When was 745 Schoolhouse Lane, Bound Brook Boro, NJ last sold?

The most recent recorded sale was in 2003 for $315,000.

What is the assessed value of 745 Schoolhouse Lane, Bound Brook Boro, NJ?

The total municipal assessment is $502,000 (land plus improvements).

What is 745 Schoolhouse Lane, Bound Brook Boro, NJ worth?

Our model estimates a market value of $577,650, derived from comparable recorded sales nearby.

How many units does 745 Schoolhouse Lane, Bound Brook Boro, NJ have?

Records show 1 dwelling unit at 745 Schoolhouse Lane, Bound Brook Boro, NJ.

What kind of property is 745 Schoolhouse Lane, Bound Brook Boro, NJ?

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

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745 Schoolhouse Lane, Bound Brook Boro, NJ — owner, sales, deeds · parceldata

745 Schoolhouse Lane

Bound Brook Boro, NJ 08805·Somerset County

1804·block 98.06·lot 8

$577,650estimated value

Last sale

$315,000

9/15/2003 · MOD-IV (Rutgers)

Property

Type

Residential 1-4 unit

Tax class

Residential 1-4 unit

Year built

1958

Building size

2,176 sq ft

Lot size

0.58 ac

Land description

120X211

Building description

1SF2G

Dwelling / commercial units

1 dw / 0 comm

Tax & Assessment

Net assessed value

$502,000

Land value

$262,000

Improvement value

$240,000

Last year's tax

$11,079

Last MOD-IV sale

$3,150

MOD-IV deed date

9/15/2003

Owner mailing address

745 Schoolhouse Lane
Bound Brook Nj 08805

Estimated market value

$577,650

range $505,570 – $663,289

high confidence

Assessment-implied: $538,280; Director's Ratio 0.9326 (2025)
Comp-implied: $590,774; 18 comparable sales

Estimated value, last 10 years

2016: $248,238 → 2025: $577,650

Based on 18 comparable sales

Bordering

200-ft notice list →

826 East Meadow Drive
Lot 10·$496,400
749 Schoolhouse Lane
Lot 7·$500,800
822 East Meadow Drive
Lot 9·$524,500

Block 98.06All of Block 98.06 →

Debug — raw data per source

Computed

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

MOD-IV

{
  "pams_pin": "1804_98.06_8",
  "county_code": "18",
  "district_code": "04",
  "block": "98.06",
  "lot": "8",
  "qualifier": "",
  "property_location": "745 Schoolhouse Lane",
  "property_class": "2",
  "bldg_class": "17",
  "bldg_desc": "1SF2G",
  "land_desc": "120X211",
  "year_built": 1958,
  "living_sqft": 2176,
  "dwelling_units": 1,
  "comm_dwell": null,
  "land_value_cents": "26200000",
  "improvement_value_cents": "24000000",
  "net_value_cents": "50200000",
  "last_yr_tx_cents": "1107914",
  "deed_date": "2003-09-15",
  "deed_book": "05474",
  "deed_page": "01751",
  "sale_price_cents": "315000",
  "sales_code": "A",
  "owner_mailing_street": "745 Schoolhouse Lane",
  "owner_mailing_city_state_zip": "Bound Brook Nj 08805",
  "mun_name": "BOUND BROOK BORO",
  "calc_acre": "0.581300",
  "add_lots1": null,
  "add_lots2": null,
  "prop_use": null,
  "fac_name": null,
  "centroid_lon": -74.5339328170277,
  "centroid_lat": 40.575401807879814
}

SR1A

[
  {
    "id": "39ac57b1-ba5d-4771-88a2-374e2c38752d",
    "property_id": "d3c5e2d1-066b-4720-9e10-a64b599534b7",
    "county_code": "18",
    "district_code": "04",
    "block": "98.06",
    "lot": "8",
    "qualifier": "",
    "deed_book": "5474",
    "deed_page": "1751",
    "deed_date": "2003-09-15",
    "date_recorded": "2003-09-15",
    "sale_price_cents": "31500000",
    "sr1a_year": null,
    "source": "modiv_rutgers"
  },
  {
    "id": "edb432f5-a2a1-4028-ba67-575d78c8eb79",
    "property_id": "d3c5e2d1-066b-4720-9e10-a64b599534b7",
    "county_code": "18",
    "district_code": "04",
    "block": "98.06",
    "lot": "8",
    "qualifier": "",
    "deed_book": "05474",
    "deed_page": "01751",
    "deed_date": "2003-09-15",
    "date_recorded": "2003-09-15",
    "sale_price_cents": "315000",
    "sr1a_year": null,
    "source": "taxdatahub"
  },
  {
    "id": "9aa028b7-21c6-4109-a506-2e5423eaa73a",
    "property_id": "d3c5e2d1-066b-4720-9e10-a64b599534b7",
    "county_code": "18",
    "district_code": "04",
    "block": "98.06",
    "lot": "8",
    "qualifier": "",
    "deed_book": null,
    "deed_page": null,
    "deed_date": null,
    "date_recorded": "1993-02-18",
    "sale_price_cents": "20800000",
    "sr1a_year": null,
    "source": "taxdatahub"
  },
  {
    "id": "698278cd-e715-449a-ac0a-fe945245d6fd",
    "property_id": "d3c5e2d1-066b-4720-9e10-a64b599534b7",
    "county_code": "18",
    "district_code": "04",
    "block": "98.06",
    "lot": "8",
    "qualifier": "",
    "deed_book": "1899",
    "deed_page": "388",
    "deed_date": "1993-02-18",
    "date_recorded": "1993-02-18",
    "sale_price_cents": "20800000",
    "sr1a_year": null,
    "source": "modiv_rutgers"
  },
  {
    "id": "ba0e711b-c0cb-4a3c-8932-8d91dc258485",
    "property_id": "d3c5e2d1-066b-4720-9e10-a64b599534b7",
    "county_code": "18",
    "district_code": "04",
    "block": "98.06",
    "lot": "8",
    "qualifier": "",
    "deed_book": null,
    "deed_page": null,
    "deed_date": null,
    "date_recorded": "1987-08-21",
    "sale_price_cents": "24000000",
    "sr1a_year": null,
    "source": "taxdatahub"
  },
  {
    "id": "e82d1034-e8ec-457c-91f6-980dd5a01867",
    "property_id": "d3c5e2d1-066b-4720-9e10-a64b599534b7",
    "county_code": "18",
    "district_code": "04",
    "block": "98.06",
    "lot": "8",
    "qualifier": "",
    "deed_book": "1649",
    "deed_page": "288",
    "deed_date": "1987-08-21",
    "date_recorded": "1987-08-21",
    "sale_price_cents": "24000000",
    "sr1a_year": null,
    "source": "modiv_rutgers"
  }
]

API record·permalink

Frequently asked questions

When was 745 Schoolhouse Lane, Bound Brook Boro, NJ last sold?: The most recent recorded sale was in 2003 for $315,000.
What is the assessed value of 745 Schoolhouse Lane, Bound Brook Boro, NJ?: The total municipal assessment is $502,000 (land plus improvements).
What is 745 Schoolhouse Lane, Bound Brook Boro, NJ worth?: Our model estimates a market value of $577,650, derived from comparable recorded sales nearby.
How many units does 745 Schoolhouse Lane, Bound Brook Boro, NJ have?: Records show 1 dwelling unit at 745 Schoolhouse Lane, Bound Brook Boro, NJ.
What kind of property is 745 Schoolhouse Lane, Bound Brook Boro, NJ?: MOD-IV classifies it as Residential 1-4 unit (class 2). Year built: 1958.

Address	Sold	Price
125 Linden Avenue	9/8/2025	$475,000
428 Helfin Street	12/30/2024	$607,000
522 Central Avenue	12/10/2024	$640,000
643 Central Avenue	11/12/2024	$600,000
749 Schoolhouse Lane	10/24/2024	$249,000
666 North Meadow Drive	7/26/2024	$581,000
818 East Meadow Drive	7/17/2024	$695,000
622 Encampment Drive	6/20/2024	$688,000
286 South Metape Circle	6/11/2024	$591,000
671 North Meadow Drive	3/28/2024	$541,000
427 Grove Avenue	1/11/2024	$495,000
547 Church Street	12/18/2023	$480,000
535 Church Street	11/6/2023	$490,000
633 Watchung Road	10/10/2023	$570,000
428 Helfin Street	10/5/2023	$550,000
921 West Meadow Drive	9/22/2023	$340,000
837 East Meadow Drive	8/4/2023	$580,000
630 Thompson Avenue	6/27/2023	$334,000

Sales history

9/15/2003$315,000
MOD-IV (Rutgers)Bk 5474 / Pg 1751
9/15/2003$3,150
TaxDataHubBk 05474 / Pg 01751
2/18/1993$208,000
TaxDataHub
2/18/1993$208,000
MOD-IV (Rutgers)Bk 1899 / Pg 388
8/21/1987$240,000
TaxDataHub
8/21/1987$240,000
MOD-IV (Rutgers)Bk 1649 / Pg 288

Date	Price	Book / Page	Source
9/15/2003	$315,000	5474 / 1751	MOD-IV (Rutgers)
9/15/2003	$3,150	05474 / 01751	TaxDataHub
2/18/1993	$208,000	—	TaxDataHub
2/18/1993	$208,000	1899 / 388	MOD-IV (Rutgers)
8/21/1987	$240,000	—	TaxDataHub
8/21/1987	$240,000	1649 / 288	MOD-IV (Rutgers)