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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Investment property for sale in Bound Brook at 112-114 E Union Ave, Bound Brook, NJ, 08805 listed at $1,398,000 pairs $4,910/mo rent with a $6,843/mo payment. Total monthly income runs $4,910/mo. Return on cash invested measures 6.98% in year one, and rental yield registers 4.21% at a $1,398,000 basis. Equity gained on principal adds $9,021/yr, and annual property appreciation at 5% supports $386,242 by year five. Five-year ROI tracks 34.66% and total cumulative return in cash totals $156,975. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $4,910/mo property income relative to a $6,843/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Multi Family
Built in 1898
0.68 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 08805, Bound Brook, NJ area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,580 (100%) |
| Owner Occupied HU | 2,430 (43.5%) |
| Renter Occupied HU | 2,753 (49.3%) |
| Vacant Housing Units | 397 ( 7.1%) |
| Median Home Value | $469,615 |
| Average Home Value | $583,534 |
Residential
4,970
Single Family
4,610
Multi-Family
360
Businesses
495
Date | Event | Price |
|---|---|---|
| 2019-11-22 | Sold | $525,000 |
| 2018-05-02 | Sold | $1,000 |
| 2003-10-21 | Sold | $545,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-09-02 | $17582.48 | 3.18% | $774,900 | 7.22% |
| 2023-09-02 | $17041.27 | 9.45% | $722,700 | 22.37% |
| 2022-09-02 | $15569.86 | N/A | $590,600 | 6.74% |
Listed by: CLAUDIA R. LOPEZ • KELLER WILLIAMS PROSPERITY RLT
Mls Name: All Jersey MLS
Mls Provider:
Mls ID: #2603474R
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