Bound Brook, NJ

  • Overview
  • Performance
  • Listings
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Key Performance Metrics

Market snapshot

Performance indicators for the Bound Brook short-term rental market based on reliable data.

Listings

16 / 39

Reliable / Active

Cap Rate

7%

Middle-Earners Gross Yield

Revenue

$33,635

Middle-Earners Revenue

Occupancy

89%

Middle-Earners Occupancy

Home Value

$496,307

Median Home Sale Price

Top Earners

$44,343

Top-Earners Revenue

Bound Brook

Market Revenue Seasonality

Top Listings

Highest revenue

The highest-performing listings in Bound Brook.

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D

Unfriendly to Investors

Bound Brook Regulations

Bound Brook explicitly prohibits all short-term rentals for stays of 90 days or less under Ordinance 2023-040, with no permitting process available and penalties up to $1,000 per violation plus eviction proceedings. This complete ban makes STR investment impossible, representing an extremely unfriendly regulatory environment for investors.

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About Bound Brook

Bound Brook is a borough in Somerset County, in the U.S. state of New Jersey, located along the Raritan River. As of the 2020 United States census, the borough's population was 11,988, an increase of 1,586 (+15.2%) from the 2010 census count of 10,402, which in turn reflected an increase of 247 (+2.4%) from the 10,155 counted in the 2000 census, .Bound Brook was originally incorporated as a town by an act of the New Jersey Legislature on March 24, 1869, within portions of Bridgewater Township. On February 11, 1891, it was reincorporated as a borough, based on the results of a referendum held on the previous day.

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