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Side-by-Side Duplex for Sale

27-29 Fisher Ave Bound Brook, NJ 08805

27-29 Fisher Ave, Bound Brook, NJ, 08805
$649,000
Pending
For Sale
$649,000
Pending

MULTI_FAMILY - Bound Brook Boro, NJ

Property Size1,904 SF
Lot Size0.11 Acres
Days on Market108

Property Features for 27-29 Fisher Ave

General Information

Property type
Residential Multi Family
Property subtype
Other
Bedrooms
4
Bathrooms
3
Rooms
Bedroom 4, Bathroom 2, Bedroom 3, Basement, Bathroom 3, Bedroom 1, Bedroom 2, Bathroom 1
Parking
4
Patio and Porch features
Patio
Interior features
Carbon Monoxide Detector, Vinyl-Linoleum Floors
Exterior features
Patio
Standard status
Pending
Size
1,904 SF
Lot size
0.11 Acres

Taxes and HOA fees

Tax Year
2025
Tax Annual Amount
8331

Utilities

Sewer type
Public Sewer
Heating system
Forced Air
Water source
Public

Building Details

Year built
1975
Floors in Building
2
Number of units
2
Roof type
Shingle
Architectural style
Other
Listing Agency RE/MAX INNOVATION
3877 HIGHWAY 516, Old Bridge, NJ
Listed by RICHARD BAJADA
Added: Apr 1 Checked: Jul 17 at 2:06 pm
MLS# 4018054 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.


Investment Insights

Based on property information with market context.

This side-by-side duplex offers two separate 2-bedroom units, with each side featuring its own living room and eat-in kitchen/dining area. Unit 1 is owner occupied and includes 1.5 bathrooms, with laminate flooring throughout. Unit 2 is tenant occupied and includes a spacious eat-in kitchen and a living room with one full bathroom. Both units have full basements with storage space, and washer and dryer hook-ups are available. The home also benefits from updated furnaces (approximately 7 years old) and a roof estimated at about 15 years old.

The property is set on a 0.11-acre lot and includes separate driveways for each side of the house. A private back yard extends behind the units, with a shed and patio area.

For buyers seeking a residential income property with two self-contained units, this duplex provides practical separation through its side-by-side configuration, dedicated driveways, and private outdoor space. With basements in each unit for storage and laundry hook-ups, it is well suited for tenants who prefer additional space beyond the main living areas.

Key Highlights

  • Side‑by‑side duplex with 2 bedrooms on each side; Unit 1 owner occupied and Unit 2 tenant occupied
  • Unit 2 tenant rent is $1,750; features include a spacious eat‑in kitchen, living room, and 1 full bathroom
  • Each unit has a full basement with washer and dryer hook‑ups and plenty of storage area

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 $41.1k $21.60
− Vacancy −$2.3k −$1.21
EGI $38.8k $20.39
− OpEx −$11.6k −$6.12
NOI $27.2k $14.27
1,904 SF · lease $21.60/SF/yr · vacancy 5.61% · expense 30.00%

Alternative Uses

Best Use
Multifamily LT 5
$388.2K
$339.7K – $452.9K (±1% cap)
NOI $27,173 @ 7.0% cap · market cap 4.19%
Second Best
Apartment 5plus
$337.9K
$295.6K – $394.2K (±1% cap)
NOI $23,650 @ 7.0% cap · market cap 3.64%
Theoretical Best
Office A
$497.2K
$435.0K – $580.0K (±1% cap)
NOI $34,802 @ 7.0% cap · market cap 5.36%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Duplexes

Suggested Use

Daycare Center Carpet & Flooring Store Skin Care Clinic Tech Support Center Butcher Storage Facility Tattoo & Piercing Shop Catering Service Acupuncture (Bike/Boat/Book/etc) Store

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Duplex - Two side-by-side units with basements, private drives, and private yard space support steady residential income opportunities.
Where is this duplex located?
The property is located at 27-29 Fisher Ave Bound Brook, NJ.
What is the asking price?
The asking price for this property is $649,000.
What are key features of this property?
This property features: Side‑by‑side duplex with 2 bedrooms on each side; Unit 1 owner occupied and Unit 2 tenant occupied; Unit 2 tenant rent is $1,750; features include a spacious eat‑in kitchen, living room, and 1 full bathroom; Each unit has a full basement with washer and dryer hook‑ups and plenty of storage area
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