What is the assessed value of 318 Codrington Place, Bound Brook Boro, NJ?

The total municipal assessment is $435,200 (land plus improvements).

What is 318 Codrington Place, Bound Brook Boro, NJ worth?

Our model estimates a market value of $485,094, derived from comparable recorded sales nearby.

How many units does 318 Codrington Place, Bound Brook Boro, NJ have?

Records show 1 dwelling unit at 318 Codrington Place, Bound Brook Boro, NJ.

What kind of property is 318 Codrington Place, Bound Brook Boro, NJ?

MOD-IV classifies it as Residential 1-4 unit (class 2). Year built: 1958.

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318 Codrington Place, Bound Brook Boro, NJ — owner, sales, deeds · parceldata

318 Codrington Place

Bound Brook Boro, NJ 08805·Somerset County

1804·block 46·lot 6

$485,094estimated value

Last sale

11/14/2002 · MOD-IV (Rutgers)

Property

Type

Residential 1-4 unit

Tax class

Residential 1-4 unit

Year built

1958

Building size

1,346 sq ft

Lot size

0.11 ac

Land description

50X100

Building description

1S-F

Dwelling / commercial units

1 dw / 0 comm

Tax & Assessment

Net assessed value

$435,200

Land value

$241,000

Improvement value

$194,200

Last year's tax

$9,605

Last MOD-IV sale

MOD-IV deed date

11/14/2002

Owner mailing address

318 Codrington Place
Bound Brook Nj 08805

Estimated market value

$485,094

range $414,632 – $554,788

high confidence

Assessment-implied: $466,652; Director's Ratio 0.9326 (2025)
Comp-implied: $491,241; 30 comparable sales

Estimated value, last 10 years

2016: $208,463 → 2025: $485,094

Based on 30 comparable sales

Address	Sold	Price
722 Lawrence Road	12/2/2025	$607,000
318 West Maple Avenue	10/27/2025	$465,000

Bordering

200-ft notice list →

320 Codrington Place
Lot 5·$399,300
312 Codrington Place
Lot 7.01·$459,800
319 Evergreen Avenue
Lot 9.01·$355,400
321 Evergreen Avenue
Lot 9.02·$429,100

Block 46All of Block 46 →

Debug — raw data per source

Computed

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

MOD-IV

{
  "pams_pin": "1804_46_6",
  "county_code": "18",
  "district_code": "04",
  "block": "46",
  "lot": "6",
  "qualifier": "",
  "property_location": "318 Codrington Place",
  "property_class": "2",
  "bldg_class": "17",
  "bldg_desc": "1S-F",
  "land_desc": "50X100",
  "year_built": 1958,
  "living_sqft": 1346,
  "dwelling_units": 1,
  "comm_dwell": null,
  "land_value_cents": "24100000",
  "improvement_value_cents": "19420000",
  "net_value_cents": "43520000",
  "last_yr_tx_cents": "960486",
  "deed_date": "2002-11-14",
  "deed_book": "05252",
  "deed_page": "02137",
  "sale_price_cents": "0",
  "sales_code": "A",
  "owner_mailing_street": "318 Codrington Place",
  "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": -74.54437699711474,
  "centroid_lat": 40.5653573452429
}

SR1A

[
  {
    "id": "ed465724-a66e-43b7-a461-2bc76f0af8bd",
    "property_id": "e1c788d3-6d1c-4c70-a150-c9195ef9c17a",
    "county_code": "18",
    "district_code": "04",
    "block": "46",
    "lot": "6",
    "qualifier": "",
    "deed_book": "5252",
    "deed_page": "2137",
    "deed_date": "2002-11-14",
    "date_recorded": "2002-11-14",
    "sale_price_cents": "0",
    "sr1a_year": null,
    "source": "modiv_rutgers"
  },
  {
    "id": "3daed5f4-9227-4592-877f-745f95e37f07",
    "property_id": "e1c788d3-6d1c-4c70-a150-c9195ef9c17a",
    "county_code": "18",
    "district_code": "04",
    "block": "46",
    "lot": "6",
    "qualifier": "",
    "deed_book": "05252",
    "deed_page": "02137",
    "deed_date": "2002-11-14",
    "date_recorded": "2002-11-14",
    "sale_price_cents": "0",
    "sr1a_year": null,
    "source": "taxdatahub"
  }
]

API record·permalink

Frequently asked questions

What is the assessed value of 318 Codrington Place, Bound Brook Boro, NJ?: The total municipal assessment is $435,200 (land plus improvements).
What is 318 Codrington Place, Bound Brook Boro, NJ worth?: Our model estimates a market value of $485,094, derived from comparable recorded sales nearby.
How many units does 318 Codrington Place, Bound Brook Boro, NJ have?: Records show 1 dwelling unit at 318 Codrington Place, Bound Brook Boro, NJ.
What kind of property is 318 Codrington Place, Bound Brook Boro, NJ?: MOD-IV classifies it as Residential 1-4 unit (class 2). Year built: 1958.

Date	Price	Book / Page	Source
11/14/2002	$0	5252 / 2137	MOD-IV (Rutgers)
11/14/2002	$0	05252 / 02137	TaxDataHub