308 Columbus Place
New Brunswick, NJ 08901
--
Bed
6
Bath
3,000Sqft
0.13Acre(Lot)
Opportunities like this one do not come often! A nicely maintained 6 unit building, in a quiet area of New Brunswick is waiting to be added into your real estate portfolio. You always wanted more doors, a bigger building? Now is your chance! 6 studio apartments (all the same size) with several that have value add upside. All 6 units are leased, the total rent roll for the building is $76,140. The asking price cap rate is 6.33% with conservative underwriting. Owner pays for water, snow and lawn maintenance. Tremendous value add upside on this building! This is a great building to add into your real estate portfolio but it will not last!
Property Details
Map
Map
What's Nearby
Nearby Areas
Features
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Bathroom Information
Total Baths: 6Room Information
Rooms Total: 6 Has Basement: Yes Basement: Full, Storage Space -
Roofing Information
Flat -
Interior Features
Storage Roof: Flat Appliances: Water Heater, Refrigerator -
Heating & Cooling
Has Heating: Yes Heating: Central, Forced Air Has Cooling: Yes Cooling: Wall Unit(s), Window Unit(s)
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Building Information
Year Built: 1950 Building Area Total: 3000 Construction Materials: Brick Stories: 2 Private Pool: No
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Lot Information
Lot Dimensions: 110.00 x 100.00 Main Square Feet: 0.1263 Acres Lot Size Acres: 0.1263 Lot Size Square Feet: 5502
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Listing Price Information
Listing Price: $799000
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Tax Information
Parcel Number: 130026600000002901 Tax Lot: 29.01 Tax Block: 266 Tax Year: 2024 Annual Tax: $13938
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Utility Information
Natural Gas Available -
Location Information
Direction: Off Joyce Kilmer Ave WaterSource: Public
How much is this property worth?
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Nearby Home Value
| Address | Estimate | Bed | Bath | Sq. Ft | Lot Size |
|---|---|---|---|---|---|
| 126 Jones Avenue, New Brunswick, NJ, 08901 | $535,000 | -- | 2 | -- | |
| 15 S Ward Street, New Brunswick, NJ, 08901 | $515,000 | 4 | 2 | 1,760 | 1,760 SqFt |
| 65 Hale Street, New Brunswick, NJ, 08901 | $649,900 | -- | 2 | 2,346 | 2,346 SqFt |
| 75 Delavan Street, New Brunswick, NJ, 08901 | $350,000 | -- | 4 | 3,066 | 3,066 SqFt |
| 181 Redmond Street, New Brunswick, NJ, 08901 | $450,000 | -- | 2 | -- | |
| 168 Throop Avenue, New Brunswick, NJ, 08901 | $800,000 | -- | 3 | 2,235 | 2,235 SqFt |
| 378 George Street, New Brunswick, NJ, 08901 | $2,495,000 | -- | 5 | 6,120 | 6,120 SqFt |
| 183 Seaman Street, New Brunswick, NJ, 08901 | $580,000 | -- | 2 | 1,928 | 1,928 SqFt |
| 135 Baldwin Street, New Brunswick, NJ, 08901 | $519,000 | -- | 2 | 2,184 | 2,184 SqFt |
| 187 Hale Street, New Brunswick, NJ, 08901 | $500,000 | -- | -- | 1,248 | 1,248 SqFt |
Similar Multifamily To 308 Columbus Place
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ByOwner last updated this listing 07/03/2026 @ 17:29
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