267 Townsend Street, New Brunswick, NJ 08901
MULTI_FAMILY - New Brunswick, NJ
- Added:
- Mar 11, 2026
- Days on Market:
- 114
- Last Refresh:
- Jul 2 at 2:06 am
Property Features for 267 Townsend Street
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Zoning
- R-5A
- Bedrooms
- 6
- Bathrooms
- 2
- Rooms
- Bathroom 2, Bathroom 1, Bedroom 5, Basement, Bedroom 6, Bedroom 4, Bedroom 3, Bedroom 2, Bedroom 1
- Interior features
- Unit 1(1 Bath, 3 Bedrooms, Kitchen, Living Room), Unit 2(1 Bath, 3 Bedrooms, Kitchen, Living Room)
- Appliances
- Water Heater(Gas), Water Heater
- Standard status
- Active Under Contract
- APN
- 130014800000001201
- Size
- 2,084 SF
- Lot size
- 0.07 Acres
Taxes and HOA fees
- Tax Year
- 2025
- Tax Annual Amount
- 8115
Utilities
- Sewer type
- Public Sewer
- Heating system
- Forced Air
- Cooling system
- Window Unit(s)
- Water source
- Public
Building Details
- Year built
- 1920
- Floors in Building
- 2
- Building materials
- Vinyl Siding
- Roof type
- Asphalt
Listing agent Bina Patel License #1540581 (732) 910-4707
Listing office HALO REALTY 216 STELTON ROAD, Bayville, NJ (908) 800-2446
Listing date Mar 11, 2026
Copyright © 2026 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.
HighLights
- Two‑family home built in 1920 with 2 separate units, each offering 3 bedrooms and 1 full bathroom
- Updated in 2023: both apartments updated; kitchens refreshed in 2024
- Rental income currently $4,400/month total, with Unit 1 at $2,650 and Unit 2 at $2,650 (leases month‑to‑month)
- Utilities: tenants responsible for all utilities, including water; property served by public water and public sewer
- Recent improvements include updated electrical meters (2007) and sewer line replacement from home to street (2009)
- Heating and cooling include forced air heat and window A/C units; roof is approximately 15+ years old
Overview
Local Financial Insights For Multifamily LT 5
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $53.3k | $25.56 |
| − Vacancy | −$3.4k | −$1.65 |
| EGI | $49.8k | $23.91 |
| − OpEx | −$14.9k | −$7.17 |
| NOI | $34.9k | $16.74 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- New Brunswick
- County
- Middlesex
- State
- New Jersey
- Longitude
- -74.448547
- Latitude
- 40.4908689
