$689,000 Price Analysis    ♡   New Brunswick, NJ 08901 Unknown bed 0 bath unknown SqFt ($0/SqFt) 5,009SqFt lot. Built 1920 Listed 2024-04-23, Taxes $11,570 | Ⓧ USDA Ineligible due to location near New Brunswick |
Attention real estate investors!
* No Longer For Sale *
Your browser will attempt to redirect you to the city level in a few seconds.
Here's an incredible opportunity to acquire a 3-family house with huge potential for income growth in the sought-after area of Brand new Brunswick. Despite the below-market rental income, this property boasts vast units, making it ideal for tenants seeking proximity to the Rutgers campus. Currently has long term tenants who pay all utilities. Units 1 and 2 each pay $1, 846 per mnth rent. Unit 3 pays $1, 345 per month rent. With its prime location, this property offers a tremendous upside potential, allowing you to maximize your Return On Investment.
Parking can be a nightmare in this bustling neighborhood, but this property offers a large private driveway, providing the much-needed off-street parking that is a valuable commodity in this area. This is a big selling point, as it can provide f antastic convenience and save you plenty of headaches. The location of this property is unbeatable, with the Rutgers campus a block away and close to Robert Wood Johnson, train station, highways, shops and restaurants. This prime location offers tremendous rental demand, ensuring high occupancy rates and consistent cash flow. This is a rare opportunity to own a profitable 3-family house in an unbeatable location, with tremendous upside potential. Don't let this opportunity pass you by!
Presented by Christian Kavanaugh at
Keller Williams Realty.
Property MLS #2410942R from CJMLS
Basement Description: Full, Bath Half, Storage Space, Tenant Use, Utility Room, Laundry Facilities
Kitchen
1 Bath
Living Room)
Unit 2(3 Bedrooms
Kitchen
1 Bath)
Unit 3(2 Bedrooms
Kitchen
1 Bath
Living Room)
Window Features: Blinds
Water Heater
Unit 1(Range/Oven
Refrigerator)
Unit 2(Range/Oven
Refrigerator)
Unit 3(Range/Oven
Refrigerator)
Laundry Features: In Basement
Heating Features: Radiators-Hot Water
Heating: Yes
Porch(es) - Open
Sidewalk
Fencing/Wall
Blinds
Porch
Private Entrance
Storage Area-Common
Fencing: Fencing/Wall
Patio And Porch Features: Porch(es) - Open, Porch
Lot Size Acres: 0.115
Lot Size Dimensions: 0.00 x 0.00
Lot Size Square Feet: 5009
Calculated Total Monthly Association Fees: 0
Source Listing Status: Closed
County: Middlesex
Tax Year: 2022
Ownership: Fee Simple
Source Property Type: Residential Income
Number of Separate Electric Meters: 4
Number of Separate Gas Meters: 3
Number of Separate Water Meters: 1
Owner Pays: Unit 1 Owner Pays(See Remarks), Unit 2 Owner Pays(See Remarks), Unit 3 Owner Pays(See Remarks)
Parcel Number: 1300194000000025
Zoning: R-5A
Zoning Description: Conform to Zoning
Property Subtype: 3 Family
Source System Name: C2C
Coming Soon Date: 2024-04-23
| Year | Assessments Building + Land Total | Tax |
|---|---|---|
| 2023 | $292,500 + $162,500 $455,000 | $11,570 |
| 2022 | $292,500 + $162,500 $455,000 | $11,324 |
| 2021 | $292,500 + $162,500 $455,000 | $11,279 |
| 2020 | $292,500 + $162,500 $455,000 | $11,238 |
| 2019 | $292,500 + $162,500 $455,000 | $11,024 |
| 2018 | $292,500 + $162,500 $455,000 | $10,774 |
| 2017 | $292,500 + $162,500 $455,000 | $10,346 |
| 2016 | $122,600 + $33,800 $156,400 | $9,174 |
| 2015 | $122,600 + $33,800 $156,400 | $8,955 |
| 2014 | $122,600 + $33,800 $156,400 | $8,795 |
| 2013 | $122,600 + $33,800 $156,400 | $8,725 |
| 2012 | $122,600 + $33,800 $156,400 | $8,561 |
| 2011 | $122,600 + $33,800 $156,400 | $8,340 |
| 2009 | $122,600 + $33,800 $156,400 | $7,862 |
| 2008 | $122,600 + $33,800 $156,400 | $7,638 |
| 2007 | $122,600 + $33,800 $156,400 | $6,772 |
$700,000
CJMLS
Listed 2024-04-23
$689,000
CJMLS
Listing removed 2024-04-22
$689,000
CJMLS
Listing removed 2024-04-07
$689,000
CJMLS
Listed 2024-01-25
$689,000
CJMLS
Listing removed 2023-10-29
$689,000
CJMLS
Listing removed 2023-10-25
$689,000
CJMLS
Listing removed 2023-10-06
$689,000
CJMLS
Relisted 2023-09-28
$689,000
CJMLS
Listing removed 2023-08-18
$0
CJMLS
Listed 2023-07-29
$689,000
CJMLS
Listing removed 2017-08-21
$1,300
CJMLS
Listed for rent 2017-05-21
$1,300
CJMLS
Sold 2004-02-17
$425,000
Public Record
Building Area Units: Square Feet
Building Features: Blinds, Porch, Private Entry, Storage Area-Common
Construction Materials: Metal Siding
Foundation Details: Full, Basement
Living Area Units: Square Feet
Property Age: 104
Roof: Asphalt
Building Total Stories: 3
Gas: Natural Gas
Sewer: Public Sewer
Electricity Connected
Natural Gas Connected
Water Source: Public
Map directions Map directions Map directionsThe property loan eligibility may be subject to additional requirements beyond geographical location including but not limited to the condition of the property. Speak with a real estate professional to find out more about the eligibility of a specific property.