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408 Union Ave

Bound Brook, NJ 08805

5 bd 3 ba 19,998 sqft Built 1890 Lot 19,602 sqft multi_family
Most recent sale
$555,000
Jan 18, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Feb 26, 2026 Listed $689,000 GardenState
Jan 18, 2022 Sold $555,000 MLS #3753284
Nov 19, 2019 Price changed for rent $1,650 GardenState
Oct 13, 2019 Listed for rent $1,850 GardenState
Sep 13, 2019 Sold $350,000 MLS #3553877
Dec 3, 2010 Sold $270,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $338,500 $220,200 $558,700 $12,330
2024 $338,500 $220,200 $558,700 $12,080
2023 $321,400 $177,700 $499,100 $11,768
2022 $305,900 $160,700 $466,600 $11,609
2021 $253,100 $109,700 $362,800 $10,209
2020 $233,000 $101,200 $334,200 $10,317
2019 $225,300 $92,700 $318,000 $10,294
2018 $201,200 $92,700 $293,900 $9,799
2017 $198,300 $92,700 $291,000 $9,926
2016 $226,500 $62,900 $289,400 $9,799
2015 $257,300 $71,400 $328,700 $10,883
2014 $257,300 $79,900 $337,200 $11,559
2013 $257,400 $113,900 $371,300 $10,318
2012 $249,600 $113,900 $363,500 $9,858
2011 $249,600 $113,900 $363,500 $9,644
2010 $249,600 $113,900 $363,500 $9,560
2009 $249,600 $113,900 $363,500 $9,356
2008 $103,400 $86,600 $190,000 $9,593
2007 $103,400 $86,600 $190,000 $9,114

Property facts

Year built
1890
Property type
multi_family
Stories
3
Beds
5
Baths
3
Living area
19,998 sqft
Lot size
19,602 sqft
ZIP code
08805
City
Bound Brook
Street
Union Ave
Coordinates
40.56612, -74.52928

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$3,330
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 408 Union Ave last sell?
408 Union Ave most recently sold on Jan 18, 2022 for $555,000.
What is the current tax assessment for 408 Union Ave?
The most recent total assessment for 408 Union Ave (year 2025) is $558,700 with $12,330 in property tax.
How does 408 Union Ave's assessment compare to its last sale price?
The current assessment is 0.7% above the last sale price of $555,000.
When was 408 Union Ave built?
408 Union Ave was built in 1890.
How does 408 Union Ave compare to others on Union Ave?
We track 8 other properties on Union Ave. Browse the list under "Other properties on Union Ave" to compare beds, baths, and sale history.
What are the property facts for 408 Union Ave?
408 Union Ave is a 5 bed, 3 bath, 19,998 sqft, 19,602 sqft lot multi_family.
Is 408 Union Ave a flip candidate?
No — 408 Union Ave does not appear in our flips dataset.
Is 408 Union Ave a tax-appeal candidate?
No — 408 Union Ave is not currently flagged as a tax-appeal candidate.

Forecast for this area

ZIP-area linear projection — not a per-property automated valuation
Quarterly trend
+0.6%
Implied 1-yr
+2.2%
2026 Q3
$507.2K
2026 Q4
$509.9K
ZIP 08805 — Median Price History + Forecast

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