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118 Hamilton Street

New Brunswick, NJ 08901
  • $624,900
  • STATUS: Under Contract
  • ON SITE: 68 Days
  • MLS #: 2303685R
Under Contract
UPDATED: 18 min ago
$624,900
  • 0
    BEDS
  • 0.05
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 2,361
    SQFT
  • $265
    $/SQFT
Type:
Multi-Family
Built:
1902
County:

School Ratings & Info

Description

Close to everything in Rutgers and all of New Brunswick. Large 2 family home in desirable IN-1 New Brunswick Zone, in the center of Rutgers Campus, Across from Fraternity Row and less than 500 Feet from College Ave and "The Yard". Each Apartment features a Kitchen, Living Room and 3 Bedrooms (subject to municipal verification).Fully Occupied with long term tenants, rented for way under market value. 2 Electric Meters, 2 Gas Meters, 2 75 Gallon Hot Water Heaters, 1 Steam Boiler less than 5 years old. Currently Landlord pays all utilities, but in my opinion system can be easily split with the installation of another boiler and some time spent by an electrician and plumber. Attic also has 2 finished rooms. May be able to be added to living space from second floor but need to verify with a licensed architect and zoning officials. High ceiling in basement allows tenant to use by 1st floor tenant as a workout area/bar/recreation room. Property can be sold with 57 Easton Avenue, "Next Door" gift shop (see listing 2303669R. IN-1 Zone allows for Fraternity Houses. Close proximity to train station, Rutgers University, Robert Wood Johnson and St. Peters Hospital. Between Easton Avenue and College Avenue (one of the most highly travelled foot traffic areas in New Brunswick). Don't miss this investment opportunity, will not last long.

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Central Jersey MLS logo 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, INC. Real estate listings held by brokerage firms other than this site-owner are marked with the ILD logo. The CENTRAL JERSEY MULTIPLE LISTING SYSTEM, INC does not warrant the accuracy, quality, reliability, suitability, completeness, usefulness or effectiveness of any information provided. Copyright 2022, CENTRAL JERSEY MULTIPLE LISTING SYSTEM, INC. All rights reserved. The CENTRAL JERSEY MULTIPLE LISTING SYSTEM, INC retains all rights, title and interest in and to its trademarks, service marks and copyrighted material. 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. Data last updated: 2022-11-27T11:07:55.9.
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118 Hamilton Street New Brunswick, NJ 08901

  • Price: $624,900
  • Status: Under Contract
  • On Site: 68 Days
  • Updated: 18 min ago
  • MLS #: 2303685R
0
Beds
0
Baths
0
½ Baths
0.05
Acres
2,361
SQFT
$265
$/SQFT
1902
Built
County:
Middlesex
Area:
New Brunswick
Property Description
Close to everything in Rutgers and all of New Brunswick. Large 2 family home in desirable IN-1 New Brunswick Zone, in the center of Rutgers Campus, Across from Fraternity Row and less than 500 Feet from College Ave and "The Yard". Each Apartment features a Kitchen, Living Room and 3 Bedrooms (subject to municipal verification).Fully Occupied with long term tenants, rented for way under market value. 2 Electric Meters, 2 Gas Meters, 2 75 Gallon Hot Water Heaters, 1 Steam Boiler less than 5 years old. Currently Landlord pays all utilities, but in my opinion system can be easily split with the installation of another boiler and some time spent by an electrician and plumber. Attic also has 2 finished rooms. May be able to be added to living space from second floor but need to verify with a licensed architect and zoning officials. High ceiling in basement allows tenant to use by 1st floor tenant as a workout area/bar/recreation room. Property can be sold with 57 Easton Avenue, "Next Door" gift shop (see listing 2303669R. IN-1 Zone allows for Fraternity Houses. Close proximity to train station, Rutgers University, Robert Wood Johnson and St. Peters Hospital. Between Easton Avenue and College Avenue (one of the most highly travelled foot traffic areas in New Brunswick). Don't miss this investment opportunity, will not last long.
Exterior Features

Carport Spaces 0 Covered Spaces 0 Direction Faces Northwest Lot Features Near TrainInterior LotIrregular LotNear Public Transit Parking Features See RemarksOn Street Patio And Porch Features Porch(Es) - Open

Interior Features

Appliances Water Heater(Gas)Water HeaterUnit 1(Range/Oven)Unit 2(Range/Oven) Basement FullRecreation RoomStorage SpaceTenant UseInterior EntryUtility Room Building Area Total 2361 Cooling None Heating Radiators-Steam Interior Features Unit 1(3 BedroomsKitchen1 BathLiving Room)Unit 2(3 BedroomsKitchen1 BathLiving Room) Stories Total 3 Window Features Insulated WindowsScreens/Storms

Property Features

Carport YN No Community Features CurbsSidewalks Garage YN No Gas Natural Gas Heating YN Yes Owner Pays Unit 1 Owner Pays(ElectricSee RemarksWaterGas)Unit 2 Owner Pays(ElectricWaterGas) Ownership Fee Simple Property Sub Type 2 Family Sewer Public Sewer Tax Annual Amount 9192 Tax Year 2021 Utilities Electricity ConnectedNatural Gas Connected Water Source Public Zoning In-1



Central Jersey MLS logo Listing courtesy of Aim Realty Corp.: .
Copyright 2022, CENTRAL JERSEY MULTIPLE LISTING SYSTEM, INC.. All rights reserved. The CENTRAL JERSEY MULTIPLE LISTING SYSTEM, INC. retains all rights, title and interest in and to its trademarks, service marks and copyrighted material.




Central Jersey MLS logo 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, INC. Real estate listings held by brokerage firms other than this site-owner are marked with the ILD logo. The CENTRAL JERSEY MULTIPLE LISTING SYSTEM, INC does not warrant the accuracy, quality, reliability, suitability, completeness, usefulness or effectiveness of any information provided. Copyright 2022, CENTRAL JERSEY MULTIPLE LISTING SYSTEM, INC. All rights reserved. The CENTRAL JERSEY MULTIPLE LISTING SYSTEM, INC retains all rights, title and interest in and to its trademarks, service marks and copyrighted material. 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. Data last updated: 2022-11-27T11:07:55.9.
 
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