Mixed-Use Investment
416 E Main St, Bound Brook, NJ 08805
Mixed-use property with retail and residential units near train.
Type:Commercial
Property size:
7,000 SFPrice / SF:
$314/SF- Added:
- Apr 6, 2026
- Days on Market:
- 58
- Last Refresh:
- Apr 8 at 8:07 pm
Property Features for 416 E Main St
General Information
- Standard status
- Active
- Size
- 7,000 SF
- Property subtype
- Commercial
Listing agent GENE KRUTYANSKY
Listing office EXP REALTY, LLC (866) 201-6210
Listing date Apr 6, 2026
Source Corcoran
Displayed information is deemed reliable but is not guaranteed and should be independently verified.
All listing content including descriptions, pricing, images are the copyrighted material of EXP REALTY, LLC
HighLights
- High rental income: Over $12,000 per month.
- Prime location: Heart of Bound Brook on East Main Street with high visibility.
- Mixed‑use property: Two retail storefronts and four residential units.
- Commuter‑friendly: Minutes from the train station.
- Updated property: Newer roof, drain, water pipes, and updated apartments.
- Strong investment potential: Multiple income streams and upside potential.
Overview
This mixed-use property is located in Bound Brook and features 2 retail storefronts with visibility along East Main Street, plus 4 residential units. Each residential unit offers 3 bedrooms and 1 full bath. The property is situated minutes from the train station. The property has a newer roof, drain, and water pipes, and almost all apartments have been updated. The property size is 7000 square feet.
Local Financial Insights For Mixed Use
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 | $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 Uses
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.
Location Intelligence
Current Use by Public Records
Storefront properties
Location Insight
- Map
- Local Demand
- City
- Bound Brook
- County
- Somerset
- State
- New Jersey
- Longitude
- -74.5293759
- Latitude
- 40.5614223
Nearby Similar for Sale
FAQs
What type of property is this?
Mixed-use property - Mixed-use property with retail and residential units near train.
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: **Heart of Bound Brook on East Main Street with high visibility.**; Mixed‑use property: Two retail storefronts and four residential units.
