375 Delavan St New Brunswick, NJ 08901
Estimated payment $4,101/month
Highlights
- Property is near public transit
- Porch
- Radiator
About This Home
Don't miss out on a fantastic income-producing property in the heart of New Brunswick! With a combined 2,500 square feet, this top and bottom multi-family is perfect for an investor looking to maximize their ROI or an owner-occupant who wants to live in one unit while the other pays for the mortgage! Each unit offers an open kitchen, spacious living room, three sizeable bedrooms, and a full bathroom! Unit 2 is recently renovated and ready for its next occupant! Unit 1 offers immediate rental income with room to increase! This property has the potential to offer a capitalization rate that is hard to find these days! In close proximity to Rutgers campus, Robert Wood Johnson Hospital, Saint Peter's Hospital, and the New Brunswick Train Station, this is an area that is on the rise! Make an appointment today!
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $8,087
Year Built
- Built in 1920
Lot Details
- 2,901 Sq Ft Lot
- Lot Dimensions are 100.00 x 0.00
Parking
- On-Street Parking
Home Design
- Asphalt Roof
Interior Spaces
- 2,520 Sq Ft Home
- 3-Story Property
Basement
- Basement Fills Entire Space Under The House
- Basement Storage
Outdoor Features
- Porch
Location
- Property is near public transit
- Property is near shops
Utilities
- No Cooling
- Radiator
- Gas Water Heater
Community Details
- 2 Separate Electric Meters
- 2 Separate Gas Meters
- 1 Separate Water Meter
Map
Home Values in the Area
Average Home Value in this Area
Tax History
| 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 |
|---|---|---|---|---|
| 2025 | $8,328 | $318,000 | $86,000 | $232,000 |
| 2024 | $8,087 | $318,000 | $86,000 | $232,000 |
| 2023 | $8,087 | $318,000 | $86,000 | $232,000 |
| 2022 | $7,915 | $318,000 | $86,000 | $232,000 |
| 2021 | $7,705 | $318,000 | $86,000 | $232,000 |
| 2020 | $7,855 | $318,000 | $86,000 | $232,000 |
| 2019 | $7,705 | $318,000 | $86,000 | $232,000 |
| 2018 | $7,530 | $318,000 | $86,000 | $232,000 |
| 2017 | $7,231 | $318,000 | $86,000 | $232,000 |
| 2016 | $6,500 | $110,800 | $27,000 | $83,800 |
| 2015 | $6,344 | $110,800 | $27,000 | $83,800 |
| 2014 | $6,231 | $110,800 | $27,000 | $83,800 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 11/14/2025 11/14/25 | Price Changed | $649,000 | -7.2% | $258 / Sq Ft |
| 09/09/2025 09/09/25 | For Sale | $699,000 | -- | $277 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | -- | None Listed On Document | |
| Deed | $80,000 | -- | |
| Deed | $103,000 | -- |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $60,000 | No Value Available | |
| Previous Owner | $98,000 | No Value Available |
Source: All Jersey MLS
MLS Number: 2603974R
APN: 13-00223-0000-00012
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