What is the assessed value of 257 Franklin Street, Bound Brook Boro, NJ?

The total municipal assessment is $467,200 (land plus improvements).

What is 257 Franklin Street, Bound Brook Boro, NJ worth?

Our model estimates a market value of $451,095, derived from comparable recorded sales nearby.

How many units does 257 Franklin Street, Bound Brook Boro, NJ have?

Records show 1 dwelling unit at 257 Franklin Street, Bound Brook Boro, NJ.

What kind of property is 257 Franklin Street, Bound Brook Boro, NJ?

MOD-IV classifies it as Residential 1-4 unit (class 2). Year built: 1916.

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257 Franklin Street, Bound Brook Boro, NJ — owner, sales, deeds · parceldata

257 Franklin Street

Bound Brook Boro, NJ·Somerset County

1804·block 62·lot 29

$451,095estimated value

Last sale

—

1/10/2024 · SR1A 2024

Property

Type

Residential 1-4 unit

Tax class

Residential 1-4 unit

Year built

1916

Building size

1,291 sq ft

Lot size

0.16 ac

Land description

49X145

Building description

2SF3G

Dwelling / commercial units

1 dw / 0 comm

Tax & Assessment

Net assessed value

$467,200

Land value

$231,000

Improvement value

$236,200

Last year's tax

$10,311

Last MOD-IV sale

MOD-IV deed date

12/30/2023

Owner mailing address

257 W Franklin St
Bound Brook, Nj 08805

Estimated market value

$451,095

range $384,366 – $511,385

high confidence

Assessment-implied: $500,965; Director's Ratio 0.9326 (2025)
Comp-implied: $434,471; 30 comparable sales

Estimated value, last 10 years

2016: $193,853 → 2025: $451,095

dots are actual sale prices for this property

Bordering

200-ft notice list →

253 Franklin Street
Lot 28·$468,400
259 Franklin Street
Lot 31·$376,900
348 Vosseller Avenue
Lot 35·$371,700

Block 62All of Block 62 →

Debug — raw data per source

Computed

{
  "isCondoMaster": false,
  "condoCluster": null,
  "siblingUnitCount": 0,
  "portfolioCount": 0,
  "portfolioKeys": {
    "fullKeys": [
      "257 W FRANKLIN ST BOUND BROOK NJ 08805"
    ],
    "zipKeys": [
      "257 W FRANKLIN ST 08805"
    ]
  },
  "effective_unit_count": 1,
  "effective_unit_count_source": "MOD-IV"
}

MOD-IV

{
  "pams_pin": "1804_62_29",
  "county_code": "18",
  "district_code": "04",
  "block": "62",
  "lot": "29",
  "qualifier": "",
  "property_location": "257 Franklin Street",
  "property_class": "2",
  "bldg_class": "17",
  "bldg_desc": "2SF3G",
  "land_desc": "49X145",
  "year_built": 1916,
  "living_sqft": 1291,
  "dwelling_units": 1,
  "comm_dwell": null,
  "land_value_cents": "23100000",
  "improvement_value_cents": "23620000",
  "net_value_cents": "46720000",
  "last_yr_tx_cents": "1031110",
  "deed_date": "2023-12-30",
  "deed_book": "07540",
  "deed_page": "02521",
  "sale_price_cents": "0",
  "sales_code": "A",
  "owner_mailing_street": "257 W Franklin St",
  "owner_mailing_city_state_zip": "Bound Brook, Nj 08805",
  "mun_name": "BOUND BROOK BORO",
  "calc_acre": "0.163100",
  "add_lots1": null,
  "add_lots2": null,
  "prop_use": "000",
  "fac_name": null,
  "centroid_lon": -74.54187295119704,
  "centroid_lat": 40.56595061997674
}

SR1A

[
  {
    "id": "e18402c3-6daa-4572-8c62-008172c3a3b4",
    "property_id": null,
    "county_code": "18",
    "district_code": "04",
    "block": "62",
    "lot": "29",
    "qualifier": "",
    "deed_book": null,
    "deed_page": null,
    "deed_date": "2023-12-30",
    "date_recorded": "2024-01-10",
    "sale_price_cents": null,
    "sr1a_year": 2024,
    "source": "sr1a"
  },
  {
    "id": "db52e2fe-57c2-4782-9d95-123d78c376c8",
    "property_id": "48c0d9cc-670f-46ec-b150-9f21f2de3200",
    "county_code": "18",
    "district_code": "04",
    "block": "62",
    "lot": "29",
    "qualifier": "",
    "deed_book": "7540",
    "deed_page": "2521",
    "deed_date": "2023-12-30",
    "date_recorded": "2023-12-30",
    "sale_price_cents": "0",
    "sr1a_year": null,
    "source": "modiv_rutgers"
  },
  {
    "id": "c8393f40-4ab8-4789-9786-51fb227ec7ca",
    "property_id": "48c0d9cc-670f-46ec-b150-9f21f2de3200",
    "county_code": "18",
    "district_code": "04",
    "block": "62",
    "lot": "29",
    "qualifier": "",
    "deed_book": "07540",
    "deed_page": "02521",
    "deed_date": "2023-12-30",
    "date_recorded": "2023-12-30",
    "sale_price_cents": "0",
    "sr1a_year": null,
    "source": "taxdatahub"
  },
  {
    "id": "e63f6ca5-93b1-4d2d-b0e3-f85dc8d5921c",
    "property_id": "48c0d9cc-670f-46ec-b150-9f21f2de3200",
    "county_code": "18",
    "district_code": "04",
    "block": "62",
    "lot": "29",
    "qualifier": "",
    "deed_book": "6987",
    "deed_page": "273",
    "deed_date": "2017-08-25",
    "date_recorded": "2017-08-25",
    "sale_price_cents": "27000000",
    "sr1a_year": null,
    "source": "modiv_rutgers"
  },
  {
    "id": "f95b578b-3d88-4a5e-9adb-1c55e9f400cc",
    "property_id": "48c0d9cc-670f-46ec-b150-9f21f2de3200",
    "county_code": "18",
    "district_code": "04",
    "block": "62",
    "lot": "29",
    "qualifier": "",
    "deed_book": null,
    "deed_page": null,
    "deed_date": null,
    "date_recorded": "2017-08-25",
    "sale_price_cents": "27000000",
    "sr1a_year": null,
    "source": "taxdatahub"
  },
  {
    "id": "a4d697f7-a869-4e50-9653-0c8f681fd375",
    "property_id": "48c0d9cc-670f-46ec-b150-9f21f2de3200",
    "county_code": "18",
    "district_code": "04",
    "block": "62",
    "lot": "29",
    "qualifier": "",
    "deed_book": null,
    "deed_page": null,
    "deed_date": null,
    "date_recorded": "2016-05-25",
    "sale_price_cents": "13000000",
    "sr1a_year": null,
    "source": "taxdatahub"
  },
  {
    "id": "8aaa00e1-eca2-40a6-8e88-0ec3ca3a22fa",
    "property_id": "48c0d9cc-670f-46ec-b150-9f21f2de3200",
    "county_code": "18",
    "district_code": "04",
    "block": "62",
    "lot": "29",
    "qualifier": "",
    "deed_book": "6876",
    "deed_page": "2216",
    "deed_date": "2016-05-25",
    "date_recorded": "2016-05-25",
    "sale_price_cents": "13000000",
    "sr1a_year": null,
    "source": "modiv_rutgers"
  },
  {
    "id": "2601f0df-e436-4512-907c-6d30058cf467",
    "property_id": "48c0d9cc-670f-46ec-b150-9f21f2de3200",
    "county_code": "18",
    "district_code": "04",
    "block": "62",
    "lot": "29",
    "qualifier": "",
    "deed_book": "6734",
    "deed_page": "416",
    "deed_date": "2014-08-02",
    "date_recorded": "2014-08-02",
    "sale_price_cents": "20850000",
    "sr1a_year": null,
    "source": "modiv_rutgers"
  },
  {
    "id": "ec508d5e-9729-430f-93fe-b3f221804dae",
    "property_id": "48c0d9cc-670f-46ec-b150-9f21f2de3200",
    "county_code": "18",
    "district_code": "04",
    "block": "62",
    "lot": "29",
    "qualifier": "",
    "deed_book": null,
    "deed_page": null,
    "deed_date": null,
    "date_recorded": "2014-08-02",
    "sale_price_cents": "20850000",
    "sr1a_year": null,
    "source": "taxdatahub"
  }
]

API record·permalink

Frequently asked questions

What is the assessed value of 257 Franklin Street, Bound Brook Boro, NJ?: The total municipal assessment is $467,200 (land plus improvements).
What is 257 Franklin Street, Bound Brook Boro, NJ worth?: Our model estimates a market value of $451,095, derived from comparable recorded sales nearby.
How many units does 257 Franklin Street, Bound Brook Boro, NJ have?: Records show 1 dwelling unit at 257 Franklin Street, Bound Brook Boro, NJ.
What kind of property is 257 Franklin Street, Bound Brook Boro, NJ?: MOD-IV classifies it as Residential 1-4 unit (class 2). Year built: 1916.

Based on 30 comparable sales

Address	Sold	Price
102 Franklin Street	1/8/2026	$560,000
807 Mountain Avenue	12/9/2025	$350,000
354 West Second Street	10/8/2025	$610,000
349 Vosseller Avenue	10/6/2025	$198,347
215 John Street	9/17/2025	$455,000
312 Longwood Avenue	8/21/2025	$422,499
526 Vosseller Avenue	8/13/2025	$285,000
244 Chestnut Street	7/31/2025	$475,000
630 Winsor Street	7/30/2025	$510,000
417 East Union Avenue	7/8/2025	$499,000
539 Winsor Street	6/17/2025	$550,000
168 Linden Avenue	6/6/2025	$450,000
236 West Maple Avenue	6/2/2025	$460,000
342 Longwood Avenue	4/9/2025	$420,000
211 West Second Street	3/14/2025	$525,000
254 West High Street	3/11/2025	$480,000
106 Franklin Street	3/4/2025	$430,000
654 Crescent Drive	1/21/2025	$285,000
342 West Maple Avenue	11/5/2024	$385,000
207 West Second Street	9/13/2024	$545,000
215 John Street	9/13/2024	$215,000
206 West Main Street	8/16/2024	$240,000
439 William Street	8/13/2024	$410,000
33 Van Keuren Avenue	7/29/2024	$430,000
341 West Maple Avenue	6/27/2024	$430,000
519 East Second Street	6/10/2024	$380,000
416 Wheatland Avenue	2/26/2024	$380,000
306 West Maple Avenue	1/5/2024	$425,000
13 North Street	12/1/2023	$360,000
375 West High Street	10/31/2023	$499,000

Sales history

1/10/2024—
SR1A 2024
12/30/2023$0
MOD-IV (Rutgers)Bk 7540 / Pg 2521
12/30/2023$0
TaxDataHubBk 07540 / Pg 02521
8/25/2017$270,000
MOD-IV (Rutgers)Bk 6987 / Pg 273
8/25/2017$270,000
TaxDataHub
5/25/2016$130,000
TaxDataHub
5/25/2016$130,000
MOD-IV (Rutgers)Bk 6876 / Pg 2216
8/2/2014$208,500
MOD-IV (Rutgers)Bk 6734 / Pg 416
8/2/2014$208,500
TaxDataHub

Date	Price	Book / Page	Source
1/10/2024	—	—	SR1A 2024
12/30/2023	$0	7540 / 2521	MOD-IV (Rutgers)
12/30/2023	$0	07540 / 02521	TaxDataHub
8/25/2017	$270,000	6987 / 273	MOD-IV (Rutgers)
8/25/2017	$270,000	—	TaxDataHub
5/25/2016	$130,000	—	TaxDataHub
5/25/2016	$130,000	6876 / 2216	MOD-IV (Rutgers)
8/2/2014	$208,500	6734 / 416	MOD-IV (Rutgers)
8/2/2014	$208,500	—	TaxDataHub