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623 Mountain Avenue

623 Mountain Avenue, Bound Brook, NJ 08805
Property in Somerset
Sold Mar 02, 2021
$480,000
$456,000 by Jpmorgan Chase Bank Na
Mortgage Due Mar 01, 2051
Sold Aug 05, 2015
$380,000
$361,000 by United Wholesale Mortgage
Mortgage Due Aug 01, 2045
623 Mountain Avenue has been categorized by the local assessors in Bound Brook, NJ as a residential type of property. The building on the property was first built in 1937 and is 87 years old. The building has a total of 2 stories. In addition, 623 Mountain Avenue has 2,304 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The linear feet between the front and back of the lot is 1,340 ft and across the front of the lot is 1,000 ft. The area measurement of the land has been determined as 13,400 square feet.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. For the features and amenities located on the property. There is a garage for those who require parking. According to our sources, there are a total of 2 available parking spaces. Along the lines of building condition, did you know that weather changes can cause buildings to move? It may sound alarming, but thats why the type of control joints used in the construction of your home is extremely important. Architects often have to plan these out well in advance to ensure the longevity of the building. Therefore, as part of your consideration, you should note that the home was built with frame control joints. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Based on our sources, 623 Mountain Avenue was last sold in Feb 24, 2021 for $480,000. According to our calculations, that's $208.33 per sqft. Prior to that sales transaction, the property was sold for $380,000 in Jul 29, 2015. Current property owners are expected to pay $12,413 in taxes per year. The property on 623 Mountain Avenue was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $526,400. To break that down further, the land itself was valued at $165,800. While improvements to the property were assessed at a total of $360,600. Based on our records, the total assessed value for this property has been marked as more than the total market value as of this moment. Which is pretty atypical. Are you already in the process of closing on a property and have signed a purchase agreement? You may want to consider locking in your current mortgage rate if interest rates have been rising or seem volatile. This is what's known in the market as a mortgage rate lock (aka rate protection). However, be sure to evaluate your situation carefully before you do so. There may be certain costs associated with taking this action and you'll want to time the start of your perfectly!This property is not listed for sale at this point in time but RealtyHop is constantly updating our inventory of available sales listings in real time. Don't want to miss out on this property? You can save the listing to your favorites by signing up for a RealtyHop account or you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1937
  • Effective Year Built: 1937
  • Bedroom Count: 0
  • Construction Type: Frame
  • Floor Count: 2
  • Living Units: 1
  • Basement Area: 0
  • Garage Type: Garage
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 13,400
  • Lot Size Depth Feet: 1,340
  • Lot Size Frontage Feet: 1,000
  • Total Building Area: 2,304
  • Building Area: 2,304
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 2,304
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Land Acres: 0.308
  • Standard Land Use Code: Single family residential
  • Legal Description 1: FACILITY NAME: 100% DIS. VET

Ownership

  • Current Owner : STEPHENSON WILLIAM ANDREW
  • Current Owner 2: STEPHENSON LYSSANDRA JOY
  • Previous Owner : HOWARD BRUCE C
  • Previous Owner 2: HOWARD KATHRYN R
  • Owner Before Previous Owner: ALERASSOOL BABAK MICHAEL PETER
  • Owner Before Previous Owner 2: ALERASSOOL DAWN RENEE
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Husband and wife

Neighborhood

  • School District Name: Bound Brook Borough School District
  • Census Tract: 051300

Zoning

  • Zoning: R2

Geography

  • District: 04
  • Parcel: 04 00094-0000-00005
  • Block: 94
  • Lot: 5
  • Municipality: BOUND BROOK BORO
  • Latitude: 40.572
  • Longitude: -74.5288

    Address

  • Full Address: 623 Mountain Ave
  • Address - House Number: 623
  • Address - Street Name: Mountain
  • Address - Suffix Type: Ave
  • State: NJ
  • City Name: Bound Brook
  • Carrier Code: C002
  • 4-Digit Zip Code: 1719
  • Zip Code: 08805

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $12,413

    Appraisal Valuation

  • Standard Deviation: 0.1576
  • Valuation Date: Feb 14, 2024
  • Confidence Score: 80
  • Final Value: 613,869
  • High Value: 710,641
  • Low Value: 517,098

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $456,000
  • First Open Lien Mortgage Lender: JPMORGAN CHASE BANK NA
  • First Open Lien Mortgage Recording Date: Mar 02, 2021
  • First Open Lien Mortgage Loan Amount: $456,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Mar 01, 2051

    Market Valuation

  • Market Total Value: $505,280
  • Market Land Value: $159,148
  • Market Improvement Value: $346,132

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $526,400
  • Assessed Land Value: $165,800
  • Assessed Improvements Value: $360,600

    Sales

  • Current Sale Contract Date: Feb 24, 2021
  • Current Sale Recording Date: Mar 02, 2021
  • Current Sale Transaction ID: 11824935326
  • Current Sale Price: $480,000
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: 2021013962
  • Previous Sale Recording Date: Aug 05, 2015
  • Previous Sale Contract Date: Jul 29, 2015
  • Previous Sale Amount: $380,000
  • Previous Sale Document Type: Bargain and Sale Deed

    Last Sale Mortgage

  • First Mortgage Lender: JPMORGAN CHASE BANK NA
  • First Mortgage Transaction Date: Mar 02, 2021
  • First Mortgage Loan Amount: $456,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Mar 01, 2051

    Previous Mortgages

  • Previous Mortgage Lender: UNITED WHOLESALE MORTGAGE
  • Previous Mortgage Transaction Date: Aug 05, 2015
  • Previous Mortgage Loan Amount: $361,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Aug 01, 2045

About Bound Brook



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Frequently Asked Questions

What neighborhood is 623 Mountain Avenue located in?
The 623 Mountain Avenue is a located in the neighborhood of Somerset in Bound Brook, Bound Brook.
What is the average sales price for listings in 623 Mountain Avenue?
The average sales price for units in 623 Mountain Avenue is $0 currently.

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