$689,000

408 E Union Ave Bound Brook, NJ 08805

Estimated payment $4,553/month

Total Views 1,059
5 Beds
3 Baths
-- Sq Ft
-- Price per Sq Ft

Highlights

  • 0.45 Acre Lot
  • Corner Lot
  • 2 Car Attached Garage
  • Deck
  • Porch
  • Forced Air Heating and Cooling System

About This Home

Located on a generous corner lot, this two-unit home offers a total of 5 bedrooms and 3 full bathrooms. The property includes garage parking for 2 cars and a driveway with space for up to 3 additional vehicles, allowing for easy parking for 5 cars .This income-producing property is ideal for investors or owner-occupants looking to offset carrying costs with rental income. Recent updates include a new roof (2021) and a newer HVAC system with a built-in dehumidifier and smart thermostat. The first-floor unit features an updated kitchen with granite countertops, basement access, and a laundry room. The second-floor unit has a completely renovated kitchen and bathroom. The fully renovated basement offers a separate entrance and a full bathroom, providing great additional living space or rental potential.

Listing Agent

Jose Rodriguez

COLDWELL BANKER REALTY Brokerage Phone: 973-519-4406 Listed on: 02/26/2026

COLDWELL BANKER REALTY

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $12,080

Year Renovated

  • 2021

Lot Details

  • 0.45 Acre Lot
  • Corner Lot

Parking

  • 2 Car Attached Garage
  • Garage Door Opener
  • Private Driveway
  • Off-Street Parking

Home Design

  • Vinyl Siding

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 3 Full Bathrooms

Outdoor Features

  • Deck
  • Porch

Utilities

  • Forced Air Heating and Cooling System
  • Multiple Heating Units
  • Underground Utilities
  • Standard Electricity

Additional Features

  • Finished Basement

Community Details

  • Net Operating Income $9,999

Listing and Financial Details

  • Assessor Parcel Number 2704-00067-0000-00001-0000-

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$12,080

Year Renovated

2021

Lot Details

0.45 Acres

Parking

2

Listing Details

  • Unit Style: 3-Three Story
  • Year Built: 9999
  • Year Built Description: Renovated
  • County Name: Somerset
  • Directions: On the corner of Hamilton and E Union Ave
  • I D: 5413076
  • Attribution Contact: 973-519-4406
  • MLS Status: Active
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Renovated: 2021

Interior Features

  • Interior Amenities: Carbon Monoxide Detector, Smoke Detector, Tile Floors
  • Bedrooms: 5
  • Total Bathrooms: 3
  • Total Full Bathrooms: 3
  • Basement: Yes
  • Basement Description: Finished

Exterior Features

  • Exterior Description: Vinyl Siding
  • Exterior Features: Deck, Open Porch(es), Sidewalk
  • Roof Description: Asphalt Shingle

Garage/Parking

  • Garage Description: Attached Garage, Garage Door Opener
  • Number Garage Spaces: 2
  • Number Parking Spaces: 3
  • Parking Driveway Description: Driveway-Exclusive, Off-Street Parking

Utilities

  • Cooling: Central Air
  • Fuel Type: Electric, Gas-Natural
  • Heating: 2 Units, Forced Hot Air, Humidifr
  • Sewer: Public Sewer
  • Utilities: All Underground
  • Water: Public Water

Lot Info

  • Lot Size: 131X148
  • Easement: Unknown
  • Lot Description: Corner
  • Lot I D Tax: *
  • Lot Size Tax: *
  • Total Acres: 0.45

Tax Info

  • Tax Acres: *
  • Assessed Improvement Value: *
  • Assessed Land Value: *
  • Total Tax Assessed: *
  • Streetname Tax: *
  • Street Number Tax: *
  • Tax Amount: 12080
  • Tax Amount Tax: *
  • Assessor Parcel Number: 2704-00067-0000-00001-0000-
  • Tax Rate Amount: 2.269
  • Tax Rate Tax: *
  • Tax Year Tax: *
  • Tax Year: 2024

Map

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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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
2025 $12,080 $558,700 $220,200 $338,500
2024 $12,080 $532,400 $203,200 $329,200
2023 $11,769 $499,100 $177,700 $321,400
2022 $11,609 $466,600 $160,700 $305,900
2021 $10,209 $362,800 $109,700 $253,100
2020 $10,317 $334,200 $101,200 $233,000
2019 $10,294 $318,000 $92,700 $225,300
2018 $9,799 $293,900 $92,700 $201,200
2017 $9,926 $291,000 $92,700 $198,300
2016 $9,799 $289,400 $62,900 $226,500
2015 $10,883 $328,700 $71,400 $257,300
2014 $11,559 $337,200 $79,900 $257,300
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
02/26/2026 02/26/26 For Sale $689,000 +24.1% --
01/18/2022 01/18/22 Sold $555,000 +5.7% $235 / Sq Ft View Prior Sale
12/03/2021 12/03/21 Pending -- -- --
11/23/2021 11/23/21 For Sale $525,000 +50.0% $223 / Sq Ft
09/13/2019 09/13/19 Sold $350,000 +16.7% $148 / Sq Ft View Prior Sale
05/08/2019 05/08/19 Pending -- -- --
05/03/2019 05/03/19 For Sale $299,900 -- $127 / Sq Ft
Source: Garden State MLS

Purchase History

Date Type Sale Price Title Company
Deed $555,000 Stewart Title Guaranty Company
Deed $350,000 None Available
Deed $270,000 Multiple
Interfamily Deed Transfer -- None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $520,400 FHA
Previous Owner $297,500 New Conventional
Previous Owner $262,095 FHA
Source: Public Records

Source: Garden State MLS

MLS Number: 4011577

Garden State MLS

APN: 04-00067-0000-00001

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