Off market

Tax assessed value

$423,000

5 Drake St, Bound Brook, NJ 08805

5beds

3baths

1,789sqft

MultiFamily

Built in 1929

-- sqft lot

$-- Zestimate^®

$236/sqft

$2,478 Estimated rent

Home value

Not available

Estimated sales range

Not available

$2,478/mo

Zestimate^® history

Owner options

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$2,478/mo

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$2,478/mo

Rent Zestimate^®

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$2,980/mo

Est. payment

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$2,980/mo

Est. payment

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What's special

Great investment property with positive cash flow. 2 rented apartments and rented garage. Property managed by professional management company. Walk out basement. Basement is partially finished with 2 bonus rooms and full bath. Basement entrance from Unit 1 - 1st floor apartment. Private driveway with detached garage. Detached garage rented for an additional $100 per month. Not a short sale. Bring all offers.

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: 3

Heating

Baseboard, Gas

Interior area

Total interior livable area: 1,789 sqft

Property

Parking

Total spaces: 2
Parking features: Garage - Detached, Off-street

Features

Exterior features: Vinyl

Lot

Size: 4,438 Square Feet

Details

Parcel number: 0400006000000011

Construction

Type & style

Home type: MultiFamily

Materials

Roof: Asphalt

Condition

Year built: 1929

Community & HOA

Location

Region: Bound Brook

Financial & listing details

Price per square foot: $236/sqft
Tax assessed value: $423,000
Annual tax amount: $9,598

Price history

Date	Event	Price
11/30/2015	Sold	$198,000-5.3%$111/sqft
Source: Public Record Report a problem
9/20/2014	Listing removed	$209,000$117/sqft
Source: Weichert Realtors #3151250 Report a problem
6/21/2014	Listed for sale	$209,000+93.5%$117/sqft
Source: Weichert Realtors #3151250 Report a problem
6/4/2012	Sold	$108,000-27.5%$60/sqft
Source: GSMLS #2871188 Report a problem
8/18/2011	Listing removed	$149,000$83/sqft
Source: Century 21 Louis Pompilio Inc. Report a problem
7/14/2011	Listed for sale	$149,000-56.8%$83/sqft
Source: Century 21 Louis Pompilio Inc. Report a problem
7/13/2006	Sold	$345,000+115.6%$193/sqft
Source: Public Record Report a problem
12/20/2001	Sold	$160,000+114.4%$89/sqft
Source: Public Record Report a problem
1/27/1995	Sold	$74,631$42/sqft
Source: Public Record Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$9,598 -0.9%	$423,000 -0.9%
2024	$9,686 +3.9%	$426,900 +7.9%
2023	$9,326 +12.5%	$395,500 +10.6%
2022	$8,290	$357,600 +21.4%
2021	--	$294,600 +14.8%
2020	$7,753 +14%	$256,700 +7.2%
2019	$6,798 -0.9%	$239,500 +17.5%
2018	$6,860 +2.3%	$203,900 +1.4%
2017	$6,704 -12%	$201,100 +1.6%
2016	$7,619 -3.4%	$198,000 -14%
2015	$7,888 -5.7%	$230,100
2014	$8,368 +4.7%	$230,100 -23.6%
2012	$7,988 +0.9%	$301,100
2011	$7,919 +2.2%	$301,100
2010	$7,750	$301,100
2009	--	$301,100 +141.5%
2008	--	$124,700
2007	--	$124,700 +3.7%
2006	--	$120,200
2005	--	$120,200
2004	$4,207	$120,200
2003	--	$120,200
2002	--	$120,200
2001	--	$120,200