8 Prospect Street, New Brunswick NJ 08901

Property City
New Brunswick
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Property Price
$599,999
Rooms
14
Bedrooms
0
Bathrooms
3
Tax Annual Amount
$6696
Roof (*text)
Asphalt
Lot Size Area
0.0574
MLS Status
Active
MLS #
2614145R
Excellent income‑producing 3‑family property in the heart of New Brunswick, next to the hospital and short distance to NJ Transit trains. Rare, fully rented 3‑family with basement offering strong cash flow. Unit 1 features 2 BR / 1 FB, Kitchen & LR ($1,756/mo). Unit 2 features 1 BR / 1 FB, Kitchen & LR ($1,350/mo). Unit 3 features 1 BR / 1 FB, Kitchen & LR ($1,300/mo). Units 1 & 2 gas heat, Unit 3 electric heat. Separate electric & gas meters. Tenants pay electric/gas; owner pays water. Newer flooring throughout, new roof, updated fire escape and rear stairs. Owner invested nearly $50K in improvements over past 5 years. 2025 Gross Income $52,872. Expenses $20,389.23. NOI $32,482.77. Cap Rate 5.41%. Prime location near Rutgers, hospitals, transportation, and downtown amenities. Showings begin 05/09/26. Do not miss this opportunity!
Roofing (*text)
Asphalt
Days On Market
0
CarportSpaces
0
GarageSpaces
0
Lot Size Dimensions
100.00 x 0.00
Property Location

40.4937273, -74.452375

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buynjhome Jagdeep

Jagdeep Singh

+1(848)242-6762