Somerset County  »  08805  »  Tea St  »  601 Tea St

601 Tea Street, Bound Brook, NJ 08805 - Property report

Also known as: 601 Tea St

Property image for 601 Tea Street, Bound Brook, NJ 08805
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Property type

Store-Shopping Center (733)

Year built

1968

Acreage

12.567

Sale price

$1,200,000

General information

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Address
Primary address
601 Tea Street
ZIP code
08805
County
Somerset
Block
68
Lot
1.01
Municipality
1804
Qualifier
Parcel ID
68-1.01

Owner

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Sales
Sale date
07/14/1997
Sale price
$1,200,000
Arm's length
Tax
Tax year
2026
Current property tax
$593,253
Building
Property type
Store-Shopping Center (733)
Building sq. ft.
104,776
Year built
1968
Exterior structural material
Lot
Acreage
12.567
Zoning & Use
Zoning
Qualified opportunity zone

Area overview

Walk score
72 /100.  Very Walkable
Transit score
0 /100.  Minimal Transit
Bike score
51 /100.  Bikeable
Broadband internet providers and speed map
Types of broadband connections

Ownership information for 601 Tea Street, Bound Brook, NJ

Property owner name
Registered owner
Source
Deed
Owner contact information
Phone number
Owner address

Sales history for 601 Tea Street, Bound Brook, NJ 08805

Sale date Sale price Buyer name Seller name
07/14/1997 $1,200,000

*Most recent sale on record for this property.

More about Somerset County property records.

Title documents

No recently recorded documents for this property.

Property taxes for 601 Tea Street, Bound Brook, NJ

Property tax data includes tax amount, market value and assessed value, exemptions, abatements and assessment history.

Current property tax
Tax year
2026
Property tax
$593,253
Recent tax assessments
Market value
$26,880,500
Land value
$10,008,500
Building value
$16,872,000

Assessment history

See the assessment and property tax history, including the evolution of the total tax rate and corresponding property tax amount.

Tax year Market value Assessed value Tax rate Property tax Y-o-Y change
2025 $26,069,000 $26,069,000 2.207 $575,343 +0.04%
2024 $25,346,000 $25,346,000 2.269 $575,101 -0.14%
2023 $24,423,000 $24,423,000 2.358 $575,894 +0.70%
2022 $22,986,900 $22,986,900 2.488 $571,914 -7.62%
2021 $22,000,000 $22,000,000 2.814 $619,080 -8.84%
2020 $22,000,000 $22,000,000 3.087 $679,140 +9.74%
2019 $19,119,000 $19,119,000 3.237 $618,882 -2.91%
2018 $19,119,000 $19,119,000 3.334 $637,427 -1.74%
2017 $19,019,000 $19,019,000 3.411 $648,738 +0.74%
2016 $19,019,000 $19,019,000 3.386 $643,983 +2.27%

Permit information for 601 Tea Street, Bound Brook, NJ

No recently recorded permits for this property.

Demographics by ZIP code

Total population
14,066
Median age
38.6
Average household income
$119,542
Family households
66.5%
People per household (average)
2.63
Occupied housing units
5,285
Owner-occupied units
49.8%
Median year structure built
1959
Median value mortgaged units
$425,100
Median value unmortgaged units
$405,300

Risk

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FEMA flood zones

FEMA flood zones
0.2, AE, AO

Fire hazard zones

Geohazard zones map

Transportation

Daily traffic map

Access the detailed traffic volume map for 601 Tea Street, Bound Brook, NJ 08805 to see estimated average daily traffic on streets surrounding the property as well as the types of properties in its vicinity.

Frequently asked questions

What is the year built for 601 Tea Street, Bound Brook, NJ 08805?

The development at 601 Tea Street, Bound Brook, NJ 08805 was built in 1968.

What is the market value of 601 Tea Street, Bound Brook, NJ 08805?

The current market value of 601 Tea Street, Bound Brook, NJ 08805 is $26,880,500.

What is the total square footage of 601 Tea Street, Bound Brook, NJ 08805?

601 Tea Street, Bound Brook, NJ 08805 has a total of 104,776 square feet.

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