NOT LISTED FOR SALE

506 E 2nd St Bound Brook, NJ 08805

Estimated Value: $315,000 - $445,000

-- Bed
-- Bath
1,072 Sq Ft
$360/Sq Ft Est. Value

About This Home

This home is located at 506 E 2nd St, Bound Brook, NJ 08805 and is currently estimated at $385,983, approximately $360 per square foot. 506 E 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
Feb 14, 2000
Sold by
Frezza Joseph
Bought by
Valencia Clemente and Valencia Luz
Current Estimated Value
$385,983

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$82,350
Outstanding Balance
$31,459
Interest Rate
8.21%
Mortgage Type
FHA
Estimated Equity
$309,652
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

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ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

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First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

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Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Valencia Clemente $84,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Valencia Clemente $82,350
Source: Public Records

Tax History Compared to Growth

Source: Public Records

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
2024 $5,162 $227,500 $142,100 $85,400
2023 $4,853 $205,800 $122,500 $83,300
2022 $4,655 $187,100 $107,800 $79,300
2021 $3,551 $160,700 $88,200 $72,500
2020 $3,689 $119,500 $53,900 $65,600
2019 $3,551 $109,700 $44,100 $65,600
2018 $3,157 $94,700 $34,300 $60,400
2017 $3,165 $92,800 $34,300 $58,500
2016 $2,983 $88,100 $14,700 $73,400
2015 $2,612 $78,900 $9,800 $69,100
2014 $2,705 $78,900 $9,800 $69,100
Source: Public Records

Map

New Jersey Somerset County Bound Brook 08805

506 E 2nd St, Bound Brook, NJ

This home is located at 506 E 2nd St, Bound Brook, NJ 08805 and is currently estimated at $385,983, approximately $360 per square foot. 506 E 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.

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