Bound Brook Mixed-Use
416 E Main St, Bound Brook, NJ 08805
Commercial - Bound Brook Boro, NJ
Property size:
7,000 SFLot size:
0.10 AcresPrice / SF:
$314/SF- Added:
- Apr 6, 2026
- Days on Market:
- 53
- Last Refresh:
- May 28 at 1:06 am
Property Features for 416 E Main St
General Information
- Property type
- Commercial Sale
- Property subtype
- Other
- Zoning
- commercial
- Rooms
- Basement
- Basement Y/N
- 1
- Standard status
- Active
- Size
- 7,000 SF
- Lot size
- 0.10 Acres
Taxes and HOA fees
- Tax Year
- 2025
- Tax Annual Amount
- 15842
Utilities
- Heating system
- Baseboard, Hot Water (Heating)
Building Details
- Floors in Building
- 3
- Number of units
- 6
- Building materials
- Block, Brick
- Roof type
- Flat
- Architectural style
- Other
Listing agent GENE KRUTYANSKY (866) 201-6210
Listing office EXP REALTY, LLC 28 VALLEY ROAD, Montclair, NJ (866) 201-6210
Listing date Apr 6, 2026
MLS# 4018647
Listing URL
Copyright © 2026 Garden State MLS, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
HighLights
- High rental income: Over $12,000 per month.
- Prime location: In the heart of Bound Brook on East Main Street, with strong visibility.
- Mixed‑use property: Features 2 retail storefronts and 4 residential units.
- Commuter‑friendly: Minutes from the train station.
- Updated property: Newer roof, drain, water pipes, and almost all apartments have been updated.
- Low property taxes.
Overview
This mixed-use property is located in Bound Brook Boro, NJ. The property features 2 retail storefronts with visibility along East Main Street, along with 4 residential units. Each residential unit includes 3 bedrooms and 1 full bath. The property is situated minutes from the train station. The building has a newer roof, drain, and water pipes, and almost all apartments have been updated. The property size is 7000 square feet, situated on a lot of 0.1 acres. The property is zoned for commercial use. The property generates over 12k/month of rental income.
Financial Insights
Value Estimation Calculated for Mixed Use
Conservative
$1.31M
NOI $117,634 @ 9.00% cap · cautious / downside scenario
Moderate
$1.68M
NOI $117,634 @ 7.00% cap · market / base-case scenario
Aggressive
$2.35M
NOI $117,634 @ 5.00% cap · optimistic / upside scenario
NOI & Cap Rate Calculator
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
Calculated for Mixed Use
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $241.9k | $34.56 |
| − Vacancy | −$53.7k | −$7.67 |
| EGI | $188.2k | $26.89 |
| − OpEx | −$70.6k | −$10.08 |
| NOI | $117.6k | $16.80 |
7,000 SF · lease $34.56/SF/yr · vacancy 22.20% · expense 37.50%
Alternative Use Scenarios
Best Use
Mixed Use
$1.68M
$1.47M – $1.96M
NOI $117,634 @ 7.0% cap · market cap 5.35%
Second Best
Retail
$1.43M
$1.25M – $1.67M
NOI $99,913 @ 7.0% cap · market cap 4.54%
Theoretical Best
Office A
$1.83M
$1.60M – $2.13M
NOI $127,949 @ 7.0% cap · market cap 5.82%
Zoning and permitted uses should be independently verified with local authorities.
Property Profile
Location Intelligence
Current Use by Public Records
Storefront properties
Location Insight
- Map
- Local Demand
- City
- Bound Brook
- County
- Somerset
- State
- New Jersey
- Longitude
- -74.52937
- Latitude
- 40.56154
Nearby Similar for Sale
FAQs
What type of property is this?
Mixed-use property - Mixed-use property with retail and residential units in Bound Brook.
Where is this mixed-use property located?
The property is located at 416 E Main St Bound Brook, NJ.
What is the asking price?
The asking price for this property is $2,199,000.
What are key features of this property?
This property features: High rental income: Over $12,000 per month.; Prime location: In the heart of Bound Brook on East Main Street, with strong visibility.; Mixed‑use property: Features 2 retail storefronts and 4 residential units.
