Home prices
The median home value in Bound Brook is $273,700. Compared to the surrounding areas it is roughly $36,860 (11%) lower.In comparison to the entire nation it is about $56,200 (25%) higher, and is roughly $332,300 (54%) lower in comparison to the city of New York.
Rents
In Bound Brook the median rent is $1,443 a month. Compared to its nearby areas this is approximately $113 (7%) lower.In comparison to the United States as a whole it is roughly $381 (35%) higher, and it is is very similar compared to the city of New York.
Nearby places
South Bound Brook
South Bound Brook is Bound Brook's neighbor to the southeast. The real estate prices there are a bit less expensive. The value of the median home in South Bound Brook is $248,800, which is $24,900 (10%) lower than Bound Brook. The rent there is pretty similar. The median rent in South Bound Brook is $1,422 a month, which works out to $21 (1%) lower than Bound Brook.
Finderne
Finderne is Bound Brook's neighbor to the west. Real estate prices there are a bit more expensive. The median home price in Finderne is $297,300, which works out to $23,600 (7%) higher than Bound Brook. Rents there are somewhat more expensive. Finderne's median rent is $1,574 a month, which comes out to $131 (8%) higher than Bound Brook.
Middlesex
Middlesex is Bound Brook's neighbor to the east. The real estate prices there are a bit more expensive. Middlesex's median home cost is $307,000, which comes out to $33,300 (10%) higher than Bound Brook. Rents there are fairly similar. In Middlesex the median monthly rent is $1,416, which works out to $27 (1%) lower than Bound Brook.
Franklin Center
Franklin Center is roughly 2 miles south from Bound Brook. Its housing prices are significantly more expensive. The cost of the median home in Franklin Center is $437,700, which comes out to $164,000 (37%) higher than Bound Brook. Rents there are somewhat more expensive. In Franklin Center the median monthly rent is $2,013, which works out to $570 (28%) higher than Bound Brook.
Manville
Manville is approximately 2 miles southwest from Bound Brook. Real estate prices there are similar. The value of the median home in Manville is $262,000, which comes out to $11,700 (4%) lower than Bound Brook. Its rents are a little less expensive. In Manville the median rent is $1,355 per month, which comes out to $88 (6%) lower than Bound Brook.