NOT LISTED FOR SALE

21 E High St Bound Brook, NJ 08805

Estimated Value: $567,000 - $655,000

-- Bed
-- Bath
1,811 Sq Ft
$338/Sq Ft Est. Value

Last Sold September 09, 2024

Last sale price $615,000 $340 Per Sq Ft

Current estimated payment $4,130/month

28 Days on Market

Highlights

  • Colonial Architecture
  • Central Air
  • Radiator

About This Home

As of September 2024

Welcome to this income producing 2-family home on a corner lot in the heart of Bound Brook. Currently $58,800 in Gross Income with Leases in Place! Walk up to a well manicured front landscape and into the downstairs unit with a very large 1 one bedroom unit with newer carpet and laminate flooring, sun porch, washer/dryer(new) in unit, access to the basement, and renovated bathroom. Tenant is currently paying $2,350 per month with a lease ending on 6/30/2025. Upstairs apartment has 2 bedrooms and 1 full renovated bathroom with newer carpet and bamboo flooring. There is also a washer/dryer in unit. Tenant is paying $2,550 per month with a lease ending on 6/30/2025. New Roof, Siding, Soffits, Gutter, Insulation, & Stairs & Windows in Basement all done in 2020. Hot Water Heater replaced in 2023. Boiler replaced in 2015. There is also tons of storage throughout. Solar panels are leased and approximately $161/month. Gas/Electric are separately metered. There is a 4-car driveway so each tenant has 2 parking spots. No Flood Zone. Home is in close proximity to train station, shoppings, restaurants, & schools. Great Investment Opportunity!

Last Agent to Sell the Property

Salvatore Bua

(609) 439-8699 salbua90@gmail.com Smires & Associates Listed on: 06/20/2024

Smires & Associates

Last Buyer's Agent

datacorrect BrightMLS

datacorrect@brightmls.com Non Subscribing Office License #0225194075

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $10,369

Year Built

  • Built in 1850 | Remodeled in 2020

Lot Details

  • 4,830 Sq Ft Lot
  • Lot Dimensions are 46.00 x 105.00

Home Design

  • 1,811 Sq Ft Home
  • Duplex
  • Colonial Architecture
  • Block Foundation
  • Shingle Roof
  • Asphalt Roof
  • Vinyl Siding

Parking

  • 4 Parking Spaces
  • 4 Driveway Spaces
  • On-Street Parking

Schools

  • Bound Brook High School

Utilities

  • Central Air
  • Window Unit Cooling System
  • Radiator
  • Natural Gas Water Heater

Community Details

  • 2 Units

Listing and Financial Details

  • The owner pays for all utilities, lawn/shrub care
  • Tax Lot 00005
  • Assessor Parcel Number 04-00049-00005

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$10,369

Year Built

Built in 1850 | Remodeled in 2020

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Duplex
  • Structure Type: Detached
  • Architectural Style: Colonial
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1850
  • Year Renovated: 2020
  • Automatically Close On Close Date: No
  • Special Features: None

Interior Features

  • Foundation Details: Block
  • Total Sq Ft: 1811
  • Living Area Sq Ft: 1811
  • Price Per Sq Ft: 331.25
  • Above Grade Finished Sq Ft: 1811
  • Above Grade Finished Area Units: Square Feet

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Vinyl Siding, Concrete
  • Roof: Asphalt, Shingle
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Total Garage And Parking Spaces: 4
  • Type Of Parking: Driveway, On Street
  • Number of Spaces in Driveway: 4

Utilities

  • Central Air Conditioning: Yes
  • Cooling Type: Central A/C, Window Unit(s)
  • Heating Fuel: Natural Gas
  • Heating Type: Radiator
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Schools

  • High School Source: Listing Agent
  • School District Source: Listing Agent
  • High School: BOUND BROOK

Lot Info

  • Lot Size Acres: 0.11
  • Lot Dimensions: 46.00 x 105.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 4830.00
  • Zoning: RES

Rental Info

  • Owner Pays: All Utilities, Lawn/Shrub Care
  • Rent Control: No
  • Vacation Rental: No

Multi Family

  • Gross Income: 58800.00

Tax Info

  • Tax Annual Amount: 10369.00
  • Assessor Parcel Number: 04-00049-00005
  • Tax Lot: 00005
  • County Tax Payment Frequency: Annually
  • Tax Year: 2022

MLS Schools

  • School District Name: BOUND BROOK BOROUGH PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 20, 2024
Closed on
Sep 5, 2024
Sold by
Silverstein Corey and Silverstein Ashlee
Bought by
Afify Sarah-Ashley B
Seller's Agent
Salvatore Bua
Smires & Associates
Buyer's Agent
datacorrect BrightMLS
Non Subscribing Office
List Price
$599,900
Sold Price
$615,000
Premium/Discount to List
$15,100
2.52%
Views
46
Current Estimated Value
$612,725

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$2,275
Avg. Annual Appreciation
-0.28%
Original Mortgage
$461,250
Outstanding Balance
$456,362
Interest Rate
6.78%
Mortgage Type
New Conventional
Estimated Equity
$156,363

Purchase Details

Closed on
Sep 8, 2020
Sold by
Lazanja John and Lazanja Caitlin
Bought by
Silverstein Corey and Silverstein Ashlee

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$353,479
Interest Rate
3%
Mortgage Type
FHA

Purchase Details

Listed on
May 7, 2020
Closed on
Jun 26, 2020
Sold by
Lazanja John and Lazanja Caitlin
Bought by
Silverstein Corey and Silverstein Ashlee
Seller's Agent
Geraldine Giles
COLDWELL BANKER REALTY
Buyer's Agent
Salvatore Bua
SMIRES & ASSOCIATES
List Price
$349,999
Sold Price
$360,000
Premium/Discount to List
$10,001
2.86%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.15%
Original Mortgage
$353,479
Interest Rate
3%
Mortgage Type
FHA

Purchase Details

Listed on
Jul 21, 2016
Closed on
Oct 10, 2016
Sold by
Rutkowski Dean M and Griffin Jamie
Bought by
Lazanja John
Seller's Agent
Shirlee Colanduoni
KELLER WILLIAMS TOWNE SQUARE REAL
Buyer's Agent
PHILLIPMICHAEL MORRISON
PROMINENT PROPERTIES SIR
List Price
$309,000
Sold Price
$290,000
Premium/Discount to List
-$19,000
-6.15%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.02%
Original Mortgage
$284,747
Interest Rate
3.75%
Mortgage Type
FHA

Purchase Details

Closed on
Dec 16, 2005
Sold by
Shallop Anthony
Bought by
Rutkowski Dean M and Rutkowski Jamie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$321,000
Interest Rate
6.36%

Purchase Details

Closed on
Jul 17, 2000
Sold by
Maerkel Kathleen
Bought by
Shallop Anthony and Fritzinger Heidi

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$138,125
Interest Rate
8.07%
Mortgage Type
FHA
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Afify Sarah-Ashley B $615,000 None Listed On Document
Afify Sarah-Ashley B $615,000 None Listed On Document
Silverstein Corey $360,000 Fidelity National Title
Silverstein Corey $360,000 United Title Agency Llc
Lazanja John $290,000 Fidelity National Title Insu
Rutkowski Dean M $338,000 --
Shallop Anthony $138,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Afify Sarah-Ashley B $461,250
Closed Afify Sarah-Ashley B $461,250
Previous Owner Silverstein Corey $353,479
Previous Owner Silverstein Corey $353,479
Previous Owner Lazanja John $284,747
Previous Owner Rutkowski Dean M $321,000
Previous Owner Shallop Anthony $138,125
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
09/09/2024 09/09/24 Sold $615,000 +2.5% $340 / Sq Ft
07/18/2024 07/18/24 Pending -- -- --
06/20/2024 06/20/24 For Sale $599,900 +66.6% $331 / Sq Ft
07/01/2020 07/01/20 Sold $360,000 +2.9% -- View Prior Sale
05/21/2020 05/21/20 Pending -- -- --
05/07/2020 05/07/20 For Sale $349,999 +20.7% --
10/21/2016 10/21/16 Sold $290,000 -6.1% -- View Prior Sale
07/22/2016 07/22/16 Pending -- -- --
07/21/2016 07/21/16 For Sale $309,000 -- --
Source: Bright MLS

Tax History Compared to Growth

Source: Public Records

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 $11,043 $514,600 $226,000 $288,600
2024 $11,043 $486,700 $206,000 $280,700
2023 $10,613 $450,100 $176,000 $274,100
2022 $10,370 $416,800 $156,000 $260,800
2021 $9,724 $344,200 $116,000 $228,200
2020 $9,431 $305,500 $96,000 $209,500
2019 $9,724 $300,400 $76,000 $224,400
2018 $9,025 $270,700 $76,000 $194,700
2017 $9,114 $267,200 $76,000 $191,200
2016 $8,042 $237,500 $56,000 $181,500
2015 $8,662 $261,600 $61,000 $200,600
2014 $8,282 $241,600 $41,000 $200,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: NJSO2003406

Bright MLS

APN: 04-00049-0000-00005