201 W Union Ave

Bound Brook Boro, NJ 08805


 

Price: $775,000

GSMLS:  4062053
Type: Multi-Family
Style: 3-Three Story
Total Units: 3
Beds: 6
Baths: 3 Full
Garage: No
Year Built: 1885
Acres: 0.21
Property Tax: $12,769
Description
"Exceptional Investment Opportunity in Bound Brook" This handsome 3-family building offers great curb appeal and presents an excellent opportunity for investors looking to maximize rental income. The current owners valued their long-standing relationships with their tenants and as a result, chose not to increase rents over the many years of their tenancy. Consequently, the current rents are significantly below potential market levels, offering a new owner the opportunity to realize increased income. Based on estimated potential rents, the 3 bedroom apartment could command approximately $3200 per month, the 2-bedroom approximately $2800 per month, and the studio apartment approximately $900-$975 per month. A property with 3 separate rental units and all separate utilities except water, makes this a compelling investment to consider. Whether you are an experienced investor expanding your portfolio or looking for a multi-unit property with income potential, this Bound Brook property deserves your attention!!! It is conveniently located near shopping, schools, restaurants, major commuter routes, buses and train station. All appliances are in as is condition! Current tenants are month to month.
General Info
Style:
3-Three Story
SqFt Building:
2,738
Total Rooms:
12
Basement:
Yes - Bilco-Style Door, Full, Unfinished
Interior:
Carbon Monoxide Detector, Carpeting, Fire Extinguisher, Smoke Detector
Roof:
Asphalt Shingle
Exterior:
CedarSid
Lot Size:
71X130
Lot Desc:
Corner, Level Lot
Parking
Garage Capacity:
No
Description:
n/a
Parking:
Crushed Stone, Driveway-Exclusive, Parking Lot-Shared
Spaces Available:
8
Unit 1
Bedrooms:
2
Bathrooms:
1
Total Rooms:
4
Room Description:
Bedrooms, Eat-In Kitchen, Laundry Room, Living Room
Levels:
1
Square Foot:
n/a
Fireplaces:
n/a
Appliances:
Carbon Monoxide Detector, Ceiling Fan(s), Dryer, Range/Oven - Gas, Refrigerator, Smoke Detector, Washer
Utilities:
Owner Pays Water, Tenant Pays Electric, Tenant Pays Gas, Tenant Pays Heat
Handicap:
No
Unit 2
Bedrooms:
3
Bathrooms:
1
Total Rooms:
6
Room Description:
Attic, Bedrooms, Eat-In Kitchen, Family Room, Living Room
Levels:
2
Square Foot:
n/a
Fireplaces:
n/a
Appliances:
Carbon Monoxide Detector, Ceiling Fan(s), Dryer, Range/Oven - Gas, Refrigerator, Smoke Detector, Washer
Utilities:
Owner Pays Water, Tenant Pays Electric, Tenant Pays Gas, Tenant Pays Heat
Handicap:
No
Unit 3
Bedrooms:
1
Bathrooms:
1
Total Rooms:
1
Room Description:
Bedrooms, Kitchen, Storage
Levels:
1
Square Foot:
n/a
Fireplaces:
n/a
Appliances:
CarbMDet,CeilFan,CookElec,Dryer,Refrig,SmokeDet,Washer
Utilities:
Owner Pays Water, Tenant Pays Electric, Tenant Pays Gas, Tenant Pays Heat
Handicap:
No
Unit 4
Bedrooms:
n/a
Bathrooms:
n/a
Total Rooms:
n/a
Room Description:
See Remarks
Levels:
n/a
Square Foot:
n/a
Fireplaces:
n/a
Appliances:
n/a
Utilities:
n/a
Handicap:
n/a
Utilities
Heating:
3 Units, Baseboard - Electric, Forced Hot Air, Radiators - Steam
Heating Fuel:
Electric, Gas-Natural
Cooling:
Central Air, Wall A/C Unit(s), Window A/C(s)
Water Heater:
Electric, Gas
Water:
Public Water
Sewer:
Public Sewer
Utilities:
Electric, Gas-Natural
Services:
Cable TV Available, Garbage Extra Charge
School Information
Elementary:
n/a
Middle:
n/a
High School:
BOUNDBROOK
Community Information
County:
Somerset
Town:
Bound Brook Boro
Neighborhood:
n/a
Financial Considerations
List Price:
$775,000
Tax Amount:
$12,769
Land Assessment:
$280,500
Build. Assessment:
$307,400
Total Assessment:
$587,900
Tax Rate:
2.17
Tax Year:
2026
Listing Information
MLS ID:
4062053
List Date:
10-30-2026
Days On Market:
2
Listing Broker:
KELLER WILLIAMS TOWNE SQUARE REAL
Listing Agent:
Maria Lewis
 

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RE/MAX American Dream
3108 Route 10 West
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Succasunna, NJ 07876
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