Investment Property for Sale at 142 George Street in New Brunswick, NJ for $599,900

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142 George Street | New Brunswick

$599,900 | 6 Beds | 3 Baths (3 Full) | 1,920 Sq. Ft.

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. CJMLS 2561386M

MLS Listing ID: 
CJMLS 2561386M
Building Details
Details about the building on a property.
Stories: 
3
Year Built: 
1920
Age: 
0
Living Area: 
1,920
Basement: 
Full
Interior: 
2 Bedrooms, Kitchen, 4 Bedrooms
Room Details
Details about the rooms in the building.
Total Rooms: 
9
Total Bedrooms: 
6
Total Bathrooms: 
3
Total Full-Bathrooms: 
3
Total Half-Bathrooms: 
0
Utilities
Information about utilities available on the property.
Heating System: 
Baseboard
Water Source: 
Public
Sewer: 
Public Sewer
Lot/Land Details
Details about the lots and land features included on the property.
Acres: 
0.07
Lot Size (Area): 
0.07
Lot Size (Dimensions): 
29X108
Public Record
Parcel Number: 
1300137000000012
Annual Tax: 
$13,079.00
Listing Participants
Participants (agents, offices, etc.) in the transaction.
Listing Office Name: 
RE/MAX FIRST REALTY, INC.

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