291 New Road, Monmouth Junction, NJ 08852
MULTI_FAMILY - Monmouth Junction, NJ
- Added:
- Jun 8, 2026
- Days on Market:
- 6
- Last Refresh:
- Jun 13 at 6:06 am
Property Features for 291 New Road
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Bedrooms
- 7
- Bathrooms
- 5
- Rooms
- Bathroom 3, Bathroom 5, Bedroom 4, Bedroom 7, Bathroom 2, Bedroom 1, Bathroom 4, Basement, Bedroom 2, Bedroom 5, Bathroom 1, Bedroom 6, Bedroom 3
- Parking features
- Driveway, Off Street
- Fireplace
- 1
- Standard status
- Active
- APN
- 21-00084-04-00017-101
- Size
- 4,006 SF
- Lot size
- 0.73 Acres
Taxes and HOA fees
- Tax Year
- 2025
- Tax Annual Amount
- 11728
Utilities
- Sewer type
- Public Sewer
- Heating system
- Baseboard
- Cooling system
- Zoned
Building Details
- Year built
- 1943
- Number of units
- 2
- Roof type
- Shingle
Listing agent Joseph Gerber License #1862374 (732) 462-4242
Listing office Coldwell Banker Realty 335 Rte 9 S, Spring Lake, NJ (732) 462-4242
Listing date Jun 8, 2026
Copyright © 2026 More 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
- Two‑family home built in 1943 with public sewer and shingle roof
- Main unit: 3 bedrooms, eat‑in kitchen, laundry room, living room, and cozy fireplace
- Upstairs primary suite includes full bath plus walk‑in wardrobe/dressing room and a bonus area for a home office
- Private deck off the main residence overlooking the backyard
- Second unit has separate rear entrance and offers 3 bedrooms and a living room
- Zoned cooling and baseboard heat; off‑street parking with driveway
Overview
The second unit has its own separate rear entrance and provides three bedrooms and a living room. The home is located at 293 New Road in Monmouth Junction, NJ, in Middlesex County.
Designed for flexibility, the configuration supports extended family or guest use, while also allowing a separation between the two living areas through the second unit’s dedicated rear entry. The inclusion of multiple bedrooms in both units and dedicated spaces such as laundry and a deck can make day-to-day living more convenient for either owner-occupancy or tenant use. Photos have been digitally decluttered.
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 | $102.4k | $25.56 |
| − Vacancy | −$6.6k | −$1.65 |
| EGI | $95.8k | $23.91 |
| − OpEx | −$28.7k | −$7.17 |
| NOI | $67.0k | $16.74 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Monmouth Junction
- County
- Middlesex
- State
- New Jersey
- Longitude
- -74.5487
- Latitude
- 40.3897
