4-Unit
New
For Sale
$725,000
942 Edwin Street, North Brunswick, NJ 08902
Multi-Family, North Brunswick, NJ
Property Size1,840 SF
Lot Size0.11 Acres
Price / SF$394.02
Days on Market3
Property Features for 942 Edwin Street
General Information
Property type
Residential Multi Family
Property subtype
Other
Zoning description
Residential, Multi-Family
Bedrooms
2
Bathrooms
1
Full bathrooms
4
Rooms
Bathroom 4, Basement, Bedroom 1, Bedroom 2, Bathroom 2, Bathroom 1, Bathroom 3
Directions
as per gps
Standard status
Active
APN
14-00152-0000-00008-01
Size
1,840 SF
Lot size
0.11 Acres
Taxes and HOA fees
Tax Year
2025
Tax Annual Amount
9449
Utilities
Sewer type
Public Sewer
Cooling system
Multi Units
Water source
Public
Building Details
Year built
1924
Floors in Building
1
Number of units
4
Listing Agency:
Coldwell Banker Realty
(732) 462-4242
Listed By:
Maria Skowronski · License #2185717
(732) 887-0743
Added: Oct 14
Changed: Oct 15
Last Checked: Oct 16 at 12:06AM
MLS# 22632507
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.
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Investment Insights
Based on property information with market context.
This 4-unit quadplex contains 1,840 square feet on a 0.11-acre lot. Three apartments have been renovated recently. The building dates to 1924 and has cooling in multiple units, along with public water and public sewer service.
Route 1, train stations, and bus transportation are noted as nearby transportation options. The property is in North Brunswick, New Jersey.
Route 1, train stations, and bus transportation are noted as nearby transportation options. The property is in North Brunswick, New Jersey.
Key Highlights
- Four‑unit residential property
- Three of the four apartments were recently renovated
- 1,840 square feet on a 0.11‑acre lot
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$30,795
Cap Rate
4.25%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$615,900
$615.9K
Cap Rate 7%
$439,929
$439.9K
Cap Rate 9%
$342,167
$342.2K
Market Conditions
NOI Build-Up for 1,840 SF
Gross rent
$47.0K $25.56/SF
− Vacancy
−$3.0K −$1.65/SF
EGI
$44.0K $23.91/SF
− OpEx
−$13.2K −$7.17/SF
NOI
$30.8K $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%
$615,900
Cap Rate 7%
$439,929
Cap Rate 9%
$342,167
Alternative Uses
Best Use
Multifamily LT 5
$439.9K
$384.9K – $513.3K
NOI $30,795 @ 7.0% cap · market cap 4.25%
Second Best
Apartment 5plus
$404.2K
$353.7K – $471.6K
NOI $28,296 @ 7.0% cap · market cap 3.90%
Theoretical Best
Office A
$480.5K
$420.4K – $560.5K
NOI $33,632 @ 7.0% cap · market cap 4.64%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Current Use
Lease Details
4
Residential units
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
473
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
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Quadplex - Three apartments have undergone recent renovations, while the property retains four separate units.
Where is this quadplex located?
The property is located at 942 Edwin Street North Brunswick, NJ.
What is the asking price?
The asking price for this property is $725,000.
What are key features of this property?
This property features: Four‑unit residential property; Three of the four apartments were recently renovated; 1,840 square feet on a 0.11‑acre lot
