Excellent Investment Opportunity - Well-Maintained 2-Family in Prime New Brunswick Location. Don't miss out on this exceptional chance to own a well-maintained, income-producing 2-family home in the heart of New Brunswick. Featuring 6 bedrooms and 3 bathrooms, this property sits on an oversized 29 x 108 lotdirectly across from Rutgers University and just minutes from downtown's vibrant restaurants, shops, and nightlife. Located in a high rental demand area, this property offers excellent income potential with tenants already in place. Utilities (gas, electric, and heat) are tenant-paid, keeping your overhead low. The expansive driveway accommodates 6+ cars, with additional off-street parking available. This turnkey investment is ready for you to start collecting rent immediatelyno major work needed. With a current cap rate of 7.7%, this is a rare opportunity to earn a strong return in a growing market.
Sold for $632,000
$632,000
142 George St, New Brunswick, NJ 08901
6beds
1,920sqft
Multi Family
Built in 1920
-- sqft lot
$744,800 Zestimate®
$329/sqft
$2,529 Estimated rent
Home value
$744,800
$663,000 - $842,000
$2,529/mo
Zestimate® history
Owner options
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$2,529/mo
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$2,529/mo
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$4,316/mo
Est. payment
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$4,316/mo
Est. payment
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Zillow last checked:
Listing updated:
Listed by:
CHRISTINA KAPLUN,
RE/MAX FIRST REALTY, INC. 732-257-3500,
JOHN ESPIN,
RE/MAX FIRST REALTY, INC.
Source: All Jersey MLS,MLS#: 2561386M
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 6
- Bathrooms: 3
- Full bathrooms: 3
Heating
- Baseboard
Cooling
- A/C Wall Unit(s)
Appliances
- Included: Water Heater(Gas), Water Heater
Features
- Unit 1(1 Bath, 2 Bedrooms, Kitchen, Living Room), Unit 2(2+ Baths, 4 Bedrooms, Kitchen)
- Basement: Full
Interior area
- Total structure area: 1,920
- Total interior livable area: 1,920 sqft
Property
Features
- Stories: 3
Lot
- Size: 3,131 sqft
- Dimensions: 29X108
- Features: Level
Details
- Parcel number: 1300137000000012
- Zoning: R-5A
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Condition
- Year built: 1920
Utilities & green energy
- Gas: Natural Gas
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Electricity Connected, Natural Gas Connected
Community & neighborhood
Location
- Region: New Brunswick
Other
Other facts
- Ownership: Fee Simple
Price history
| Date | Event | Price |
|---|---|---|
| 7/15/2025 | Sold | $632,000+5.4%$329/sqft |
Source:  All Jersey MLS #2561386M Report a problem | ||
| 5/19/2025 | Contingent | $599,900$312/sqft |
Source: All Jersey MLS #2561386M Report a problem | ||
| 4/16/2025 | Listed for sale | $599,900+9.1%$312/sqft |
Source: All Jersey MLS #2561386M Report a problem | ||
| 2/23/2024 | Sold | $550,000$286/sqft |
Source: All Jersey MLS #2353717M Report a problem | ||
| 1/19/2024 | Contingent | $550,000$286/sqft |
Source: All Jersey MLS #2353717M Report a problem | ||
| 12/21/2023 | Listed for sale | $550,000+13.4%$286/sqft |
Source: All Jersey MLS #2353717M Report a problem | ||
| 6/28/2022 | Sold | $485,000$253/sqft |
Source: Public Record Report a problem | ||
| 12/31/2021 | Sold | $485,000$253/sqft |
Source:  GSMLS #3747663 Report a problem | ||
| 11/25/2021 | Price change | $485,000-2.8%$253/sqft |
Source: GSMLS #3747663 Report a problem | ||
| 10/20/2021 | Listed for sale | $499,000+0.2%$260/sqft |
Source: GSMLS #3747663 Report a problem | ||
| 5/6/2021 | Listing removed | -- |
Source:  RE/MAX International Report a problem | ||
| 4/30/2021 | Pending sale | $498,000$259/sqft |
Source: RE/MAX International #2112814R Report a problem | ||
| 3/29/2021 | Contingent | $498,000$259/sqft |
Source: All Jersey MLS #2112814R Report a problem | ||
| 3/9/2021 | Listed for sale | $498,000+11.8%$259/sqft |
Source: All Jersey MLS #2112814R Report a problem | ||
| 8/13/2019 | Sold | $445,500-1%$232/sqft |
Source:  All Jersey MLS #1924628 Report a problem | ||
| 6/20/2019 | Pending sale | $450,000$234/sqft |
Source: RE/MAX FIRST REALTY, INC. #1924628 Report a problem | ||
| 6/4/2019 | Listed for sale | $450,000-4.1%$234/sqft |
Source: RE/MAX FIRST REALTY, INC. #1924628 Report a problem | ||
| 3/16/2019 | Listing removed | $469,000$244/sqft |
Source: RE/MAX FIRST REALTY, INC. #1905814 Report a problem | ||
| 9/16/2018 | Listed for sale | $469,000-6.2%$244/sqft |
Source: RE/MAX FIRST REALTY, INC. #1905814 Report a problem | ||
| 8/12/2018 | Listing removed | $499,900$260/sqft |
Source: RE/MAX FIRST REALTY, INC. #1818113 Report a problem | ||
| 6/24/2018 | Price change | $499,900-9.1%$260/sqft |
Source: RE/MAX FIRST REALTY, INC. #1818113 Report a problem | ||
| 2/12/2018 | Listing removed | $2,584$1/sqft |
Source: Zillow Rental Manager Report a problem | ||
| 2/12/2018 | Listed for sale | $550,000+12.8%$286/sqft |
Source: RE/MAX FIRST REALTY, INC. #1818113 Report a problem | ||
| 2/11/2018 | Price change | $2,584+0%$1/sqft |
Source: Zillow Rental Manager Report a problem | ||
| 2/2/2018 | Listed for rent | $2,583$1/sqft |
Source: Zillow Rental Manager Report a problem | ||
| 12/29/2015 | Sold | $487,500-1.5%$254/sqft |
Source: Public Record Report a problem | ||
| 11/10/2015 | Price change | $494,900-1%$258/sqft |
Source: BETTER HOMES REALTY #1606914 Report a problem | ||
| 9/26/2015 | Listed for sale | $499,900-2%$260/sqft |
Source: BETTER HOMES REALTY #1606914 Report a problem | ||
| 8/11/2015 | Listing removed | $509,900+191.4%$266/sqft |
Source: BETTER HOMES REALTY #1509663 Report a problem | ||
| 10/27/2005 | Sold | $175,000$91/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $13,079 | $499,400 |
| 2024 | $13,079 +3% | $499,400 |
| 2023 | $12,700 +2.2% | $499,400 |
| 2022 | $12,430 +0.4% | $499,400 |
| 2021 | $12,380 +34.8% | $499,400 |
| 2020 | $9,183 -22.4% | $499,400 |
| 2019 | $11,826 | $499,400 |
| 2018 | $11,826 +75% | $499,400 |
| 2017 | $6,758 +2.4% | $499,400 +333.5% |
| 2016 | $6,596 +1.8% | $115,200 |
| 2015 | $6,479 +0.8% | $115,200 |
| 2014 | $6,427 +4.6% | $115,200 |
| 2012 | $6,144 +3.9% | $115,200 |
| 2011 | $5,910 +2.7% | $115,200 +0.6% |
| 2010 | $5,756 +2.9% | $114,500 |
| 2009 | $5,592 | $114,500 |
| 2008 | -- | $114,500 |
| 2007 | -- | $114,500 |
| 2006 | -- | $114,500 |
| 2005 | -- | $114,500 |
| 2004 | $4,546 | $114,500 |
| 2003 | -- | $114,500 |
| 2002 | -- | $114,500 |
| 2001 | -- | $114,500 |
Find assessor info on the county website
Neighborhood: Feaster Park
Nearby schools
GreatSchools rating
- 4/10Lord Stirling Elementary SchoolGrades: PK-5Distance: 0.1 mi
- 4/10New Brunswick Middle SchoolGrades: 6-8Distance: 1.8 mi
- 2/10New Brunswick High SchoolGrades: 9-12Distance: 2.2 mi
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Estimated market value
$744,800
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
$744,800
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