Open House Sun, Nov 28th 01:00 PM - 02:00 PM - Price Reduction
Address
142 George St New Brunswick City, NJ
Price
$ 485,000
Property Attributes
  • MLS#3747663
  • TypeMulti-Family
  • CountyMIDDLESEX
  • CityNew Brunswick City
  • AreaNew Brunswick City
  • Zip08901
  • Style3-Three Story
  • Year Built1920
  • Taxes$ 12335
  • Price$ 485,000
  • Bedrooms6
  • Full Bathrooms3
  • Half Bathrooms0
  • Lot Size3,049 SqFt
Listing Provided Courtesy Of:
COLDWELL BANKER REALTY
Data Source:
Garden State MLS (GSMLS) - 38 - NJ
Property Description

Don't miss out on this wonderful opportunity to acquire this well maintained income producing 2 Family property in the heart of New Brunswick. Situated on an over-sized 29 x 108 lot the property sits directly across from Rutgers University. Short commute to campus and the short commute to downtown NB's restaurants and nightlife. Full occupancy pre and post covid. High Rental Demand Area. Post vacancy's to the Rutgers Housing FB page and watch vacancy's fill up in days! Each unit has separate utilities. Tenants pay gas electric, heat, hot water and water! Off-Street parking for 6+ cars. Well maintained property so all you have to do is collect the rent. Ability to earn a significant return on your investment. Cap Rate 8.2%.

Price History
10/20/2021 Listed $499,000
11/25/2021 3% - $485,000

General Features

Architectural Style 3-Three Story
Basement Unfinished
Cooling Window A/C(s)
Drive Off-Street Parking, See Remarks
Garage See Remarks
Heating Radiators - Hot Water
Interior Features Fire Extinguisher, Smoke Detector
Open Parking Spaces 6
Roof Asphalt Shingle
Sewer Public Sewer
Tax Annual Amount 12335
Total Units 2
Town # 2113
Township New Brunswick City
Utilities All Underground

Interior Features

Fuel Type Gas-Natural
Unit 1 Appl/equip Carbon Monoxide Detector, Range/Oven - Gas, Refrigerator, Smoke Detector, Washer
Unit 1 Baths Total 1.0
Unit 1 Beds Total 2
Unit 1 Handicap Modified No
Unit 1 Levels 2
Unit 1 Room Description Bedrooms, Kitchen, Laundry Room, Living/Dining Room, Master Bedroom, Sunroom
Unit 1 Rooms 7
Unit 1 Sq Ft 9999
Unit 2 Appl/equip Carbon Monoxide Detector, Fire Alarm System, Microwave Oven, Range/Oven - Gas, Refrigerator, Smoke Detector
Unit 2 Baths Total 2.0
Unit 2 Beds Total 4
Unit 2 Handicap Modified No
Unit 2 Levels 2
Unit 2 Room Description Attic, Bedrooms, Eat-In Kitchen, Master Bedroom, Porch
Unit 2 Rooms 9
Unit 2 Sq Ft 9999
Unittype1totalrent 1500
Unittype2totalrent 2647

Exterior Features

Exterior Description Vinyl Siding
Lot Dimensions 029X108
Water Source Public Water

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Multi-Family Average in 08901

Price
AVG $540K
$490K
Taxes
AVG $8,659
$12,335
Visits
AVG 75
6
Year Built
AVG 1937
1920
Walkscore
AVG 84
84
Data Provided by Walkscore ® not using MLS data