Two-Family Residence with Large
173 Clinton Street South Bound Brook, NJ 08880
173 Clinton Street, South Bound Brook, NJ, 08880
$629,900
For Sale
$629,900
MULTI_FAMILY - South Bound Brook, NJ
Property Size3,598 SF
Lot Size0.30 Acres
Price / SF$175.07
Days on Market19
Property Features for 173 Clinton Street
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Zoning
- R-2
- Bathrooms
- 3
- Rooms
- Basement, Bathroom 1, Bathroom 2, Den, Bathroom 3, Dining Room
- Patio and Porch features
- Porch
- Interior features
- Unit 1(3 Bedrooms, Kitchen, Living Room, Den/Family Room), Unit 2(Dining Room, Kitchen, 5+ Bedrooms, Living Room, 2+ Baths)
- Exterior features
- Porch(es) - Open, Sidewalk, Porch
- Appliances
- Water Heater(Gas), Water Heater
- Standard status
- Active
- APN
- 1900052000000007
- Size
- 3,598 SF
- Lot size
- 0.30 Acres
Taxes and HOA fees
- Tax Year
- 2024
- Tax Annual Amount
- 11848
Utilities
- Sewer type
- Public Sewer
- Heating system
- Hot Water(Heating), Baseboard
- Water source
- Public
Building Details
- Year built
- 1920
- Floors in Building
- 3
- Flooring type
- Carpet
- Building materials
- Wood Siding
- Roof type
- Flat
Listing Agency
BEST REALTY
(732) 819-8895
42 WOODBRIDGE AVENUE, NJ
Listed by
Bruce Parker · License #9482948
(908) 202-5738
Added: Jun 30 Checked: Jul 18 at 6:06 am
MLS# 2700060R
Listing URL
Copyright © 2026 All Jersey MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This two-family residence is designed for flexible living and straightforward operation. The property includes two well-sized apartments: the first-floor unit is vacant and ready for immediate occupancy, offering three bedrooms plus a versatile fourth room, an updated oversized eat-in kitchen, and a full bath with a tub/shower combination. A separate front staircase leads to the second apartment, which spans the second and third floors and includes five bedrooms, two full baths, a comfortable living room, and a recently renovated oversized kitchen with a spacious dining area.
Additional property features include a full unfinished basement, a rear staircase, two separate heating systems, two hot water heaters, and separate gas and electric meters with separate utilities for each unit.
Set on a lot with an exceptionally large rear yard, the home also offers convenient access to shopping, restaurants, and public transportation, with quick access to Route 287 for commuting.
Additional property features include a full unfinished basement, a rear staircase, two separate heating systems, two hot water heaters, and separate gas and electric meters with separate utilities for each unit.
Set on a lot with an exceptionally large rear yard, the home also offers convenient access to shopping, restaurants, and public transportation, with quick access to Route 287 for commuting.
Key Highlights
- Two‑family home built in 1920 with two separate apartments
- Unit 1 is vacant and ready for immediate occupancy with 3 bedrooms plus a versatile den/family room
- Unit 2 spans the 2nd and 3rd floors with 5+ bedrooms and 2+ baths and is currently tenant occupied
Local Financial Insights For Multifamily LT 5
Simulate Cap Rate and NOI
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.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $77.7k | $21.60 |
| − Vacancy | −$4.4k | −$1.21 |
| EGI | $73.4k | $20.39 |
| − OpEx | −$22.0k | −$6.12 |
| NOI | $51.3k | $14.27 |
3,598 SF · lease $21.60/SF/yr · vacancy 5.61% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$733.6K
$641.9K – $855.8K
NOI $51,350 @ 7.0% cap · market cap 8.15%
Second Best
Apartment 5plus
$638.4K
$558.6K – $744.9K
NOI $44,691 @ 7.0% cap · market cap 7.09%
Theoretical Best
Office A
$939.5K
$822.1K – $1.10M
NOI $65,766 @ 7.0% cap · market cap 10.44%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Duplexes
FAQs
What type of property is this?
Duplex - Well-maintained two-family home features two separate units, separate utilities, and an exceptionally large rear yard.
Where is this duplex located?
The property is located at 173 Clinton Street South Bound Brook, NJ.
What is the asking price?
The asking price for this property is $629,900.
What are key features of this property?
This property features: Two‑family home built in 1920 with two separate apartments; Unit 1 is vacant and ready for immediate occupancy with 3 bedrooms plus a versatile den/family room; Unit 2 spans the 2nd and 3rd floors with 5+ bedrooms and 2+ baths and is currently tenant occupied
