261 W Main St Bound Brook, NJ 08805
Estimated payment $3,584/month
Highlights
- 0.36 Acre Lot
- Electric Baseboard Heater
- Privacy Fence
- Deck
About This Home
Welcome to 261 W Main Street in Bound Brook! This well-maintained multi-family duplex offers an excellent opportunity for investors or owner-occupants seeking additional rental income. Both units are currently rented to reliable tenants. The one-bedroom unit has a lease expiring at the end of August, while the two-bedroom unit is on a month-to-month lease, providing flexibility for future plans. Unit 1 features one bedroom, a full bathroom, in-unit laundry, and a dedicated parking space. Unit 2 offers two bedrooms, 1.5 bathrooms, in-unit laundry, and its own parking. The property boasts an expansive shared backyard with endless possibilities for outdoor enjoyment or future enhancements. Ideally located for commuters, the home is just four minutes from the Bound Brook train station and minutes from nearby shopping centers, grocery stores, dining, and retail options combining convenience with strong rental appeal. Highest and best - Sunday Feb 1st at 5:00 PM.
Listing Agent
DEYANIRA MISSERI
NEST SEEKERS NEW JERSEY LLC Brokerage Phone: 908-386-5542 Listed on: 01/07/2026
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $8,699
Year Built
- Built in 1895
Lot Details
- 0.36 Acre Lot
- Privacy Fence
Home Design
- Slab Foundation
Bedrooms and Bathrooms
- 3 Bedrooms
Parking
- 4 Parking Spaces
- Stone Driveway
Outdoor Features
- Deck
Schools
- Boundbrook High School
Utilities
- Cooling System Mounted In Outer Wall Opening
- Electric Baseboard Heater
- Underground Utilities
- Standard Electricity
- Gas Water Heater
Additional Features
- Unfinished Basement
Community Details
- Net Operating Income $46,675
Listing and Financial Details
- Assessor Parcel Number 2704-00004-0000-00026-0000-
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 | $8,699 | $429,700 | $143,700 | $286,000 |
| 2024 | $8,699 | $383,400 | $126,700 | $256,700 |
| 2023 | $8,498 | $360,400 | $109,700 | $250,700 |
| 2022 | $8,243 | $331,300 | $92,700 | $238,600 |
| 2021 | $9,117 | $324,000 | $75,700 | $248,300 |
| 2020 | $6,705 | $217,200 | $58,700 | $158,500 |
| 2019 | $6,480 | $200,200 | $41,700 | $158,500 |
| 2018 | $6,541 | $196,200 | $33,200 | $163,000 |
| 2017 | $6,607 | $193,700 | $33,200 | $160,500 |
| 2016 | $6,444 | $190,300 | $11,900 | $178,400 |
| 2015 | $6,360 | $192,100 | $11,900 | $180,200 |
| 2014 | $7,374 | $215,100 | $34,900 | $180,200 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 01/23/2026 01/23/26 | For Sale | $550,000 | 0.0% | -- | |
| 01/16/2026 01/16/26 | Pending | -- | -- | -- | |
| 01/07/2026 01/07/26 | For Sale | $550,000 | +69.2% | -- | |
| 01/26/2021 01/26/21 | Sold | $325,000 | +4.9% | -- | View Prior Sale |
| 11/04/2020 11/04/20 | Pending | -- | -- | -- | |
| 10/27/2020 10/27/20 | Price Changed | $309,901 | 0.0% | -- | |
| 10/27/2020 10/27/20 | Price Changed | $309,900 | -13.9% | -- | |
| 10/15/2020 10/15/20 | For Sale | $359,900 | +82.7% | -- | |
| 12/05/2018 12/05/18 | Sold | $197,000 | +1.1% | -- | View Prior Sale |
| 08/06/2018 08/06/18 | Pending | -- | -- | -- | |
| 07/05/2018 07/05/18 | For Sale | $194,900 | -- | -- |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $325,000 | Foundation Ttl Llc East Brun | |
| Deed | $197,000 | Multiple | |
| Deed | $240,000 | -- |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $343,295 | Purchase Money Mortgage | |
| Previous Owner | $193,431 | FHA | |
| Previous Owner | $192,000 | No Value Available |
Source: Garden State MLS
MLS Number: 4003857
APN: 04-00004-0000-00026
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