$400,000
SOLD AUG 27, 2025

551 Wheatland Ave Bound Brook, NJ 08805

2 Beds
1 Bath
-- Sq Ft
7,405 Sq Ft Lot

Recently Sold

34 Days on Market

About This Home

As of August 2025

This home is located at 551 Wheatland Ave, Bound Brook, NJ 08805 and is currently priced at $400,000. This property was built in 1975. 551 Wheatland 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

ELLEN M. MURPHY

COLDWELL BANKER REALTY Brokerage Phone: 908-233-5555 Listed on: 06/11/2025

Last Buyer's Agent

MARIA BERGANZA

CENTURY 21 ALLIANCE REALTY

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $8,243

Year Built

  • Built in 1975

Lot Details

  • 7,405 Sq Ft Lot

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Bathroom

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,243

Year Built

Built in 1975

Lot Details

0

Listing Details

  • Year Built: 1975
  • County Name: Somerset
  • Street Number Display: 551
  • I D: 5363979
  • Modified: 2025-08-27
  • Number Images: 0
  • Attribution Contact: 908-233-5555
  • MLS Status: Sold
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Bedrooms: 2
  • Bathrooms: 1.00

Lot Info

  • Lot Size: 48X150
  • Total Acres: 0.17

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 19, 2020
Sold by
Thompson Michael A and Thompson Jennifer A
Bought by
Atkins Casey Lyn

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$275,488
Interest Rate
2.8%
Mortgage Type
FHA

Purchase Details

Listed on
May 28, 2013
Closed on
May 28, 2013
Sold by
Strauss Jason Robert and Strauss Kathryn Suzanne
Bought by
Thompson Michael A and Thompson Jennifer A
Seller's Agent
Douglas Swearengin
RE/MAX INSTYLE
Buyer's Agent
Douglas Swearengin
RE/MAX INSTYLE
Sold Price
$220,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.25%
Original Mortgage
$218,250
Interest Rate
3.43%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 28, 2004
Sold by
Vail Michael L
Bought by
Rizza Kathryn Suzanne and Strauss Jason Robert

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$190,000
Interest Rate
6.25%

Purchase Details

Closed on
Sep 16, 2003
Sold by
Koch Marie E
Bought by
Vail Michael L and Vail Jessica

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$210,000
Interest Rate
6.29%

Purchase Details

Closed on
Jun 24, 1999
Sold by
United States Of America
Bought by
State Of New Jersey Department Of Environment
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
Deed $285,000 Old Republic Title
Deed $285,000 Old Republic Title
Deed $225,000 Chicago Title Insurance Co
Deed $237,500 --
Deed $216,500 --
Quit Claim Deed -- None Listed On Document
Quit Claim Deed -- None Listed On Document
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $275,488 FHA
Previous Owner $218,250 New Conventional
Previous Owner $190,000 No Value Available
Previous Owner $210,000 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/27/2025 08/27/25 Sold $400,000 +0.3% --
07/15/2025 07/15/25 Pending -- -- --
07/09/2025 07/09/25 For Sale $399,000 0.0% --
06/30/2025 06/30/25 Pending -- -- --
06/11/2025 06/11/25 For Sale $399,000 +81.4% --
05/28/2013 05/28/13 Sold $220,000 -- --
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
2025 $8,243 $389,100 $176,400 $212,700
2024 $8,243 $363,300 $156,400 $206,900
2023 $7,930 $336,300 $131,400 $204,900
2022 $7,499 $301,400 $106,400 $195,000
2021 $5,972 $252,300 $76,400 $175,900
2020 $6,257 $202,700 $56,400 $146,300
2019 $5,972 $184,500 $36,400 $148,100
2018 $5,905 $177,100 $36,400 $140,700
2017 $5,956 $174,600 $36,400 $138,200
2016 $6,068 $179,200 $16,400 $162,800
2015 $4,672 $141,100 $16,400 $124,700
2014 $7,394 $215,700 $91,000 $124,700
Source: Public Records

Agents Affiliated with this Home

  • E

    Seller's Agent in 2025

    ELLEN M. MURPHY

    COLDWELL BANKER REALTY

  • M

    Buyer's Agent in 2025

    MARIA BERGANZA

    CENTURY 21 ALLIANCE REALTY

  • Douglas Swearengin

    Seller's Agent in 2013

    Douglas Swearengin

    RE/MAX

    (732) 789-7004

    110 Total Sales

    Douglas Swearengin
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Map

Source: Garden State MLS

MLS Number: 3968729

Garden State MLS

APN: 04-00024-0000-00023

New Jersey Somerset County Bound Brook 08805

551 Wheatland Ave, Bound Brook, NJ

This home is located at 551 Wheatland Ave, Bound Brook, NJ 08805 and is currently priced at $400,000. This property was built in 1975. 551 Wheatland Ave 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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