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Ryan Skove, ABR, SRS

Skove Real Estate Team - eXp Realty

ryan.skove@exprealty.com +1(732) 365-0265

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87 Paul Robeson BLVD New Brunswick, NJ 08901

3,043 SqFt

UPDATED:

Key Details

Property Type Multi-Family

Sub Type 3 Family

Listing Status Active

Purchase Type For Sale

Square Footage 3,043 sqft

Price per Sqft $295

MLS Listing ID 2604413R

Year Built 1900

Annual Tax Amount $8,565

Tax Year 2023

Lot Size 2,848 Sqft

Acres 0.0654

Lot Dimensions 75.00 x 0.00

Property Sub-Type 3 Family

Source CJMLS API

Property Description

Well maintained and generously sized, this fully occupied 3-family property offers over 3,000 square feet of living space and strong rental income, with an impressive 8% cap rate. Units 1 and 2 each feature 3 bedrooms and 1 full bath, while Unit 3 offers 2 bedrooms and 1 full bathmaking this an ideal investment or owner-occupied opportunity. Each unit is separately metered for gas and electric, streamlining management and tenant billing. Heating is provided by a combination of steam and hot water baseboard systems. Recent upgrades enhance both comfort and appeal: Units 1 and 2 received new paint, flooring and updated kitchens in 2024. Most windows have been replaced within the past five years. Exterior improvements include the replacement of front porch stairs and back porch stairs (the back porch stairs completed this month). The common back hall has also been freshly painted, with new carpeting added this month. City main line was replaced a couple years back. Turn-key and thoughtfully updated, this property is a standout opportunity in a high-demand rental market. Showing starts Saturday 9/20 open 2-4pm

Location

State NJ

County Middlesex

Zoning C-2B

Rooms

Basement Full, Interior Entry

Interior

Interior Features Unit 1(3 Bedrooms, Kitchen, 1 Bath, Living Room), Unit 2(3 Bedrooms, Kitchen, 1 Bath, Living Room), Unit 3(2 Bedrooms, Kitchen, 1 Bath, Living Room)

Heating Baseboard Hotwater, Steam

Cooling None

Appliance Water Heater(See Remarks, Gas), Water Heater

Heat Source Natural Gas

Exterior

Exterior Feature Porch

Utilities Available Electricity Connected, Natural Gas Connected

Roof Type Asphalt

Porch Porch

Building

Lot Description See Remarks

Story 3

Sewer Public Sewer

Water Public

Others

Senior Community no

Tax ID 1300136000000004

Ownership Fee Simple

Energy Description Natural Gas

Virtual Tour https://www.propertypanorama.com/instaview/msx/2604413R

Listed by RE/MAX FIRST REALTY, INC.

Ryan Skove, ABR, SRS

Broker Associate | License ID: 2186472

+1(732) 365-0265

Ryan Skove, ABR, SRS

87 Paul Robeson BLVD New Brunswick, NJ 08901

Key Details

Location

Rooms

Interior

Exterior

Building

Others

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87 Paul Robeson BLVD