355 W 2nd St Bound Brook, NJ 08805
Estimated Value: $360,000 - $405,000
--
Bed
--
Bath
1,301
Sq Ft
$295/Sq Ft
Est. Value
About This Home
This home is located at 355 W 2nd St, Bound Brook, NJ 08805 and is currently estimated at $383,483, approximately $294 per square foot. 355 W 2nd St is a home located in Somerset County with nearby schools including LaMonte Annex Elementary School, Lafayette Elementary School, and Bound Brook High School.
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Dec 12, 1996
Sold by
Berwald Denise
Bought by
Morales Hugo and Morales Carmen
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$96,000
Outstanding Balance
$9,802
Interest Rate
7.75%
Estimated Equity
$373,681
Purchase Details
Closed on
Dec 10, 1991
Sold by
Erikson Thomas and Erikson Denise
Bought by
Erikson Denise H
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Morales Hugo | $105,000 | -- | |
| Erikson Denise H | $53,600 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Morales Hugo | $96,000 |
Source: Public Records
Tax History Compared to Growth
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $7,170 | $343,000 | $173,200 | $169,800 |
| 2024 | $7,170 | $316,000 | $153,200 | $162,800 |
| 2023 | $6,772 | $287,200 | $128,200 | $159,000 |
| 2022 | $6,332 | $254,500 | $103,200 | $151,300 |
| 2021 | $5,127 | $211,500 | $73,200 | $138,300 |
| 2020 | $5,507 | $178,400 | $53,200 | $125,200 |
| 2019 | $5,127 | $158,400 | $33,200 | $125,200 |
| 2018 | $6,211 | $186,300 | $33,200 | $153,100 |
| 2017 | $6,269 | $183,800 | $33,200 | $150,600 |
| 2016 | $6,064 | $179,100 | $13,200 | $165,900 |
| 2015 | $4,897 | $147,900 | $13,200 | $134,700 |
| 2014 | $5,070 | $147,900 | $13,200 | $134,700 |
Source: Public Records
Map
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