Bound Brook Boro NJ property tax rate 2025: 2.207 after reassessment
Bound Brook Boro, Somerset County. 2,704 parcels in the MOD-IV 2026 file. Rate shown is tax year 2025 (latest available — not yet matched to assessment year).
2026 revaluation/reassessment town — 2026 general tax rate not in our warehouse yet. Showing 2025 rate against 2026 assessments; YoY % is withheld until the matching rate posts.
Bound Brook Boro at a glance
2,704 parcels are on the 2026 file. The 2025 general rate is 2.207, and the prior rate on file is 2.269 for 2024. A typical class 2 assessment is $483,432. Usable sales with a 2025 deed: 75, median $520,000. The state construction file lists 2,203 permits here. The median class 2 house was built in 1941. A property page adds that parcel’s permits, flood zone, mapped flood elevation, and high and low ground. Owner names are not shown.
How to read a Bound Brook Boro bill
Bound Brook Boro’s general rate of 2.207 is tax year 2025 on the 2026 assessment file. It is not a 2026 bill. The prior general rate on file is 2.269 for 2024. This municipality is on the 2026 reassessment list, so the rate move is the roll being reset. It is not, by itself, the change in the bill. School, county, and municipal shares of this rate are 50.2%, 15.7%, and 34.2%. The largest slice is schools. In Somerset County the middle school share for rate year 2025 is 58.5% in Somerville Boro. Class 2 net assessments changed from $1,022,942,700 to $1,105,125,800, up 8.0%, on 2,286 parcels. Usable sales with a 2025 deed: median $520,000 (75 sales). The largest class share of net assessed value is Residential at 62.2%. State school aid is outside these bars.
Building permits in Bound Brook Boro
The New Jersey construction-permit file lists 2,203 permits in Bound Brook Boro. This file is a full record from 2021 on. Older permits are mostly missing. Work from before then can be missing here and still be at the Bound Brook Boro construction office.
2025 general tax rate in Bound Brook Boro: 2.207
This general rate is tax year 2025. The assessment file is 2026. It is not a 2026 bill.
In Somerset County, the median municipality’s school share (rate year 2025) is 58.5%; this town is 50.2%. The largest slice here is schools. State school aid is not in these bars — it reduces the school levy before the rate is struck. All Somerset towns · How NJ taxes work.
The school percent is the local property-tax levy. The district for this municipality is Bound Brook Boro (K-12), FY2027 K–12 aid $39,243,362. Those aid figures are not slices of these bars. Somerset district table.
Prior year (2024) general rate: 2.269.
Tax on a $200,000 or $500,000 sale in Bound Brook Boro
These figures use Bound Brook Boro’s own ratio and general rate. How the same sale price is calculated for every town. This is not an appraisal and not a collector bill.
2025
A $500,000 sale at the 2025 ratio of 97.44% would be assessed at about $487,200. At the general rate of 2.207, the estimated tax is $10,753. A $200,000 sale at that same ratio and rate would be assessed at about $194,880, with an estimated tax of $4,301.
In Somerset County for 2025, the $500,000 bill runs from $5,800 in Far Hills Boro to $13,292 in So Bound Brook Boro. The middle bill is $9,373 in Hillsborough Twp. All Somerset towns.
See every New Jersey town on the same $200,000 and $500,000 sale for 2025.
Recent usable sales in Bound Brook Boro
These are the five newest usable deeds on the 2026 file for Bound Brook Boro. A $1 deed and a non-usable SR1A sale are left out. Each parcel stores one sale, so this is not every deed recorded in town.
| Address | Deed date | Sale price | Net assessment |
|---|---|---|---|
| 542 WHEATLAND AVENUE | 1/6/2026 | $490,000 | $420,300 |
| 334 WEST HIGH STREET | 1/2/2026 | $390,000 | $370,600 |
| 102 FRANKLIN STREET | 12/23/2025 | $560,000 | $429,800 |
| 14 EAST MAPLE AVENUE | 12/23/2025 | $650,000 | $651,700 |
| 320 CHURCH STREET | 12/17/2025 | $550,000 | $552,200 |
Owner names are not shown. The rate year and the assessment file year differ, so this table does not print an estimated tax. This is not a collector’s bill.
Highest estimated tax in Bound Brook Boro: $26,418
Residential
The highest residential estimate in Bound Brook Boro is $26,418 at 543 EAST SECOND STREET, on a net assessment of $1,197,000 and a 2025 general rate of 2.207.
| Address | Class | Net assessment | Rate year | Estimated tax |
|---|---|---|---|---|
| 543 EAST SECOND STREET | 2 — Residential (four families or less) | $1,197,000 | 2025 | $26,418 |
| 215 PIEDMONT DRIVE | 2 — Residential (four families or less) | $1,168,600 | 2025 | $25,791 |
| 1045 MOUNTAIN AVENUE | 2 — Residential (four families or less) | $1,140,500 | 2025 | $25,171 |
| 249 PIEDMONT DRIVE | 2 — Residential (four families or less) | $1,060,900 | 2025 | $23,414 |
| 1800 MIDDLEBROOK ROAD | 2 — Residential (four families or less) | $950,400 | 2025 | $20,975 |
Business
The highest business estimate in Bound Brook Boro is $593,253 at 601 TEA STREET, on a net assessment of $26,880,500 and a 2025 general rate of 2.207.
| Address | Class | Net assessment | Rate year | Estimated tax |
|---|---|---|---|---|
| 601 TEA STREET | 4A — Commercial | $26,880,500 | 2025 | $593,253 |
| 476 WEST UNION AVENUE | 4A — Commercial | $5,700,000 | 2025 | $125,799 |
| 513 WEST UNION AVE | 4A — Commercial | $5,668,900 | 2025 | $125,113 |
| 220 WEST UNION AVENUE | 4A — Commercial | $5,300,000 | 2025 | $116,971 |
| 509 WEST UNION AVENUE | 4A — Commercial | $4,153,600 | 2025 | $91,670 |
Owner names are not shown. Every parcel in this town uses the same rate, so the highest tax is the highest assessment. Commercial and industrial parcels (class 4A and 4B) are the business list. Apartment buildings are class 4C and are not in that list. This is not a collector’s bill.
Ratable base in Bound Brook Boro, typical class 2 assessment $483,432
Class 2 residential in the MOD-IV file: 2,286 parcels, average net assessment $483,432.
How assessments changed
Class 2 residential net assessments changed from $1,022,942,700 to $1,105,125,800, up 8.0%, on 2,286 parcels that have both a prior net and a 2026 net. This is the reassessment roll. It is not the change in the tax bill.
Among 75 usable recorded sales whose latest deed on this file is in 2025, the median price is $520,000. A $1 deed and a non-usable SR1A sale are left out. Each parcel stores one sale, so this is not every deed recorded that year.
Share of net assessed value by property class (MOD-IV). Not a school-quality rating.
| Class | Parcels | Net assessed | % of net |
|---|---|---|---|
| Residential 2 | 2,286 | $1,105,125,800 | 62.2% |
| Vacant land 1 | 194 | $387,647,400 | 21.8% |
| Commercial 4A | 194 | $182,343,300 | 10.3% |
| Industrial 4B | 2 | $4,113,000 | 0.2% |
| Apartment 4C | 27 | $90,271,100 | 5.1% |
| Other / unclassified other | 1 | $8,588,500 | 0.5% |
Housing stock in Bound Brook Boro, median year built 1941
On the 2026 file, class 2 houses in Bound Brook Boro with a year built have a median year of 1941, about 85 years old. Of those 2,284 houses, the largest share was built Before 1940. This is the assessor’s year built. It is not a ranking of towns.
By parcel count, Residential 84.5%, Vacant land 7.2%, Commercial 7.2%, Apartment 1.0%, Industrial <0.1%, Other / unclassified <0.1%. Those percentages are a count of parcels, not a share of tax dollars. The class table uses the tax-base share.
Year built
Assessor building line
Grouped from the assessor’s building abbreviation. One-family, two-family, and condo are the codes that read clearly. Other codes stay in their own group. This is not a bedroom count, and square feet are left off because most records do not include them.