$660,000
$669,000
1.3%For more information regarding the value of a property, please contact us for a free consultation.
2,070 SqFt
SOLD DATE : 01/05/2026
Key Details
Sold Price $660,000
Property Type Multi-Family
Sub Type 3 Family
Listing Status Sold
Purchase Type For Sale
Square Footage 2,070 sqft
Price per Sqft $318
Subdivision Hagaman Heights Sec #2
MLS Listing ID 2606741R
Sold Date 01/05/26
Year Built 1920
Annual Tax Amount $6,825
Tax Year 2024
Lot Size 2,500 Sqft
Acres 0.0574
Lot Dimensions 100.00 x 25.00
Property Sub-Type 3 Family
Source CJMLS API
Property Description
Fully rented 3 family house that cash flows on day one with a 7% cap rate! 114 Joyce Kilmer Ave is in a great location (in an opportunity zone!) on a corner lot with taxes of $7000!? This house is simply a cash flow machine and has lots of rental upside! Great tenants in the house, all pay on time! Apt 1 is 2 bedrooms 1 bath plus a den, legal for 3 people paying $1727. Apt 2 is 2 bedrooms 1 bath legal for 2 people paying $1681 and Apt 3 is a 1 bedroom 1 bath legal for 2 people paying $1515. All 3 apartments are well maintained. Several have updated kitchens or baths. All separate utilities and tenants pay all utilities, even water! 2 of the 3 boilers were replaced 2 years ago. Flat roof replaced 2 years ago. State Green Card (required for 3+ units) is up to date. Property being sold AS-IS, seller will not give any credits! Seller will take care of the CO. It cannot get any simpler for you here in New Brunswick. This is a 3 family house in great shape, served up on a platter where you cash flow the day you close! Hurry up, this one will go fast! Seller is a license real estate broker.
Location
State NJ
County Middlesex
Zoning R-5A
Rooms
Basement Full, Storage Space, Utility Room
Interior
Interior Features Unit 1(2 Bedrooms, Kitchen, 1 Bath, Living Room, Den/Family Room), Unit 2(2 Bedrooms, Kitchen, 1 Bath, Living Room), Unit 3(1 Bedroom, Kitchen, 1 Bath, Living Room)
Heating Baseboard, Radiant
Cooling Ceiling Fan(s), A/C Wall Unit(s), A/C Window Unit(s)
Appliance Water Heater(See Remarks, Gas), Water Heater, Unit 1(Range/Oven, Refrigerator), Unit 2(Range/Oven, Refrigerator), Unit 3(Range/Oven, Refrigerator)
Heat Source Natural Gas
Exterior
Exterior Feature Fencing/Wall, Yard, Porch
Fence Fencing/Wall
Utilities Available Gas In Street
Roof Type Asphalt
Porch Porch
Building
Lot Description Near Shopping, Near Train, Corner Lot
Story 2
Sewer Public Sewer
Water Public
Others
Senior Community no
Tax ID 1300200000000030
Ownership Fee Simple
Energy Description Natural Gas
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