Well maintained and generously sized, this fully occupied 3-family property offers over 3,000 square feet of living space and strong rental income, with an impressive 8% cap rate. Units 1 and 2 each feature 3 bedrooms and 1 full bath, while Unit 3 offers 2 bedrooms and 1 full bathmaking this an ideal investment or owner-occupied opportunity. Each unit is separately metered for gas and electric, streamlining management and tenant billing. Heating is provided by a combination of steam and hot water baseboard systems. Recent upgrades enhance both comfort and appeal: Units 1 and 2 received new paint, flooring and updated kitchens in 2024. Most windows have been replaced within the past five years. Exterior improvements include the replacement of front porch stairs and back porch stairs (the back porch stairs completed this month). The common back hall has also been freshly painted, with new carpeting added this month. City main line was replaced a couple years back. Turn-key and thoughtfully updated, this property is a standout opportunity in a high-demand rental market. Showing starts Saturday 9/20 open 2-4pm
Sold for $885,000
$885,000
87 Paul Robeson Blvd, New Brunswick, NJ 08901
8beds
3baths
3,043sqft
Multi Family
Built in 1900
-- sqft lot
$888,100 Zestimate®
$291/sqft
$2,501 Estimated rent
Home value
$888,100
$808,000 - $977,000
$2,501/mo
Zestimate® history
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Zillow last checked:
Listing updated:
Listed by:
AMARILIS GUZMAN,
RE/MAX FIRST REALTY, INC. 732-257-3500
Source: All Jersey MLS,MLS#: 2604413R
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 8
- Bathrooms: 3
Heating
- Baseboard Hotwater, Steam
Cooling
- None
Appliances
- Included: Water Heater(See Remarks, Gas), Water Heater
Features
- Unit 1(3 Bedrooms, Kitchen, 1 Bath, Living Room), Unit 2(3 Bedrooms, Kitchen, 1 Bath, Living Room), Unit 3(2 Bedrooms, Kitchen, 1 Bath, Living Room)
- Basement: Full, Interior Entry
Interior area
- Total structure area: 3,043
- Total interior livable area: 3,043 sqft
Property
Parking
- Parking features: On Street
Features
- Stories: 3
- Patio & porch: Porch
- Exterior features: Porch
Lot
- Size: 2,848 sqft
- Dimensions: 75.00 x 0.00
- Features: See Remarks
Details
- Parcel number: 1300136000000004
- Zoning: C-2B
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Roof: Asphalt
Condition
- Year built: 1900
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 |
|---|---|---|
| 1/12/2026 | Sold | $885,000-1.7%$291/sqft |
Source:  All Jersey MLS #2604413R Report a problem | ||
| 10/24/2025 | Contingent | $899,900$296/sqft |
Source: All Jersey MLS #2604413R Report a problem | ||
| 9/20/2025 | Listed for sale | $899,900+109.3%$296/sqft |
Source: All Jersey MLS #2604413R Report a problem | ||
| 5/15/2008 | Listing removed | $430,000$141/sqft |
Source: Number1Expert #815140 Report a problem | ||
| 5/2/2008 | Listed for sale | $430,000-8.5%$141/sqft |
Source: Number1Expert #815140 Report a problem | ||
| 2/21/2006 | Sold | $470,000$154/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $8,821 | $336,800 |
| 2024 | $8,821 +3% | $336,800 |
| 2023 | $8,565 +2.2% | $336,800 |
| 2022 | $8,383 +0.4% | $336,800 |
| 2021 | $8,349 +34.8% | $336,800 |
| 2020 | $6,193 -22.4% | $336,800 |
| 2019 | $7,975 | $336,800 |
| 2018 | $7,975 -14% | $336,800 |
| 2017 | $9,274 +2.4% | $336,800 +113% |
| 2016 | $9,053 +1.8% | $158,100 |
| 2015 | $8,892 +0.8% | $158,100 |
| 2014 | $8,820 +4.6% | $158,100 |
| 2012 | $8,431 +3.6% | $158,100 |
| 2011 | $8,140 +2.7% | $158,100 +0.3% |
| 2010 | $7,928 +2.9% | $157,700 |
| 2009 | $7,702 | $157,700 |
| 2008 | -- | $157,700 |
| 2007 | -- | $157,700 |
| 2006 | -- | $157,700 |
| 2005 | -- | $157,700 |
| 2004 | $6,261 | $157,700 |
| 2003 | -- | $157,700 |
| 2002 | -- | $157,700 |
| 2001 | -- | $157,700 |
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: 1.7 mi
- 2/10New Brunswick High SchoolGrades: 9-12Distance: 2.2 mi
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Estimated market value
$888,100
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
$888,100
- New Jersey
- Middlesex County
- New Brunswick
- 08901
- Feaster Park
- 87 Paul Robeson Blvd
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