Fantastic Investment Opportunity in the Heart of New Brunswick! This legal two-family home sits on a 50x80 lot and offers strong rental income potential in a prime location. Each spacious unit features 3 bedrooms and 1 full bath, providing comfortable living space for tenants or future owner-occupants. Both units are currently rented with leases in place through May 31, 2025, ensuring immediate cash flow for the savvy investor. All utilities are separately metered, making management straightforward and efficient. Additional highlights include off-street parking, a valuable asset in this bustling area, and close proximity to schools, public transportation, shopping, and major highways. Whether you're looking to expand your portfolio or get started in real estate investment, this property checks all the boxes. Don't miss this incredible opportunity in a high-demand rental market!
Sold for $540,000
$540,000
195 Ward St, New Brunswick, NJ 08901
6beds
2baths
2,400sqft
Multi Family
Built in 1940
-- sqft lot
$632,600 Zestimate®
$225/sqft
$3,018 Estimated rent
Home value
$632,600
$588,000 - $683,000
$3,018/mo
Zestimate® history
Owner options
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$3,018/mo
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$3,018/mo
Rent Zestimate®
Refinance and save
$3,697/mo
Est. payment
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$3,697/mo
Est. payment
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Off-street parkingSpacious unit
Zillow last checked:
Listing updated:
Listed by:
FRANK CALANDRUCCIO,
RE/MAX COUNTRY 732-729-9000
Source: All Jersey MLS,MLS#: 2514235R
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 6
- Bathrooms: 2
Heating
- Baseboard Hotwater
Cooling
- None
Appliances
- Included: Water Heater(Gas), Water Heater
Features
- Unit 1(3 Bedrooms, 1 Bath), Unit 2(3 Bedrooms, 1 Bath)
- Basement: Full, Exterior Entry, Interior Entry
Interior area
- Total structure area: 2,400
- Total interior livable area: 2,400 sqft
Property
Parking
- Parking features: 1-2 Car Parking
Features
- Stories: 2
Lot
- Size: 3,998 sqft
- Dimensions: 80.00 x 50.00
- Features: Easements/Right of Way
Details
- Parcel number: 130026800000000901
- Zoning: R-5A
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Condition
- Year built: 1940
Utilities & green energy
- Gas: Natural Gas
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Natural Gas Connected
Community & neighborhood
Location
- Region: New Brunswick
Other
Other facts
- Ownership: Fee Simple
Price history
| Date | Event | Price |
|---|---|---|
| 8/14/2025 | Sold | $540,000-1.8%$225/sqft |
Source:  All Jersey MLS #2514235R Report a problem | ||
| 7/10/2025 | Contingent | $550,000$229/sqft |
Source: All Jersey MLS #2514235R Report a problem | ||
| 5/27/2025 | Listed for sale | $550,000$229/sqft |
Source: All Jersey MLS #2514235R Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $9,502 | $362,800 |
| 2024 | $9,502 +3% | $362,800 |
| 2023 | $9,226 +2.2% | $362,800 |
| 2022 | $9,030 +0.4% | $362,800 |
| 2021 | $8,994 +38.7% | $362,800 |
| 2020 | $6,483 -22.3% | $362,800 |
| 2019 | $8,341 | $362,800 |
| 2018 | $8,341 +15.4% | $362,800 |
| 2017 | $7,229 +2.5% | $362,800 +184.5% |
| 2016 | $7,051 +1.9% | $127,500 |
| 2015 | $6,921 +0.8% | $127,500 |
| 2014 | $6,863 | $127,500 |
| 2007 | -- | $127,500 |
| 2006 | -- | $127,500 |
| 2005 | -- | $127,500 |
| 2004 | $4,562 | $127,500 |
| 2003 | -- | $127,500 |
| 2002 | -- | $127,500 |
| 2001 | -- | $127,500 |
Find assessor info on the county website
Neighborhood: 08901
Nearby schools
GreatSchools rating
- 3/10Livingston Elementary SchoolGrades: K-5Distance: 0.2 mi
- 4/10New Brunswick Middle SchoolGrades: 6-8Distance: 1 mi
- 2/10New Brunswick High SchoolGrades: 9-12Distance: 1.5 mi
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Estimated market value
$632,600
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
$632,600
- New Jersey
- Middlesex County
- New Brunswick
- 08901
- 195 Ward St
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