Investment Property for Sale at 55 Suydam Street in New Brunswick, NJ for $590,000

55 Suydam Street | New Brunswick

$590,000 | 1,540 Sq. Ft.

Welcome to this recently renovated, fully detached 2-family home ideally located just steps from Rutgers University and the heart of New Brunswick. Set on a generous 50x100 lot with a private driveway that fits multiple cars, this property is perfect for investors or end-users seeking both space and income potential. The first-floor unit is a modern 1-bedroom apartment currently collecting $2,200/month, featuring an open eat-in kitchen, bright living room, spacious bedroom, and full bath. The second-floor unit offers 2 bedrooms, a full bath, kitchen, and living room, plus a rear terrace overlooking the backyard... an inviting spot for morning coffee or evening relaxation. Both units come with their own laundry rooms, complete with 2 washers and 2 dryers. A full basement houses the mechanicals, including separate heating, central AC, and hot water tanks for each unit... ensuring tenants pay their own utilities and maximizing your returns. The immense backyard is ideal for hosting gatherings, barbecues, or simply enjoying outdoor space rarely found so close to campus. This is a rare chance to move right in or hand-pick your tenants. Located in a prime neighborhood near Rutgers University, shopping, dining, and major highways, this property is a versatile investment: collect steady rental income, or live in one unit while your tenants help pay the mortgage. Don't miss this exceptional opportunity in the heart of New Brunswick! CJMLS 2604137R

MLS Listing ID: 
CJMLS 2604137R
Building Details
Details about the building on a property.
Stories: 
2
Year Built: 
1920
Age: 
0
Living Area: 
1,540
Basement: 
Full, Daylight, Exterior Entry
Interior: 
Kitchen, Kitchen
Construction
Roof: 
Asphalt
Room Details
Details about the rooms in the building.
Total Rooms: 
7
Total Bedrooms: 
0
Total Bathrooms: 
0
Total Full-Bathrooms: 
0
Total Half-Bathrooms: 
0
Utilities
Information about utilities available on the property.
Heating System: 
Radiant, Forced Air
Water Source: 
Public
Sewer: 
Public Sewer
Lot/Land Details
Details about the lots and land features included on the property.
Acres: 
0.11
Lot Size (Area): 
0.11
Lot Size (Dimensions): 
100.00 x 50.00
Public Record
Parcel Number: 
130015600000001101
Annual Tax: 
$7,571.00
Listing Participants
Participants (agents, offices, etc.) in the transaction.
Listing Office Name: 
RE/MAX CENTRAL

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