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Listed price in listed location currency (USD).
$625,000

530

MLS® 2661131M

  • Key Facts
  • Description
  • Map

Key Facts

Type Multi Family
Levels Residential Income
Size 1632 sqft
Garage Yes
Taxes $7,414
Days Active 1
Lot Size 0.1033 acres
Approx. Age 1910
Avg. Price Per Sqft $382
MLS® Number 2661131M

Property Address: 111 Delavan St, New Brunswick, NJ, 08901-2718

Average square foot calculated using Size range provided by listing agent.

Description

Discover an investor's dream in the heart of New Brunswick! This 100%, fully occupied multi-family property features two spacious units. Unit 1 (First Floor) features 3 bedrooms and 2 baths plus a bonus room for flexible use. Unit 2 (Second Floor) features 2 bedrooms and 1 bath plus an optional bonus area. Some key highlights include (1) renovation in 2019 with new water heater and HVAC system, (2) separate meters and utilities for each unit, and (3) detached garage at the rear of the property. The current tenants have yearly leases that are available upon request. Cash Flow is impressive with cap rate of about 8%. Situated near the New Brunswick train station, bus stops, major roads, Robert Wood Johnson University Hospital, Rutgers University, and vibrant downtown New Brunswick with restaurants, shopping, and the State Theatre. This property offers strong rental income and unbeatable proximity to key amenities perfect for seasoned investors or those looking to start their portfolio.
MLS® Number2661131M
Laundry Level
Central VacNo
FireplaceNo
Acreage0.1033
Exterior
GarageYes
Approx. Age1910
BasementFull, Bath Full, Other Room(s), Storage Space, Tenant Use, Utility Room
DrivewayDetached, 3-4 Car Parking, On Street
Garage Spaces1
Heat
A/C
Heating Fuel

Extras

Similar Listings

Price History

-End Date
Not Sold YetSold Price

For Sale

Jan 16, 2026List Date
$625,000List Price
  • Commute

Commute

Starting Address
Destination Address
111 Delavan St, New Brunswick, NJ

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