702 Cedar Crest Dr Bound Brook, NJ 08805
Estimated Value: $501,000 - $554,000
3
Beds
2
Baths
1,554
Sq Ft
$338/Sq Ft
Est. Value
About This Home
This home is located at 702 Cedar Crest Dr, Bound Brook, NJ 08805 and is currently estimated at $525,045, approximately $337 per square foot. 702 Cedar Crest Dr is a home located in Somerset County with nearby schools including Adamsville Primary School, Bridgewater-Raritan Middle School, and Hillside Intermediate School.
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Dec 5, 2025
Sold by
Velasco-Gutierrez Jose B and Velasco Maricela Rojas
Bought by
Velasco-Gutierrez Jose B
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$400,000
Outstanding Balance
$400,000
Interest Rate
6.17%
Mortgage Type
New Conventional
Estimated Equity
$125,045
Purchase Details
Closed on
Nov 14, 2011
Sold by
Voorhees Matthew L and Voorhees Helen M
Bought by
Velasco Jose and Velasco Maricela Rojas
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$243,662
Interest Rate
4.4%
Mortgage Type
FHA
Purchase Details
Closed on
Sep 22, 1999
Sold by
Westphal August
Bought by
Voorhees Matthew and Kana Helen
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$135,800
Interest Rate
8.1%
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 |
|---|---|---|---|
| Velasco-Gutierrez Jose B | -- | Hometown Title | |
| Velasco Jose | $250,000 | Multiple | |
| Voorhees Matthew | $143,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Velasco-Gutierrez Jose B | $400,000 | |
| Previous Owner | Velasco Jose | $243,662 | |
| Previous Owner | Voorhees Matthew | $135,800 |
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 | $10,417 | $484,300 | $258,400 | $225,900 |
| 2024 | $10,417 | $459,100 | $239,400 | $219,700 |
| 2023 | $10,368 | $439,700 | $225,200 | $214,500 |
| 2022 | $9,678 | $389,000 | $206,200 | $182,800 |
| 2021 | $8,630 | $318,600 | $163,400 | $155,200 |
| 2020 | $8,869 | $287,300 | $144,400 | $142,900 |
| 2019 | $8,630 | $266,600 | $144,400 | $122,200 |
| 2018 | $8,478 | $254,300 | $130,200 | $124,100 |
| 2017 | $8,449 | $247,700 | $125,400 | $122,300 |
| 2016 | $8,167 | $241,200 | $96,900 | $144,300 |
| 2015 | $7,903 | $238,700 | $87,400 | $151,300 |
| 2014 | $7,884 | $230,000 | $87,400 | $142,600 |
Source: Public Records
Map
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