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.
For sale
$599,900
142 George St, New Brunswick, NJ 08901
6beds
1,920sqft
Est.:
Multi Family
Built in 1920
-- sqft lot
$605,600 Zestimate®
$312/sqft
$-- HOA
What's special
- 15 days
- on Zillow |
- 683 |
- 26 |
Zillow last checked: 7 hours ago
Listing updated: April 24, 2025 at 10:39am
Listed by:
Christina Kaplun,
RE/MAX FIRST REALTY, INC. 732-257-3500,
John Espin,
RE/MAX FIRST REALTY, INC.
Source: All Jersey MLS,MLS#: 2561386M

Travel times
Tour with a buyer’s agent
Tour with a buyer’s agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 6
- Bathrooms: 3
- Full bathrooms: 3
Heating
- Baseboard
Cooling
- A/C Wall Unit(s)
Appliances
- Included: Water Heater(Gas), Water Heater
Features
- Unit 1(1 Bath, 2 Bedrooms, Kitchen, Living Room), Unit 2(2+ Baths, 4 Bedrooms, Kitchen)
- Basement: Full
Interior area
- Total structure area: 1,920
- Total interior livable area: 1,920 sqft
Property
Features
- Stories: 3
Lot
- Size: 3,132 Square Feet
- Dimensions: 29X108
- Features: Level
Details
- Parcel number: 1300137000000012
- Zoning: R-5A
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Condition
- Year built: 1920
Utilities & green energy
- Gas: Natural Gas
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Electricity Connected, Natural Gas Connected
Community & HOA
Location
- Region: New Brunswick
Financial & listing details
- Price per square foot: $312/sqft
- Tax assessed value: $499,400
- Annual tax amount: $13,079
- Date on market: 4/16/2025
- Ownership: Fee Simple
- Electric utility on property: Yes
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