When was 305 Park Place, Bound Brook Boro, NJ last sold?

The most recent recorded sale was in 1991 for $124,500.

What is the assessed value of 305 Park Place, Bound Brook Boro, NJ?

The total municipal assessment is $365,800 (land plus improvements).

What is 305 Park Place, Bound Brook Boro, NJ worth?

Our model estimates a market value of $448,633, derived from comparable recorded sales nearby.

How many units does 305 Park Place, Bound Brook Boro, NJ have?

Records show 1 dwelling unit at 305 Park Place, Bound Brook Boro, NJ.

What kind of property is 305 Park Place, Bound Brook Boro, NJ?

MOD-IV classifies it as Residential 1-4 unit (class 2). Year built: 1955.

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305 Park Place, Bound Brook Boro, NJ — owner, sales, deeds · parceldata

305 Park Place

Bound Brook Boro, NJ 08805·Somerset County

1804·block 38·lot 5

$448,633estimated value

Last sale

$124,500

9/27/1991 · MOD-IV (Rutgers)

Property

Type

Residential 1-4 unit

Tax class

Residential 1-4 unit

Year built

1955

Building size

1,132 sq ft

Lot size

0.13 ac

Land description

50X112

Building description

1S-F

Dwelling / commercial units

1 dw / 0 comm

Tax & Assessment

Net assessed value

$365,800

Land value

$242,000

Improvement value

$123,800

Last year's tax

$8,073

Last MOD-IV sale

$1,245

MOD-IV deed date

9/27/1991

Owner mailing address

305 Park Place
Bound Brook Nj 08805

Estimated market value

$448,633

range $382,430 – $492,544

high confidence

Assessment-implied: $392,237; Director's Ratio 0.9326 (2025)
Comp-implied: $467,431; 30 comparable sales

Estimated value, last 10 years

2016: $192,795 → 2025: $448,633

Based on 30 comparable sales

Address	Sold	Price
520 Dalay Place	1/13/2026	$360,000
722 Lawrence Road	12/2/2025	$607,000

Bordering

200-ft notice list →

110 Thompson Avenue
Lot 10·$468,600
112 Thompson Avenue
Lot 11·$427,100
309 Park Place
Lot 4·$424,400
300 Park Place
Lot 6·$448,500
355 West High Street
Lot 7·$423,400

Block 38All of Block 38 →

Debug — raw data per source

Computed

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

MOD-IV

{
  "pams_pin": "1804_38_5",
  "county_code": "18",
  "district_code": "04",
  "block": "38",
  "lot": "5",
  "qualifier": "",
  "property_location": "305 Park Place",
  "property_class": "2",
  "bldg_class": "17",
  "bldg_desc": "1S-F",
  "land_desc": "50X112",
  "year_built": 1955,
  "living_sqft": 1132,
  "dwelling_units": 1,
  "comm_dwell": null,
  "land_value_cents": "24200000",
  "improvement_value_cents": "12380000",
  "net_value_cents": "36580000",
  "last_yr_tx_cents": "807321",
  "deed_date": "1991-09-27",
  "deed_book": "01831",
  "deed_page": "00542",
  "sale_price_cents": "124500",
  "sales_code": null,
  "owner_mailing_street": "305 Park Place",
  "owner_mailing_city_state_zip": "Bound Brook  Nj 08805",
  "mun_name": "BOUND BROOK BORO",
  "calc_acre": "0.128600",
  "add_lots1": null,
  "add_lots2": null,
  "prop_use": null,
  "fac_name": null,
  "centroid_lon": -74.54698980507038,
  "centroid_lat": 40.563989194402616
}

SR1A

[
  {
    "id": "e1d1a312-85a2-47b0-8422-19eba7a33cb5",
    "property_id": "b0d2ea6f-2a36-4b38-9ec0-3ce1b76ea7ca",
    "county_code": "18",
    "district_code": "04",
    "block": "38",
    "lot": "5",
    "qualifier": "",
    "deed_book": "1831",
    "deed_page": "542",
    "deed_date": "1991-09-27",
    "date_recorded": "1991-09-27",
    "sale_price_cents": "12450000",
    "sr1a_year": null,
    "source": "modiv_rutgers"
  },
  {
    "id": "ac33cb66-7516-43cf-b111-a2d11847ce6a",
    "property_id": "b0d2ea6f-2a36-4b38-9ec0-3ce1b76ea7ca",
    "county_code": "18",
    "district_code": "04",
    "block": "38",
    "lot": "5",
    "qualifier": "",
    "deed_book": "01831",
    "deed_page": "00542",
    "deed_date": "1991-09-27",
    "date_recorded": "1991-09-27",
    "sale_price_cents": "124500",
    "sr1a_year": null,
    "source": "taxdatahub"
  }
]

API record·permalink

Frequently asked questions

When was 305 Park Place, Bound Brook Boro, NJ last sold?: The most recent recorded sale was in 1991 for $124,500.
What is the assessed value of 305 Park Place, Bound Brook Boro, NJ?: The total municipal assessment is $365,800 (land plus improvements).
What is 305 Park Place, Bound Brook Boro, NJ worth?: Our model estimates a market value of $448,633, derived from comparable recorded sales nearby.
How many units does 305 Park Place, Bound Brook Boro, NJ have?: Records show 1 dwelling unit at 305 Park Place, Bound Brook Boro, NJ.
What kind of property is 305 Park Place, Bound Brook Boro, NJ?: MOD-IV classifies it as Residential 1-4 unit (class 2). Year built: 1955.

Sales history

9/27/1991$124,500
MOD-IV (Rutgers)Bk 1831 / Pg 542
9/27/1991$1,245
TaxDataHubBk 01831 / Pg 00542

Date	Price	Book / Page	Source
9/27/1991	$124,500	1831 / 542	MOD-IV (Rutgers)
9/27/1991	$1,245	01831 / 00542	TaxDataHub