$632,000
$599,900
5.4%For more information regarding the value of a property, please contact us for a free consultation.
6 Beds
3 Baths
1,920 SqFt
SOLD DATE : 07/15/2025
Key Details
Sold Price $632,000
Property Type Multi-Family
Sub Type 2 Family
Listing Status Sold
Purchase Type For Sale
Square Footage 1,920 sqft
Price per Sqft $329
MLS Listing ID 2561386M
Sold Date 07/15/25
Bedrooms 6
Full Baths 3
Year Built 1920
Annual Tax Amount $13,079
Tax Year 2024
Lot Size 3,131 Sqft
Acres 0.0719
Lot Dimensions 29X108
Property Sub-Type 2 Family
Source CJMLS API
Property Description
Excellent Investment Opportunity - Well-Maintained 2-Family in Prime New Brunswick Location. Don't miss out on this exceptional chance to own a well-maintained, income-producing 2-family home in the heart of New Brunswick. Featuring 6 bedrooms and 3 bathrooms, this property sits on an oversized 29 x 108 lotdirectly across from Rutgers University and just minutes from downtown's vibrant restaurants, shops, and nightlife. Located in a high rental demand area, this property offers excellent income potential with tenants already in place. Utilities (gas, electric, and heat) are tenant-paid, keeping your overhead low. The expansive driveway accommodates 6+ cars, with additional off-street parking available. This turnkey investment is ready for you to start collecting rent immediatelyno major work needed. With a current cap rate of 7.7%, this is a rare opportunity to earn a strong return in a growing market.
Location
State NJ
County Middlesex
Zoning R-5A
Rooms
Basement Full
Interior
Interior Features Unit 1(1 Bath, 2 Bedrooms, Kitchen, Living Room), Unit 2(2+ Baths, 4 Bedrooms, Kitchen)
Heating Baseboard
Cooling A/C Wall Unit(s)
Appliance Water Heater(Gas), Water Heater
Heat Source Natural Gas
Exterior
Utilities Available Electricity Connected, Natural Gas Connected
Building
Lot Description Level
Story 3
Sewer Public Sewer
Water Public
Others
Senior Community no
Tax ID 1300137000000012
Ownership Fee Simple
Energy Description Natural Gas
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