$340,000
SOLD FEB 17, 2021

53 Bound Brook Rd Parsippany, NJ 07054

3 Beds
2 Baths
1,260 Sq Ft
10,454 Sq Ft Lot

Recently Sold

$270 Per Sq Ft

17% Below List Price

58 Days on Market

Highlights

  • Deck
  • Formal Dining Room
  • Living Room
  • Lake Parsippany Elementary School Rated A
  • 1 Car Attached Garage
  • Laundry Room

About This Home

As of May 2022

This home is located at 53 Bound Brook Rd, Parsippany, NJ 07054 and is currently priced at $340,000, approximately $269 per square foot. This property was built in 1940. 53 Bound Brook Rd is a home located in Morris County with nearby schools including Lake Parsippany Elementary School, Brooklawn Middle School, and Parsippany Hills High School.

Last Agent to Sell the Property

ERIC MARTIN

KELLER WILLIAMS METROPOLITAN Listed on: 11/16/2020

Last Buyer's Agent

HEKI H. BUDZYN

WEICHERT REALTORS

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,594

Year Built

  • Built in 1940 | Remodeled

Lot Details

  • 10,454 Sq Ft Lot
  • Level Lot

Parking

  • 1 Car Attached Garage

Home Design

  • Aluminum Siding

Interior Spaces

  • Living Room
  • Formal Dining Room
  • Carbon Monoxide Detectors

Kitchen

  • Electric Oven or Range
  • Free-Standing Freezer
  • Dishwasher

Flooring

  • Wall to Wall Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary bedroom located on second floor
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Unfinished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House

Outdoor Features

  • Deck
  • Storage Shed

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Radiator
  • Heating System Mounted To A Wall or Window
  • Standard Electricity

Community Details

  • $115 Other One-Time Fees

Listing and Financial Details

  • Assessor Parcel Number 2329-00216-0000-00009-0000-
  • Tax Block *

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,594

Year Built

Built in 1940 | Remodeled

Lot Details

0

Parking

1

Listing Details

  • Subproperty Type: Single Family
  • Year Built: 1940
  • Year Built Description: Approximate, Renovated
  • County Name: Morris
  • Renovated Year: 1980
  • Street Number Display: 53
  • Directions: Rt 202 Right on Kingston Left on Bound Brook Rd
  • I D: 5029464
  • Modified: 2022-02-18
  • Number Images: 18
  • First Name: ERIC
  • First Name3: HEKI H.
  • Last Name: MARTIN
  • Last Name3: BUDZYN
  • Office Phone: 973-539-1120
  • Office Phone3: 973-334-9400
  • Special Features: None
  • Property Sub Type: Detached
  • Year Renovated: 1980

Interior Features

  • Flooring: Carpeting, Vinyl-Linoleum
  • Appliances: Carbon Monoxide Detector, Dishwasher, Dryer, Freezer-Freestanding, Range/Oven-Electric, Refrigerator, Washer
  • Interior Amenities: Security System
  • Number Rooms: 6
  • Bedrooms: 3
  • Bedroom 1 Level: Second
  • Bedroom 2 Level: Second
  • Bedroom 3 Level: Second
  • Bathrooms: 2.00
  • Full Bathrooms: 2
  • Basement: Yes
  • Basement Description: Full, Unfinished, Walkout
  • Basement Level Rooms: Laundry Room, Walkout
  • Dining Room Level: First
  • Dining Area: Formal Dining Room
  • Kitchen Area: Galley Type
  • Kitchen Dim: 18x8
  • Kitchen Level: First
  • Living Room Dim: 17x14
  • Living Room Level: First
  • Level 1 Rooms: Bath Main, Dining Room, Kitchen, Living Room
  • Level 2 Rooms: 3 Bedrooms, Bath Main
  • Phone: 973-539-1120

Exterior Features

  • Exterior Description: Aluminum Siding
  • Exterior Features: Deck, Storage Shed
  • Roof Description: Asphalt Shingle

Garage/Parking

  • Garage Description: Attached Garage
  • Number Garage Spaces: 1
  • Number Parking Spaces: 4
  • Parking Driveway Description: 2 Car Width, Blacktop

Utilities

  • Cooling: Wall A/C Unit(s)
  • Fuel Type: OilAbOut
  • Heating: 1 Unit, Baseboard - Hotwater, Floor/Wall Heater, Radiators - Hot Water
  • Sewer: Public Sewer
  • Utilities: Electric
  • Water: Public Water
  • Water Heater: From Furnace

Fee Information

  • Other Fee Freqency: One Time
  • Other Fees: 115

Lot Info

  • Lot Size: .240 AC
  • Assessed Improvement Value: 107400
  • Assessed Land Value: 145000
  • Assessment: 252400
  • Lot Description: Level Lot
  • Lot Identifier: 9
  • Lot I D Tax: *
  • Lot Size Tax: *
  • Total Acres: 0.24

Tax Info

  • Tax Acres: *
  • Assessed Improvement Value: *
  • Assessed Land Value: *
  • Total Tax Assessed: *
  • Streetname Tax: *
  • Street Number Tax: *
  • Tax Amount: 7594
  • Assessor Parcel Number: 2329-00216-0000-00009-0000-
  • Assessor Parcel Number: *
  • Tax Rate Amount: 2.948
  • Tax Rate Tax: *
  • Tax Rate Year: 2019
  • Tax Year Tax: *
  • Tax Year: 2019

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 22, 2022
Closed on
May 26, 2022
Sold by
Paul Powers Construction Inc
Bought by
Shehata Monica W and Mikhael Mina T
Seller's Agent
HEKI H. BUDZYN
WEICHERT REALTORS
Buyer's Agent
BISHOY MEGALLA
KELLER WILLIAMS TEAM REALTY
List Price
$959,900
Sold Price
$945,000
Premium/Discount to List
-$14,900
-1.55%
Current Estimated Value
$1,061,619

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$116,619
Avg. Annual Appreciation
5.01%
Original Mortgage
$595,000
Interest Rate
5.1%
Mortgage Type
New Conventional

Purchase Details

Listed on
Nov 16, 2020
Closed on
Feb 12, 2021
Sold by
Martin Eric and Estate Of Eveline K Martin
Bought by
Paul Powers Construction Inc
Seller's Agent
ERIC MARTIN
KELLER WILLIAMS METROPOLITAN
Buyer's Agent
HEKI H. BUDZYN
WEICHERT REALTORS
List Price
$410,000
Sold Price
$340,000
Premium/Discount to List
-$70,000
-17.07%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
123.65%
Source: Public Records

Range of Values:

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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 Type Sale Price Title Company
Bargain Sale Deed $945,000 Schulte Bernard J
Deed $340,000 State Title Services Llc
Deed $340,000 Fidelity National Title
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $595,000 New Conventional
Previous Owner $100,000 Unknown
Previous Owner $60,000 Unknown
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/26/2022 05/26/22 Sold $945,000 -1.6% $750 / Sq Ft
04/08/2022 04/08/22 Pending -- -- --
02/22/2022 02/22/22 For Sale $959,900 +182.3% $762 / Sq Ft
02/17/2021 02/17/21 Sold $340,000 -13.9% $270 / Sq Ft
01/13/2021 01/13/21 Pending -- -- --
12/04/2020 12/04/20 Price Changed $395,000 -3.7% $313 / Sq Ft
11/16/2020 11/16/20 For Sale $410,000 -- $325 / Sq Ft
Source: Garden State MLS

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 $18,082 $532,300 $145,000 $387,300
2023 $18,082 $532,300 $145,000 $387,300
2022 $7,247 $252,400 $145,000 $107,400
2021 $7,247 $252,400 $145,000 $107,400
2020 $7,809 $252,400 $145,000 $107,400
2019 $7,600 $252,400 $145,000 $107,400
2018 $7,433 $252,400 $145,000 $107,400
2017 $7,267 $252,400 $145,000 $107,400
2016 $7,140 $252,400 $145,000 $107,400
2015 $6,701 $252,400 $145,000 $107,400
2014 $6,610 $252,400 $145,000 $107,400
Source: Public Records

Agents Affiliated with this Home

  • H

    Seller's Agent in 2022

    HEKI H. BUDZYN

    WEICHERT REALTORS

  • B

    Buyer's Agent in 2022

    BISHOY MEGALLA

    KELLER WILLIAMS TEAM REALTY

  • E

    Seller's Agent in 2021

    ERIC MARTIN

    KELLER WILLIAMS METROPOLITAN

See All Agents

Map

Source: Garden State MLS

MLS Number: 3678696

Garden State MLS

APN: 29-00216-0000-00009

New Jersey Morris County Parsippany 07054

53 Bound Brook Rd, Parsippany, NJ

This home is located at 53 Bound Brook Rd, Parsippany, NJ 07054 and is currently priced at $340,000, approximately $269 per square foot. This property was built in 1940. 53 Bound Brook Rd is a home located in Morris County with nearby schools including Lake Parsippany Elementary School, Brooklawn Middle School, and Parsippany Hills High School.

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