Bound Brook, New Jersey.
Typical home $508,704 (+2.1% in a year), asking rent $2,070 (+9.9%). New York-Newark-Jersey City, NY-NJ-PA metro.
to buy the typical home at today's mortgage rate — +$1,565 (+142%) since Jan 2020.
- 1 year
- Up $10,442 +2%
- $498,262$508,704 since Sep 2025
- 5 years
- Up $136,114 +37%
- $372,590$508,704 since Sep 2021
Monthly payment to buy the typical home
Home value × that month's 30-year mortgage rate, 20% down, principal and interest. This is the line households feel: prices and rates compound each other.
- Bound Brook$2,670
- New Jersey$3,019
- United States$1,922
At the last five years' pace, a typical home here doubles in price every 11 years.
Typical home values in Bound Brook, NJ rose 2.1% over the past year — faster than the nation's +1.2%.
Asking rents in Bound Brook, NJ rose 9.9% over the past year — faster than the nation's +2.7%.
Owning the typical home in Bound Brook runs $1,913/mo more than renting one. The gap peaked at $2,120 in May 2025.
That is $3,983 a month against $2,070 rent: a $2,670 mortgage payment, plus $768 property tax and $545 insurance & upkeep.
Owning vs renting — Bound Brook
The owning line is the typical home's monthly payment at that month's rate, plus property tax and insurance & upkeep; the renting line is the typical asking rent; the grey line is the mortgage payment on its own. Same homes, same months, both ways of paying for a roof.
- Owning all in$3,983
- Renting$2,070
- Mortgage only$2,670
Property tax · $768/mo 1.81% of value a year — the ACS 2020-2024 median bill over the median home value for Somerset County, NJ
Insurance & upkeep · $545/mo insurance, maintenance and repairs together, from the BLS Consumer Expenditure Survey — the national figure for mortgaged homeowners, scaled to this market's home value. BLS publishes the three bundled and they cannot be split.
Both are priced off the same month's home value, so they rise with the market. Neither is a quote — a specific home's bill depends on its assessment, its age and its insurer.
Living in Bound Brook, Somerset County, New Jersey
Bound Brook is a borough of 11,988 people in Somerset County. Half its households earn more than $90,571 a year and half less, against $140,374 across Somerset County; 11% of its people live below the poverty line. 45% of its homes are lived in by their owners and 55% are rented. Unemployment in Somerset County was 4.1% in August 2026, and the county had 1.0% more jobs in 2025 than the year before. The most residents work in schools and health care, then professional services.
Written by AI Claude Sonnet 5.5 wrote this on 23 October 2026 from the figures here, a list of nearby places and what it knows. It can be wrong or out of date.
What it’s like
The place. Bound Brook is a borough with a younger population than many New Jersey towns, and more renters than owners. Incomes here run well below the county's, and homes and rents are priced high for what households earn. Winters are cold, with January the coldest month, summers turn properly warm by July, and a good deal of rain and melted snow falls over the year.
Work. Residents work mostly in schools, hospitals and social care, with many others in professional and business services, manufacturing and shops. Across Somerset County, some of the largest workplaces are Robert Wood Johnson University Hospital at Somerset, Johnson & Johnson and Verizon Communications. The typical commute is a fairly ordinary one, and only a small share of people work from home.
Things to do. The Millstone River runs in or beside town, and the Raritan River is a short drive away, which makes for easy time by the water. For a day out, Princeton Art Museum is a longer drive away, as is the Statue of Liberty, one of the best known tourist attractions in the country.
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- 4,605households
- 27%of adults have a degree
- 11%below the poverty line
- 24 mintypical commute
- 9%work from home
What residents work in
Employed residents by industry, from the Census survey. Somerset County had 192,374 jobs in 2025, 1.0% more than the year before (Bureau of Labor Statistics).
Weather through the year
Coldest in January, with highs near 39° and lows near 19°; warmest in July, with highs near 86° and lows near 62°. About 47 inches of rain and melted snow a year.
Average daily high and low, 1991–2020, at the Somerville Northwest weather station, 7 miles away (NOAA).
Largest workplaces in Somerset County
- Verizon CommunicationsWired telecommunications carriers9,184
- Johnson JohnsonMed devices r and d innovative medicine manufacturing car t4,244
- AmazonGeneral warehousing and storage2,620
- Bridgewater - Bausch HealthCorporate offices1,537
- Robert Wood Johnson Univ Hosp @ SOMGeneral hospital1,536FTE
- Franklin Township Public School DistrictSchool district1,494FTE
- Bridgewater-Raritan Regional School DistrictSchool district1,404FTE
- Hillsborough Township Public School DistrictSchool district1,134FTE
Staff on average in 2025, as each workplace reported it to OSHA with its injury records: 248 workplaces with 20 or more staff, 57,234 people in all across the county; Bound Brook has two of its own. Hospitals come from their Medicare cost reports (CMS, 2023) and school districts from the Common Core of Data (NCES, 2023–24); FTE marks full-time equivalent staff. Not listed: many offices and banks, which need not report to OSHA; military bases, whose staff OPM withholds; and, in about half the states, city and county governments.
Natural hazards
- Inland floodingRelatively high
- Winter weatherRelatively high
- Ice stormsRelatively moderate
- Strong windRelatively moderate
- LightningRelatively moderate
- Heat wavesRelatively moderate
FEMA’s National Risk Index (December 2025) rates the risk each natural hazard poses to the people, buildings and farms in Bound Brook’s census tracts, against the rest of the country; all of them together, relatively moderate. It is meant for planning, not a substitute for a local risk assessment or a flood map: FEMA’s index.
From the U.S. Census Bureau’s 2020 census and its American Community Survey (2020–2024 five-year estimates), and the Bureau of Labor Statistics. A survey, so each figure has a margin of error, and figures it is not sure of are left out. More on Somerset County and the New York-Newark-Jersey City, NY-NJ-PA metro.
Bound Brook home values
Zillow measures a city over its municipal boundary. Against the state and national figures, mid-tier homes, smoothed and seasonally adjusted.
- Bound Brook$508,704
- New Jersey$575,123
- United States$366,157
Levy by levy, and a check of one home’s own bill, the site covers Ohio’s property tax.
When this market ran hot
Each cell is that month's year-on-year home-value growth. Read left to right, top row is the latest year — the 2021–22 band is the boom.
Market heat, inside the city limits
Homes for sale
Active for-sale inventory. More supply hands power to buyers.
- Bound Brook17
New listings per month
Sellers arriving at the market.
- Bound Brook6
Zip codes with a Bound Brook address
A different geography, not a breakdown. The figure above covers the municipality; these zips cover everywhere the Post Office calls Bound Brook — often including townships beyond the city limits. Both come straight from Zillow, and they are not expected to average out.