Financial
Distress signals
Property profile

214 W Union Ave Bound Brook, NJ 08805

FOR SALE
Commercial real estate
Property ID
US59-2174601
1,883 SF 0.3 ac lot Built 1916
Last sale Apr 2020 · $340,000
Individually Owned Owner of record is an individual. 3-yr Hold Held for 3 years. Free & Clear No active or open recorded mortgage detected.
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Market Trends Soon

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Mortgages

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2022

What does the county charge?
$9k
Tax billed · 2022
Assessed value · 2023$401k
Assessed land$200k
Assessed improvement$201k
Effective rate2.37%

Value estimate

· Sep 2026
$405k
$365k – $446k
AI approach$380k
NOI build-up
Gross scheduled income$65k
Vacancy & credit loss−$4k
Operating expenses−$18k
NOI · 4.30% cap applied$43k

Realmo valuation models over county records and 13 qualifying comparable sales.

Recently sold

What actually traded nearby?
$256/SF
County average, outlier-cleaned · 255 recorded sales of this use type
Observed band · Q1–Q3$161 – $386
Qualifying comparables13

Cap rate analysis

How does the asset earn?
4.30%
$43k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

No data for this section
What can be built here?

No zoning code is on file for this parcel. Coverage grows with every catalog release.

JurisdictionSOMERSET

Location intelligence

Which uses thrive at this corner?
Best fit: Skin Care Clinic
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Skin Care Clinic10.7
Realty agency10.1
Daycare Center9.9

Location

214 W Union Ave Bound Brook, NJ 08805
County assessor Recorded deeds · 5 transfers 13 qualifying comp sales Zoning catalog · not on file

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 6 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
465 Un, Bound Brook, NJ 08805-1223 $900,000 Dec 2025 No data
441 Talmadge, Bound Brook, NJ 08805-1894 $950,000 Jul 2024 3,494 SF
200 Un, Bound Brook, NJ 08805-1762 $500,000 Jun 2024 2,120 SF
209 Un, Bound Brook, NJ 08805-1720 $525,000 Dec 2023 2,325 SF
6 Un, Bound Brook, NJ 08805-1794 $900,000 Nov 2023 6,152 SF
316 Talmadge, Bound Brook, NJ 08805-1898 $460,000 Apr 2023 2,660 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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