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$599,999

For Sale

16 hours ago

8 Prospect St, New Brunswick, NJ

House

MLS® 2614145R

0 Bed

3 Bath

2278 sqft

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  • Key Facts
  • Description
  • Map

Key Facts

Type Multi Family
Levels Residential Income
Size 2278 sqft
Garage 
Taxes $6,696
Days Active 0
Lot Size 
Approx. Age 1882
Avg. Price Per Sqft $263
MLS® Number 2614145R

Property Address: 8 Prospect St, New Brunswick, NJ, 08901-3971

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

Description

Excellent income‑producing 3‑family property in the heart of New Brunswick, next to the hospital and short distance to NJ Transit trains. Rare, fully rented 3‑family with basement offering strong cash flow. Unit 1 features 2 BR / 1 FB, Kitchen & LR ($1, 756/mo). Unit 2 features 1 BR / 1 FB, Kitchen & LR ($1, 350/mo). Unit 3 features 1 BR / 1 FB, Kitchen & LR ($1, 300/mo). Units 1 & 2 gas heat, Unit 3 electric heat. Separate electric & gas meters. Tenants pay electric/gas; owner pays water. Newer flooring throughout, new roof, updated fire escape and rear stairs. Owner invested nearly $50K in improvements over past 5 years. 2025 Gross Income $52, 872. Expenses $20, 389.23. NOI $32, 482.77. Cap Rate 5.41%. Prime location near Rutgers, hospitals, transportation, and downtown amenities. Showings begin 05/09/26. Do not miss this opportunity!
MLS® Number2614145R
Laundry Level
Central VacNo
FireplaceNo
Acreage
Exterior
Garage
Approx. Age1882
BasementFull, Exterior Entry, Storage Space, Utility Room
Driveway
Garage Spaces
Heat
A/C
Heating Fuel

Extras

Price History

Jan 1, 1800End Date
Not Sold YetSold Price

For Sale

May 8, 2026List Date
$599,999List Price
  • Commute

Commute

Starting Address
Destination Address
8 Prospect St, New Brunswick, NJ

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