261 W Main St Bound Brook, NJ 08805
Estimated payment $3,706/month
Highlights
- 0.36 Acre Lot
- Electric Baseboard Heater
- Vinyl Flooring
- Deck
- Privacy Fence
About This Home
Welcome to this well-maintained, turnkey two-family home in the heart of Bound Brook offering strong rental income and great flexibility. Whether you're an investor or looking to live in one unit while offsetting your expenses, this property is a fantastic opportunity. Unit 1 features 1 bedroom and 1 full bath, along with in-unit laundry, a cozy living room, and an eat-in kitchen. It's currently leased at $1,750/month through August, providing steady income. Unit 2 offers 2 bedrooms and 1.5 bathrooms, in-unit laundry, kitchen and a spacious living and dining area. Currently rented at $2,700/month on a month-to-month basis, it gives you the flexibility to move in. Both units include dedicated parking and updated bathrooms. Step outside to a large backyard perfect for entertaining, relaxing, or enjoying outdoor space. Recent improvements, including two new hot water heaters and a freshly painted exterior, reflect pride of ownership throughout. Conveniently located just minutes from the Bound Brook train station, major highways, shopping, and dining. A great blend of comfort, income, and potential don't miss your chance to see it!
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $9,483
Year Built
- Built in 1895
Lot Details
- 15,682 Sq Ft Lot
- Privacy Fence
Home Design
- Slab Foundation
- Asphalt Shingled Roof
- Stucco
Bedrooms and Bathrooms
- 3 Bedrooms
Home Security
- Carbon Monoxide Detectors
- Fire and Smoke Detector
Parking
- 4 Parking Spaces
- Stone Driveway
- On-Street Parking
- Off-Street Parking
Schools
- Boundbrook High School
Utilities
- Window Unit Cooling System
- Hot Water Baseboard Heater
- Electric Baseboard Heater
- Underground Utilities
- Standard Electricity
- Gas Water Heater
Additional Features
- Vinyl Flooring
- Deck
- Unfinished Basement
Community Details
- Net Operating Income $43,017
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 |
|---|---|---|---|---|---|
| 04/08/2026 04/08/26 | Pending | -- | -- | -- | |
| 03/28/2026 03/28/26 | 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: 4017055
APN: 04-00004-0000-00026
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