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    Two-Unit Residential Income Duplex Title is generated by Realmo AI

    92 Redmond Street, New Brunswick, NJ 08901

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    Claim this Listing
    For Sale
    $469,900

    MULTI_FAMILY - New Brunswick, NJ

    Property size:
    1,776 SF
    Lot size:
    0.06 Acres
    Price / SF:
    $264/SF
    Added:
    Jun 29, 2026
    Days on Market:
    9
    Last Refresh:
    Jul 7 at 6:06 pm

    Property Features for 92 Redmond Street

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Zoning
    R-5A
    Bedrooms
    4
    Bathrooms
    2
    Rooms
    Bathroom 2, Bedroom 4, Den, Bathroom 1, Basement, Bedroom 2, Family Room, Bedroom 1, Bedroom 3
    Parking features
    On Street
    Interior features
    Unit 1(1 Bath, 2 Bedrooms, Den/Family Room, Kitchen, Living Room), Unit 2(1 Bath, 2 Bedrooms, Den/Family Room, Kitchen, Living Room)
    Appliances
    Water Heater(Gas), Water Heater, Unit 1(Range/Oven, Refrigerator), Unit 2(Range/Oven, Refrigerator)
    Standard status
    Active
    APN
    1300152000000039
    Size
    1,776 SF
    Lot size
    0.06 Acres

    Taxes and HOA fees

    Tax Year
    2025
    Tax Annual Amount
    6943

    Utilities

    Sewer type
    Public Sewer
    Heating system
    Steam, Other (Heating)
    Water source
    Public

    Building Details

    Year built
    1912
    Floors in Building
    2
    Building materials
    Vinyl Siding
    Roof type
    Asphalt

    We can help!

    Contact an agent
    John Winant

    Listing agent John Winant

    Listing office BORAIE REALTY, LLC 257 LIVINGSTON AVENUE, New Brunswick, NJ

    Listing date Jun 29, 2026

    MLS# 2662382M 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

    • 1912 two‑family home near Lord Sterling Elementary school
    • Each unit offers 2 bedrooms, kitchen, living room, and an extra den/family room area
    • Two steam furnaces noted as fairly new
    • Vinyl siding exterior with an asphalt roof
    • Public water and public sewer
    • On‑street parking

    Overview

    This two-family duplex offers two separate units, each with two bedrooms, a kitchen, a living room, and an additional room. The home includes two steam furnaces described as fairly new. The owner is currently painting the front door and rear steps, bringing additional updates for the next occupancy.

    Located in New Brunswick, New Jersey, the property sits near Lord Sterling Elementary school. The property is zoned R-5A, supporting its residential duplex configuration within the local zoning framework.

    Well-suited for an owner-occupant or an investor seeking a straightforward income property, the layout provides two self-contained living areas within one building. With each unit having the same core rooming configuration, the duplex can simplify leasing and day-to-day management while accommodating tenants who want multi-room space for everyday living.

    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 $45.4k $25.56
    − Vacancy −$2.9k −$1.65
    EGI $42.5k $23.91
    − OpEx −$12.7k −$7.17
    NOI $29.7k $16.74
    1,776 SF · lease $25.56/SF/yr · vacancy 6.46% · expense 30.00%

    Alternative Uses

    Best Use
    Multifamily LT 5
    $424.6K
    $371.5K – $495.4K (±1% cap)
    NOI $29,723 @ 7.0% cap · market cap 6.33%
    Second Best
    Apartment 5plus
    $390.2K
    $341.4K – $455.2K (±1% cap)
    NOI $27,311 @ 7.0% cap · market cap 5.81%
    Theoretical Best
    Office A
    $463.7K
    $405.8K – $541.0K (±1% cap)
    NOI $32,462 @ 7.0% cap · market cap 6.91%
    Zoning and permitted uses should be independently verified with local authorities.
    Property Profile Location Intelligence

    Current Use by Public Records

    Duplexes

    Suggested Use

    (Bike/Boat/Book/etc) Store Veterinary Clinic Carpet & Flooring Store Nursing Home Nursing Home Fish Market Butcher (Bike/Boat/Book/etc) Store Locksmith (Bike/Boat/Book/etc) Store

    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
    -74.4411556
    Latitude
    40.4868228

    FAQs

    What type of property is this?
    Duplex - Each unit features two bedrooms, kitchen, living room, and an additional room with fairly new steam furnaces.
    Where is this duplex located?
    The property is located at 92 Redmond Street New Brunswick, NJ.
    What is the asking price?
    The asking price for this property is $469,900.
    What are key features of this property?
    This property features: 1912 two‑family home near Lord Sterling Elementary school; Each unit offers 2 bedrooms, kitchen, living room, and an extra den/family room area; Two steam furnaces noted as fairly new
    More about this property
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