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Off market
  • $765,700

    225 Somerset St, Bound Brook, NJ 08805

    5beds
    4baths
    3,179sqft
    MultiFamily
    Built in 1890
    -- sqft lot
    $765,700 Zestimate®
    $241/sqft
    $2,385 Estimated rent

    Home value

    $765,700

    $697,000 - $835,000

    $2,385/mo

    Zestimate® history
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    $5,683/mo

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    What's special

    Good condition, 4 unit structure. Great investment opportunity. Roof 1 year old. New hot water heater. Includes 1 unit 2 bedrooms, 1 unit 1 bedroom, 1 unit 1 bedroom w/extra room, 1 unit studio. Never an issue with securing tenancies. Not a flood zone. Tenants pay electric and gas. Landlord pays water, building insurance, lawn and snow. Easy access to Bound Brook train station, about 1/2 mile max. Near bus line. Near Rts 22, 28, 202/206. High ceilings. Well maintained. Full basement and walk up attic.

    This property is not currently displayed as for sale or rent on Zillow. This may be different from what's on other websites or public sources.

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 5
    • Bathrooms: 4
    Heating
    • Baseboard, Gas
    Cooling
    • None
    Appliances
    • Included: Dryer, Refrigerator, Washer
    Features
    • Wood Floors, Smoke Detector, Carbon Monoxide Detector, Fire Extinguisher
    • Flooring: Hardwood
    • Basement: Yes
    Interior area
    • Total interior livable area: 3,179 sqft

    Property

    Parking
    • Total spaces: 6
    • Parking features: Off-street
    Features
    • Exterior features: Vinyl
    Lot
    • Size: 0.28 Acres
    Details
    • Parcel number: 0400066000000009

    Construction

    Type & style
    • Home type: MultiFamily
    Materials
    • Roof: Asphalt
    Condition
    • Year built: 1890

    Utilities & green energy

    • Sewer: Public Sewer
    • Utilities for property: Gas-Natural

    Community & HOA

    Location
    • Region: Bound Brook

    Financial & listing details

    • Price per square foot: $241/sqft
    • Tax assessed value: $698,000
    • Annual tax amount: $15,838

    Price history

    DateEventPrice
    9/30/2019Sold$490,000+11.4%$154/sqft
    Source: GSMLS #3580334 Report a problem
    8/25/2019Pending sale$439,900$138/sqft
    Source: RE/MAX PREMIER #3580334 Report a problem
    8/14/2019Listed for sale$439,900+4.7%$138/sqft
    Source: RE/MAX PREMIER #3580334 Report a problem
    2/17/2017Listing removed$975
    Source: RE/MAX Premier #3364238 Report a problem
    2/14/2017Listed for rent$975-23.5%
    Source: RE/MAX Premier #3364238 Report a problem
    1/10/2016Listing removed$1,275
    Source: RE/MAX Premier Report a problem
    1/6/2016Listed for rent$1,275+75.9%
    Source: RE/MAX Premier Report a problem
    11/27/2014Listing removed$725
    Source: RE/MAX Premier - Warren #3184804 Report a problem
    11/20/2014Listed for rent$725-23.7%
    Source: RE/MAX Premier - Warren #3184804 Report a problem
    3/7/2013Listing removed$950
    Source: RE/MAX Premier - Warren #3001607 Report a problem
    3/1/2013Listed for rent$950-24%
    Source: RE/MAX Premier - Warren #3001607 Report a problem
    12/6/2012Listing removed$1,250
    Source: RE/MAX Premier - Warren #2975973 Report a problem
    10/12/2012Listed for rent$1,250+66.7%
    Source: RE/MAX Premier - Warren #2975973 Report a problem
    3/5/2011Listing removed$750
    Source: RE/MAX Premier Report a problem
    1/12/2011Listed for rent$750
    Source: RE/MAX Premier Report a problem
    11/3/2004Sold$420,000$132/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$15,838 +169.2%$698,000 +169.2%
    2024$5,884 -57.9%$259,300 -56.2%
    2023$13,964 +2.6%$592,200 +5.2%
    2022$13,609 $563,000 +16.4%
    2021-- $483,600 +9.1%
    2020$10,611 +3.4%$443,300 +35.2%
    2019$10,262 -0.4%$327,800 +6.5%
    2018$10,305 -6.4%$307,800 +1.9%
    2017$11,008 -6.9%$302,100 -7.1%
    2016$11,827 +17.1%$325,100 -9%
    2015$10,099 -7.6%$357,200 +21.2%
    2014$10,924 +4.7%$294,600 -25.1%
    2012$10,429 +0.9%$393,100
    2011$10,339 +2.2%$393,100
    2010$10,118 -22.7%$393,100
    2009$13,097 $393,100 +51.5%
    2008-- $259,400
    2007-- $259,400
    2006-- $259,400
    2005-- $259,400
    2004$8,829 $259,400
    2003-- $259,400
    2002-- $259,400
    2001-- $259,400
    Find assessor info on the county website

    Neighborhood: 08805

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • Elementary: LAFAYETTE
    • Middle: SMALLEY
    • High: BOUNDBROOK

    Source: The MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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    Estimated market value
    $765,700
    Get a cash offer in 3 minutes
    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $765,700