307 W Union Ave Bound Brook, NJ 08805
Estimated payment $3,848/month
About This Home
Great Income Producing Investment Property! This High Visibility Mixed-Use B-1 Zone 3BR 1.5 Bath 2-Story Home with Attached Store Front w/Approx 500 Sq Ft of Space Offering Tons of Possibilities. Property Offers Tons of Parking in Rear w/Spacious 50x175 Lot + 2 Car-Detached Garage with Brand New Overhead Doors & Electric. Current Store Front Features a 4 Chair Barber Shop + Wash Sink that are Brand New, 1/2 Bath & Large Picture Window for Great Visibility Located on High Traffic Intersection of Vosseller Ave & Union Ave(Rt-28) The 3BR 1.5 Bath Attached Home in Rear Has a Full Basement, 1st Level Features Spacious LR, Eat-in-Kitchen, Full Bath, 2nd Level had 2BR w/Huge Walk-in-Closet & 1/2 Bath, Building has 2 Electric Meters, 2 Water/Sewer Meters/Bills, 1 Gas Boiler, 1 Brand New Gas Water Heater, Rent for Home is $2300 Month w/Lease Ending in Feb 2026. Store Front is Rented for $2000 Month.
Co-Listing Agent
DAVID CASTELLANO
BHHS FOX & ROACH Brokerage Phone: 732-673-4629
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $9,434
Year Built
- Built in 1937
Lot Details
- 8,712 Sq Ft Lot
- Level Lot
Parking
- 2 Car Detached Garage
- Stone Driveway
Home Design
- Vinyl Siding
Bedrooms and Bathrooms
- 3 Bedrooms
Utilities
- Window Unit Cooling System
- Radiator
- Gas Water Heater
Additional Features
- Unfinished Basement
Listing and Financial Details
- Assessor Parcel Number 2704-00074-0000-00010-0000-
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 | $9,435 | $430,500 | $170,000 | $260,500 |
| 2024 | $9,435 | $415,800 | $162,500 | $253,300 |
| 2023 | $9,309 | $394,800 | $147,500 | $247,300 |
| 2022 | $9,278 | $372,900 | $137,500 | $235,400 |
| 2021 | $10,061 | $338,200 | $127,500 | $210,700 |
| 2020 | $9,594 | $310,800 | $120,000 | $190,800 |
| 2019 | $10,061 | $310,800 | $120,000 | $190,800 |
| 2018 | $10,362 | $310,800 | $120,000 | $190,800 |
| 2017 | $10,404 | $305,000 | $120,000 | $185,000 |
| 2016 | $11,333 | $334,700 | $120,000 | $214,700 |
| 2015 | $9,973 | $301,200 | $120,000 | $181,200 |
| 2014 | $8,611 | $251,200 | $70,000 | $181,200 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 10/29/2025 10/29/25 | Price Changed | $579,900 | -7.9% | $299 / Sq Ft | |
| 10/03/2025 10/03/25 | Price Changed | $629,900 | -2.9% | $324 / Sq Ft | |
| 09/14/2025 09/14/25 | For Sale | $649,000 | +52.7% | $334 / Sq Ft | |
| 07/24/2025 07/24/25 | Sold | $425,000 | -29.2% | -- | View Prior Sale |
| 06/30/2025 06/30/25 | Pending | -- | -- | -- | |
| 05/22/2025 05/22/25 | For Sale | $600,000 | -- | -- |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | $425,000 | None Listed On Document | |
| Deed | $425,000 | None Listed On Document | |
| Interfamily Deed Transfer | -- | Lawyer Title Insurabce Corp | |
| Deed | -- | Lawyers Title | |
| Deed | $422,400 | -- |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $275,000 | New Conventional | |
| Closed | $275,000 | New Conventional |
Source: Garden State MLS
MLS Number: 3986806
APN: 04-00074-0000-00010
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