What is the assessed value of 702 Lawrence Road, Bound Brook Boro, NJ?

The total municipal assessment is $465,200 (land plus improvements).

What is 702 Lawrence Road, Bound Brook Boro, NJ worth?

Our model estimates a market value of $516,580, derived from comparable recorded sales nearby.

How many units does 702 Lawrence Road, Bound Brook Boro, NJ have?

Records show 1 dwelling unit at 702 Lawrence Road, Bound Brook Boro, NJ.

What kind of property is 702 Lawrence Road, Bound Brook Boro, NJ?

MOD-IV classifies it as Residential 1-4 unit (class 2). Year built: 1957.

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702 Lawrence Road, Bound Brook Boro, NJ — owner, sales, deeds · parceldata

702 Lawrence Road

Bound Brook Boro, NJ·Somerset County

1804·block 110·lot 10

$516,580estimated value

Last sale

—

1/12/2022 · SR1A 2022

Property

Type

Residential 1-4 unit

Tax class

Residential 1-4 unit

Year built

1957

Building size

1,290 sq ft

Lot size

0.12 ac

Land description

51X100

Building description

2SF1G

Dwelling / commercial units

1 dw / 0 comm

Tax & Assessment

Net assessed value

$465,200

Land value

$266,000

Improvement value

$199,200

Last year's tax

$10,267

Last MOD-IV sale

MOD-IV deed date

1/5/2022

Owner mailing address

702 Lawrence Rd
Bound Brook, Nj 08805

Estimated market value

$516,580

range $409,232 – $542,916

high confidence

Assessment-implied: $498,821; Director's Ratio 0.9326 (2025)
Comp-implied: $522,500; 30 comparable sales

Estimated value, last 10 years

2016: $258,290 → 2025: $516,580

Based on 30 comparable sales

Address	Sold	Price
722 Lawrence Road	12/2/2025	$607,000
318 West Maple Avenue

Bordering

200-ft notice list →

Stratford Place
Lot 1
698 Lawrence Road
Lot 11·$464,000
722 Cedarcrest Drive
Lot 12·$415,400
706 Lawrence Road
Lot 9·$408,700

Block 110All of Block 110 →

Debug — raw data per source

Computed

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

MOD-IV

{
  "pams_pin": "1804_110_10",
  "county_code": "18",
  "district_code": "04",
  "block": "110",
  "lot": "10",
  "qualifier": "",
  "property_location": "702 Lawrence Road",
  "property_class": "2",
  "bldg_class": "17",
  "bldg_desc": "2SF1G",
  "land_desc": "51X100",
  "year_built": 1957,
  "living_sqft": 1290,
  "dwelling_units": 1,
  "comm_dwell": null,
  "land_value_cents": "26600000",
  "improvement_value_cents": "19920000",
  "net_value_cents": "46520000",
  "last_yr_tx_cents": "1026696",
  "deed_date": "2022-01-05",
  "deed_book": "07416",
  "deed_page": "02504",
  "sale_price_cents": "0",
  "sales_code": "A",
  "owner_mailing_street": "702 Lawrence Rd",
  "owner_mailing_city_state_zip": "Bound Brook, Nj 08805",
  "mun_name": "BOUND BROOK BORO",
  "calc_acre": "0.117100",
  "add_lots1": null,
  "add_lots2": null,
  "prop_use": "000",
  "fac_name": null,
  "centroid_lon": -74.5511398396571,
  "centroid_lat": 40.572359737402145
}

SR1A

[
  {
    "id": "b6f97eeb-0a02-41af-9f8b-e7f92792a9af",
    "property_id": null,
    "county_code": "18",
    "district_code": "04",
    "block": "110",
    "lot": "10",
    "qualifier": "",
    "deed_book": null,
    "deed_page": null,
    "deed_date": "2022-01-05",
    "date_recorded": "2022-01-12",
    "sale_price_cents": null,
    "sr1a_year": 2022,
    "source": "sr1a"
  },
  {
    "id": "8ae29e2b-25bb-498d-9165-61bc6312904d",
    "property_id": "eab79cdd-8e54-46ca-921a-c34246796ceb",
    "county_code": "18",
    "district_code": "04",
    "block": "110",
    "lot": "10",
    "qualifier": "",
    "deed_book": "7416",
    "deed_page": "2504",
    "deed_date": "2022-01-05",
    "date_recorded": "2022-01-05",
    "sale_price_cents": "0",
    "sr1a_year": null,
    "source": "modiv_rutgers"
  },
  {
    "id": "a2a24fca-0bd6-4b68-91e5-0e3e4e2bb0d7",
    "property_id": "eab79cdd-8e54-46ca-921a-c34246796ceb",
    "county_code": "18",
    "district_code": "04",
    "block": "110",
    "lot": "10",
    "qualifier": "",
    "deed_book": "07416",
    "deed_page": "02504",
    "deed_date": "2022-01-05",
    "date_recorded": "2022-01-05",
    "sale_price_cents": "0",
    "sr1a_year": null,
    "source": "taxdatahub"
  }
]

API record·permalink

Frequently asked questions

What is the assessed value of 702 Lawrence Road, Bound Brook Boro, NJ?: The total municipal assessment is $465,200 (land plus improvements).
What is 702 Lawrence Road, Bound Brook Boro, NJ worth?: Our model estimates a market value of $516,580, derived from comparable recorded sales nearby.
How many units does 702 Lawrence Road, Bound Brook Boro, NJ have?: Records show 1 dwelling unit at 702 Lawrence Road, Bound Brook Boro, NJ.
What kind of property is 702 Lawrence Road, Bound Brook Boro, NJ?: MOD-IV classifies it as Residential 1-4 unit (class 2). Year built: 1957.

Sales history

1/12/2022—
SR1A 2022
1/5/2022$0
MOD-IV (Rutgers)Bk 7416 / Pg 2504
1/5/2022$0
TaxDataHubBk 07416 / Pg 02504

Date	Price	Book / Page	Source
1/12/2022	—	—	SR1A 2022
1/5/2022	$0	7416 / 2504	MOD-IV (Rutgers)
1/5/2022	$0	07416 / 02504	TaxDataHub