$550,000

18 Lee Ave New Brunswick, NJ 08901

$6,531
Closing credit¹
5 beds
3 full
0.06 acres
Multi-Family

Property details

About 18 Lee Ave

Live in one unit and rent the other! Incredible opportunity to own this large corner 2 family income property with off-street parking and low taxes! Conveniently located near Rutgers and area schools. Ideal for an investor or owner occupant looking for a solid long-term investment. First floor you will find a huge 4 bedroom/2 bath apartment, kitchen, and living room. Upstairs you will find a 1 bedroom/1 bath apartment with kitchen, living room and bonus attic space for added storage/rec. Fenced in private backyard. Separated heat/gas/electric. Newer main roof. All new curbing on side installed and new concrete driveway apron. Close to all highways including Rt 18, 1, NJTPK, 130 and great proximity to Rutgers, area hospitals, and parks. Less than 1 mile to NB train station. New Brunswick continues to be an ideal place for investment. Don't miss out on the growth! This one wont last so make your appointments today!

Highlights

Home typeMulti Family
StatusActive
(Active - Atty Revu)
Lot size0.0574 Acres
Year built1900
Parking1-2 Car Parking
MLS #2560612M

Virtual tour

Summary

  • MLS Number: 2560612M
  • MLS Name: CJMLS API
  • Office Name: KELLER WMS GREATER BRUNSWICK

IDX 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: 3/15/2025, 7:20:48 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

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exterior space

$550,000

18 Lee Ave

$6,531

closing credit¹

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Seller rebate

0.5% sale price²

Price information

Property sales

DateEventPrice
Jan 25, 2017
Home Sold
$237,500

Tax history

YearAssessmentProperty Tax
2024$241,100$6,131
2022$241,100$6,000
2021$241,100$5,976
2020$241,100$5,841
2019$241,100$5,709

History based on county public records data.

Nearby schools

2

Roosevelt Elemmentary School

Public District KG-5

0.1 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

0.4 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, NJ residents have income between $35k-100k annually. The majority of families are married, with kids. Typical level of education for residents in this area is high school diploma.

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 18 Lee Ave in New Brunswick, NJ and zip code 08901. Features: 5 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since November 1, 2024 and is currently priced at $550,000.

In February 2025 more than 7 listings in New Brunswick, NJ were sold above the asking price. During the same period more than 4 listings were sold at asking price, while more than 8 were sold below. The number of listings in New Brunswick, NJ increased by 2.7% between January and February 2025. The median list price of listings available in February 2025 was $425,000, while the average time on the real estate market was 36 days.

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

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