




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 417 E Union Ave, Bound Brook, NJ, 08805 listed at $499,000 pairs $3,358/mo rent with a $2,442/mo payment. Total monthly income runs $3,358/mo. Return on cash invested measures 18.47% in year one, and rental yield registers 8.08% at a $499,000 basis. Equity gained on principal adds $3,220/yr, and annual property appreciation at 5% supports $137,865 by year five. Five-year ROI tracks 96.36% and total cumulative return in cash totals $159,390. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $3,358/mo property income relative to a $2,442/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Multi Family
Built in 1909
7,405 sqft 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 |
|---|---|---|
| 2025-06-30 | Sold | $499,000 |
| 2025-06-02 | Pending sale | $499,000 |
| 2025-05-08 | Listed for sale | $499,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-10-19 | $9116.84 | 3.49% | $401,800 | 7.55% |
| 2023-10-19 | $8809.49 | 7.65% | $373,600 | 7.63% |
| 2022-10-19 | $8183.11 | N/A | $347,100 | 19.36% |



Listed by: Ronald Fasanello • Sky Brook Realty Llc
Mls Name: GSMLS
Mls Provider:
Mls ID: #3961826
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