Two-Family Cape Cod
New
For Sale
$617,000
6 Roseland Pl, North Brunswick, NJ 08902
Five bedrooms and 2.5 baths are arranged across the first floor and basement, with laundry and a fenced yard.
Property Size1,237 SF
Days on Market2
Property Features for 6 Roseland Pl
General Information
Standard status
Active
Size
1,237 SF
Property subtype
Investment
Additional Details
Multifamily Units
2
Taxes and HOA fees
Annual Taxes
$7,136
Amenities
deck
fenced yard
Building Details
Building Size
1,237 SF
Year Built
1944
Buildings
1
Stories
2
Construction
Cape Cod
Listing Agency:
BORAIE Realty, LLC
Listed By:
IVAN GUTIERREZ
(732) 841-4496
Source:
Elliman
Added: Oct 23
Last Checked: Oct 24 at 4:44PM
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 BORAIE Realty, LLC
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Investment Insights
Based on property information with market context.
This two-family Cape Cod-style duplex was built in 1944 and contains five bedrooms and 2.5 baths. The first floor and basement have been renovated, and the property includes a large primary bedroom with a spacious closet. Basement features include an additional bedroom, a half bath combined with laundry, carpet, and a storage room. A new roof and deck were installed recently.
The yard is fenced. The owner can deliver the property vacant if needed. Walk Score is 76, Bike Score is 66, and Transit Score is 32.
The yard is fenced. The owner can deliver the property vacant if needed. Walk Score is 76, Bike Score is 66, and Transit Score is 32.
Key Highlights
- Two‑family Cape Cod‑style property built in 1944
- Five bedrooms and 2.5 baths total
- Recently renovated first floor and basement
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$20,703
Cap Rate
3.36%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$414,060
$414.1K
Cap Rate 7%
$295,757
$295.8K
Cap Rate 9%
$230,033
$230.0K
Market Conditions
NOI Build-Up for 1,237 SF
Gross rent
$31.6K $25.56/SF
− Vacancy
−$2.0K −$1.65/SF
EGI
$29.6K $23.91/SF
− OpEx
−$8.9K −$7.17/SF
NOI
$20.7K $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%
$414,060
Cap Rate 7%
$295,757
Cap Rate 9%
$230,033
Alternative Uses
Best Use
Multifamily LT 5
$295.8K
$258.8K – $345.1K
NOI $20,703 @ 7.0% cap · market cap 3.36%
Second Best
Apartment 5plus
$271.8K
$237.8K – $317.1K
NOI $19,023 @ 7.0% cap · market cap 3.08%
Theoretical Best
Office A
$323.0K
$282.6K – $376.8K
NOI $22,610 @ 7.0% cap · market cap 3.66%
Zoning and permitted uses should be independently verified with authorities.
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Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
891
Businesses Nearby
Explore this area
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 - Five bedrooms and 2.5 baths are arranged across the first floor and basement, with laundry and a fenced yard.
Where is this duplex located?
The property is located at 6 Roseland Pl North Brunswick, NJ.
What is the asking price?
The asking price for this property is $617,000.
What are key features of this property?
This property features: Two‑family Cape Cod‑style property built in 1944; Five bedrooms and 2.5 baths total; Recently renovated first floor and basement
