387 Canal Rd
South Bound Brook, NJ 08880
4 bd 3 ba 2,709 sqft Built 1977 Lot 10,738 sqft single_family
Most recent sale
$515,000
Jul 22, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Jul 22, 2022 | Sold | $515,000 | MLS #3784803 |
| May 26, 2022 | Listed | $499,900 | MLS #2214694R |
| Oct 9, 1997 | Sold | $61,000 | Public Record |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2025 | $318,100 | $81,900 | $400,000 | $16,056 |
| 2024 | $318,100 | $81,900 | $400,000 | $15,288 |
| 2023 | $318,100 | $81,900 | $400,000 | $15,144 |
| 2022 | $192,200 | $81,900 | $274,100 | $9,697 |
| 2021 | $192,200 | $81,900 | $274,100 | $9,558 |
| 2020 | $192,200 | $81,900 | $274,100 | $9,092 |
| 2019 | $192,200 | $81,900 | $274,100 | $9,328 |
| 2018 | $192,200 | $81,900 | $274,100 | $9,276 |
| 2017 | $192,200 | $81,900 | $274,100 | $9,243 |
| 2016 | $192,200 | $81,900 | $274,100 | $9,034 |
| 2015 | $192,200 | $81,900 | $274,100 | $8,796 |
| 2014 | $192,200 | $81,900 | $274,100 | $8,585 |
| 2013 | $192,200 | $81,900 | $274,100 | $8,190 |
| 2012 | $192,200 | $81,900 | $274,100 | $7,858 |
| 2011 | $192,200 | $81,900 | $274,100 | $7,741 |
| 2010 | $192,200 | $81,900 | $274,100 | $7,672 |
| 2009 | $192,200 | $81,900 | $274,100 | $7,401 |
| 2008 | $78,800 | $60,000 | $138,800 | $7,698 |
| 2007 | $78,800 | $60,000 | $138,800 | $7,536 |
Property facts
Year built
1977
Property type
single_family
Stories
—
Beds
4
Baths
3
Living area
2,709 sqft
Lot size
10,738 sqft
ZIP code
08880
City
South Bound Brook
Street
Canal Rd
Coordinates
40.55448, -74.54166
Comparable properties nearby
Investment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$4,064
Gross rental yield
9.47%
Implied cap rate
6.16%
Trend-extrapolated value
—
Frequently asked questions
When did 387 Canal Rd last sell?
387 Canal Rd most recently sold on Jul 22, 2022 for $515,000.
What is the current tax assessment for 387 Canal Rd?
The most recent total assessment for 387 Canal Rd (year 2025) is $400,000 with $16,056 in property tax.
How does 387 Canal Rd's assessment compare to its last sale price?
The current assessment is 22.3% below the last sale price of $515,000.
When was 387 Canal Rd built?
387 Canal Rd was built in 1977.
How does 387 Canal Rd compare to others on Canal Rd?
We track 6 other properties on Canal Rd. Browse the list under "Other properties on Canal Rd" to compare beds, baths, and sale history.
What are the property facts for 387 Canal Rd?
387 Canal Rd is a 4 bed, 3 bath, 2,709 sqft, 10,738 sqft lot single_family.
Is 387 Canal Rd a flip candidate?
No — 387 Canal Rd does not appear in our flips dataset.
Is 387 Canal Rd a tax-appeal candidate?
No — 387 Canal Rd is not currently flagged as a tax-appeal candidate.
Forecast for this area
ZIP-area linear projection — not a per-property automated valuationQuarterly trend
+3.1%
Implied 1-yr
+12.2%
2026 Q3
$539.3K
2026 Q4
$553.1K
ZIP 08880 — Median Price History + Forecast
Explore nearby
Geography
Other properties on Canal Rd