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Key Details
Sold Price $525,000
Property Type Multi-Family
Sub Type Four Family
Listing Status Sold
Purchase Type For Sale
Square Footage 3,262 sqft
Price per Sqft $160
Municipality New Brunswick (NWB)
MLS Listing ID 22400698
Sold Date 03/15/24
Bedrooms 5
Full Baths 4
Half Baths 1
Originating Board Monmouth Ocean Regional Multiple Listing Service
Year Built 1927
Annual Tax Amount $9,573
Tax Year 2022
Lot Size 4,791 Sqft
Acres 0.11
Lot Dimensions 50 x 100
Property Description
4 family home on a 50 x 100 lot with an additional bungalow & a detached 2 car garage. Fair market rent puts this at a 12% cap rate. Tremendous opportunity in Red Hot New brunswick right off of Livingston avenue bordering north brunswick. Needs minor cosmetic updates, however this home can be brought back to life. Perfect for investor or first time homebuyer, looking to live in one unit and rent the other 3. Located near Rutgers, Superior court house, train station, local hospital, fine restaurants & shopping. Route 18, turnpike, route 1, route 27 are all nearby, bordering North Brunswick. Green card up to date. CO & township certs responsibility of buyer.
Location
State NJ
County Middlesex
Area None
Direction US-1 S via the ramp to Trenton, Use the right lane to take the NJ-171 N ramp to New Brunswick, Take Hermann Rd to 7th St in New Brunswick
Rooms
Basement Full, Shared Storage
Interior
Heating Forced Air
Cooling Multi Units, Other
Flooring Wood
Exterior
Garage See Remarks, Detached
Garage Spaces 2.0
Waterfront No
Roof Type Shingle
Parking Type See Remarks, Detached
Garage No
Building
Lot Description Other
Sewer Public Sewer
Water Public
Others
Senior Community No
Tax ID 13-00462-0000-00038-01
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Bought with EXP Realty
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