When was 540 Grove Avenue, Bound Brook Boro, NJ last sold?

The most recent recorded sale was in 1999 for $164,000.

What is the assessed value of 540 Grove Avenue, Bound Brook Boro, NJ?

The total municipal assessment is $484,500 (land plus improvements).

What is 540 Grove Avenue, Bound Brook Boro, NJ worth?

Our model estimates a market value of $500,198, derived from comparable recorded sales nearby.

How many units does 540 Grove Avenue, Bound Brook Boro, NJ have?

Records show 1 dwelling unit at 540 Grove Avenue, Bound Brook Boro, NJ.

What kind of property is 540 Grove Avenue, Bound Brook Boro, NJ?

MOD-IV classifies it as Residential 1-4 unit (class 2). Year built: 1951.

parceldata.nj

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540 Grove Avenue, Bound Brook Boro, NJ — owner, sales, deeds · parceldata

540 Grove Avenue

Bound Brook Boro, NJ 08805·Somerset County

1804·block 42·lot 1

$500,198estimated value

Last sale

$164,000

12/9/1999 · MOD-IV (Rutgers)

Property

Type

Residential 1-4 unit

Tax class

Residential 1-4 unit

Year built

1951

Building size

1,620 sq ft

Lot size

0.23 ac

Land description

99X100

Building description

1.5S-F;2GAR

Dwelling / commercial units

1 dw / 0 comm

Tax & Assessment

Net assessed value

$484,500

Land value

$239,400

Improvement value

$245,100

Last year's tax

$10,693

Last MOD-IV sale

$1,640

MOD-IV deed date

12/9/1999

Additional lots

Owner mailing address

540 Grove Avenue
Bound Brook Nj 08805

Estimated market value

$500,198

range $459,131 – $610,336

high confidence

Assessment-implied: $519,515; Director's Ratio 0.9326 (2025)
Comp-implied: $493,759; 30 comparable sales

Estimated value, last 10 years

2016: $214,954 → 2025: $500,198

Based on 30 comparable sales

Address	Sold	Price
520 Dalay Place	1/13/2026	$360,000
102 Franklin Street	1/8/2026	$560,000

Bordering

200-ft notice list →

529 Verona Place
Lot 11·$366,300

Block 42All of Block 42 →

Debug — raw data per source

Computed

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

MOD-IV

{
  "pams_pin": "1804_42_1",
  "county_code": "18",
  "district_code": "04",
  "block": "42",
  "lot": "1",
  "qualifier": "",
  "property_location": "540 Grove Avenue",
  "property_class": "2",
  "bldg_class": "17",
  "bldg_desc": "1.5S-F;2GAR",
  "land_desc": "99X100",
  "year_built": 1951,
  "living_sqft": 1620,
  "dwelling_units": 1,
  "comm_dwell": null,
  "land_value_cents": "23940000",
  "improvement_value_cents": "24510000",
  "net_value_cents": "48450000",
  "last_yr_tx_cents": "1069292",
  "deed_date": "1999-12-09",
  "deed_book": "02272",
  "deed_page": "00194",
  "sale_price_cents": "164000",
  "sales_code": "A",
  "owner_mailing_street": "540 Grove Avenue",
  "owner_mailing_city_state_zip": "Bound Brook Nj 08805",
  "mun_name": "BOUND BROOK BORO",
  "calc_acre": "0.227300",
  "add_lots1": "2",
  "add_lots2": null,
  "prop_use": null,
  "fac_name": null,
  "centroid_lon": -74.54960597396695,
  "centroid_lat": 40.565910590308896
}

SR1A

[
  {
    "id": "a7efe26a-e7c9-42bc-bbb7-cd6ab020a622",
    "property_id": "37349d7b-ef94-4b54-8abe-7e2b34fe4f1d",
    "county_code": "18",
    "district_code": "04",
    "block": "42",
    "lot": "1",
    "qualifier": "",
    "deed_book": "2272",
    "deed_page": "194",
    "deed_date": "1999-12-09",
    "date_recorded": "1999-12-09",
    "sale_price_cents": "16400000",
    "sr1a_year": null,
    "source": "modiv_rutgers"
  },
  {
    "id": "cfe7cb7d-d789-47c0-9667-f01b5e85cc49",
    "property_id": "37349d7b-ef94-4b54-8abe-7e2b34fe4f1d",
    "county_code": "18",
    "district_code": "04",
    "block": "42",
    "lot": "1",
    "qualifier": "",
    "deed_book": "02272",
    "deed_page": "00194",
    "deed_date": "1999-12-09",
    "date_recorded": "1999-12-09",
    "sale_price_cents": "164000",
    "sr1a_year": null,
    "source": "taxdatahub"
  }
]

API record·permalink

Frequently asked questions

When was 540 Grove Avenue, Bound Brook Boro, NJ last sold?: The most recent recorded sale was in 1999 for $164,000.
What is the assessed value of 540 Grove Avenue, Bound Brook Boro, NJ?: The total municipal assessment is $484,500 (land plus improvements).
What is 540 Grove Avenue, Bound Brook Boro, NJ worth?: Our model estimates a market value of $500,198, derived from comparable recorded sales nearby.
How many units does 540 Grove Avenue, Bound Brook Boro, NJ have?: Records show 1 dwelling unit at 540 Grove Avenue, Bound Brook Boro, NJ.
What kind of property is 540 Grove Avenue, Bound Brook Boro, NJ?: MOD-IV classifies it as Residential 1-4 unit (class 2). Year built: 1951.

Sales history

12/9/1999$164,000
MOD-IV (Rutgers)Bk 2272 / Pg 194
12/9/1999$1,640
TaxDataHubBk 02272 / Pg 00194

Date	Price	Book / Page	Source
12/9/1999	$164,000	2272 / 194	MOD-IV (Rutgers)
12/9/1999	$1,640	02272 / 00194	TaxDataHub