$469,000

174 Townsend St New Brunswick City, NJ 08901

$5,569
Closing credit¹
3 beds
2 full
0.06 acres
Multi-Family

Property details

About 174 Townsend St

This two-unit investment property at 174 Townsend Street in New Brunswick presents a great opportunity for buyers looking to expand their rental portfolio. The home features three bedrooms and two bathrooms across both units and is currently fully rented, generating $2,700 per month in rental income. With rents below market value, there is strong potential to increase cash flow through strategic upgrades and rent adjustments. The property is being sold as-is, and the buyer will be responsible for obtaining a certificate of occupancy and meeting any municipal requirements. Located in an up-and-coming area of New Brunswick, this home is ideal for investors seeking value-add potential. The seller is a licensed real estate professional, Don?t miss this chance to add a solid rental property to your portfolio

Highlights

Home typeMulti Family
HeatingOther, Natural Gas
StatusActive
Lot size0.06 Acres
Year built1950
ParkingSee Remarks
MLS #3959113

Summary

  • Full Bathrooms: 2
  • Basement: No
  • Total Bedroom Count: 3
  • Parking: See Remarks
  • Architectural Style: 2-Two Story
  • Heating: Other, Natural Gas
  • Cooling: None
  • List Price: $469,000
  • Directions: Townsend St.
  • Year Built: 1950
  • Lot Size: 0.06 Acres
  • MLS Number: 3959113
  • Office Name: LIVX
  • Office Phone: (908) 212-3333

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Last updated on: 4/29/2025, 1:20:47 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

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view of front facade

$469,000

174 Townsend St

$5,569

closing credit¹

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0.5% sale price²

Price information

Property sales

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Tax history

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Nearby schools

2

Roosevelt Elemmentary School

Public District KG-5

0.2 mi

83 Livingston Ave

4

Lord Stirling Community School

Public District PK-5

0.3 mi

101 Redmond St

2

A.C. Redshaw Elemmentary School

Public District PK-5

0.3 mi

216 Livingston Ave

School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.

All data from GreatSchools

Neighborhood

The neighbors living near this home have an average income of $51,884. The majority of New Brunswick City, NJ residents have income between $35k-100k annually. Residents typically live in married, with kids family. Residents of this area typically have high school diploma education.

How much money do the neighbors make?

32%
<35k
42%
35k-100k
22%
100k-200k
4%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree

What types of families live nearby?

26%
Single, No Kids
30%
Single, with Kids
9%
Married, No Kids
35%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

24%
<11 yrs old
8%
12-17 yrs old
36%
18-34 yrs old
29%
35-64 yrs old
3%
65+ yrs old

What do the neighbors do for fun?

  • Pro BoxingPro Boxing
  • SoccerSoccer
  • Pro WrestlingPro Wrestling

Where do the neighbors shop?

  • BurlingtonBurlington
  • Forever 21Forever 21
  • Express/Express For MenExpress/Express For Men

Where do the neighbors go to eat?

  • PopeyesPopeyes
  • Dominos PizzaDominos Pizza
  • Cicis PizzaCicis Pizza

What do the neighbors drive?

  • DodgeDodge
  • MazdaMazda
  • PontiacPontiac

What do the neighbors listen to?

  • Urban ContemporaryUrban Contemporary
  • Rhythmic Contemporary HitsRhythmic Contemporary Hits
  • NewsNews
All data provided by Home Junction and Claritas

Similar homes for sale

This home is located at 174 Townsend St in New Brunswick City, NJ and zip code 08901. Features: 3 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since April 27, 2025 and is currently priced at $469,000.

Over 2 listings were sold over their listed price in March 2025 in New Brunswick City, NJ. In the same period over 5 listings were sold below the listed price and 1 listings were sold for the listed price. The inventory of homes for sale in New Brunswick City, NJ between February and March 2025 decreased by 17.6%. The median list price of listings available in March 2025 was $425,000, while the average time on the real estate market was 63 days.

From Rocket Homes Real Estate and based on county public records data.

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