Excellent investment opportunity in a prime South Bound Brook location! This updated two-family home offers two spacious units, each featuring 2 bedrooms and 1 full bath. Both units were renovated in 2024, featuring new kitchens and bathrooms, newer appliances and modern finishes throughout. Each unit also features its own washer and dryer for added convenience. Separate utilities provide an ideal setup for an owner-occupant or investor. The property also offers a full, partially finished basement providing plenty of additional storage space, off-street parking and a yard for outdoor enjoyment. Live in one unit while generating rental income from the other, or add a move-in-ready multi-family property to your investment portfolio. Conveniently located near shopping, dining, transportation and major highways. A fantastic opportunity in the heart of South Bound Brook!
Active
$675,000
240 Cedar St, South Bound Brook Boro, NJ 08880
4beds
2,000sqft
Multi Family
Built in 1950
-- sqft lot
$-- Zestimate®
$338/sqft
$-- HOA
What's special
Off-street parkingYard for outdoor enjoymentTwo spacious unitsNew kitchens and bathrooms
- 24 days
- 736
- 39
Zillow last checked:
Listing updated:
Listed by:
Mildred Correa 908-766-0085,
Keller Williams Towne Square Real
Source: GSMLS,MLS#: 4046031
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 2
- Full bathrooms: 2
Heating
- 2 Units, Forced Air, Natural Gas
Appliances
- Included: Dishwasher, Range/Oven - Gas, Refrigerator, Washer/Dryer Stacked, Stackable Washer/Dryer, Gas Water Heater
- Laundry: Laundry Room
Features
- Bedrooms, Kitchen, Living Room
- Flooring: Tile, Wood
- Basement: Yes,Partially Finished,Full
- Has fireplace: No
Interior area
- Total structure area: 2,000
- Total interior livable area: 2,000 sqft
Property
Parking
- Total spaces: 7
- Parking features: 1 Car Width, 2 Car Width, Asphalt, Gravel, Off Street, See Remarks
- Uncovered spaces: 7
Features
- Levels: Two
- Stories: 2
- Fencing: Metal Fence,Partial
Lot
- Size: 6,534 Square Feet
- Dimensions: 50 x 134
- Features: Corner Lot
Details
- Parcel number: 2719000230000000280000
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Aluminum Siding
- Roof: Asphalt Shingle
Condition
- Year built: 1950
Utilities & green energy
- Gas: Gas-Natural
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Electricity Connected, Natural Gas Connected, Cable Available, Garbage Included
Community & HOA
Community
- Security: Carbon Monoxide Detector(s), Smoke Detector(s), Carbon Monoxide Detector, Smoke Detector
Location
- Region: South Bound Brook
Financial & listing details
- Price per square foot: $338/sqft
- Tax assessed value: $250,000
- Annual tax amount: $10,035
- Date on market: 8/10/2026
- Exclusions: Personal items
- Total actual rent: 4840
- Tenant pays: Electricity, Gas, Tenant Pays Heat, Water, Tenant Pays Electric, Tenant Pays Gas, Tenant Pays Water
- Electric utility on property: Yes
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 8/10/2026 | Listed for sale | $675,000+10.7%$338/sqft |
Source: | ||
| 10/2/2024 | Listing removed | $2,350$1/sqft |
Source: | ||
| 9/24/2024 | Listed for rent | $2,350$1/sqft |
Source: | ||
| 9/24/2024 | Listing removed | $2,350-5.1%$1/sqft |
Source: | ||
| 9/12/2024 | Price change | $2,475-1%$1/sqft |
Source: | ||
| 8/21/2024 | Price change | $2,500-7.4%$1/sqft |
Source: | ||
| 7/22/2024 | Listed for rent | $2,700+134.8%$1/sqft |
Source: | ||
| 4/18/2024 | Sold | $610,000+8%$305/sqft |
Source: | ||
| 3/16/2024 | Pending sale | $565,000$283/sqft |
Source: | ||
| 2/9/2024 | Listed for sale | $565,000-6.6%$283/sqft |
Source: | ||
| 11/21/2023 | Listing removed | -- |
Source: | ||
| 9/21/2023 | Listed for sale | $605,000+95.2%$303/sqft |
Source: | ||
| 10/13/2015 | Listing removed | $1,150$1/sqft |
Source: Weichert Realtors #3253705 Report a problem | ||
| 9/19/2015 | Listed for rent | $1,150$1/sqft |
Source: Weichert Realtors #3253705 Report a problem | ||
| 9/19/2015 | Listing removed | $310,000$155/sqft |
Source: Weichert Realtors #3235738 Report a problem | ||
| 7/2/2015 | Listed for sale | $310,000$155/sqft |
Source: Weichert Realtors #3235738 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $9,555 | $250,000 |
| 2024 | $9,555 +1% | $250,000 |
| 2023 | $9,465 +8.6% | $250,000 |
| 2022 | $8,718 | $250,000 |
| 2021 | -- | $250,000 |
| 2020 | $8,508 +0.6% | $250,000 |
| 2019 | $8,460 | $250,000 |
| 2018 | $8,460 +0.4% | $250,000 |
| 2017 | $8,430 -15.3% | $250,000 |
| 2016 | $9,954 +2.5% | $250,000 -19.4% |
| 2015 | $9,715 +4.8% | $310,200 |
| 2014 | $9,269 +5.8% | $310,200 |
| 2012 | $8,760 +0.9% | $310,200 |
| 2011 | $8,683 +3.7% | $310,200 |
| 2010 | $8,375 +3.9% | $310,200 |
| 2009 | $8,064 | $310,200 +113.3% |
| 2008 | -- | $145,400 |
| 2007 | -- | $145,400 |
| 2006 | -- | $145,400 |
| 2005 | -- | $145,400 |
| 2004 | $5,990 | $145,400 |
| 2003 | -- | $145,400 |
| 2002 | -- | $145,400 |
| 2001 | -- | $145,400 |
Find assessor info on the county website
Monthly payment
Est. payment





