What is the assessed value of 59 Franklin Street, Bound Brook Boro, NJ?

The total municipal assessment is $402,300 (land plus improvements).

What is 59 Franklin Street, Bound Brook Boro, NJ worth?

Our model estimates a market value of $489,714, derived from comparable recorded sales nearby.

How many units does 59 Franklin Street, Bound Brook Boro, NJ have?

Records show 1 dwelling unit at 59 Franklin Street, Bound Brook Boro, NJ.

What kind of property is 59 Franklin Street, Bound Brook Boro, NJ?

MOD-IV classifies it as Residential 1-4 unit (class 2). Year built: 1948.

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

59 Franklin Street

Bound Brook Boro, NJ·Somerset County

1804·block 64·lot 29

$489,714estimated value

Last sale

—

9/21/2020 · SR1A 2021

Property

Type

Residential 1-4 unit

Tax class

Residential 1-4 unit

Year built

1948

Building size

1,342 sq ft

Lot size

0.18 ac

Land description

67X120

Building description

LIFE ESTATE

Dwelling / commercial units

1 dw / 0 comm

Tax & Assessment

Net assessed value

$402,300

Land value

$233,000

Improvement value

$169,300

Last year's tax

$8,629

Last MOD-IV sale

MOD-IV deed date

9/9/2020

Owner mailing address

59 Franklin St
Bound Brook, Nj 08805

Estimated market value

$489,714

range $406,198 – $525,688

high confidence

Assessment-implied: $431,375; Director's Ratio 0.9326 (2025)
Comp-implied: $509,160; 30 comparable sales

Estimated value, last 10 years

2016: $210,449 → 2025: $489,714

Based on 30 comparable sales

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

Bordering

200-ft notice list →

53 Franklin Street
Lot 28·$552,400
312 Winsor Street
Lot 30·$432,500

Block 64All of Block 64 →

Debug — raw data per source

Computed

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

MOD-IV

{
  "pams_pin": "1804_64_29",
  "county_code": "18",
  "district_code": "04",
  "block": "64",
  "lot": "29",
  "qualifier": "",
  "property_location": "59 Franklin Street",
  "property_class": "2",
  "bldg_class": "17",
  "bldg_desc": "LIFE ESTATE",
  "land_desc": "67X120",
  "year_built": 1948,
  "living_sqft": 1342,
  "dwelling_units": 1,
  "comm_dwell": null,
  "land_value_cents": "23300000",
  "improvement_value_cents": "16930000",
  "net_value_cents": "40230000",
  "last_yr_tx_cents": "862876",
  "deed_date": "2020-09-09",
  "deed_book": "07251",
  "deed_page": "01110",
  "sale_price_cents": "0",
  "sales_code": "A",
  "owner_mailing_street": "59 Franklin St",
  "owner_mailing_city_state_zip": "Bound Brook, Nj 08805",
  "mun_name": "BOUND BROOK BORO",
  "calc_acre": "0.184600",
  "add_lots1": null,
  "add_lots2": null,
  "prop_use": null,
  "fac_name": null,
  "centroid_lon": -74.53634029795897,
  "centroid_lat": 40.565936956823236
}

SR1A

[
  {
    "id": "3bdccc93-2d3e-49fa-9e68-46ba2d1afe13",
    "property_id": null,
    "county_code": "18",
    "district_code": "04",
    "block": "64",
    "lot": "29",
    "qualifier": "",
    "deed_book": null,
    "deed_page": null,
    "deed_date": "2020-09-09",
    "date_recorded": "2020-09-21",
    "sale_price_cents": null,
    "sr1a_year": 2021,
    "source": "sr1a"
  },
  {
    "id": "47778107-eafe-412a-b9e4-0350084e806e",
    "property_id": "cb2d8249-f4d0-4019-a6ba-d51d49378048",
    "county_code": "18",
    "district_code": "04",
    "block": "64",
    "lot": "29",
    "qualifier": "",
    "deed_book": "7251",
    "deed_page": "1110",
    "deed_date": "2020-09-09",
    "date_recorded": "2020-09-09",
    "sale_price_cents": "0",
    "sr1a_year": null,
    "source": "modiv_rutgers"
  },
  {
    "id": "b6394bfe-c04a-46b4-bd08-f0db9bffbf4d",
    "property_id": "cb2d8249-f4d0-4019-a6ba-d51d49378048",
    "county_code": "18",
    "district_code": "04",
    "block": "64",
    "lot": "29",
    "qualifier": "",
    "deed_book": "07251",
    "deed_page": "01110",
    "deed_date": "2020-09-09",
    "date_recorded": "2020-09-09",
    "sale_price_cents": "0",
    "sr1a_year": null,
    "source": "taxdatahub"
  }
]

API record·permalink

Frequently asked questions

What is the assessed value of 59 Franklin Street, Bound Brook Boro, NJ?: The total municipal assessment is $402,300 (land plus improvements).
What is 59 Franklin Street, Bound Brook Boro, NJ worth?: Our model estimates a market value of $489,714, derived from comparable recorded sales nearby.
How many units does 59 Franklin Street, Bound Brook Boro, NJ have?: Records show 1 dwelling unit at 59 Franklin Street, Bound Brook Boro, NJ.
What kind of property is 59 Franklin Street, Bound Brook Boro, NJ?: MOD-IV classifies it as Residential 1-4 unit (class 2). Year built: 1948.

Sales history

9/21/2020—
SR1A 2021
9/9/2020$0
MOD-IV (Rutgers)Bk 7251 / Pg 1110
9/9/2020$0
TaxDataHubBk 07251 / Pg 01110

Date	Price	Book / Page	Source
9/21/2020	—	—	SR1A 2021
9/9/2020	$0	7251 / 1110	MOD-IV (Rutgers)
9/9/2020	$0	07251 / 01110	TaxDataHub