2 Drake St Bound Brook, NJ 08805
Estimated payment $2,891/month
About This Home
Charming 2-Family Home in prime location that could offer steady rental income! Experience this spacious two-family property offering endless potential and great investment opportunity. This well-maintained home features two separate units that has 2 bedrooms and 1 bath each unit. The property showcases a classic brick-and-siding exterior with a large bay window that brings in plenty of natural light. Inside, each unit offers comfortable living space with well-proportioned rooms and a practical layout. The home is conveniently located near shops, restaurants, schools, and public transportation that makes daily commutes and errands easy. Don't miss this chance to own a versatile property in a growing neighborhood. Grab your chance to get this fantastic find! Strict as-is sale.
Listing Agent
KELLER WILLIAMS PARK VIEWS Brokerage Phone: 917-794-7679 Listed on: 11/06/2025
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $9,393
Year Built
- Built in 1918
Home Design
- Brick Exterior Construction
- Vinyl Siding
Bedrooms and Bathrooms
- 4 Bedrooms
- 2 Full Bathrooms
Outdoor Features
- Deck
- Storage Shed
Utilities
- Multiple Heating Units
- Underground Utilities
Additional Features
- Unfinished Basement
Community Details
- Net Operating Income $999
Listing and Financial Details
- Assessor Parcel Number 2704-00007-0000-00030-0000-
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 | $9,394 | $463,800 | $163,400 | $300,400 |
| 2024 | $9,394 | $414,000 | $144,400 | $269,600 |
| 2023 | $9,055 | $384,000 | $120,700 | $263,300 |
| 2022 | $8,643 | $347,400 | $96,900 | $250,500 |
| 2021 | $7,704 | $291,100 | $68,400 | $222,700 |
| 2020 | $7,844 | $254,100 | $49,400 | $204,700 |
| 2019 | $7,704 | $238,000 | $30,400 | $207,600 |
| 2018 | $6,581 | $197,400 | $30,400 | $167,000 |
| 2017 | $6,645 | $194,800 | $30,400 | $164,400 |
| 2016 | $6,054 | $178,800 | $11,400 | $167,400 |
| 2015 | $5,791 | $174,900 | $11,400 | $163,500 |
| 2014 | $5,996 | $174,900 | $11,400 | $163,500 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 11/06/2025 11/06/25 | For Sale | $400,000 | -- | -- |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Bargain Sale Deed | $365,000 | Stewart Title Guaranty Company | |
| Deed | $73,000 | Multiple | |
| Sheriffs Deed | -- | None Available | |
| Deed | $319,900 | -- | |
| Quit Claim Deed | $115,000 | -- |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $397,500 | Construction | |
| Previous Owner | $287,900 | No Value Available |
Source: Garden State MLS
MLS Number: 3996688
APN: 04-00007-0000-00030
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