163 Livingston Ave, New Brunswick City, NJ 08901
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163 Livingston Ave, New Brunswick City, NJ 08901
163 Livingston Ave, New Brunswick City, NJ 08901
163 Livingston Ave, New Brunswick City, NJ 08901
163 Livingston Ave, New Brunswick City, NJ 08901
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$ 1,500,000
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163 Livingston Ave New Brunswick City, NJ 08901

4,752 SqFt


UPDATED:

Key Details

Property Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 4,752 sqft

Price per Sqft $315

MLS Listing ID 4017960

Year Built 1900

Annual Tax Amount $26,208

Tax Year 2025

Lot Size 6,534 Sqft

Property Description

Exceptional investment opportunity in the heart of New Brunswick! This 18-unit licensed rooming house offers strong in-place cash flow with immediate upside potential. Currently generating approximately $175,000+ in annual income with a net operating income of over $100,000, this asset is ideal for investors seeking stable returns in a high-demand rental market. The property features 18 income-producing units with a diversified tenant base, all currently on month-to-month leases providing flexibility for rent optimization and improved management strategies. Utilities and operations are already stabilized, making this a turnkey opportunity with the ability to increase revenue over time. Additional highlights include public water and sewer, natural gas, newer roof (2022), and a mix of functional common areas and essential amenities to support tenant retention. On-site features include a garage and small outdoor space. Located in a high-demand rental corridor near Rutgers University, transportation, shopping, and major highways, this property benefits from consistent tenant demand and long-term growth potential. Whether you're expanding your portfolio or entering the multi-unit investment space, this is a rare opportunity to acquire a high-yield asset in a prime location.

Location

State NJ

County Middlesex

Zoning C-3A

Rooms

Basement Full

Interior

Heating Gas-Natural

Cooling Window A/C(s)

Flooring Laminate, Wood

Equipment Appliances

Heat Source Gas-Natural

Exterior

Exterior Feature Vinyl Siding, Wood

Utilities Available Electric, Gas-Natural

Roof Type Asphalt Shingle

Building

Story 3

Sewer Public Sewer

Water Public Water

Others

Ownership Fee Simple


Garden State MLS(GSMLS)
Listed by EXP REALTY, LLC

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163 Livingston Ave

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