NOT LISTED FOR SALE

551 Central Ave Bound Brook, NJ 08805

Estimated Value: $617,000 - $669,000

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

Last Sold August 09, 2024

Last sale price $630,000

Est. 2% increase in value since last sale

Current estimated payment $4,531/month

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 $643,426. 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 Listed By

JESSICA CRAIG

KELLER WILLIAMS REAL ESTATE Brokerage Phone: 908-751-7750 Listed on: 05/13/2024

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $11,279

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

Est. Annual Taxes

$11,279

Year Built

Built in 1949

Lot Details

0

Listing Details

  • Year Built: 1949
  • County Name: Somerset
  • Street Number Display: 551
  • I D: 5287722
  • Modified: 2024-08-10
  • Number Images: 1
  • 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

Date Name Owned For Owner Type

Purchase Details

Listed on
May 13, 2024
Closed on
Aug 14, 2024
Sold by
15 Hilltop Road Llc
Bought by
Beresnev Andrei and Beresneva Olga
Seller's Agent
JESSICA CRAIG
KELLER WILLIAMS REAL ESTATE
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%
Total Days on Market
42
Views
90
Current Estimated Value
$643,426

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$13,426
Avg. Annual Appreciation
1.95%
Original Mortgage
$504,000
Outstanding Balance
$502,741
Interest Rate
6.95%
Mortgage Type
New Conventional
Estimated Equity
$135,954

Purchase Details

Closed on
Sep 21, 2023
Sold by
Andrus Gerald
Bought by
15 Hilltop Road Llc

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.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

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.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

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.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

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.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
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

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Beresnev Andrei $630,000 None Listed On Document
15 Hilltop Road Llc $200,000 Stewart Title
Source: Public Records

Mortgage History

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

Property History

Date Event Price Change Sq Ft Price
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 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 $11,279 $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

    KELLER WILLIAMS REAL ESTATE

  • Michele Blinn-Barreiro

    Seller Co-Listing Agent in 2024

    Michele Blinn-Barreiro

    KELLER WILLIAMS REAL ESTATE

    (855) 592-5468

    1 in this area

    144 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

    62 Total Sales

    Marina Katsan
    Section Image
See All Agents

Map

Similar Home in Bound Brook, NJ

  • 51 W Union Ave, Bound Brook, NJ 08805

    $615,000

    • 4 Beds
    • 1.5 Baths
    • 2,112 Sq Ft
    • 51 W Union Ave
    • Bound Brook, NJ

    Welcome to this exquisite Victorian gem situated in the heart of Bound Brook. This stunning property Boasts four generously sized bedrooms and one and a half well-appointed bathrooms. The elegant design showcases exquisite architectural features and quality finishes throughout, including a charming front porch that invites you to enjoy the serene surroundings.The home offers an array of amenities

    TATIANA WAGNEROVA COLDWELL BANKER REALTY

    Section Image
See All Homes in Bound Brook

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

Homes for Sale in Bound Brook, NJ

This home is located at 551 Central Ave, Bound Brook, NJ 08805 since 13 May 2024 and is currently estimated at $643,426. 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.

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.

Garden State MLS The data relating to real estate for sale on this website comes in part from the IDX Program of Garden State Multiple Listing Service, L.L.C. Real estate listings held by other brokerage firms are marked as IDX Listing.

Information deemed reliable but not guaranteed.
Copyright © 2025 Garden State Multiple Listing Service, L.L.C. All rights reserved.

Notice: The dissemination of listings on this website does not constitute the consent required by N.J.A.C. 11:5.6.1 (n) for the advertisement of listings exclusively for sale by another broker. Any such consent must be obtained in writing from the listing broker.



This information is being provided for Consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties Consumers may be interested in purchasing.