Fully rented 3 family house that cash flows on day one with a 7% cap rate! 114 Joyce Kilmer Ave is in a great location (in an opportunity zone!) on a corner lot with taxes of $7000!? This house is simply a cash flow machine and has lots of rental upside! Great tenants in the house, all pay on time! Apt 1 is 2 bedrooms 1 bath plus a den, legal for 3 people paying $1727. Apt 2 is 2 bedrooms 1 bath legal for 2 people paying $1681 and Apt 3 is a 1 bedroom 1 bath legal for 2 people paying $1515. All 3 apartments are well maintained. Several have updated kitchens or baths. All separate utilities and tenants pay all utilities, even water! 2 of the 3 boilers were replaced 2 years ago. Flat roof replaced 2 years ago. State Green Card (required for 3+ units) is up to date. Property being sold AS-IS, seller will not give any credits! Seller will take care of the CO. It cannot get any simpler for you here in New Brunswick. This is a 3 family house in great shape, served up on a platter where you cash flow the day you close! Hurry up, this one will go fast! Seller is a license real estate broker.
Listing Courtesy Of TVERDOV HOUSING, Contact:
Selling Office: .
The data relating to real estate for sale on this web-site comes in part from the Internet Listing Display database of the CENTRAL JERSEY MULTIPLE LISTING SYSTEM, INC. Real estate listings held by brokerage firms other than this site-owner are marked with the ILD logo. The CENTRAL JERSEY MULTIPLE LISTING SYSTEM, INC does not warrant the accuracy, quality, reliability, suitability, completeness, usefulness or effectiveness of any information provided. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify properties the consumer may be interested in purchasing or renting.
Copyright 2026, CENTRAL JERSEY MULTIPLE LISTING SYSTEM, INC. All rights reserved.The CENTRAL JERSEY MULTIPLE LISTING SYSTEM, INC retains all rights, title and interest in and to its trademarks, service marks and copyrighted material.