410 E Main St, Bound Brook Boro, NJ 08805
Somerset County
Key Facts
Description
3 Units ! Investor-friendly mixed-use property at 410 E Main Street in Bound Brook! Ideally located just steps from the Bound Brook train station, this property offers strong rental demand and excellent commuter convenience. The first floor features a retail storefront with a long-term 10-year lease, providing stable income. The second floor includes two residential units with reliable, long-term tenants who consistently pay on time. Total current rent is $6,290/month, with significant UPSIDE potential. Bound Brook has NO rent control, making this a highly attractive opportunity for investors. Current rents are substantially below market value due to strong long-term tenants. With strategic updates and repositioning, the next owner can bring rents to market levels and maximize returns. The third floor with potential to convert into one or two additional units subject to zoning approval. Buyer to perform all due diligence. NO FLOOD INSURANCE REQUIRED. Property is being sold in as-is condition; seller will address major structural or safety issues only. A rare value-add investment combining stable cash flow today with excellent long-term growth potential!
Property Information
Property Type
Residential Income
Sub-Type
Multi Family
Style
3-Three Story
Year Built
1920
Stories
3
Living Area
4,900 sq ft
Lot Size
0.07 acres
Days on Market
1
MLS® Listing#
4022865
Property Features
Appliances
Cooling
Heating
Basement
Parking
Construction
Utilities
Sewer
Water Source
Financial Details
Annual Taxes
$13,891
Tax year 2025
Assessed Value
$641,700
Parcel Number
2704-00001-0000-00058-0000-
Directions
Next to the train station
Affordability Calculator
$189,000
Estimated monthly payment
$5,030/mo
Principal $756,000 · Est. interest $1,054,687 over 30 yrs
Neighborhood Market Statistics
How this home compares to active listings in Bound Brook Boro, NJ
- $654,386
- Median Listing Price
- 30
- Median Days on Market
- 2,200
- Median Sq Ft
- $340
- Median Price / Sq Ft
- 1,293
- Active Listings
- This home’s price is 44% above the area median.
- Its price per sq ft is 43% below the area median.
Market statistics compiled from active EXIT Realty® and MLS listings in Bound Brook Boro, NJ.
Location
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Points of Interest in Bound Brook Boro, NJ
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Nearby Homes
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Similar Home Values
Comparable nearby listings and their asking prices.
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|---|---|---|---|---|
| 192 N 6Th St, Saddle Brook Twp., NJ | $664,900 | 5 | 2 | — |
| 315 Hudson Ave, Hopatcong Boro, NJ | $669,000 | 5 | 3 | 3,200 |
| 409 N 8Th St, Prospect Park Boro, NJ | $670,000 | 5 | 2 | — |
| 8 Cove Rd, Hopatcong Boro, NJ | $674,900 | 5 | 3 | — |
| 25-30 Morlot Ave, Fair Lawn Boro, NJ | $679,900 | 5 | 2 | — |
| 341 Mountainview Ter, Dunellen Boro, NJ | $685,000 | 5 | 3 | — |
Moving Cost Estimate
EXIT Agents in Bound Brook Boro
Listing Courtesy: WEICHERT REALTORS - 7324946800