198-200 EA Main Street, Bound Brook Boro, NJ 08805
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$1,500,000
Est. payment /mo
8,000 SqFt
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Key Details

Property Type Single Family Home

Sub Type Mixed Use

Listing Status Active

Purchase Type For Sale

Square Footage 8,000 sqft

Price per Sqft $187

MLS Listing ID 4063264

Year Built 1900

Annual Tax Amount $16,361

Tax Year 2025

Lot Size 4,791 Sqft

Property Sub-Type Mixed Use

Property Description

This property is located within a qualified opportunity zone, which is one of Bound Brook's two federally designated tax-incentive zones. Sits at the corner of East Main St and Mountain Ave. making it highly viable for transit-oriented mix use re-development. Real estate listings for this specific corner plot note that local overlay potential supports vertical development up to six floors, allowing investors to stack local redevelopment bonuses with federal capital gains tax exclusions. Renovated 4 units mix use building , 3 commercial spaces and 1 large 3 bedrooms 2 full baths apartment. 4 electric meters, 3 central air/heat units. Located directly adjacent to the Bound Brook train Station with a municipal large parking lot. Close to major highways , shopping centers, schools and more.

Location

State NJ

County Somerset

Zoning 2SB

Interior

Heating Electric, Gas-Natural

Cooling 3 Units, Central Air

Flooring Laminate, Tile

Equipment Restrooms - Private, Smoke Detector

Heat Source Electric, Gas-Natural

Exterior

Exterior Feature Brick/Block

Utilities Available Gas In Street

Roof Type Rubberized

Garage No

Building

Story 2

Sewer Public Sewer

Water Public Water

Others

Ownership Fee Simple


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Garden State MLS(GSMLS)
Listed by AMERICAN DREAM REALTY NJ LLC

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Name

Name

Phone*

Phone

Message

Message
Naveen Sharma

+1(732) 429-0939

naveen@fourpointrealty.com

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198-200 EA Main Street