South Bound Brook, NJ Multifamily Properties for Sale

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Franklin Twp, NJ Bound Brook, NJ Middlesex, NJ Somerset, NJ Manville, NJ Bridgewater, NJ Franklin, NJ Piscataway, NJ

Updated: Jun 30

Two-Family Residence with Large Yard

173 Clinton Street, South Bound Brook, NJ 08880

$629,900

3,598 sqft 0.30 AC lot

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
Two separate heating systems and two hot water heaters, with separate gas and electric meters and utilities for each unit
Full unfinished basement plus porch(es) and an exceptionally large rear yard

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This listing looks promising.

Here's a quick look at some key insights for

173 Clinton Street, South Bound Brook, NJ 08880

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Est. Cap Rate

8.2%
Above avg (5.9%)
Est. NOI

$51K
Annual
Price @ 7% Cap

$734K
Above asking
Property Type

Single Family Residence
Built 1920

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Updated: Jul 10

Refreshed Two-Family Corner Home

41 Elizabeth St, South Bound Brook, NJ 08880

$529,900

0.17 AC lot

Unique 2‑family home on a corner lot with a 6‑car driveway accessed from the street behind the home
First‑floor unit features a 22x14 great room with an updated kitchen, newer cabinets, and a 4‑piece appliance set
Second‑floor unit has its own entrance and includes a stackable washer and dryer for tenants
Thermal/thermopane windows/doors, updated electric, and refreshed interior and exterior
Roof is under 5 years old; two furnaces (3 years and 10 years old); one A/C unit is 3 years old

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Based on your search, we've compiled 20 Potential Opportunities for your consideration. Besides 2 Active listings in South Bound Brook, NJ, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 10 Off-Market properties to explore as potential leads, plus 4 Land Listings that present a potential for development.

Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

Side-by-Side Duplex With Two 3BR Units

512-516 Voorhees Avenue, Middlesex, NJ 08846

$575,000

2,204 sqft 0.22 AC lot

Two side-by-side 3-bedroom units with separate basements, porches, and separately metered utilities; sold strictly as-is.

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Side-by-Side Duplex with Two 3BR Units

512 Voorhees Ave, Middlesex, NJ 08846

$575,000

0.22 AC lot

Two occupied 3-bedroom, 1-bath units with separate basements and separate utility meters, sold strictly as-is.

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Multifamily Property in Bound Brook

3 E High Street E, Bound Brook, NJ 08805

$497,000

1,674 sqft 0.16 AC lot

Well-maintained multifamily property with stable rental income in Bound Brook.

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Mixed-Use Downtown Income Building

117 E Main St, Bound Brook, NJ 08805

Contact for pricing

Well-maintained mixed-use building with two commercial spaces and eight residential units near the train station.

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Potential Development Sites for Consideration

Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

Detached Two-Family Residence

69 Martense Street, Brooklyn, NY 11226

$1,888,888

0.10 AC lot

Detached two-family home with two 3-bedroom apartments and a semi-finished basement featuring a separate entrance.

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Flatbush Development Property For Sale

14 E 32nd Street lot: 13, Brooklyn, NY 11226

$1,249,000

1,407 sqft 0.09 AC lot

40 x 100 lot with R6, C1-2 zoning.

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Land Near Camelback Resort

250 Big Hill Pass, Scotrun, PA 18355

Contact for pricing

0.18 AC lot

Open lot near Camelback, suitable for RV, tiny home, or mobile.

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Vacant RV Community Lot

146 Rainbow Drive, Gouldsboro, PA 18424

Contact for pricing

Vacant lot in a lake-based RV vacation community, within walking distance to key recreation amenities.

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Off-Market Properties in South Bound Brook, NJ

Consider similar Off-Market properties in South Bound Brook, NJ. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

APARTMENT HOUSE (UNDER 5 UNITS)

126 Prospect St, S Bound Brook, NJ 08880-1264

$845,000

Estimated value

0.27 AC lot

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APARTMENT HOUSE (UNDER 5 UNITS)

18 Washington St, South Bound Brook, NJ 08880-1504

Value Estimation by Request

2,391 sqft 0.19 AC lot

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APARTMENT HOUSE (UNDER 5 UNITS)

2 Elizabeth St, South Bound Brook, NJ 08880

Value Estimation by Request

5,523 sqft 0.15 AC lot

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APARTMENT HOUSE (UNDER 5 UNITS)

153 Main St, South Bound Brook, NJ 08880

$505,000

Estimated value

1.25 AC lot

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APARTMENT HOUSE (UNDER 5 UNITS)

120 Prospect St, S Bound Brook, NJ 08880-1239

Value Estimation by Request

0.18 AC lot

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APARTMENT HOUSE (UNDER 5 UNITS)

141 Howard Ave, South Bound Brook, NJ 08880-1182

Value Estimation by Request

5,426 sqft 0.34 AC lot

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APARTMENT HOUSE (UNDER 5 UNITS)

159 Main St, South Bound Brook, NJ 08880-1469

$595,000

Estimated value

4.07 AC lot

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APARTMENT HOUSE (UNDER 5 UNITS)

203 Main St, South Bound Brook, NJ 08880-1482

$510,000

Estimated value

8.20 AC lot

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APARTMENT HOUSE (UNDER 5 UNITS)

115 Shields Ave, South Bound Brook, NJ 08880-1184

Value Estimation by Request

5,415 sqft 0.87 AC lot

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APARTMENT HOUSE (UNDER 5 UNITS)

155 Canal Rd, South Bound Brook, NJ 08880-1206

Value Estimation by Request

1,752 sqft 0.10 AC lot

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South Bound Brook, NJ Multifamily Properties Market Trends and Statistics

Explore 12 multifamily properties for sale in South Bound Brook, NJ on our real estate platform. These investment opportunities span a total of 3,598 square feet of properties for sale, with an estimated market value of $1,159,800.

Sale prices for multifamily properties in South Bound Brook, NJ start at $529,900, averaging $579,900, and reaching up to $629,900 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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Top Commercial Asset Segments

Commercial property segments ranked by active listings on the market

Demographics Overview

Population 4,833

Population Growth (5Y) +6.2%

Median Household Income $102,019

College Educated 29.6%

Taxes & Financing

Tax Rate (average for all types) 3.57%

Property Tax per SF $19.87 per SF

Tax Rate vs County Average 1.51 pp above county avg

Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Somerset County

New Delisted

Total CRE Inventory on Market (SF)

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South Bound Brook, NJ Multifamily Properties for Sale

173 Clinton Street, South Bound Brook, NJ 08880

41 Elizabeth St, South Bound Brook, NJ 08880