Howard Street New Brunswick, NJ 08901

$899,000
6
Beds
4
Baths
0.11
Acres
2,500
SQFT
360
$/SQFT
$899,000
6
Beds
4
Baths
2,500   sf
$360 / sf
Favorite

active
1/37
virtual tour iconVirtual Tour
Street View

Investor's Dream - Solid Brick 4-Family with Stable Income & Low Expenses! Don't miss this rare opportunity to acquire a fully occupied, solid brick four-family building with strong bones, excellent long-term tenants, and immediate cash flow. With a total monthly rental income of $5,675 and annual gross income of $68,100, this property is a solid addition to any investor's portfolio. The two 2-bedroom units rent for $1,650 each, while the one-bedroom units rent for $1,175 and $1,200. All units are separately metered for gas and electric, with tenants covering their own utilities. The landlord pays only water and sewer, approximately $800 per quarter, and benefits from very low property taxes, further maximizing ROI. The building offers four off-street parking spaces and a detached two-car garage. The property features two separate entrances, each providing access to a pair of unitsone on the first floor and one on the second. The dry, structurally sound basement has two access points and houses all individual furnaces, water heaters, and utility meters. Three tenants are on month-to-month leases and have lived in the building for many years; one tenant recently signed an annual lease beginning April 2025. All are cooperative and responsible, making this a smooth, low-maintenance investment. This is a rare chance to own a high-performing asset in a great locationschedule your showing today before it's gone!oute 18, shopping, and downtown New Brunswick.

Investor's Dream - Solid Brick 4-Family with Stable Income & Low Expenses! Don't miss this rare opportunity to acquire a fully occupied, solid brick four-family building with strong bones, excellent long-term tenants, and immediate cash flow. With a total monthly rental income of $5,675 and annual gross income of $68,100, this property is a solid addition to any investor's portfolio. The two 2-bedroom units rent for $1,650 each, while the one-bedroom units rent for $1,175 and $1,200. All units are separately metered for gas and electric, with tenants covering their own utilities. The landlord pays only water and sewer, approximately $800 per quarter, and benefits from very low property taxes, further maximizing ROI. The building offers four off-street parking spaces and a detached two-car garage. The property features two separate entrances, each providing access to a pair of unitsone on the first floor and one on the second. The dry, structurally sound basement has two access points and houses all individual furnaces, water heaters, and utility meters. Three tenants are on month-to-month leases and have lived in the building for many years; one tenant recently signed an annual lease beginning April 2025. All are cooperative and responsible, making this a smooth, low-maintenance investment. This is a rare chance to own a high-performing asset in a great locationschedule your showing today before it's gone!oute 18, shopping, and downtown New Brunswick.

  • Neighborhood
  • Type
  • Total Baths
  • County
    Middlesex
  • Area
    New Brunswick
  • Tax Amount
    $9,947
  • Status
    Active
  • Listing #
    2561847M
  • Built
    1940
  • Lot Size
    0.11
  • Listed on site
    5 days

Listed by:
Realty One Group Central

mls source logo Listing provided courtesy of Central Jersey MLS
Click for Map
Smart Commute Planner
Add a destination

Property details

Community Features

  • No HOA

Property Features

  • Sewer
  • Public Water

Exterior features

  • Has garage
  • Garage Detached
  • No Pool
  • Basement
Favorite

Tour This Home

Tue
01Jul
Wed
02Jul
Thu
03Jul
Fri
04Jul
Sat
05Jul
Sun
06Jul
Mon
07Jul
Tue
08Jul
Wed
09Jul
Thu
10Jul
Fri
11Jul
Sat
12Jul
Sun
13Jul
Mon
14Jul
in Person
via Video Call