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Two-Family Residence on Campus
For Sale
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22 Richardson St, New Brunswick, NJ 08901

Two-family residence with three- and five-bedroom apartments, situated on a university campus with annual leased income.

Property Size3,334 SF
Days on Market121

Property Features for 22 Richardson St

General Information

Standard status Active
Size 3,334 SF
Property subtype Multifamily

Additional Details

Highway Access Yes
Multifamily Units 2

Building Details

Tenancy Multi
Listing Agency: Stafford Smith Realty
Listed By: Ray Smith · License #NJ CO-8300337
Source: Crexi
Added: Apr 11 Changed: Aug 8 Last Checked: Jul 22 at 5:58PM

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 Stafford Smith Realty

Investment Insights

Based on property information with market context.

This two-family residence offers 3,334 square feet and is configured with a three-bedroom apartment and a five-bedroom apartment. The property is described as located on Rutgers University campus and is currently leased on an annual basis, producing stated annual income of $122,000.

The property provides easy access to Highway 18 and Interstates 95 and 287, supporting convenient regional connectivity for residents and visitors.

For sale as a residential income property featuring two separate apartment units with distinct bedroom counts.

Key Highlights

  • 3,334 SF two‑family residence with three‑bedroom and five‑bedroom apartments
  • Located on Rutgers University campus
  • Leased annual income of $122,000

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick Electrical Service (Bike/Boat/Book/etc) Store Locksmith Carpet & Flooring Store Bed & Breakfast Clothing & Fashion Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

2
Residential units
Multi-tenant
Tenancy
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

1,498
Businesses Nearby

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

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025
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Frequently Asked Questions

What type of property is this?
Duplex - Two-family residence with three- and five-bedroom apartments, situated on a university campus with annual leased income.
Where is this duplex located?
The property is located at 22 Richardson St New Brunswick, NJ.
What are key features of this property?
This property features: 3,334 SF two‑family residence with three‑bedroom and five‑bedroom apartments; Located on Rutgers University campus; Leased annual income of $122,000
(732) 747-1000 Call to check price and availability
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