New Brunswick Two-Family
65 Hale Street New Brunswick, NJ 08901
65 Hale Street, New Brunswick, NJ, 08901
$649,900
For Sale
Under Contract
$649,900
MULTI_FAMILY - New Brunswick, NJ
Property Size2,346 SF
Lot Size0.08 Acres
Price / SF$277.02
Days on Market105
Property Features for 65 Hale Street
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Zoning
- R-5A
- Bathrooms
- 2
- Rooms
- Dining Room, Bathroom 2, Basement, Bathroom 1
- Parking features
- Garage
- Patio and Porch features
- Porch
- Interior features
- Unit 1(3 Bedrooms, Kitchen, 1 Bath, Living Room), Unit 2(Dining Room, 3 Bedrooms, Kitchen, 1 Bath, Living Room)
- Exterior features
- Porch(es) - Enclosed
- Appliances
- Water Heater(Gas), Water Heater, Unit 1(Dryer, Range/Oven, Refrigerator, Washer), Unit 2(Range/Oven, Refrigerator, Washer)
- Standard status
- Active Under Contract
- APN
- 1300195000000018
- Size
- 2,346 SF
- Lot size
- 0.08 Acres
Taxes and HOA fees
- Tax Year
- 2024
- Tax Annual Amount
- 9722
Utilities
- Sewer type
- Public Sewer
- Heating system
- Other (Heating), Radiant, Steam
- Cooling system
- Ceiling Fan(s), Wall Unit(s), Window Unit(s)
- Water source
- Public
Building Details
- Year built
- 1920
- Floors in Building
- 2
- Building materials
- Vinyl Siding, Metal Siding
- Roof type
- Asphalt
Listing agency
MASTER KEY REALTORS
(732) 629-7111
Listed by
Bruce Mcdonald
(732) 629-7111
Added: Apr 10 Updated: Jun 9 at 10:48AM Checked: Jul 23 at 3:06AM
MLS# 2613680R
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.
Investment Insights
Based on property information with market context.
This two-family property in New Brunswick features two units, each with three bedrooms and one bathroom. The second-floor unit has been fully renovated and includes in-unit laundry. Renovation of the first-floor unit has been started, offering the opportunity for customization. Each unit has separate utilities, including heat, hot water, and electric. The property includes a lower level with a separate outside entrance and an attic with interior stair access, both offering expansion potential. A detached two-car garage is also included. One unit is currently tenant-occupied. This property is suitable for owner-occupants or investors seeking value-add potential. The lot size is 0.0758 acres, and the property size is 2346 square feet. The zoning is R-5A.
Key Highlights
- Two‑family home built in 1920 with two 3‑bedroom, 1‑bath units
- Second‑floor unit includes in‑unit laundry and is fully renovated
- First‑floor renovation has been started, offering ability to finish to buyer specifications
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 | $60.0k | $25.56 |
| − Vacancy | −$3.9k | −$1.65 |
| EGI | $56.1k | $23.91 |
| − OpEx | −$16.8k | −$7.17 |
| NOI | $39.3k | $16.74 |
2,346 SF · lease $25.56/SF/yr · vacancy 6.46% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$560.9K
$490.8K – $654.4K
NOI $39,263 @ 7.0% cap · market cap 6.04%
Second Best
Apartment 5plus
$515.4K
$451.0K – $601.3K
NOI $36,077 @ 7.0% cap · market cap 5.55%
Theoretical Best
Office A
$612.6K
$536.0K – $714.7K
NOI $42,881 @ 7.0% cap · market cap 6.60%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Duplexes
Similar For Sale Nearby
FAQs
What type of property is this?
Duplex - Two-unit property with renovation and expansion potential in New Brunswick.
Where is this duplex located?
The property is located at 65 Hale Street New Brunswick, NJ.
What is the asking price?
The asking price for this property is $649,900.
What are key features of this property?
This property features: Two‑family home built in 1920 with two 3‑bedroom, 1‑bath units; Second‑floor unit includes in‑unit laundry and is fully renovated; First‑floor renovation has been started, offering ability to finish to buyer specifications
