For Sale
  • For Sale
  • For Lease
  • Recently Sold
  • Property Lookup
  • Brokers
Back to Search
The Largest CRE Database in the US with Over 1 Million Listings

163 Livingston Avenue New Brunswick, NJ 8901

View on Map
Claim this Listing
Loading data...
Loading data...
Loading data...
For Sale
$1,550,000

18-unit rooming house, fully rented, high income, easy to manage.

Property size:
4,752 SF
Price / SF:
$326/SF
Added:
May 22, 2025
Days on Market:
341
Last Refresh:
Mar 16 at 9:08 am

Property Features for 163 Livingston Avenue

General Information

Standard status
Active
Size
4,752 SF

Building Details

Year Built
1900

We can help!

Listing Contact

Listing office RE/MAX COMPETITIVE EDGE

Listing date May 22, 2025

Source Corcoran

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 RE/MAX COMPETITIVE EDGE


Overview

Fully Rented 18-Unit Rooming House

This 18-unit rooming house property presents a money-making opportunity. The property features 14 rooms, 4 efficiency units, and 6 bathrooms, along with a 3-car garage. All units are fully rented and in high demand, consistently generating high income and easy to manage. The gross income is $186,060, with a net income of $117,720, resulting in a cap rate of 7.59%. A new roof has been installed, and the electrical systems were updated in 2021. The property is conveniently located for commuters, with a bus stop across the street and a short 15-minute walk to the New Brunswick Train Station. The property size is 4752 square feet.
Property Profile Insight Report Location Intelligence

Current Use by Public Records

Apartment buildings

Suggested Use

Real Estate Agency Law Firm Restaurant Spa & Massage Center Hair Salon Dental Office Nail Salon Food Market Gym & Fitness Center Skin Care Clinic

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
-74.4496
Latitude
40.4883

FAQs

What type of property is this?
Apartment building - 18-unit rooming house, fully rented, high income, easy to manage.
Where is this apartment building located?
The property is located at 163 Livingston Avenue New Brunswick, NJ.
What is the asking price?
The asking price for this property is $1,550,000.
What are key features of this property?
This property features: High Net Income: $117,720 annually.; Fully Rented with Waitlist: High demand ensures consistent occupancy.; Strong Cap Rate: 7.59% indicates a profitable investment.
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message