518 E 2nd St Bound Brook, NJ 08805
Estimated Value: $294,000 - $426,000
2
Beds
1
Bath
1,072
Sq Ft
$315/Sq Ft
Est. Value
About This Home
This home is located at 518 E 2nd St, Bound Brook, NJ 08805 and is currently estimated at $337,177, approximately $314 per square foot. 518 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
Aug 1, 2017
Sold by
Tune Corey and Tune Helene
Bought by
Py Asset Management
Current Estimated Value
Purchase Details
Closed on
Jul 2, 2001
Sold by
Horner Melissa
Bought by
Hune Corey and Hune Helene
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$88,600
Interest Rate
7.1%
Mortgage Type
FHA
Purchase Details
Closed on
Sep 12, 1996
Sold by
Frezza Joe
Bought by
Horner Melissa
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$57,000
Interest Rate
7.89%
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 |
|---|---|---|---|
| Py Asset Management | $42,000 | None Available | |
| Hune Corey | $90,000 | -- | |
| Horner Melissa | $59,500 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Hune Corey | $88,600 | |
| Previous Owner | Horner Melissa | $57,000 |
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 | $5,353 | $266,200 | $161,700 | $104,500 |
| 2024 | $5,353 | $235,900 | $142,100 | $93,800 |
| 2023 | $5,048 | $214,100 | $122,500 | $91,600 |
| 2022 | $4,732 | $190,200 | $107,800 | $82,400 |
| 2021 | $3,761 | $167,800 | $88,200 | $79,600 |
| 2020 | $3,890 | $126,000 | $53,900 | $72,100 |
| 2019 | $3,761 | $116,200 | $44,100 | $72,100 |
| 2018 | $3,147 | $94,400 | $34,300 | $60,100 |
| 2017 | $3,155 | $92,500 | $34,300 | $58,200 |
| 2016 | $2,997 | $88,500 | $14,700 | $73,800 |
| 2015 | $2,546 | $76,900 | $9,800 | $67,100 |
| 2014 | $2,636 | $76,900 | $9,800 | $67,100 |
Source: Public Records
Map
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