NOT LISTED FOR SALE

62 Franklin St South Bound Brook, NJ 08880

South Bound Brook Neighborhood

Estimated Value: $411,000 - $455,000

-- Bed
-- Bath
1,440 Sq Ft
$298/Sq Ft Est. Value

About This Home

This home is located at 62 Franklin St, South Bound Brook, NJ 08880 and is currently estimated at $428,419, approximately $297 per square foot. 62 Franklin St is a home located in Somerset County with nearby schools including Robert Morris School and Green Brook Academy.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 12, 2022
Sold by
Meiss Diane E
Bought by
Merlo Jordan and Esposito Megan
Current Estimated Value
$428,419

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$284,750
Outstanding Balance
$278,699
Interest Rate
6.95%
Mortgage Type
New Conventional
Estimated Equity
$132,711

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

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ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

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First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

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Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

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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 Buyer Sale Price Title Company
Merlo Jordan $335,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Merlo Jordan $284,750
Previous Owner Meiss Diane E $50,000
Source: Public Records

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 $8,745 $228,800 $89,000 $139,800
2023 $8,662 $228,800 $89,000 $139,800
2022 $8,095 $228,800 $89,000 $139,800
2021 $7,707 $228,800 $89,000 $139,800
2020 $7,589 $228,800 $89,000 $139,800
2019 $7,786 $228,800 $89,000 $139,800
2018 $7,743 $228,800 $89,000 $139,800
2017 $7,715 $228,800 $89,000 $139,800
2016 $7,541 $228,800 $89,000 $139,800
2015 $7,342 $228,800 $89,000 $139,800
2014 $7,166 $228,800 $89,000 $139,800
Source: Public Records

Map

New Jersey Somerset County South Bound Brook 08880 South Bound Brook

62 Franklin St, South Bound Brook, NJ

Homes for Sale in South Bound Brook, NJ

This home is located at 62 Franklin St, South Bound Brook, NJ 08880 and is currently estimated at $428,419, approximately $297 per square foot. 62 Franklin St is a home located in Somerset County with nearby schools including Robert Morris School and Green Brook Academy.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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