What is the assessed value of 232 Chestnut Street, Bound Brook Boro, NJ?

The total municipal assessment is $424,800 (land plus improvements).

What is 232 Chestnut Street, Bound Brook Boro, NJ worth?

Our model estimates a market value of $503,996, derived from comparable recorded sales nearby.

How many units does 232 Chestnut Street, Bound Brook Boro, NJ have?

Records show 1 dwelling unit at 232 Chestnut Street, Bound Brook Boro, NJ.

What kind of property is 232 Chestnut Street, Bound Brook Boro, NJ?

MOD-IV classifies it as Residential 1-4 unit (class 2). Year built: 1954.

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232 Chestnut Street, Bound Brook Boro, NJ — owner, sales, deeds · parceldata

232 Chestnut Street

Bound Brook Boro, NJ 08805·Somerset County

1804·block 102·lot 12

$503,996estimated value

Last sale

12/19/2001 · MOD-IV (Rutgers)

Property

Type

Residential 1-4 unit

Tax class

Residential 1-4 unit

Year built

1954

Building size

1,505 sq ft

Lot size

0.23 ac

Land description

50X200

Building description

1SF2G

Dwelling / commercial units

1 dw / 0 comm

Tax & Assessment

Net assessed value

$424,800

Land value

$229,900

Improvement value

$194,900

Last year's tax

$9,375

Last MOD-IV sale

MOD-IV deed date

12/19/2001

Owner mailing address

232 Chestnut Street
Bound Brook Nj 08805

Estimated market value

$503,996

range $435,871 – $575,162

high confidence

Assessment-implied: $455,501; Director's Ratio 0.9326 (2025)
Comp-implied: $520,161; 30 comparable sales

Estimated value, last 10 years

2016: $251,998 → 2025: $503,996

Based on 30 comparable sales

Address	Sold	Price
520 Dalay Place	1/13/2026	$360,000

Bordering

200-ft notice list →

236 Chestnut Street
Lot 11.02·$438,600
228 Chestnut Street
Lot 13·$362,000
559 Winsor Street
Lot 14·$570,700
163 Cherry Avenue
Lot 31·$5,685,600

Block 102All of Block 102 →

Debug — raw data per source

Computed

{
  "isCondoMaster": false,
  "condoCluster": null,
  "siblingUnitCount": 0,
  "portfolioCount": 0,
  "portfolioKeys": {
    "fullKeys": [
      "232 CHESTNUT ST BOUND BROOK NJ 08805"
    ],
    "zipKeys": [
      "232 CHESTNUT ST 08805"
    ]
  },
  "effective_unit_count": 1,
  "effective_unit_count_source": "MOD-IV"
}

MOD-IV

{
  "pams_pin": "1804_102_12",
  "county_code": "18",
  "district_code": "04",
  "block": "102",
  "lot": "12",
  "qualifier": "",
  "property_location": "232 Chestnut Street",
  "property_class": "2",
  "bldg_class": "17",
  "bldg_desc": "1SF2G",
  "land_desc": "50X200",
  "year_built": 1954,
  "living_sqft": 1505,
  "dwelling_units": 1,
  "comm_dwell": null,
  "land_value_cents": "22990000",
  "improvement_value_cents": "19490000",
  "net_value_cents": "42480000",
  "last_yr_tx_cents": "937534",
  "deed_date": "2001-12-19",
  "deed_book": "05094",
  "deed_page": "02152",
  "sale_price_cents": "0",
  "sales_code": "A",
  "owner_mailing_street": "232 Chestnut Street",
  "owner_mailing_city_state_zip": "Bound Brook Nj 08805",
  "mun_name": "BOUND BROOK BORO",
  "calc_acre": "0.229600",
  "add_lots1": null,
  "add_lots2": null,
  "prop_use": null,
  "fac_name": null,
  "centroid_lon": -74.53561490662004,
  "centroid_lat": 40.57080025348156
}

SR1A

[
  {
    "id": "3519d3d2-0b89-4569-910a-052ad9a294aa",
    "property_id": "8ea05413-090e-4fe5-98d6-9c18602a5e1c",
    "county_code": "18",
    "district_code": "04",
    "block": "102",
    "lot": "12",
    "qualifier": "",
    "deed_book": "5094",
    "deed_page": "2152",
    "deed_date": "2001-12-19",
    "date_recorded": "2001-12-19",
    "sale_price_cents": "0",
    "sr1a_year": null,
    "source": "modiv_rutgers"
  },
  {
    "id": "b547096f-0980-4a3d-bc4c-f73c2b7078b0",
    "property_id": "8ea05413-090e-4fe5-98d6-9c18602a5e1c",
    "county_code": "18",
    "district_code": "04",
    "block": "102",
    "lot": "12",
    "qualifier": "",
    "deed_book": "05094",
    "deed_page": "02152",
    "deed_date": "2001-12-19",
    "date_recorded": "2001-12-19",
    "sale_price_cents": "0",
    "sr1a_year": null,
    "source": "taxdatahub"
  },
  {
    "id": "f05f80a5-f7a0-4652-a335-c868f45021f8",
    "property_id": "8ea05413-090e-4fe5-98d6-9c18602a5e1c",
    "county_code": "18",
    "district_code": "04",
    "block": "102",
    "lot": "12",
    "qualifier": "",
    "deed_book": "2261",
    "deed_page": "243",
    "deed_date": "1999-08-26",
    "date_recorded": "1999-08-26",
    "sale_price_cents": "14600000",
    "sr1a_year": null,
    "source": "modiv_rutgers"
  }
]

API record·permalink

Frequently asked questions

What is the assessed value of 232 Chestnut Street, Bound Brook Boro, NJ?: The total municipal assessment is $424,800 (land plus improvements).
What is 232 Chestnut Street, Bound Brook Boro, NJ worth?: Our model estimates a market value of $503,996, derived from comparable recorded sales nearby.
How many units does 232 Chestnut Street, Bound Brook Boro, NJ have?: Records show 1 dwelling unit at 232 Chestnut Street, Bound Brook Boro, NJ.
What kind of property is 232 Chestnut Street, Bound Brook Boro, NJ?: MOD-IV classifies it as Residential 1-4 unit (class 2). Year built: 1954.

Sales history

12/19/2001$0
MOD-IV (Rutgers)Bk 5094 / Pg 2152
12/19/2001$0
TaxDataHubBk 05094 / Pg 02152
8/26/1999$146,000
MOD-IV (Rutgers)Bk 2261 / Pg 243

Date	Price	Book / Page	Source
12/19/2001	$0	5094 / 2152	MOD-IV (Rutgers)
12/19/2001	$0	05094 / 02152	TaxDataHub
8/26/1999	$146,000	2261 / 243	MOD-IV (Rutgers)