For Multi Family

261 W Main St,Bound Brook Boro, NJ 08805-1837

January 7, 2026

Welcome to 261 W Main Street in Bound Brook! This well-maintained multi-family duplex offers an excellent opportunity for investors or owner-occupants seeking additional rental income. Both units are currently rented to reliable tenants. The one-bedroom unit has a lease expiring at the end of August, while the two-bedroom unit is on a month-to-month lease, providing flexibility for future plans. Unit 1 features one bedroom, a full bathroom, in-unit laundry, and a dedicated parking space. Unit 2 offers two bedrooms, 1.5 bathrooms, in-unit laundry, and its own parking. The property boasts an expansive shared backyard with endless possibilities for outdoor enjoyment or future enhancements. Ideally located for commuters, the home is just four minutes from the Bound Brook train station and minutes from nearby shopping centers, grocery stores, dining, and retail options?combining convenience with strong rental appeal.

Property ID:PT-26416082-AXZR

Offer Type:For Multi Family

Property Type:Multi-Family

Price: 550,000 $

Bedrooms:3

Year Built:1895

Listing Details

Status: Active

Location

County: Somerset

Lotsize: 90X172

Lot Identifier: 26

Home Details

Open Parking: 4

Basement: Yes

Basmnt/Desc: Yes - Slab, Unfinished

Acreage: 0.36

Total Baths: 2.10

Unit Style: Duplex-Side by Side

Number of Units: 2

Rooms: 9

Easement/Desc: Unknown

Exterior Description: Stucco

Roof Description: Asphalt Shingle

Possesion: At closing

Unit 1 Appliances/Equipment: Carbon Monoxide Detector, Dryer, Fire Alarm System, Range/Oven - Gas, Refrigerator, Smoke Detector, Washer

Unit 1 Levels: 2

Unit 1 Rooms: 4

Unit 1 Beds: 1

Unit 1 Baths: 1.0

Unit 1 Owner/Tenant Pays: Owner Pays Water, Tenant Pays Electric, Tenant Pays Gas, Tenant Pays Heat

Unit 1 Handicap: No

Unit 1 Lease Expire: 2025-07-30

Unit 1 SqFt: 900

Unit 1 Rent: 1750

Unit 1 Room Description: Bedrooms, Eat-In Kitchen, Kitchen, Living Room

Unit 1 Security Deposit: 1750

Unit 2 Appliances/Equipment: Carbon Monoxide Detector, Ceiling Fan(s), Dryer, Fire Alarm System, Range/Oven - Gas, Refrigerator, Smoke Detector, Washer

Unit 2 Levels: 2

Unit 2 Rooms: 5

Unit 2 Beds: 2

Unit 2 Baths: 1.1

Unit 2 Owner/Tenant Pays: Owner Pays Water, Tenant Pays Electric, Tenant Pays Gas, Tenant Pays Heat

Unit 2 Handicap: No

Unit 2 Lease Expire: 2025-02-28

Unit 2 SqFt: 1100

Unit 2 Rent: 2700

Unit 2 Room Description: Attic, Bedrooms, Eat-In Kitchen, Kitchen, Living Room

Unit 2 Security Deposit: 2700

Color of Building: White

Block Identifier: 4

County Number: 27

Town Number: 2704

YB/Desc: 1895 - Standing

Color of Building: White

Easement: Unknown

Parking/Driveway Description: Crushed Stone

Block Identifier: 4

County Number: 27

Town Number: 2704

Possession: At closing

Taxes, Fees & Assessments

Gross Operating Income: 51600

Net Operating Income: 46675

Expense Include: Cold Water, Taxes

Warranty: No

Tax ID For Property: 2704-00004-0000-00026-0000-

Tax Amount: $8,699.00

Tax Year: 2024

Tax Rate: 2.269%

Tax Rate Year: 2025

Land Assessment: $143,700.00

Building Assessment: $286,000.00

Total Assessment: $429,700.00

FHA Age Restricted: No

Utilities

Water Heater: Gas

Heat Source: Electric, Gas-Natural

Heat System: Baseboard - Electric, Baseboard - Hotwater

Cool System: Wall A/C Unit(s)

Water: Public Water

Sewer: Public Sewer

Utilities: All Underground

Services: Fiber Optic Available

Schools

High School: BOUNDBROOK

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Listing Details

261 W Main St,Bound Brook Boro, NJ 08805-1837

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