If you have been looking to build up your real estate portfolio, now is your chance! Here is a juicy, value add 4 family waiting for you to scoop up and add to your portfolio! 7 total bedrooms! 4 floors of living! All tenants are on month to month leases paying $975, $975, $975 and $800. Separately metered. 4 water heaters, 4 boilers, 4 electric panels. All you need to do is put in some elbow grease. State DCA green card updated in 2025. Owner will not deliver any units vacant. Absolutely rare opportunity to pick up 4 units under $600,000. House next door is also for sale and can be sold as a package or separate. Where else can you find an opportunity like this in a booming city like New Brunswick? Do not wait, do not hesitate. Opportunity is not knocking here. It is kicking your door down and dragging you out and giving you a chance to prosper!
Sold for $550,000
$550,000
188 Seaman St, New Brunswick, NJ 08901
7beds
4baths
1,627sqft
Multi Family
Built in 1920
-- sqft lot
$672,500 Zestimate®
$338/sqft
$1,970 Estimated rent
Home value
$672,500
$558,000 - $820,000
$1,970/mo
Zestimate® history
Owner options
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$1,970/mo
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$1,970/mo
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$3,849/mo
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$3,849/mo
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List your homeWhat's special
Zillow last checked:
Listing updated:
Listed by:
PETER TVERDOV,
TVERDOV HOUSING 732-344-0701
Source: All Jersey MLS,MLS#: 2511697R
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 7
- Bathrooms: 4
Heating
- Radiators-Steam
Cooling
- None
Appliances
- Included: Water Heater(Gas), Water Heater
Features
- Unit 1(2 Bedrooms, Kitchen, 1 Bath, Living Room), Unit 2(2 Bedrooms, Kitchen, 1 Bath, Living Room), Unit 3(2 Bedrooms, Kitchen, 1 Bath, Living Room), Unit 4(1 Bedroom, Kitchen, 1 Bath, Living Room)
Interior area
- Total structure area: 1,627
- Total interior livable area: 1,627 sqft
Property
Features
- Stories: 3
Lot
- Size: 2,500 Square Feet
- Dimensions: 100.00 x 25.00
- Features: Near Shopping, Near Train
Details
- Parcel number: 1300179000000031
- Zoning: R-5A
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Roof: Asphalt
Condition
- Year built: 1920
Utilities & green energy
- Gas: Natural Gas
- Sewer: Public Sewer
- Water: Public
- Utilities for property: See Remarks
Community & HOA
Location
- Region: New Brunswick
Financial & listing details
- Price per square foot: $338/sqft
- Tax assessed value: $263,500
- Annual tax amount: $6,701
- Date on market: 4/10/2025
- Ownership: Joint Venture
- Lease term: Unit 1(Month-Month),Unit 2(Month-Month),Unit 4(Month-Month)
Price history
| Date | Event | Price |
|---|---|---|
| 3/2/2026 | Listing removed | $1,800$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 2/8/2026 | Listed for rent | $1,800$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 8/11/2025 | Sold | $550,000-8.2%$338/sqft |
Source:  All Jersey MLS #2511697R Report a problem | ||
| 5/15/2025 | Contingent | $599,000$368/sqft |
Source: All Jersey MLS #2511697R Report a problem | ||
| 4/10/2025 | Listed for sale | $599,000+20%$368/sqft |
Source: All Jersey MLS #2511697R Report a problem | ||
| 1/4/2024 | Listing removed | -- |
Source: All Jersey MLS #2350839M Report a problem | ||
| 9/28/2023 | Listing removed | $499,000$307/sqft |
Source: All Jersey MLS #2350839M Report a problem | ||
| 9/27/2023 | Contingent | $499,000$307/sqft |
Source: All Jersey MLS #2350839M Report a problem | ||
| 8/16/2023 | Pending sale | $499,000$307/sqft |
Source: All Jersey MLS #2350839M Report a problem | ||
| 4/5/2023 | Contingent | $499,000$307/sqft |
Source: All Jersey MLS #2350839M Report a problem | ||
| 2/24/2023 | Listed for sale | $499,000$307/sqft |
Source: All Jersey MLS #2350839M Report a problem | ||
| 2/17/2023 | Listing removed | -- |
Source: All Jersey MLS #2300833R Report a problem | ||
| 2/16/2023 | Listed for sale | $499,000$307/sqft |
Source: All Jersey MLS #2300833R Report a problem | ||
| 1/6/2023 | Contingent | $499,000$307/sqft |
Source: All Jersey MLS #2300833R Report a problem | ||
| 9/23/2022 | Price change | $499,000-4%$307/sqft |
Source: All Jersey MLS #2300833R Report a problem | ||
| 8/19/2022 | Price change | $519,900-1.9%$320/sqft |
Source: All Jersey MLS #2300833R Report a problem | ||
| 7/16/2022 | Listed for sale | $529,900+292.5%$326/sqft |
Source: All Jersey MLS #2300833R Report a problem | ||
| 4/19/1999 | Sold | $135,000$83/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $6,901 | $263,500 |
| 2024 | $6,901 +3% | $263,500 |
| 2023 | $6,701 +2.2% | $263,500 |
| 2022 | $6,559 +0.4% | $263,500 |
| 2021 | $6,532 +35.4% | $263,500 |
| 2020 | $4,824 -22.7% | $263,500 |
| 2019 | $6,240 | $263,500 |
| 2018 | $6,240 +1% | $263,500 |
| 2017 | $6,177 +2.4% | $263,500 +150.2% |
| 2016 | $6,029 +1.8% | $105,300 |
| 2015 | $5,922 +0.8% | $105,300 |
| 2014 | $5,875 +4.6% | $105,300 |
| 2012 | $5,616 +3.3% | $105,300 |
| 2011 | $5,436 +2.7% | $105,300 |
| 2010 | $5,293 +2.9% | $105,300 |
| 2009 | $5,143 | $105,300 |
| 2008 | -- | $105,300 |
| 2007 | -- | $105,300 |
| 2006 | -- | $105,300 |
| 2005 | -- | $105,300 |
| 2004 | $4,180 | $105,300 |
| 2003 | -- | $105,300 |
| 2002 | -- | $105,300 |
| 2001 | -- | $105,300 |
Find assessor info on the county website
Neighborhood: Feaster Park
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Nearby schools
GreatSchools rating
- 4/10Roosevelt Elementary SchoolGrades: K-5Distance: 0.3 mi
- 4/10New Brunswick Middle SchoolGrades: 6-8Distance: 1.5 mi
- 2/10New Brunswick High SchoolGrades: 9-12Distance: 1.9 mi
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Estimated market value
$672,500
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
$672,500
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