NOT LISTED FOR SALE

551 Central Ave Bound Brook, NJ 08805

Estimated Value: $651,000 - $695,786

4 Beds
4 Baths
-- Sq Ft
6,098 Sq Ft Lot Lot

Sale Details

Date Sold: August 9, 2024

Last sale price $630,000

Est. 7% increase in value since last sale

Current estimated payment $4,517 / mo

42 Days on Market

About This Home

As of August 2024

This home is located at 551 Central Ave, Bound Brook, NJ 08805 since 13 May 2024 and is currently estimated at $673,947. This property was built in 1949. 551 Central Ave is a home located in Somerset County with nearby schools including LaMonte Annex Elementary School, Lafayette Elementary School, and Bound Brook High School.

Last Agent to Sell the Property

JESSICA CRAIG

COLDWELL BANKER REALTY Brokerage Phone: 908-751-7750 Listed on: 05/13/2024

Co-Listed By

Michele Blinn-Barreiro

COLDWELL BANKER REALTY Brokerage Phone: 908-751-7750

Last Buyer's Agent

Marina Katsan

REALTY ONE GROUP CENTRAL

REALTY ONE GROUP CENTRAL

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1949

Lot Details

  • 6,098 Sq Ft Lot

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Bathrooms

Home Details

Home Type

Single Family

Year Built

Built in 1949

Lot Details

6,098 Sq Ft Lot

Listing Details

  • Year Built: 1949
  • County Name: Somerset
  • I D: 5287722
  • Attribution Contact: 908-751-7750
  • MLS Status: Sold
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Bedrooms: 4
  • Bathrooms: 3.10

Lot Info

  • Lot Size: 50X125
  • Total Acres: 0.14

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
May 13, 2024
Closed on
Aug 14, 2024
Sold by
Bought by
Seller's Agent
JESSICA CRAIG
COLDWELL BANKER REALTY
Buyer's Agent
Marina Katsan
REALTY ONE GROUP CENTRAL
List Price
$599,000
Sold Price
$630,000
Premium/Discount to List
$31,000
5.18%
Views
90
Current Estimated Value
$673,947

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$43,947
Avg. Annual Appreciation
3.82%
Original Mortgage
$504,000
Outstanding Balance
$495,646
Interest Rate
6.95%
Mortgage Type
New Conventional
Estimated Equity
$178,301

Purchase Details

Closed on
Sep 21, 2023
Sold by
Bought by
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

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ICE

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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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$630,000 None Listed On Document
$630,000 None Listed On Document
$200,000 Stewart Title
$200,000 Stewart Title
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $504,000
Closed $504,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
08/09/2024 08/09/24 Sold $630,000 +5.2% --
06/24/2024 06/24/24 Pending -- -- --
05/13/2024 05/13/24 For Sale $599,000 -- --
Source: Garden State MLS

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $11,279 $625,100 $242,000 $383,100
2024 $10,863 $497,100 $222,000 $275,100
2023 $10,863 $460,700 $192,000 $268,700
2022 $10,517 $422,700 $167,000 $255,700
2021 $9,824 $341,000 $142,000 $199,000
2020 $9,579 $310,300 $127,000 $183,300
2019 $9,824 $303,500 $117,000 $186,500
2018 $9,889 $296,600 $107,000 $189,600
2017 $8,865 $259,900 $107,000 $152,900
2016 $8,743 $258,200 $97,000 $161,200
2015 $8,082 $244,100 $107,000 $137,100
2014 $7,922 $231,100 $94,000 $137,100
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2024

    JESSICA CRAIG

    COLDWELL BANKER REALTY

  • Michele Blinn-Barreiro

    Seller Co-Listing Agent in 2024

    Michele Blinn-Barreiro

    COLDWELL BANKER REALTY

    (855) 592-5468

    1 in this area

    122 Total Sales

    Michele Blinn-Barreiro
    Section Image

  • M

    Buyer's Agent in 2024

    Marina Katsan

    REALTY ONE GROUP CENTRAL

    (718) 844-5414

    1 in this area

    37 Total Sales

    Marina Katsan
    Section Image
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Map

Source: Garden State MLS

MLS Number: 3901665

Garden State MLS

APN: 04-00086-0000-00005

New Jersey Somerset County Bound Brook 08805

551 Central Ave, Bound Brook, NJ

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Information deemed reliable but not guaranteed.
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