Ben Bay Realty - 38 Division Street New Brunswick 08901 NJ

$729,90038 Division StreetNew Brunswick, NJ, 08901

38 Division Street New Brunswick 08901 NJ photo

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Primary Features

Lot Size Square Feet: 2875 sqft.
Rooms: 15
Property Type: Residential Income
Property Sub Type: 3 Family
Year Built: 1907

Other Features

Flooring: n/a
Foundation Details: n/a
Heating: Zoned, Radiators-Hot Water
Parking Features: On Street
Roof: Asphalt
Utilities: Electricity Connected, Natural Gas Connected
Electric: n/a

Location

Street Address: 38 Division Street
City: New Brunswick
State: NJ
County: Middlesex
Postal Code: 08901
Zoning: 5TH

Pricing & Sale Info

List Price: $729,900
Tax Annual Amount: $10,774
MLS#: 2216331R
Last Change Timestamp: Oct 18, 2022
Source MLS: Central Jersey MLS

About This Property

Don't miss this cash COW and RARE opportunity, in the much desired Rutgers students rental area! All three units always rented & easily rented. Units 2 & 3 are in very good shape: have new kitchen cabinets & some flooring, and are recently painted throughout (rent is somewhat below market rent). Unit 1's tenant has been residing there for 9+ year and the rent is well below market rent. Unit 1 could use updated (if updated, talk with New Brunswick rent control so they can explain the equation they use to increase the rent above the maximum allowed by rent control). Property being sold "as-is" condition (no know issues exist) and occupancy (rents are all current).

Central Jersey MLS

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