104 Howard ST new

New Brunswick,NJ 08901

$ 899000

6 Beds

4 Baths

2500 SqFt


Key Details

Property Type Multi-Family

Sub Type 4 Family

Listing Status Active

Purchase Type For Sale

Square Footage 2,500 sqft

Price per Sqft $359

MLS Listing ID 2561847M

Bedrooms 6

Full Baths 4

Year Built 1940

Annual Tax Amount $9,947

Tax Year 2024

Lot Size 5,000 Sqft

Acres 0.1148

Lot Dimensions 50X100

Property Sub-Type 4 Family

Source CJMLS API

Property Description

Investor's Dream - Solid Brick 4-Family with Stable Income & Low Expenses! Don't miss this rare opportunity to acquire a fully occupied, solid brick four-family building with strong bones, excellent long-term tenants, and immediate cash flow. With a total monthly rental income of $5,675 and annual gross income of $68,100, this property is a solid addition to any investor's portfolio. The two 2-bedroom units rent for $1,650 each, while the one-bedroom units rent for $1,175 and $1,200. All units are separately metered for gas and electric, with tenants covering their own utilities. The landlord pays only water and sewer, approximately $800 per quarter, and benefits from very low property taxes, further maximizing ROI. The building offers four off-street parking spaces and a detached two-car garage. The property features two separate entrances, each providing access to a pair of unitsone on the first floor and one on the second. The dry, structurally sound basement has two access points and houses all individual furnaces, water heaters, and utility meters. Three tenants are on month-to-month leases and have lived in the building for many years; one tenant recently signed an annual lease beginning April 2025. All are cooperative and responsible, making this a smooth, low-maintenance investment. This is a rare chance to own a high-performing asset in a great locationschedule your showing today before it's gone!oute 18, shopping, and downtown New Brunswick.

Location

State NJ

County Middlesex

Zoning R-5A

Rooms

Basement Full,Storage Space,Utility Room

Interior

Interior Features Unit 1(1 Bath,2 Bedrooms,Kitchen,Living Room,See Remarks),Unit 2(1 Bath,2 Bedrooms,Kitchen,Living Room,See Remarks),Unit 3(1 Bath,1 Bedroom,Kitchen,Living Room,See Remarks),Unit 4(1 Bath,1 Bedroom,Kitchen,Living Room,See Remarks)

Heating Forced Air

Cooling See Remarks

Appliance Water Heater(Gas),Water Heater,Unit 1(Range/Oven,Refrigerator),Unit 2(Range/Oven,Refrigerator),Unit 3(Range/Oven,Refrigerator),Unit 4(Range/Oven,Refrigerator)

Heat Source Natural Gas

Exterior

Exterior Feature Yard,Storage Area-Common

Garage Spaces 2.0

Utilities Available Natural Gas Connected

Roof Type Asphalt

Building

Lot Description Level,Near Public Transit,Near Shopping,See Remarks

Story 2

Sewer Public Sewer

Water Public

Others

Senior Community no

Tax ID 130025600000003001

Ownership Corporation

Energy Description Natural Gas

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