Two-Unit
New
For Sale
$589,000
1057 Newton Street, North Brunswick, NJ 08902
Residential Income, North Brunswick, NJ
Property Size1,660 SF
Lot Size0.14 Acres
Price / SF$354.82
Days on Market2
Property Features for 1057 Newton Street
General Information
Property type
Residential Multi Family
Property subtype
Other
Zoning
R3
Bathrooms
2
Full bathrooms
2
Rooms
Bathroom 2, Basement, Bathroom 1
Parking features
On Street
Patio and Porch features
Porch
Interior features
Unit 1(2 Bedrooms, Kitchen, 1 Bath, Living Room, See Remarks), Unit 2(3 Bedrooms, Kitchen, 1 Bath)
Exterior features
Porch, Private Entrance
Appliances
Water Heater(See Remarks), Water Heater, Unit 1(Range/Oven, Refrigerator), Unit 2(Range/Oven, Refrigerator)
Lot features
Interior Lot
Elementary school district
North Brunswick Township Schoo
Middle school district
North Brunswick Township Schoo
High school district
North Brunswick Township Schoo
Directions
Livingston Ave to Ridgewood Ave to Newton.
Standard status
Active
APN
140013300000004701
Size
1,660 SF
Lot size
0.14 Acres
Taxes and HOA fees
Tax Year
2025
Tax Annual Amount
7097
Utilities
Sewer type
Public Sewer
Water source
Public
Building Details
Year built
1944
Floors in Building
2
Building materials
Vinyl Siding
Roof type
Asphalt
Additional Structures
See Remarks
Buildings
1
Listing Agency:
REALTY MARK CENTRAL
(609) 716-8400
Listed By:
Gwendolyn Sorrells Wade
(732) 690-6277
Added: Nov 1
Last Checked: Nov 2 at 3:06PM
MLS# 2707242R
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.
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Investment Insights
Based on property information with market context.
This 1,660-square-foot duplex contains two vertically arranged residences. The first includes two bedrooms, a living room, an eat-in kitchen, and one bathroom; the second has three bedrooms, a living room, a kitchen, and one bathroom. A porch and private entrance are among the exterior features. The building has vinyl siding and an asphalt roof, with public water and public sewer service.
Built in 1944, the property sits on a 0.1435-acre lot and is zoned R3. Parking is on the street. The property is being sold in as-is condition and needs some work.
Built in 1944, the property sits on a 0.1435-acre lot and is zoned R3. Parking is on the street. The property is being sold in as-is condition and needs some work.
Key Highlights
- Two residences: one with 2 bedrooms and one with 3 bedrooms; each has 1 bathroom
- 1,660 square feet on a 0.1435‑acre lot
- R3 zoning
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$27,782
Cap Rate
4.72%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$555,640
$555.6K
Cap Rate 7%
$396,886
$396.9K
Cap Rate 9%
$308,689
$308.7K
Market Conditions
NOI Build-Up for 1,660 SF
Gross rent
$42.4K $25.56/SF
− Vacancy
−$2.7K −$1.65/SF
EGI
$39.7K $23.91/SF
− OpEx
−$11.9K −$7.17/SF
NOI
$27.8K $16.74/SF
Area
Middlesex County, NJ
Vacancy
6.46%
Lease Rate
$25.56 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$555,640
Cap Rate 7%
$396,886
Cap Rate 9%
$308,689
Alternative Uses
Best Use
Multifamily LT 5
$396.9K
$347.3K – $463.0K
NOI $27,782 @ 7.0% cap · market cap 4.72%
Second Best
Apartment 5plus
$364.7K
$319.1K – $425.5K
NOI $25,527 @ 7.0% cap · market cap 4.33%
Theoretical Best
Office A
$433.5K
$379.3K – $505.7K
NOI $30,342 @ 7.0% cap · market cap 5.15%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
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Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
814
Businesses Nearby
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Business Placement
Demographics for 08902, NJ
43,296
Population
15,892
Households
2.7
Avg Household Size
38
Median Age
45%
College-Educated
87%
High-School Grad
13.2 sq mi
ZIP Area
3,280
Density / Sq Mi
$117,671
Median Household Income
$57,880
Median Earnings
$2,055
Median Rent
$402,400
Median Home Value
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Market
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Duplex - Two separate residences offer a two-bedroom layout and a three-bedroom layout, each with one bathroom.
Where is this duplex located?
The property is located at 1057 Newton Street North Brunswick, NJ.
What is the asking price?
The asking price for this property is $589,000.
What are key features of this property?
This property features: Two residences: one with 2 bedrooms and one with 3 bedrooms; each has 1 bathroom; 1,660 square feet on a 0.1435‑acre lot; R3 zoning
