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    New Brunswick Multifamily Investment Opportunity Title is generated by Realmo AI

    314 Seaman Street, New Brunswick, NJ 08901

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    Claim this Listing
    For Sale
    Under Contract
    $525,000

    MULTI_FAMILY - New Brunswick, NJ

    Property size:
    1,763 SF
    Lot size:
    0.06 Acres
    Price / SF:
    $297/SF
    Added:
    Feb 12, 2026
    Days on Market:
    135
    Last Refresh:
    Jun 27 at 3:06 am

    Property Features for 314 Seaman Street

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Zoning
    R-5A
    Bedrooms
    5
    Bathrooms
    2
    Rooms
    Bathroom 2, Bedroom 5, Bedroom 3, Basement, Bedroom 2, Bedroom 4, Bathroom 1, Bedroom 1
    Parking features
    On Street
    Patio and Porch features
    Porch
    Interior features
    Unit 1(1 Bath, 2 Bedrooms, Kitchen), Unit 2(1 Bath, 3 Bedrooms, Kitchen, Living Room, See Remarks)
    Exterior features
    Curbs, Porch(es) - Open, Sidewalk, Yard
    Appliances
    Water Heater(Gas), Water Heater, Unit 1(Range/Oven, Refrigerator), Unit 2(Range/Oven, Refrigerator)
    Standard status
    Active Under Contract
    APN
    1300182000000032
    Size
    1,763 SF
    Lot size
    0.06 Acres

    Taxes and HOA fees

    Tax Year
    2025
    Tax Annual Amount
    4691

    Utilities

    Sewer type
    Public Sewer
    Heating system
    Baseboard, Hot Water(Heating)
    Cooling system
    Zoned, Ductless
    Water source
    Public

    Building Details

    Year built
    1920
    Floors in Building
    2
    Building materials
    Vinyl Siding
    Roof type
    Asphalt
    Additional Structures
    See Remarks

    We can help!

    Contact an agent
    Gregory Tibok

    Listing agent Gregory Tibok

    Listing office KELLER WMS GREATER BRUNSWICK 220 DAVIDSON AVE, SOMERSET, NJ

    Listing date Feb 12, 2026

    MLS# 2661267M Listing URL

    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

    • 2‑unit property built in 1920 with public water and public sewer
    • Unit 1: 2 bedrooms, 1 full bathroom, and a spacious kitchen
    • Unit 2: 3 bedrooms, 1 full bathroom, with a walkup bonus attic for rec/den space
    • Heating includes baseboard and hot water; cooling includes zoned and ductless systems
    • Vinyl siding exterior with asphalt roof, plus a fenced yard and open porch
    • Location includes on‑street parking and easy access to Route 18, Route 1, Route 130, and the NJ Turnpike

    Overview

    This two-unit property presents an investment opportunity in New Brunswick, New Jersey. The property features an updated exterior and low taxes. Apartment 1 includes 2 bedrooms, 1 full bathroom, and a spacious kitchen, and is connected to a leased solar system. Apartment 2 features 3 bedrooms, 1 full bathroom, and a walk-up bonus attic suitable for recreational or den space. The property includes a private, fenced backyard. The building size is 1763 square feet and the lot size is 0.0574 acres. The property is zoned R-5A. Located near Rutgers University, RWJ, and downtown New Brunswick, the property offers convenient access to major highways including Route 18, Route 1, Route 130, and the New Jersey Turnpike. The New Brunswick Train Station is less than a 10-minute drive away.

    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 $45.1k $25.56
    − Vacancy −$2.9k −$1.65
    EGI $42.2k $23.91
    − OpEx −$12.6k −$7.17
    NOI $29.5k $16.74
    1,763 SF · lease $25.56/SF/yr · vacancy 6.46% · expense 30.00%

    Alternative Uses

    Best Use
    Multifamily LT 5
    $421.5K
    $368.8K – $491.8K (±1% cap)
    NOI $29,506 @ 7.0% cap · market cap 5.62%
    Second Best
    Apartment 5plus
    $387.3K
    $338.9K – $451.9K (±1% cap)
    NOI $27,111 @ 7.0% cap · market cap 5.16%
    Theoretical Best
    Office A
    $460.4K
    $402.8K – $537.1K (±1% cap)
    NOI $32,225 @ 7.0% cap · market cap 6.14%
    Zoning and permitted uses should be independently verified with local authorities.
    Property Profile Location Intelligence

    Current Use by Public Records

    Duplexes

    Suggested Use

    Real Estate Agency Law Firm Spa & Massage Center Restaurant Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Daycare Center

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

    Location Insight

    • Map
    • Local Demand
    City
    New Brunswick
    County
    Middlesex
    State
    New Jersey
    Longitude
    -74.4519604
    Latitude
    40.4906053

    FAQs

    What type of property is this?
    Duplex - Well-maintained two-unit property near Rutgers University and downtown.
    Where is this duplex located?
    The property is located at 314 Seaman Street New Brunswick, NJ.
    What is the asking price?
    The asking price for this property is $525,000.
    What are key features of this property?
    This property features: 2‑unit property built in 1920 with public water and public sewer; Unit 1: 2 bedrooms, 1 full bathroom, and a spacious kitchen; Unit 2: 3 bedrooms, 1 full bathroom, with a walkup bonus attic for rec/den space
    More about this property
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