516 W 2nd St Bound Brook, NJ 08805
Estimated Value: $558,000 - $606,000
--
Bed
--
Bath
2,007
Sq Ft
$290/Sq Ft
Est. Value
About This Home
This home is located at 516 W 2nd St, Bound Brook, NJ 08805 and is currently estimated at $582,704, approximately $290 per square foot. 516 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
Aug 30, 2010
Sold by
Gomez Abel and Giamella Karin
Bought by
Gomez Abel and Giamella Karin
Current Estimated Value
Purchase Details
Closed on
Apr 8, 2006
Sold by
Holub Beverly
Bought by
Gomez Abel and Giamella Karen
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$254,998
Outstanding Balance
$146,877
Interest Rate
6.4%
Estimated Equity
$435,827
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
Date | Buyer | Sale Price | Title Company |
---|---|---|---|
Gomez Abel | -- | None Available | |
Gomez Abel | $259,000 | -- |
Source: Public Records
Mortgage History
Date | Status | Borrower | Loan Amount |
---|---|---|---|
Open | Gomez Abel | $254,998 |
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 | $11,629 | $540,800 | $238,000 | $302,800 |
2024 | $11,629 | $512,500 | $218,000 | $294,500 |
2023 | $11,448 | $485,500 | $198,000 | $287,500 |
2022 | $11,236 | $451,600 | $178,000 | $273,600 |
2021 | $9,947 | $360,600 | $118,000 | $242,600 |
2020 | $9,739 | $315,500 | $93,000 | $222,500 |
2019 | $9,947 | $307,300 | $83,000 | $224,300 |
2018 | $10,002 | $300,000 | $73,000 | $227,000 |
2017 | $10,086 | $295,700 | $73,000 | $222,700 |
2016 | $9,166 | $270,700 | $38,000 | $232,700 |
2015 | $8,347 | $252,100 | $48,000 | $204,100 |
2014 | $10,185 | $297,100 | $93,000 | $204,100 |
Source: Public Records
Map
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