Closed$275,000
TLC ≈ $2,607/mo
3 1 1,248 sqft
224 E 2nd Street, Bound Brook, NJ 08805
3 E High Street E, Bound Brook, NJ 08805
$484,900
0 beds 2 baths 1,674 sqft Built 18575 days on marketActive
About this home
Back On The Market New Price! Excellent investment opportunity in Bound Brook! This well-maintained multifamily property offers established rental income with both apartments currently tenant-occupied. The first-floor unit features access to the backyard and patio, plus basement storage. The basement also provides shared laundry access for both tenants. The second-floor apartment includes attic access for additional storage and a bonus room. Detached garage is separately rented for $350/month, providing an additional income stream. Conveniently located near downtown Bound Brook, the train station, restaurants, shopping, Route 22 and Route 287. Property is being sold tenant-occupied and As Is. Don't miss this opportunity to add an income-producing multifamily property to your portfolio!
Affordability — calculate your monthly payment
Adjust your budget to see what's left after housing, utilities and transportation. Numbers below assume a 5% down, 30YrFixed at 4% APR.
Your estimated payment
$3,965/mo
- Real estate (PITI + HOA + PMI)
- $3,654
- Utilities
- $569
- Transportation
- $112
- Other (entertainment)
- $143
Principal + interest$2,199
Property tax + insurance$1,273
PMI / 2nd mortgage$182
Heating + cooling$130
Internet + TV + phone$143
Water + sewer + garbage$58
Car insurance + maintenance$112
Budget$5,000/mo
Remaining after TLC$1,035/mo
Purchase price
$484,900
Down payment
$24,245 (5%)
Loan amount
$460,655
APR
4%
Quick facts
Type
2 Family
Style
—
Year built
1857
Lot size
0.1601 ac
Stories
2
Heating
Radiant, Forced Air
Cooling
Ceiling Fan(s),A/C Wall Unit(s),A/C Window Unit(s)
Water
Public
HOA
—
Annual tax
$9,241
MLS #
2702571R
County
Somerset
At a glance
Basement
Garage (2)
Home features
Appliances
Water Heater(Gas)Water HeaterUnit 1(Range/OvenRefrigerator)Unit 2(Range/OvenRefrigerator)
Interior
Unit 1(1 BedroomKitchenLiving Room)Unit 2(1 BedroomKitchenLiving Room)
Exterior
Porch
Parking
GarageAttachedDetached1-2 Car Parking
Patio & porch
Porch
Sewer
Public Sewer
Ownership
Fee Simple
Lot features
Corner Lot
Neighborhood — 08805
| Metric | This ZIP | County | USA |
|---|---|---|---|
| Population | 13,457 | 8,832,837 | 299,088,112 |
| Population Change Since1990 | 14.00% | 14.00% | 20.00% |
| Population Density | 3,476 | 1,137 | — |
| Male | 6,928 | 4,307,827 | 147,432,321 |
| Female | 6,528 | 4,525,010 | 151,655,844 |
| Never Married | 3,099 | 1,965,811 | 63,775,926 |
| Married | 5,513 | 3,647,435 | 123,120,365 |
| Separated | 749 | 391,239 | 12,639,686 |
| Widowed | 827 | 515,172 | 15,467,586 |
| Divorced | 797 | 529,393 | 23,075,029 |
| Number Of House Hold | 4,766 | 3,167,345 | 111,826,380 |
| Average House Hold Size | 2.80 | 2.73 | 2.60 |
| Medial Age | 35.88 | 37.15 | 35.46 |
| Median House Hold Income | $60,770 | $63,392 | $48,276 |
| Average House Hold Income | $77,221 | $83,312 | $63,629 |
| P C I | $28,402 | $30,662 | $24,529 |
| M D I | $50,248 | $52,505 | $41,133 |
| A T H E | $58,371 | $61,369 | $50,898 |
| S T R | 7.00% | 7.00% | — |
| W C J | 78.15% | 81.02% | 77.74% |
(Zip) Code
8805
Data via Certihomes neighborhood index. Comparisons across this ZIP, county and the United States.
Map & walkability
Open in Google Maps →Recently sold nearby
Listing information last refreshed 8/11/2026. Provided courtesy of MASTER KEY REALTORS via Central Jersey Multiple Listing System, INC. Information deemed reliable but not guaranteed.