Calling all investors looking to add a solid asset to their portfolio with this well-maintained, recently renovated, income producing 2 Family property in the heart of New Brunswick. The property is situated directly across from Rutgers University, minutes away downtown New Brunswick and all major transportation. The first-floor unit consists of 2 beds,1 bath with an extended deck and direct access to off-street parking. The second-floor unit is comprised of 2 beds, 1 bath, private deck egress from kitchen and a bonus loft space that extends the full length of the house. The property also includes a full basement with washer/dryer access and a half bath. Basement has high ceilings and extends the full length of the property. Each unit has separate utilities, newer water heaters and a recently paved asphalt driveway. Off-Street parking for 3+ cars. Ability to earn a significant return on investment.
$489,000
**Multi-Family Home for Sale at 185 Redmond St, New Brunswick** Prime investment opportunity in a sought-after New Brunswick location! This 2-family home, features a 1 bed/1 bath unit and a 4 bed/1 bath unit. Located steps from Rutgers University, Robert Wood Johnson University Hospital, New Brunswick Train Station (NJ Transit), and major highways (NJ Turnpike, Route 1, Route 18), this
JASMINE TSUI WEICHERT REALTORS
$799,900
2 Family on Morrell St! 1/2 block from the Rutgers Student Center. Great Location. Currently rented to one group. Rented for $5,000/mo thru May of '26. Kitchen features newer Cabinetry and Granite Countertops. Both baths have been updated. Hardwood Floors, Nice Layout. Forced Hot Air Furnace. Tenants pay all utilities. House features a lot of Common Area. With a Location like this, House will not
Peter McDonnell CENTURY 21 SYLVIA GEIST AGENCY
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | $650,000 | Acquired Title Services | |
| Deed | $485,000 | Stewart Title | |
| Deed | $470,000 | Stewart Title | |
| Deed | $380,000 | Chicago Title Insurance Co | |
| Deed | $319,000 | -- |
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $363,750 | New Conventional | |
| Previous Owner | $285,000 | New Conventional | |
| Previous Owner | $302,100 | New Conventional |
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 04/09/2024 04/09/24 | Sold | $650,000 | +4.9% | $358 / Sq Ft |
| 01/25/2024 01/25/24 | For Sale | $619,900 | +31.9% | $341 / Sq Ft |
| 02/08/2023 02/08/23 | Sold | $470,000 | 0.0% | $294 / Sq Ft |
| 01/09/2023 01/09/23 | Pending | -- | -- | -- |
| 11/04/2022 11/04/22 | For Sale | $470,000 | -- | $294 / Sq Ft |
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2024 | $7,270 | $285,900 | $119,300 | $166,600 |
| 2023 | $7,270 | $285,900 | $119,300 | $166,600 |
| 2022 | $7,116 | $285,900 | $119,300 | $166,600 |
| 2021 | $5,279 | $285,900 | $119,300 | $166,600 |
| 2020 | $7,062 | $285,900 | $119,300 | $166,600 |
| 2019 | $6,927 | $285,900 | $119,300 | $166,600 |
| 2018 | $6,770 | $285,900 | $119,300 | $166,600 |
| 2017 | $6,501 | $285,900 | $119,300 | $166,600 |
| 2016 | $6,365 | $108,500 | $26,500 | $82,000 |
| 2015 | $6,213 | $108,500 | $26,500 | $82,000 |
| 2014 | $6,102 | $108,500 | $26,500 | $82,000 |
J
Seller's Agent in 2024
John Espin
RE/MAX
(908) 403-8562
3 in this area
8 Total Sales
Seller Co-Listing Agent in 2024
Christina Kaplun
RE/MAX
(908) 202-2205
6 in this area
143 Total Sales
Seller's Agent in 2023
Carlos Beltran
COMPASS NEW JERSEY, LLC
(347) 292-8750
2 in this area
34 Total Sales
Source: All Jersey MLS
MLS Number: 2353838M
APN: 13-00137-0000-00015
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