142 George Street

New Brunswick, NJ 08901

$550,000
Last Sold Price
6
Beds
3
Baths
1,920 Sq. Ft.
$286 / Sq. Ft.
1,920
Sq. Ft.
$286
per Sq. Ft.

Description

Don't miss out on this excellent opportunity to acquire this recently renovated, well maintained income producing 2 Family, 6 bed, 3 bath property in the heart of New Brunswick. The property sits on an over-sized 29 x 108 lot, directly across from Rutgers University, only a short commute to downtown NB's vibrant restaurants and nightlife. High Rental Demand Area. Tenants pay gas, electric, heat. Off-Street parking for 6+ cars. Well maintained property so all you have to do is collect the rent. Ability...Don't miss out on this excellent opportunity to acquire this recently renovated, well maintained income producing 2 Family, 6 bed, 3 bath property in the heart of New Brunswick. The property sits on an over-sized 29 x 108 lot, directly across from Rutgers University, only a short commute to downtown NB's vibrant restaurants and nightlife. High Rental Demand Area. Tenants pay gas, electric, heat. Off-Street parking for 6+ cars. Well maintained property so all you have to do is collect the rent. Ability to earn a significant return on your investment. Cap Rate 7.0%.
  1. Listed by JOHN ESPIN • RE/MAX FIRST REALTY, INC.
  2. Listed by CHRISTINA KAPLUN • RE/MAX FIRST REALTY, INC.

Property Details for 142 George Street

Zoning
R-5A
Year Built
1920
LISTING UPDATED: 02/25/2024 08:30 AM

Property Details for 142 George Street

StatusClosed
MLS #2353717M
Days on Market29
Taxes$12,430 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income / 2 Family
Year Built1920
Lot Size0.07 AC / 3,132 SF
CountyMiddlesex County

Building Information for 142 George Street

Stories3Residences-Year Built1920Building Size-Lot Size0.07 AC / 3,132 SF

Property Information for 142 George Street

Summary
Location and General Information
  • Accessibility Features: Unit 1 Accessibility Features, Unit 2 Accessibility Features
  • State Or Province: NJ
Parking
  • Carport Spaces: 0.0
  • Carport: No
  • Covered Spaces: 0.0
  • Garage Spaces: 0.0
  • Garage: No
Owner
  • Ownership: Fee Simple
Taxes and HOA Information
  • Tax Annual Amount: $12,430.00
  • Tax Year: 2022
  • Other Fees: $.00
Virtual Tour
Property
Lot Information
  • Building Area Total: 1920.0
  • Living Area: 1920.0
  • Living Area Units: Square Feet
  • Lot Features: Near Shopping, Near Train
  • Lot Size Acres: 0.0719
  • Lot Size Area: 0.0719
  • Lot Size Dimensions: 29X108
  • Lot Size Square Feet: 3132.0
Property and Assessments
  • Water Source: Public
  • Parcel Number: 1300137000000012
  • Photos Count: 15
Utilities
  • Sewer: Public Sewer
  • Utilities: Electricity Connected, Natural Gas Connected
Interior and Exterior Features
Interior Features
  • Cooling: A/C Wall Unit(s)
  • Gas: Natural Gas
  • Heating: Baseboard
  • Heating: Yes
  • Interior Features: Unit 1(1 Bath,2 Bedrooms,Den/Family Room,Kitchen,Laundry Hookup), Unit 2(2+ Baths,3 Bedrooms,Kitchen)
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1
  • Postal Code: 08901
  • Postal Code Plus4: 1403
  • Bathrooms Full: 3
  • Bathrooms Half: 0
  • Bathrooms Total: 3
  • Bedrooms Total: 6
  • Basement: Full, Storage Space, Tenant Use
  • Bathrooms Total: 3
  • Appliances: Water Heater(Gas), Water Heater, Unit 1(Range/Oven,Refrigerator), Unit 2(Range/Oven,Refrigerator)
  • Window Features: Screens/Storms
  • # Heat Systems: 2
Exterior Features
  • Service: Garbage Included In Tax
  • Exterior Features: Door(s)-Storm/Screen, Porch(es) - Enclosed, Screens/Storms
  • Patio And Porch Features: Enclosed
  • Roof: Asphalt
  • Stories: 3
  • Stories Total: 3

Property History for 142 George Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 142 George Street

Taxable ValueLand$122,900Additions$376,500Total$499,400
Tax Record2022$12,430 ($1,036 / month)
Home Facts
Total Finished SqFt1,920 SqFtAbove Grade Finished SqFt1,920 SqFtStories3Lot Size3,132 SqFtStyleDuplexYear Built1920ZoningR-5ACountyMIDDLESEXAPN13 00137-0000-00012

Schools near 142 George Street

This home is within New Brunswick Public School District.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - PK to 8
Public - 9 to 12
Public - K to 5
Rating
School
Distance
Lord Stirling Elementary School
PublicPK to 5

New Brunswick High School
Public9 to 12

Roosevelt Elementary School
PublicK to 5

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

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Similar Sold Homes

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No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of RE/MAX FIRST REALTY, INC., JOHN ESPIN; RE/MAX FIRST REALTY, INC., CHRISTINA KAPLUN

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