-87 Paul Robeson Boulevard, New Brunswick, NJ 08901
Local realty services provided by:ERA Suburb Realty Agency
Listed by:
Office:re/max first realty, inc.
MLS#:2604413R
Source:NJ_MCMLS
Price summary
- Price:$899,900
- Price per sq. ft.:$295.73
About this home
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
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Home facts
- Year built:1900
- Listing ID #:2604413R
- Added:4 day(s) ago
- Updated:September 21, 2025 at 03:49 PM
Rooms and interior
- Living area:3,043 sq. ft.
Heating and cooling
- Heating:Baseboard Hotwater, Steam
Structure and exterior
- Roof:Asphalt
- Year built:1900
- Building area:3,043 sq. ft.
- Lot area:0.07 Acres
Utilities
- Water:Public
- Sewer:Public Sewer
Finances and disclosures
- Price:$899,900
- Price per sq. ft.:$295.73
- Tax amount:$8,565
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