$9,132 Closing Credit¹
#250009981, Listing Office: CORNERSTONE HOME REALTY LLC
$599,900 List price
142 George St New Brunswick, NJ 08901
$7,124
Closing credit¹
6 beds
3 full
1,920 sqft
0.07 acres
$312 / sqft
Multi-Family
Property details
About 142 George St
Excellent Investment Opportunity - Well-Maintained 2-Family in Prime New Brunswick Location. Don't miss out on this exceptional chance to own a well-maintained, income-producing 2-family home in the heart of New Brunswick. Featuring 6 bedrooms and 3 bathrooms, this property sits on an oversized 29 x 108 lotdirectly across from Rutgers University and just minutes from downtown's vibrant restaurants, shops, and nightlife. Located in a high rental demand area, this property offers excellent income potential with tenants already in place. Utilities (gas, electric, and heat) are tenant-paid, keeping your overhead low. The expansive driveway accommodates 6+ cars, with additional off-street parking available. This turnkey investment is ready for you to start collecting rent immediatelyno major work needed. With a current cap rate of 7.7%, this is a rare opportunity to earn a strong return in a growing market.
Highlights
Home typeMulti Family
HeatingBaseboard
StatusAccepting Backup Offers
(Under Contract)
(Under Contract)
Size1,920 sqft
Lot size0.0719 Acres
Year built1920
MLS #2561386M
Summary
- Full Bathrooms: 3
- Appliances: Water Heater
- Interior: Unit 1(1 Bath,2 Bedrooms,Kitchen,Living Room), Unit 2(2+ Baths,4 Bedrooms,Kitchen)
- Total Bedroom Count: 6
- Heating: Baseboard
- List Price: $599,900
- Price/SqFt: $312
- Annual Tax Amount: $12,699
- Tax Year: 2024
- Lot: Level
- Year Built: 1920
- Stories: 3
- Living Area: 1,920 SqFt
- Lot Size: 0.0719 Acres
- MLS Number: 2561386M
- MLS Name: CJMLS API
- Office Name: RE/MAX FIRST REALTY, INC.
The data relating to real estate for sale on this web-site comes in part from the Internet Listing Display database of the CENTRAL JERSEY MULTIPLE LISTING SYSTEM. Real estate listings held by brokerage firms other than this site-owner are marked with the ILD logo. The CENTRAL JERSEY MULTIPLE LISTING SYSTEM does not warrant the accuracy, quality, reliability, suitability, completeness, usefulness or effectiveness of any information provided. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify properties the consumer may be interested in purchasing or renting. Copyright 2025, CENTRAL JERSEY MULTIPLE LISTING SYSTEM. All Rights Reserved. The CENTRAL JERSEY MULTIPLE LISTING SYSTEM retains all rights, title and interest in and to its trademarks, service marks and copyrighted material.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 5/29/2025, 11:20:28 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$599,900
142 George St
$7,124
closing credit¹
Sell your home with Rocket and save even more!
Seller rebate
0.5% sale price²
Price information
Property sales
| Date | Event | Price |
|---|---|---|
| Mar 06, 2024 | Home Sold | $550,000 |
| Jun 28, 2022 | Home Sold | $485,000 |
| Aug 20, 2019 | Home Sold | $445,500 |
| Jan 27, 2016 | Home Sold | $487,500 |
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2024 | $499,400 | $12,699 |
| 2022 | $499,400 | $12,430 |
| 2021 | $499,400 | $12,380 |
| 2020 | $499,400 | $12,100 |
| 2019 | $499,400 | $11,825 |
History based on county public records data.
Nearby schools
4
Lord Stirling Community School
Public District PK-5
0.2 mi
•101 Redmond St
2
Roosevelt Elemmentary School
Public District KG-5
0.5 mi
•83 Livingston Ave
2
A.C. Redshaw Elemmentary School
Public District PK-5
0.6 mi
•216 Livingston Ave
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $41,974. The most common annual income of people living in New Brunswick, NJ is between $35k-100k. Residents typically live in single, no kids family. Most residents in this area have high school diploma education.
How much money do the neighbors make?
43%
<35k
44%
35k-100k
13%
100k-200k
0%
200k+
What level of education do the neighbors have?
High School Diploma
Post Secondary Degree
Masters Degree
Doctorate
What types of families live nearby?
46%
Single, No Kids
25%
Single, with Kids
11%
Married, No Kids
18%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
20%
<11 yrs old
8%
12-17 yrs old
37%
18-34 yrs old
26%
35-64 yrs old
9%
65+ yrs old
What do the neighbors do for fun?
UFC
Pro Wrestling- Pro Boxing
Where do the neighbors shop?
Family Dollar
Burlington
Express/Express For Men
Where do the neighbors go to eat?
Burger King
Cicis Pizza
Popeyes
What do the neighbors drive?
Buick
Pontiac
Dodge
What do the neighbors listen to?
Urban Contemporary
Rhythmic Contemporary Hits
Jazz
All data provided by Home Junction and Claritas
Similar homes for sale
Backup offersTour
$6,531 Closing Credit¹
#2560612M, Listing Office: KELLER WMS GREATER BRUNSWICK
This home is located at 142 George St in New Brunswick, NJ and zip code 08901. This 1,920 square foot home, which was built in 1920, sits on a 0.07 acre lot. Features: 6 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since April 12, 2025 and is currently priced at $599,900.
While more than 6 listings in New Brunswick, NJ in April 2025 were sold above asking price, there were more than 2 listings sold at asking price, and more than 4 were sold below. In April 2025 in New Brunswick, NJ there were 22.2% more homes for sale than in March. The median list price of listings available in April 2025 was $426,000, while the average time on the real estate market was 53 days.
From Rocket Homes Real Estate and based on county public records data.