Three-Bedroom Apartment
For Sale
Contact for pricing
Pending
75 Jersey Avenue, New Brunswick, NJ 08901
Six three-bedroom apartments, with two recently renovated featuring upgraded kitchen and bathroom finishes.
Property SizeContact for details
Days on Market122
Property Features for 75 Jersey Avenue
General Information
Standard status
Pending
Property subtype
Multifamily
Additional Details
Multifamily Units
6
Listing Agency:
Marcus & Millichap - New Jersey
(201) 742-6177
Listed By:
Chez Eider · License #NJ 1863116
Source:
Crexi
Added: Apr 11
Changed: Aug 8
Last Checked: Aug 7 at 10:12AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Marcus & Millichap - New Jersey
Investment Insights
Based on property information with market context.
The property at 75 Jersey Avenue is a multifamily apartment building consisting of six three-bedroom units. Two of the six apartments have been recently renovated with upgraded finishes in the kitchens and bathrooms.
According to the remarks, the renovations have achieved a 20% increase in rents for those units. New Brunswick is described as being under vacancy decontrol, allowing units to reset to market upon turnover and then reset to regulations.
This offering is presented as a turn-key investment opportunity in a strong rental market, supported by the recent renovations and the described rent reset dynamics upon unit turnover.
According to the remarks, the renovations have achieved a 20% increase in rents for those units. New Brunswick is described as being under vacancy decontrol, allowing units to reset to market upon turnover and then reset to regulations.
This offering is presented as a turn-key investment opportunity in a strong rental market, supported by the recent renovations and the described rent reset dynamics upon unit turnover.
Key Highlights
- Six 3‑bedroom apartments multifamily property
- Two of the units have been recently renovated with upgraded kitchen and bathroom finishes
- Renovations have achieved a 20% increase in rents for the renovated units
Property Analytics
Current Use
Lease Details
6
Residential units
Location Intelligence
Trade Area within ½ mile
1,028
Businesses Nearby
Explore this area
Business Placement
Demographics for 08901, NJ
56,278
Population
17,071
Households
3.3
Avg Household Size
27
Median Age
24%
College-Educated
66%
High-School Grad
6.3 sq mi
ZIP Area
8,933
Density / Sq Mi
$60,248
Median Household Income
$25,192
Median Earnings
$1,790
Median Rent
$316,800
Median Home Value
Market
Vacancy Rate% for Multifamily in Northeast region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Apartment building - Six three-bedroom apartments, with two recently renovated featuring upgraded kitchen and bathroom finishes.
Where is this apartment building located?
The property is located at 75 Jersey Avenue New Brunswick, NJ.
What are key features of this property?
This property features: Six 3‑bedroom apartments multifamily property; Two of the units have been recently renovated with upgraded kitchen and bathroom finishes; Renovations have achieved a 20% increase in rents for the renovated units
