NOT LISTED FOR SALE

16 Prospect St New Brunswick, NJ 08901

-- Bed
-- Bath
1,720 Sq Ft
4,792 Sq Ft Lot

Last Sold July 28, 2023

Last sale price $637,500 $371 Per Sq Ft

55 Days on Market

Highlights

  • 2 Car Detached Garage
  • Property is near shops
  • Radiator
  • Air Conditioning
  • Utility Room
  • 3-minute walk to Kossuth Park

About This Home

As of July 2023

An investors dream come true! Three separate buildings on one lot! Two income producing duplexes and a detached two-car garage set back on a huge driveway which fits eight cars. Front duplex contains 1st floor and 2nd floor units which are both 2 bedroom and 1 bathroom. Rear Duplex contains 2 units are which are both 1 bedroom and 1 bathroom. Close proximity to RWJ Hospital, Rutgers University, great restaurants, and much more! Easy to travel everywhere, and close to public transportation. Some of the units need some TLC, but definitely a worthy investment opportunity! Showings begin on Saturday June 3rd.

Last Agent to Sell the Property

Holland Mack 3rd

REAL BROKER, LLC Listed on: 06/03/2023

REAL BROKER, LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $12,484

Lot Details

  • 4,792

Parking

  • 2 Car Detached Garage

Home Design

Interior Spaces

  • 2-Story Property
  • Utility Room
  • Partially Finished Basement
  • Laundry in Basement

Location

  • Property is near shops

Utilities

  • Air Conditioning
  • Window Unit Cooling System
  • Radiator
  • Gas Water Heater

Community Details

  • 4 Separate Electric Meters
  • 4 Separate Gas Meters
  • 1 Separate Water Meter

Listing and Financial Details

  • The owner pays for unit 1 owner pays(water), unit 2 owner pays(water), unit 3 owner pays(water), unit 4 owner pays(water)

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$12,484

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: 4 Family
  • Prop. Type: Residential Income
  • Lot Size: 0.00 x 0.00
  • Ownership: Fee Simple
  • Carport Y N: No
  • Garage Yn: Yes
  • Building Stories: 2
  • ResoPropertyType: ResidentialIncome
  • Special Features: VirtualTour
  • Stories: 2

Interior Features

  • Appliances: Water Heater(Gas), Water Heater
  • Owner Pays: Unit 1 Owner Pays(Water), Unit 2 Owner Pays(Water), Unit 3 Owner Pays(Water), Unit 4 Owner Pays(Water)
  • Has Basement: Partially Finished, Utility Room, Laundry Facilities
  • Interior Amenities: Unit 1(2 Bedrooms,Kitchen,1 Bath,Living Room), Unit 2(2 Bedrooms,Kitchen,1 Bath,Living Room), Unit 3(1 Bedroom,Kitchen,1 Bath,Living Room), Unit 4(1 Bedroom,Kitchen,1 Bath,Living Room)
  • Stories: 2

Exterior Features

  • Lot Features: Near Shopping
  • Exterior Features: Curbs

Garage/Parking

  • Attached Garage: No
  • Covered Parking Spaces: 2
  • Garage Spaces: 2
  • Parking Features: Garage, Detached, 4(+)Car Parking

Utilities

  • Gas Company: Natural Gas
  • Cooling: A/C Window Unit(s), Unit 1(A/C Unit), Unit 2(A/C Unit), Unit 3(A/C Unit), Unit 4(A/C Unit)
  • Heating: Radiators-Hot Water
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Electricity Connected, Natural Gas Connected
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Curbs

Rental Info

  • Lease Term: Unit 1(Month-Month),Unit 2(Month-Month),Unit 4(Month-Month)

Tax Info

  • Tax Annual Amount: 12484
  • Tax Year: 2022

Multi Family

  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 4
  • Number Of Separate Water Meters: 1

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/28/2023 07/28/23 Sold $637,500 -8.8% $371 / Sq Ft
06/03/2023 06/03/23 For Sale $699,000 +26.9% $406 / Sq Ft
09/05/2019 09/05/19 Sold $551,000 -5.8% $320 / Sq Ft
05/09/2019 05/09/19 Pending -- -- --
04/02/2019 04/02/19 For Sale $585,000 -- $340 / Sq Ft
Source: All Jersey MLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Holland Mack 3rd

    Seller's Agent in 2023

    Holland Mack 3rd

    REAL BROKER, LLC

    (973) 979-9927

    1 in this area

    13 Total Sales

    Holland Mack 3rd
    Section Image

  • D

    Seller's Agent in 2019

    Derek Eisenberg

    CONTINENTAL REAL ESTATE GROUP

    (877) 996-5728

    3,158 Total Sales

    Derek Eisenberg
    Section Image

  • S

    Buyer's Agent in 2019

    STEPHANIE MATTIELLI

    COLDWELL BANKER REALTY

See All Agents

Map

Source: All Jersey MLS

MLS Number: 2313221R

All Jersey MLS

APN: 13 00029-0000-00029-0001

New Jersey Middlesex County New Brunswick 08901

16 Prospect St, New Brunswick, NJ

This home is located at 16 Prospect St, New Brunswick, NJ 08901 since 03 June 2023. 16 Prospect St is a home located in Middlesex County with nearby schools including New Brunswick High School and Central Jersey College Prep Charter School.

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