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-8 Prospect Street, 
New Brunswick, NJ 08901

$599,999

—

Bed

3

Baths

2,278

Sq Ft

Multi-Family

Virtual Tour

Active

Halo Realty

Last updated:

June 5, 2026, 03:20 PM

MLS#

2614145R

Source:

NJ MCMLS

About This Home

-8 Prospect Street

Excellent income‑producing 3‑family property in the heart of New Brunswick, next to the hospital and short distance to NJ Transit trains. Rare, fully rented 3‑family with basement offering strong cash flow. Unit 1 features 2 BR / 1 FB, Kitchen & LR ($1,756/mo). Unit 2 features 1 BR / 1 FB, Kitchen & LR ($1,350/mo). Unit 3 features 1 BR / 1 FB, Kitchen & LR ($1,300/mo). Units 1 & 2 gas heat, Unit 3 electric heat. Separate electric & gas meters. Tenants pay electric/gas; owner pays water. Newer flooring throughout, new roof, updated fire escape and rear stairs. Owner invested nearly $50K in improvements over past 5 years. 2025 Gross Income $52,872. Expenses $20,389.23. NOI $32,482.77. Cap Rate 5.41%. Prime location near Rutgers, hospitals, transportation, and downtown amenities. Showings begin 05/09/26. Do not miss this opportunity!

Home Facts

Multi-Family

3 Baths

Built in 1882

Price Summary

599,999

$263 per Sq. Ft.

MLS #:

2614145R

Last Updated:

June 5, 2026, 03:20 PM

Added:

a month ago

Rooms & Interior

Bathrooms

Total Bathrooms:

3

Interior

Living Area:

2,278 Sq. Ft.

Structure

Structure

Building Area:

2,278 Sq. Ft.

Year Built:

1882

Lot

Lot Size (Sq. Ft):

2,500

Finances & Disclosures

Finances

Price:

$599,999

Price per Sq. Ft:

$263 per Sq. Ft.

Source:NJ MCMLS
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Contact an Agent

Yes, I would like more information. Please use and/or share my information with a Coldwell Banker ® affiliated agent to contact me about my real estate needs. By clicking Contact, I request to be contacted by phone or text message and consent to being contacted by automated means. I understand that my consent to receive calls or texts is not a condition of purchasing any property, goods, or services. Alternatively, I understand that I can access real estate services by email or I can contact the agent myself.

If a Coldwell Banker affiliated agent is not available in the area where I need assistance, I agree to be contacted by a real estate agent affiliated with another brand owned or licensed by Anywhere Real Estate (BHGRE®, CENTURY 21®, Corcoran®, ERA®, or Sotheby's International Realty®). I acknowledge that I have read and agree to the terms of use and privacy notice.