-111 Delavan Street, New Brunswick, NJ 08901
Local realty services provided by:Better Homes and Gardens Real Estate Maturo
-111 Delavan Street,New Brunswick, NJ 08901
$635,000
- 5 Beds
- 3 Baths
- - sq. ft.
- Multi-family
- Sold
Office: realsophy real estate llc.
MLS#:2661131M
Source:NJ_MCMLS
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Price summary
- Price:$635,000
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:95 day(s) ago
- Updated:April 22, 2026 at 06:37 AM
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
Heating and cooling
- Heating:Forced Air
Structure and exterior
- Roof:Asphalt
- Year built:1910
- 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:$635,000
- Tax amount:$7,414
Features and amenities
- Appliances:Refrigerator, Water Heater
- Laundry features:Dryer, Washer
Parking
- Parking description:3-4 Car Parking, Detached, On Street
- Garage:Yes
- Garage spaces:1
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