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The Mountaintop Group
111 Delavan Street, New Brunswick NJ 08901, 1213 - New Brunswick, NJ 08901
- $635,000
- 5
- BD
- 3
- BA
- 1,632
- SqFt
- Sold Price
- $635,000
- List Price
- $625,000
- Closing Date
- Apr 06, 2026
- Days on Market
- 81
- Status
- CLOSED
- MLS#
- 2661131M
- Bedrooms
- 5
- Bathrooms
- 3
- Full Baths
- 3
- Living Area
- 1,632
- Lot Size (Acres)
- 0.1033
- Year Built
- 1910
Property 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.
Additional Information
- Area
- 1213 - New Brunswick
- Basement Desc
- Full, Bath Full, Other Room(s), Storage Space, Tenant Use, Utility Room
- Utilities
- Electricity Connected, Natural Gas Connected
- Taxes
- $7,414
- Exterior
- Curbs, Sidewalk, Yard
- Lot Size
- 4,500
- Parking Driveway
- Detached, 3-4 Car Parking, On Street
- Lot Description
- Near Public Transit, Near Shopping, Near Train, See Remarks
- Water
- Public
- Basement
- Yes
- Levels
- 2
- Heat Fuel
- Forced Air
- Cooling
- See Remarks
- Water Sewer
- Public Sewer
- Interior
- Unit 1(2+ Baths,3 Bedrooms,Kitchen), Unit 2(1 Bath,2 Bedrooms,Kitchen)
- Garage Capacity
- 1
- Rooms
- 9
- Roof
- Asphalt
- Stories
- 2
- Show Address
- Yes
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Listing Courtesy Of REALSOPHY REAL ESTATE LLC, Contact:
Selling Office: .
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