-111 Delavan Street, New Brunswick, NJ 08901

New Brunswick
Local realty services provided by:ERA Reed Realty, Inc.
-111 Delavan Street,New Brunswick, NJ 08901
$625,000
Virtual Tour
  • 5 Beds
  • 3 Baths
  • 1,632 sq. ft.
  • Multi-family
  • Active
Office: realsophy real estate llc.
MLS#:2661131M
Source:NJ_MCMLS

Price summary

  • Price:$625,000
  • Price per sq. ft.:$382.97

About this home

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.

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Home facts

  • Year built:1910
  • Listing ID #:2661131M
  • Added:48 day(s) ago
  • Updated:March 05, 2026 at 04:47 PM

Rooms and interior

  • Bedrooms:5
  • Total bathrooms:3
  • Full bathrooms:3
  • Rooms Total:9
  • Kitchen Description:Kitchen, Range/Oven, Refrigerator
  • Basement Description:Bath Full, Full, Other Room(s), Storage Space, Tenant Use, Utility Room
  • Living area:1,632 sq. ft.

Heating and cooling

  • Heating:Forced Air

Structure and exterior

  • Roof:Asphalt
  • Year built:1910
  • Building area:1,632 sq. ft.
  • Lot area:0.1 Acres
  • Lot Features:Near Public Transit, Near Shopping, Near Train
  • Exterior Features:Curbs, Sidewalk, Yard
  • Levels:2 Story

Utilities

  • Water:Public
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$625,000
  • Price per sq. ft.:$382.97
  • Tax amount:$7,414

Features and amenities

  • Appliances:Refrigerator, Water Heater
  • Laundry features:Dryer, Washer
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