When was 516 Grove Avenue, Bound Brook Boro, NJ last sold?

The most recent recorded sale was in 2006 for $298,000.

What is the assessed value of 516 Grove Avenue, Bound Brook Boro, NJ?

The total municipal assessment is $424,700 (land plus improvements).

What is 516 Grove Avenue, Bound Brook Boro, NJ worth?

Our model estimates a market value of $493,775, derived from comparable recorded sales nearby.

How many units does 516 Grove Avenue, Bound Brook Boro, NJ have?

Records show 1 dwelling unit at 516 Grove Avenue, Bound Brook Boro, NJ.

What kind of property is 516 Grove Avenue, Bound Brook Boro, NJ?

MOD-IV classifies it as Residential 1-4 unit (class 2). Year built: 1952.

parceldata.nj

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

516 Grove Avenue

Bound Brook Boro, NJ 08805·Somerset County

1804·block 42·lot 6.01

$493,775estimated value

Last sale

$298,000

5/17/2006 · MOD-IV (Rutgers)

Property

Type

Residential 1-4 unit

Tax class

Residential 1-4 unit

Year built

1952

Building size

1,438 sq ft

Lot size

0.11 ac

Land description

50X100

Building description

1.5S-F

Dwelling / commercial units

1 dw / 0 comm

Tax & Assessment

Net assessed value

$424,700

Land value

$241,000

Improvement value

$183,700

Last year's tax

$9,373

Last MOD-IV sale

$2,980

MOD-IV deed date

5/17/2006

Owner mailing address

516 Grove Avenue
Bound Brook Nj 08805

Estimated market value

$493,775

range $420,753 – $561,327

high confidence

Assessment-implied: $455,394; Director's Ratio 0.9326 (2025)
Comp-implied: $506,568; 30 comparable sales

Estimated value, last 10 years

2016: $212,194 → 2025: $493,775

Based on 30 comparable sales

Address	Sold	Price
102 Franklin Street

Bordering

200-ft notice list →

505 Verona Place
Lot 10.02·$501,200
520 Grove Avenue
Lot 6·$434,900
512 Grove Avenue
Lot 7·$410,100
231 Thompson Avenue
Lot 7.01·$396,100
229 Thompson Avenue
Lot 8·$423,100

Block 42All of Block 42 →

Debug — raw data per source

Computed

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

MOD-IV

{
  "pams_pin": "1804_42_6.01",
  "county_code": "18",
  "district_code": "04",
  "block": "42",
  "lot": "6.01",
  "qualifier": "",
  "property_location": "516 Grove Avenue",
  "property_class": "2",
  "bldg_class": "17",
  "bldg_desc": "1.5S-F",
  "land_desc": "50X100",
  "year_built": 1952,
  "living_sqft": 1438,
  "dwelling_units": 1,
  "comm_dwell": null,
  "land_value_cents": "24100000",
  "improvement_value_cents": "18370000",
  "net_value_cents": "42470000",
  "last_yr_tx_cents": "937313",
  "deed_date": "2006-05-17",
  "deed_book": "05896",
  "deed_page": "00916",
  "sale_price_cents": "298000",
  "sales_code": "A",
  "owner_mailing_street": "516 Grove Avenue",
  "owner_mailing_city_state_zip": "Bound Brook Nj 08805",
  "mun_name": "BOUND BROOK BORO",
  "calc_acre": "0.114800",
  "add_lots1": null,
  "add_lots2": null,
  "prop_use": null,
  "fac_name": null,
  "centroid_lon": -74.54836443220398,
  "centroid_lat": 40.56600999845168
}

SR1A

[
  {
    "id": "9973fa99-6912-4190-9889-f6afa809386c",
    "property_id": "0e38609b-0664-49c9-9f01-88334981782f",
    "county_code": "18",
    "district_code": "04",
    "block": "42",
    "lot": "6.01",
    "qualifier": "",
    "deed_book": "5896",
    "deed_page": "916",
    "deed_date": "2006-05-17",
    "date_recorded": "2006-05-17",
    "sale_price_cents": "29800000",
    "sr1a_year": null,
    "source": "modiv_rutgers"
  },
  {
    "id": "59f97e12-2d58-48f3-9cc7-100f20000fd3",
    "property_id": "0e38609b-0664-49c9-9f01-88334981782f",
    "county_code": "18",
    "district_code": "04",
    "block": "42",
    "lot": "6.01",
    "qualifier": "",
    "deed_book": "05896",
    "deed_page": "00916",
    "deed_date": "2006-05-17",
    "date_recorded": "2006-05-17",
    "sale_price_cents": "298000",
    "sr1a_year": null,
    "source": "taxdatahub"
  },
  {
    "id": "4c3967d5-1a30-4066-8356-3edce3292779",
    "property_id": "0e38609b-0664-49c9-9f01-88334981782f",
    "county_code": "18",
    "district_code": "04",
    "block": "42",
    "lot": "6.01",
    "qualifier": "",
    "deed_book": null,
    "deed_page": null,
    "deed_date": null,
    "date_recorded": "1997-01-15",
    "sale_price_cents": "11600000",
    "sr1a_year": null,
    "source": "taxdatahub"
  },
  {
    "id": "07d415fb-7b3d-4c86-a010-7c6de93552d3",
    "property_id": "0e38609b-0664-49c9-9f01-88334981782f",
    "county_code": "18",
    "district_code": "04",
    "block": "42",
    "lot": "6.01",
    "qualifier": "",
    "deed_book": "2096",
    "deed_page": "566",
    "deed_date": "1997-01-15",
    "date_recorded": "1997-01-15",
    "sale_price_cents": "11600000",
    "sr1a_year": null,
    "source": "modiv_rutgers"
  }
]

API record·permalink

Frequently asked questions

When was 516 Grove Avenue, Bound Brook Boro, NJ last sold?: The most recent recorded sale was in 2006 for $298,000.
What is the assessed value of 516 Grove Avenue, Bound Brook Boro, NJ?: The total municipal assessment is $424,700 (land plus improvements).
What is 516 Grove Avenue, Bound Brook Boro, NJ worth?: Our model estimates a market value of $493,775, derived from comparable recorded sales nearby.
How many units does 516 Grove Avenue, Bound Brook Boro, NJ have?: Records show 1 dwelling unit at 516 Grove Avenue, Bound Brook Boro, NJ.
What kind of property is 516 Grove Avenue, Bound Brook Boro, NJ?: MOD-IV classifies it as Residential 1-4 unit (class 2). Year built: 1952.

Sales history

5/17/2006$298,000
MOD-IV (Rutgers)Bk 5896 / Pg 916
5/17/2006$2,980
TaxDataHubBk 05896 / Pg 00916
1/15/1997$116,000
TaxDataHub
1/15/1997$116,000
MOD-IV (Rutgers)Bk 2096 / Pg 566

Date	Price	Book / Page	Source
5/17/2006	$298,000	5896 / 916	MOD-IV (Rutgers)
5/17/2006	$2,980	05896 / 00916	TaxDataHub
1/15/1997	$116,000	—	TaxDataHub
1/15/1997	$116,000	2096 / 566	MOD-IV (Rutgers)