205 Somerset St
Bound Brook, NJ 08805
4 bd 2 ba 2,274 sqft Built 1870 Lot 24,394 sqft multi_family
Most recent sale
$525,000
Mar 11, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Mar 11, 2022 | Sold | $525,000 | MLS #3754526 |
| Dec 3, 2021 | Listed | $479,000 | MLS #3754526 |
| Mar 1, 2016 | Sold | $290,000 | Public Record |
| Dec 17, 2015 | Listing removed | $329,900 | GardenState |
| Dec 8, 2015 | Listing removed | $329,900 | GardenState |
| Aug 17, 2015 | Listed | $329,900 | MLS #3247005 |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2025 | $273,000 | $252,500 | $525,500 | $11,597 |
| 2024 | $273,000 | $252,500 | $525,500 | $11,299 |
| 2023 | $259,200 | $207,500 | $466,700 | $11,004 |
| 2022 | $246,700 | $197,500 | $444,200 | $11,051 |
| 2021 | $190,700 | $112,500 | $303,200 | $8,532 |
| 2020 | $172,700 | $102,500 | $275,200 | $8,495 |
| 2019 | $172,700 | $92,500 | $265,200 | $8,584 |
| 2018 | $147,400 | $92,500 | $239,900 | $7,998 |
| 2017 | $142,900 | $92,500 | $235,400 | $8,029 |
| 2016 | $177,300 | $57,500 | $234,800 | $7,950 |
| 2015 | $229,000 | $67,500 | $296,500 | $9,817 |
| 2014 | $198,800 | $47,500 | $246,300 | $8,443 |
| 2013 | $198,800 | $150,000 | $348,800 | $9,693 |
| 2012 | $198,800 | $150,000 | $348,800 | $9,459 |
| 2011 | $198,800 | $150,000 | $348,800 | $9,253 |
| 2010 | $198,800 | $150,000 | $348,800 | $9,173 |
| 2009 | $198,800 | $150,000 | $348,800 | $8,978 |
| 2008 | $87,600 | $82,400 | $170,000 | $8,583 |
| 2007 | $87,600 | $82,400 | $170,000 | $8,602 |
Property facts
Year built
1870
Property type
multi_family
Stories
3
Beds
4
Baths
2
Living area
2,274 sqft
Lot size
24,394 sqft
ZIP code
08805
City
Bound Brook
Street
Somerset St
Coordinates
40.56527, -74.53075
Comparable properties nearby
Block-level micro-comps
Same street, ±3 house numbers, sold in the last 24 monthsInvestment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$3,411
Gross rental yield
7.80%
Implied cap rate
5.07%
Trend-extrapolated value
—
Frequently asked questions
When did 205 Somerset St last sell?
205 Somerset St most recently sold on Mar 11, 2022 for $525,000.
What is the current tax assessment for 205 Somerset St?
The most recent total assessment for 205 Somerset St (year 2025) is $525,500 with $11,597 in property tax.
How does 205 Somerset St's assessment compare to its last sale price?
The current assessment is 0.1% above the last sale price of $525,000.
When was 205 Somerset St built?
205 Somerset St was built in 1870.
How does 205 Somerset St compare to others on Somerset St?
We track 4 other properties on Somerset St. Browse the list under "Other properties on Somerset St" to compare beds, baths, and sale history.
What are the property facts for 205 Somerset St?
205 Somerset St is a 4 bed, 2 bath, 2,274 sqft, 24,394 sqft lot multi_family.
Is 205 Somerset St a flip candidate?
No — 205 Somerset St does not appear in our flips dataset.
Is 205 Somerset St a tax-appeal candidate?
No — 205 Somerset St is not currently flagged as a tax-appeal candidate.
Forecast for this area
ZIP-area linear projection — not a per-property automated valuationQuarterly trend
+0.6%
Implied 1-yr
+2.2%
2026 Q3
$507.2K
2026 Q4
$509.9K
ZIP 08805 — Median Price History + Forecast
Explore nearby
Geography
Other properties on Somerset St