Corner Retail-Residential
614-612 Livingston Ave North Brunswick, NJ 08902
614-612 Livingston Ave, North Brunswick, NJ, 08902
$899,900
For Sale
$899,900
Three rented units include a storefront and two residential units, with a two-car garage and recently updated roof and exterior paint.
Property Size1,839 SF
Price / SF$489.34
Days on Market23
Property Features for 614-612 Livingston Ave
General Information
- Standard status
- Active
- Size
- 1,839 SF
Listing agency
RE/MAX INNOVATION
(732) 298-6006
Listed by
JOSEPH A. MARASCIO
Source
Exprealty
Added: Jul 1 Updated: Jul 22 at 3:25PM Checked: Jul 22 at 3:25PM
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 three-unit property combines storefront space with two additional residential units. All three units are currently rented on month-to-month leases. The exterior has recently been painted and the roof is newer. Utilities are gas and electric, with public water and public sewer service, and the property includes a two-car garage.
The building is positioned on a corner with street presence in the business district. The public remarks note nearby transit options and that the property sits across from Bank of America.
Set on an oversized lot, the site may offer flexibility for future improvement, including potential for an addition subject to lending and approvals.
The building is positioned on a corner with street presence in the business district. The public remarks note nearby transit options and that the property sits across from Bank of America.
Set on an oversized lot, the site may offer flexibility for future improvement, including potential for an addition subject to lending and approvals.
Key Highlights
- 3‑unit property with a storefront plus 2 residential units; all 3 units are rented on month‑to‑month leases
- Corner location with street presence; storefront is right across from Bank of America
- Newer roof and exterior just painted
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 | $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 local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Triplexes
Similar For Sale Nearby
FAQs
What type of property is this?
Triplex - Three rented units include a storefront and two residential units, with a two-car garage and recently updated roof and exterior paint.
Where is this triplex located?
The property is located at 614-612 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: 3‑unit property with a storefront plus 2 residential units; all 3 units are rented on month‑to‑month leases; Corner location with street presence; storefront is right across from Bank of America; Newer roof and exterior just painted
