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    131 Neilson St New Brunswick, NJ 08901

    For Sale
    $265,000

    Franchise - New Brunswick, NJ

    Days on Market:
    68
    Last Refresh:
    Dec 14 at 3:06 am

    Property Features for 131 Neilson St

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Standard status
    Active

    Building Details

    Architectural style
    Other

    New Jersey Realty, LLC (609) 655-9222 [email protected]

    Listing agent CHARLES G. DIPIERRO (609) 655-9222

    Listing date Oct 8, 2025

    MLS# 2602802R Listing URL

    Copyright © 2025 All Jersey MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Restaurant Near Rutgers and Hospitals

    This existing restaurant is situated in downtown New Brunswick, offering proximity to Rutgers University, St. Peter's University Hospital, and Robert Wood Johnson University Hospital. Its location also provides convenient access to the train station and major highways. The property is located in the center of New Brunswick's downtown area, near the State Theatre.
    Location Intelligence

    Current Use by Public Records

    Freshii Health Food Restaurant

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Similar Places Nearby

    Brunswick Catering, Dulce Teresa Catering, Nirvanis Catering, Taste By Tiny, Noodle Gourmet 香港麵家

    Location Insight

    • Map
    • Local Demand
    City
    New Brunswick
    County
    Middlesex
    State
    New Jersey
    Longitude
    -74.4413819
    Latitude
    40.4936018

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    FAQs

    What type of property is this?
    Restaurant - Restaurant near Rutgers, hospitals, train, and highways in New Brunswick.
    Where is this restaurant located?
    The property is located at 131 Neilson St New Brunswick, NJ.
    What is the asking price?
    The asking price for this property is $265,000.
    What are key features of this property?
    This property features: - Prime location in downtown New Brunswick.; - Close proximity to Rutgers University.; - Convenient access to St. Peter's and Robert Wood Johnson Hospitals.
    (609) 655-9222
    Request Owner's contact information
    131 Neilson St New Brunswick, NJ 08901
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    New Brunswick, NJ 08901
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    131 Neilson St New Brunswick, NJ 08901
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