4 7th Street, New Brunswick, NJ 08901

$525,000
5
BD
5
BA

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Sold Price
$525,000
List Price
$735,000
Status
CLOSED
Type
Multifamily
MLS#
22400698
Closing Date
Mar 15, 2024
Beds
5
Baths
5
Region
New Brunswick (NWB)
Year Built
1927

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.

Additional Information

Acres
0.11
Zoning
Residential
Closing Date
Mar 15, 2024
Taxes
$9,573
Subtype
Four Family
Lot Description
Other
Year Built
1927
Basement
Full, Shared Storage
Roof
Shingle
Heat Ac
Forced Air
Parking Driveway
See Remarks, Detached
Garage
Yes
Garage Capacity
2
Stories
2
Units
4

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Calculator source: Real Geeks

Listing courtesy of EXP Realty. Contact:

Selling Office: EXP Realty.