Discover an investor's dream in the heart of New Brunswick! This 100%, fully occupied multi-family property features two spacious units. Unit 1 (First Floor) features 3 bedrooms and 2 baths plus a bonus room for flexible use. Unit 2 (Second Floor) features 2 bedrooms and 1 bath plus an optional bonus area. Some key highlights include (1) renovation in 2019 with new water heater and HVAC system, (2) separate meters and utilities for each unit, and (3) detached garage at the rear of the property. The current tenants have yearly leases that are available upon request. Cash Flow is impressive with cap rate of about 8%. Situated near the New Brunswick train station, bus stops, major roads, Robert Wood Johnson University Hospital, Rutgers University, and vibrant downtown New Brunswick with restaurants, shopping, and the State Theatre. This property offers strong rental income and unbeatable proximity to key amenities perfect for seasoned investors or those looking to start their portfolio.
Sold for $635,000
$635,000
111 Delavan St, New Brunswick, NJ 08901
5beds
1,632sqft
Multi Family
Built in 1910
-- sqft lot
$637,600 Zestimate®
$389/sqft
$2,439 Estimated rent
Home value
$637,600
$580,000 - $701,000
$2,439/mo
Zestimate® history
Owner options
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$2,439/mo
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$2,439/mo
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$4,359/mo
Est. payment
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$4,359/mo
Est. payment
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List your homeWhat's special
Two spacious units
Zillow last checked:
Listing updated:
Listed by:
SOPHIA G. GEORGES,
REALSOPHY REAL ESTATE LLC 732-532-6985
Source: All Jersey MLS,MLS#: 2661131M
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 5
- Bathrooms: 3
- Full bathrooms: 3
Heating
- Forced Air
Cooling
- See Remarks
Appliances
- Included: Water Heater(Gas), Water Heater, Unit 1(Dryer, Range/Oven, Refrigerator, Washer), Unit 2(Range/Oven)
Features
- Unit 1(2+ Baths, 3 Bedrooms, Kitchen), Unit 2(1 Bath, 2 Bedrooms, Kitchen)
- Basement: Full, Bath Full, Other Room(s), Storage Space, Tenant Use, Utility Room
Interior area
- Total structure area: 1,632
- Total interior livable area: 1,632 sqft
Property
Parking
- Total spaces: 1
- Parking features: Detached, 3-4 Car Parking, On Street
- Garage spaces: 1
Features
- Stories: 2
- Exterior features: Curbs, Sidewalk, Yard
Lot
- Size: 4,499 sqft
- Dimensions: 45X100
- Features: Near Public Transit, Near Shopping, Near Train, See Remarks
Details
- Parcel number: 1300216000000020
- Zoning: R-5A
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Roof: Asphalt
Condition
- Year built: 1910
Utilities & green energy
- Gas: Natural Gas
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Electricity Connected, Natural Gas Connected
Community & neighborhood
Community
- Community features: Curbs, Sidewalks
Location
- Region: New Brunswick
Other
Other facts
- Ownership: Fee Simple
Price history
| Date | Event | Price |
|---|---|---|
| 4/6/2026 | Sold | $635,000+1.6%$389/sqft |
Source:  All Jersey MLS #2661131M Report a problem | ||
| 3/5/2026 | Contingent | $625,000$383/sqft |
Source: All Jersey MLS #2661131M Report a problem | ||
| 1/16/2026 | Listed for sale | $625,000+0%$383/sqft |
Source: All Jersey MLS #2661131M Report a problem | ||
| 8/1/2024 | Listing removed | $624,900$383/sqft |
Source:  NextHome #22404328 Report a problem | ||
| 3/3/2024 | Price change | $624,900-3.7%$383/sqft |
Source: NextHome #22404328 Report a problem | ||
| 2/16/2024 | Listed for sale | $649,000+208.2%$398/sqft |
Source:  MoreMLS #22404328 Report a problem | ||
| 10/21/2019 | Sold | $210,603-22.3%$129/sqft |
Source: Public Record Report a problem | ||
| 8/21/2019 | Pending sale | $271,000$166/sqft |
Source: REDFIN CORPORATION #2001318 Report a problem | ||
| 7/21/2019 | Listed for sale | $271,000-20.3%$166/sqft |
Source: REDFIN CORPORATION #2001318 Report a problem | ||
| 5/2/2019 | Listing removed | -- |
Source: Auction.com Report a problem | ||
| 3/22/2019 | Listed for sale | -- |
Source: Auction.com Report a problem | ||
| 1/30/2006 | Sold | $340,000+61.9%$208/sqft |
Source: Public Record Report a problem | ||
| 8/18/2003 | Sold | $210,000$129/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $7,223 | $275,800 |
| 2024 | $7,223 +3% | $275,800 |
| 2023 | $7,014 +2.2% | $275,800 |
| 2022 | $6,865 +0.4% | $275,800 |
| 2021 | $6,837 +34.8% | $275,800 |
| 2020 | $5,071 -22.3% | $275,800 |
| 2019 | $6,531 | $275,800 |
| 2018 | $6,531 -6% | $275,800 |
| 2017 | $6,945 +2.4% | $275,800 +132.9% |
| 2016 | $6,780 -21.2% | $118,400 |
| 2015 | $8,599 +0.8% | $118,400 -22.6% |
| 2014 | $8,530 +4.6% | $152,900 |
| 2012 | $8,154 +3.3% | $152,900 |
| 2011 | $7,893 +2.7% | $152,900 |
| 2010 | $7,686 +2.9% | $152,900 |
| 2009 | $7,468 | $152,900 |
| 2008 | -- | $152,900 +39% |
| 2007 | -- | $110,000 |
| 2006 | -- | $110,000 |
| 2005 | -- | $110,000 |
| 2004 | $4,367 | $110,000 |
| 2003 | -- | $110,000 |
| 2002 | -- | $110,000 |
| 2001 | -- | $110,000 |
Find assessor info on the county website
Neighborhood: Feaster Park
Nearby schools
GreatSchools rating
- 4/10Paul Robeson Community Elementary SchoolGrades: PK-8Distance: 0.1 mi
- 2/10New Brunswick High SchoolGrades: 9-12Distance: 1.9 mi
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Estimated market value
$637,600
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$637,600
- New Jersey
- Middlesex County
- New Brunswick
- 08901
- Feaster Park
- 111 Delavan St
Nearby cities
Nearby neighborhoods
Nearby zip codes
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