$650,000

354 W 2nd St Unit 2 Bound Brook, NJ 08805

Estimated payment $4,398/month

4 Beds
2 Baths
2,102 Sq Ft
$309 Price per Sq Ft

About This Home

For Sale: 2-Family Home in Bound Brook, NJ " Double Lot with Endless Potential! Don't miss this rare opportunity to own a 2-family home on a spacious double lot in the heart of Bound Brook, NJ! Whether you're looking for an income-producing investment or a home to live in while renting the other unit, this property offers incredible versatility. Two-family layout " Ideal for owner-occupants or investors. Unfinished basement " A blank canvas ready for your custom touch. Double lot " Plenty of outdoor space with potential for expansion Prime location " Close to parks, shops, restaurants, and more. Commuter-friendly, Just 4 minutes to NYC transit access Live in one unit and rent out the other or rent both for maximum return. With strong rental demand and a location near all conveniences, this gem won't last long! Schedule a showing today and explore the possibilities! Property qualifies for a $10,000 buyer grant program.

Listing Agent

KATERIN LECARO

COLDWELL BANKER REALTY ALP Brokerage Phone: 201-253-5905 Listed on: 07/15/2025

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $9,690

Year Built

  • Built in 1937

Lot Details

  • 7,405 Sq Ft Lot
  • Fenced
  • Level Lot

Home Design

  • Aluminum Siding

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Unfinished Basement

  • Walk-Out Basement

Parking

  • 3 Parking Spaces
  • Stone Driveway

Utilities

  • Window Unit Cooling System
  • Multiple Heating Units
  • Radiator
  • Gas Water Heater

Community Details

  • 2,102 Sq Ft Building

Listing and Financial Details

  • Assessor Parcel Number 2704-00029-0000-00025-0000-
  • Tax Block *

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$9,690

Year Built

Built in 1937

Lot Details

0

Listing Details

  • Unit Style: 2-Two Story
  • Year Built: 1937
  • Year Built Description: Approximate
  • County Name: Somerset
  • Exclusions: 1st floor refrigerator
  • Renovated Year: 2023
  • Street Number Display: 354
  • Directions: between Tea St. and Vosseller Ave.
  • I D: 5371887
  • Modified: 2025-07-15
  • Number Images: 30
  • Attribution Contact: 201-253-5905
  • MLS Status: Active
  • Special Features: NewHome
  • Property Sub Type: MultiFamily
  • Year Renovated: 2023

Interior Features

  • Interior Amenities: Smoke Detector
  • Total Number Rooms: 12
  • Bedrooms: 4
  • Total Bathrooms: 2
  • Total Full Bathrooms: 2
  • Basement: Yes
  • Basement Description: Unfinished, Walkout

Exterior Features

  • Exterior Description: Aluminum Siding
  • Exterior Features: Metal Fence
  • Roof Description: Asphalt Shingle

Garage/Parking

  • Number Parking Spaces: 3
  • Parking Driveway Description: 1 Car Width, Crushed Stone

Utilities

  • Cooling: Window A/C(s)
  • Fuel Type: Gas-Natural
  • Heating: 2 Units, Radiators - Hot Water
  • Sewer: Public Sewer
  • Utilities: Gas-Natural
  • Water: Public Water
  • Water Heater: Gas

Lot Info

  • Lot Size: 50X152
  • Assessed Improvement Value: 216000
  • Assessed Land Value: 237000
  • Assessment: 453000
  • Lot Description: Level Lot
  • Lot Identifier: 25
  • Lot I D Tax: *
  • Lot Size Tax: *
  • Total Acres: 0.17

Tax Info

  • Tax Acres: *
  • Assessed Improvement Value: *
  • Assessed Land Value: *
  • Total Tax Assessed: *
  • Streetname Tax: *
  • Street Number Tax: *
  • Tax Amount: 9690
  • Tax Amount Tax: *
  • Assessor Parcel Number: 2704-00029-0000-00025-0000-
  • Tax Rate Amount: 2.269
  • Tax Rate Tax: *
  • Tax Rate Year: 2024
  • Tax Year Tax: *
  • Tax Year: 2024

Multi Family

  • Total Number Units: 2

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





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
2024 $9,691 $427,100 $217,000 $210,100
2023 $9,734 $412,800 $197,000 $215,800
2022 $9,514 $382,400 $177,000 $205,400
2021 $7,523 $291,100 $117,000 $174,100
2020 $7,782 $252,100 $92,000 $160,100
2019 $7,523 $232,400 $82,000 $150,400
2018 $6,808 $204,200 $72,000 $132,200
2017 $6,897 $202,200 $72,000 $130,200
2016 $6,156 $181,800 $37,000 $144,800
2015 $6,480 $195,700 $47,000 $148,700
2014 $5,673 $159,700 $16,800 $142,900
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/15/2025 07/15/25 Price Changed $650,000 0.0% $309 / Sq Ft
07/15/2025 07/15/25 For Sale $649,999 -- $309 / Sq Ft
Source: Garden State MLS

Purchase History

Date Type Sale Price Title Company
Deed $435,000 First American Title Insurance
Bargain Sale Deed $220,000 Suburban Title Examiners Inc
Deed -- --
Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Closed $15,225 New Conventional
Open $422,694 FHA
Previous Owner $56,661 Stand Alone Second
Previous Owner $216,015 FHA
Previous Owner $175,000 Unknown
Source: Public Records

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Source: Garden State MLS

MLS Number: 3975460

Garden State MLS

APN: 04-00029-0000-00025