Three-Unit Triplex With
For Sale
$899,900
612 Livingston Ave, North Brunswick, NJ 08902
Mixed-use configuration includes a business storefront, two additional units, and access to public utilities.
Property Size1,839 SF
Price / SF$489.34
Days on Market36
Property Features for 612 Livingston Ave
General Information
Standard status
Active
Size
1,839 SF
Property subtype
Residential Income
Taxes and HOA fees
Annual Taxes
$9,383
Listing Agency:
RE/MAX INNOVATION
(732) 298-6006
Listed By:
JOSEPH A. MARASCIO
Source:
Exprealty
Added: Jul 1
Changed: Aug 2
Last Checked: Aug 2 at 3:54AM
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 INNOVATION
Investment Insights
Based on property information with market context.
This 1,839-square-foot triplex offers three units, including a storefront suitable for business occupancy. The property includes a two-car garage, a newer roof, and recently painted exterior surfaces. Gas and electric service are supplemented by public water and public sewer. All three units are currently leased on a month-to-month basis.
The property occupies a corner location at 612 Livingston Ave in North Brunswick, NJ, across from Bank of America and within the business district. Train service, a bus line, and shopping are identified in the surrounding area. The site also includes an oversized lot, with the source information noting that a construction loan may be possible for an addition.
The property occupies a corner location at 612 Livingston Ave in North Brunswick, NJ, across from Bank of America and within the business district. Train service, a bus line, and shopping are identified in the surrounding area. The site also includes an oversized lot, with the source information noting that a construction loan may be possible for an addition.
Key Highlights
- Three‑unit triplex with a storefront and 1,839 square feet
- All 3 units leased on month‑to‑month terms
- Two‑car garage included on the property
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 | $47.0k | $25.56 |
| − Vacancy | −$3.0k | −$1.65 |
| EGI | $44.0k | $23.91 |
| − OpEx | −$13.2k | −$7.17 |
| NOI | $30.8k | $16.74 |
1,839 SF · lease $25.56/SF/yr · vacancy 6.46% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$439.7K
$384.7K – $513.0K
NOI $30,778 @ 7.0% cap · market cap 3.42%
Second Best
Apartment 5plus
$404.0K
$353.5K – $471.3K
NOI $28,280 @ 7.0% cap · market cap 3.14%
Theoretical Best
Office A
$480.2K
$420.2K – $560.2K
NOI $33,614 @ 7.0% cap · market cap 3.74%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
846
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
Market
Vacancy Rate% for Multifamily in Northeast region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Triplex - Mixed-use configuration includes a business storefront, two additional units, and access to public utilities.
Where is this triplex located?
The property is located at 612 Livingston Ave North Brunswick, NJ.
What is the asking price?
The asking price for this property is $899,900.
What are key features of this property?
This property features: Three‑unit triplex with a storefront and 1,839 square feet; All 3 units leased on month‑to‑month terms; Two‑car garage included on the property
