142 George Street
New Brunswick, NJ 08901
- 6 beds
- 3 baths
- 1,920 sqft
- 3,132 sqft lot
- $312 per sqft
- 1920 build
- – on site
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.
Last checked:
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Last updated Apr 16, 2025
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MLS# 2561386M —
The Building
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Year Built:1920
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Stories:3
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Stories Total:3
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Basement:Full
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Building Area Total:1920
Interior
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Interior Features:Unit 1(1 Bath,2 Bedrooms,Kitchen,Living Room), Unit 2(2+ Baths,4 Bedrooms,Kitchen)
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Living Area:1920
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Rooms Total:9
Room Dimensions
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Living Area Units:Square Feet
Financial & Terms
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Ownership:Fee Simple
Location
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Latitude:40.4863249
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Longitude:-74.4393692
The Property
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Property Type:Residential Income
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Property Subtype:2 Family
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Zoning:R-5A
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Parcel Number:1300137000000012
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Lot Features:Level
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Lot Size Area:0.0719
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Lot Size Acres:0.0719
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Lot Size SqFt:3,132 Sqft
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Lot Size Dimensions:29X108
Listing Agent
- Contact info:
- No listing contact info available
Taxes
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Tax Year:2024
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Tax Annual Amount:$13,079
Beds
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Bedrooms Total:6
Baths
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Baths:3
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Baths:3
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Full Baths:3
Heating & Cooling
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Heating:Baseboard
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Heating:true
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Cooling:A/C Wall Unit(s)
Utilities
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Utilities:Electricity Connected
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Sewer:Public Sewer
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# of Separate Electric Meters:2
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# of Separate Water Meters:1
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Water Source:Public
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Gas:Natural Gas
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# of Separate Gas Meters:2
Appliances
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Appliances:Water Heater(Gas)
Parking
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Garage:false
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Carport:false
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Transit Score®
Provided by WalkScore® Inc.
Transit Score measures a location's access to public transit. It is based on nearby transit routes frequency, type of route (bus, rail, etc.), and distance to the nearest stop on the route. Transit Scores range from 0 (Minimal Transit) to 100 (Rider’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Sale history
| Date | Event | Source | Price | % Change |
|---|---|---|---|---|
|
4/15/25
Apr 15, 2025
|
Listed / Active | AJMLS | $599,900 | |
|
4/11/25
Apr 11, 2025
|
Coming Soon | AJMLS | $599,900 | 9.1% (8.0% / YR) |
|
2/23/24
Feb 23, 2024
|
AJMLS | $550,000 |
