112-114 E Union Ave Bound Brook, NJ 08805
Estimated payment $8,788/month
Highlights
- 0.68 Acre Lot
- Property is near public transit
- Shades
- Deck
- Private Yard
- Porch
About This Home
Exceptional investment opportunity in Bound Brook! This unique, recently renovated property features two homes on one oversized lot. A spacious 3-unit multi-family in the front and a detached one-family home in the back. Together, the residences offer 12 bedrooms and eight full bathrooms, with excellent rental income potential, which can generate over $10,000 per month. Each unit has separate utilities, except for water, which creates an efficient and desirable setup for both tenants and investors. Set on a two-thirds-acre lot, the property provides ample parking and outdoor space. Ideally located blocks from downtown Bound Brook, the bus stop is on the same block. The train station offers direct access to NYC, and is conveniently close to major highways, including Routes 22, 28, and I-287. This is a one-of-a-kind opportunity to own a high-income-producing property. Don't miss your chance to secure a strong investment with long-term growth potential!
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $17,041
Year Built
- Built in 1898
Lot Details
- 0.68 Acre Lot
- Lot Dimensions are 296.00 x 0.00
- Private Entrance
- Fenced
- Private Yard
Parking
- 1 Car Garage
- On-Street Parking
Home Design
- Asphalt Roof
Interior Spaces
- 5,690 Sq Ft Home
- 3-Story Property
- Shades
- Blinds
Finished Basement
- Basement Fills Entire Space Under The House
- Recreation or Family Area in Basement
- Basement Storage
Outdoor Features
- Deck
- Patio
- Shed
- Porch
Location
- Property is near public transit
- Property is near shops
Utilities
- Forced Air Heating and Cooling System
- Gas Available at Street
- Gas Water Heater
Community Details
- 4 Separate Electric Meters
- 4 Separate Gas Meters
- 2 Separate Water Meters
Map
Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $17,582 | $725,800 | $283,500 | $442,300 |
| 2024 | $17,582 | $774,900 | $258,500 | $516,400 |
| 2023 | $17,041 | $722,700 | $218,500 | $504,200 |
| 2022 | $14,694 | $590,600 | $208,500 | $382,100 |
| 2021 | $19,639 | $553,300 | $188,500 | $364,800 |
| 2020 | $15,398 | $498,800 | $168,500 | $330,300 |
| 2019 | $19,639 | $606,700 | $158,500 | $448,200 |
| 2018 | $19,847 | $595,300 | $153,500 | $441,800 |
| 2017 | $20,019 | $586,900 | $153,500 | $433,400 |
| 2016 | $20,936 | $618,300 | $96,500 | $521,800 |
| 2015 | $18,757 | $566,500 | $96,500 | $470,000 |
| 2014 | $16,842 | $491,300 | $21,300 | $470,000 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 09/06/2025 09/06/25 | For Sale | $1,398,000 | -- | $246 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | $525,000 | None Available | |
| Sheriffs Deed | $1,000 | First American Title | |
| Deed | $545,000 | -- | |
| Deed | $290,000 | -- |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $203,000 | Commercial |
Source: All Jersey MLS
MLS Number: 2603474R
APN: 04-00050-0000-00002
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