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What makes this property special compared to others in the area
1,400 sqft, 210 sqft larger (18%) than nearby homes
Property values in New Brunswick have increased 7% in the last year
New Brunswick is a sought-after location with great amenities and accessibility
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
Average home price in this area
0 new listings in the last 3 months
0 homes sold in the last 3 months
Market data is based on recent sales and listings in this area.
What makes this property special compared to others in the area
1,400 sqft, offering generous living space in New Brunswick
New Brunswick is currently a hot seller's market
Built in 1920 with contemporary features
Great value in a desirable New Brunswick location
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
Go see 174 Townsend Street, New Brunswick NJ 08901
Pick a time to see the home and we'll coordinate a tour for you.
Average home price in this area
45 new listings in the last 3 months
68 homes sold in the last 3 months
Market data is based on recent sales and listings in this area.
Home prices in 08901 have decreased over the last 3 years while overall home prices in New Brunswick have been growing.
-1.4% per year
13.7% per year
Jun 2025
$488k
What makes this property special compared to others in the area
1,400 sqft, offering generous living space in New Brunswick
New Brunswick is currently a balanced market
Built in 1920 with contemporary features
Great value in a desirable New Brunswick location
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
Go see 174 Townsend Street, New Brunswick NJ 08901
Pick a time to see the home and we'll coordinate a tour for you.
Average home price in this area
45 new listings in the last 3 months
68 homes sold in the last 3 months
Market data is based on recent sales and listings in this area.
Home prices in 08901 have decreased over the last 3 years while overall home prices in New Brunswick have been growing.
-1.4% per year
13.7% per year
Jun 2025
$488k