RARE Multi-Family Mixed Use Property in East Brunswick! (UNIT 1 ~1,650sqft) is a spacious 3 bedroom 2 full bath residential unit. This unit is currently rented to section 8- guaranteed rent! Opportunity to easily convert this 3 bedroom unit into a 4 bedroom unit (there is a second living room on the 2nd level that can easily be converted into a 4th bedroom). Great way to increase rent! (UNIT 2 ~1,205sqft) is a Commercial Unit that is currently rented to a painting company and has a 1/2 bath. There is also a separate office space with a separate entrance and features 1 full bath, 1 office and 1 foyer/lobby space that is currently not rented. Commercial SIGN in the front yard great for advertising your business- heavy traffic area. Rents currently under market value- great opportunity for upside. There are many options with this property- renovate it and appreciate your equity or simply rent the property for instant cash flow. 10 car parking lot.
Sold for $560,000
$560,000
295 Milltown Rd, East Brunswick, NJ 08816
3beds
2,016sqft
Multi Family
Built in 1950
-- sqft lot
$689,500 Zestimate®
$278/sqft
$3,043 Estimated rent
Home value
$689,500
$641,000 - $745,000
$3,043/mo
Zestimate® history
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What's special
Zillow last checked: 8 hours ago
Listing updated: November 16, 2025 at 10:36pm
Listed by:
ANDREW MARRONE,
RE/MAX FIRST REALTY, INC. 732-257-3500
Source: All Jersey MLS,MLS#: 2352558M
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 4
- Full bathrooms: 3
- 1/2 bathrooms: 1
Heating
- Forced Air
Cooling
- A/C Central - Some, A/C Wall Unit(s), Unit 1(A/C Central)
Appliances
- Included: Water Heater(Gas), Water Heater, Unit 1(Dryer, Range/Oven, Refrigerator, Washer)
Features
- Unit 1(2+ Baths, 3 Bedrooms, Den/Family Room, Kitchen, Living Room)
- Basement: Full, Finished, Bath Full, Bath Half, Daylight, Divided Use, Tenant Use
Interior area
- Total structure area: 2,016
- Total interior livable area: 2,016 sqft
Property
Parking
- Parking features: 4(+)Car Parking, See Remarks
Features
- Stories: 2
- Exterior features: Curbs, Door(s)-Storm/Screen, Fencing/Wall
- Fencing: Fencing/Wall
Lot
- Size: 0.37 Acres
- Dimensions: 100X162
- Features: Easements/Right of Way
Details
- Parcel number: 04003171300034
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Roof: Asphalt
Condition
- Year built: 1950
Utilities & green energy
- Gas: Natural Gas
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Electricity Connected, Natural Gas Connected
Community & neighborhood
Community
- Community features: Curbs
Location
- Region: East Brunswick
Other
Other facts
- Ownership: Fee Simple
Price history
| Date | Event | Price |
|---|---|---|
| 3/1/2024 | Sold | $560,000-10.4%$278/sqft |
Source:  All Jersey MLS #2352558M Report a problem | ||
| 1/29/2024 | Contingent | $625,000$310/sqft |
Source: All Jersey MLS #2352558M Report a problem | ||
| 1/8/2024 | Price change | $625,000-3.8%$310/sqft |
Source: All Jersey MLS #2352558M Report a problem | ||
| 12/18/2023 | Listed for sale | $650,000$322/sqft |
Source: All Jersey MLS #2352558M Report a problem | ||
| 11/1/2023 | Contingent | $650,000$322/sqft |
Source: All Jersey MLS #2352558M Report a problem | ||
Public tax history
Tax history is unavailable.
Neighborhood: 08816
Nearby schools
GreatSchools rating
- 7/10Memorial Elementary SchoolGrades: PK-4Distance: 0.4 mi
- 5/10Churchill Junior High SchoolGrades: 7-9Distance: 1.8 mi
- 9/10East Brunswick High SchoolGrades: 10-12Distance: 1.4 mi
Get a cash offer in 3 minutes
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Estimated market value$689,500
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$689,500