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$2,495,000 -$105,000 (-4.04%) Price Reduced

  • For Sale
  • Active
  • Triplex
  • 8 Beds
  • 3 Full Baths
  • 6,800 Sq. Ft.
  • Updated 4 days ago
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Rare Mixed-Use Opportunity in the Heart of New Brunswick! Positioned on vibrant George Street, this fully leased, income-producing mixed-use property presents a unique opportunity for investors. The beautifully renovated two-level restaurant space is currently leased to the popular Casa Ragazzi, offering strong street presence, steady cash flow, and a built-in tenant in one of the area's most walkable and high-traffic locations. Above the commercial space are three well-maintained residential units. The spacious first-floor apartment features 4 bedrooms, 1 full bath, and 2 half baths, while the third floor includes two separate 2-bedroom unitsall currently leased. Just steps from Rutgers University, public transportation, and downtown amenities, this 6,800 sqft. property offers a highly desirable investment profile with separate utilities, updated systems, and a reliable rent roll. Whether you're looking to expand your portfolio or secure a prime location with built-in income, this New Brunswick asset delivers.

Full Property Details for 378 George St

General

  • Price: $2,495,000
  • Taxes: $51,450 (2024)
  • Status: Active
  • Type: Triplex
  • Source: Middlesex
  • MLS ID: 2660453M
  • Updated: 2/27/2026
  • Added to Site: 169 day(s) ago

Interior

  • Appliances: Water Heater(Electric), Water Heater

Rooms

Bathrooms

  • Total Bathrooms: 8
  • Full Bathrooms: 3
  • Half Bathrooms: 5

Bedrooms

  • Total Bedrooms: 8

Other Rooms

  • Living Room: 6,800 Sq. Ft.

Location

  • County: Middlesex

Heating & Cooling

  • Cooling Type: A/C Central - All
  • Heating Type: Forced Air

Utilities

  • Gas: Natural Gas
  • Sewer: Public Sewer
  • Water: Public
  • Utility Description: Underground Utilities

Structural Information

  • Basement Desc.: Finished, None
  • Stories/Levels: 3
  • Square Feet: 6,800
  • Year Built: 1990

Lot Features

  • Lot Size (Acres): 0.05
  • Lot Size (Sq. Ft.): 2,178
  • Lot Dimensions: 20 x 105
  • Lot Features: Level, Near Public Transit, Near Shopping, Near Train
  • Zoning: C-4
  • Lot Description: Level, Near Public Transit, Near Shopping, Near Train

Financial Considerations

  • Tax Amount: $51,450
  • Tax Year: 2024

Disclosures and Reports

  • Property ID: 1300015000000019

Listed by Exp Realty, Llc

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Listing agent

— 378 George St —

  • Exp Realty, Llc

Get Pre-Approved Today

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

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Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Schools serving 378 George St

School District:New Brunswick City School District
NameGradesDistance
New Brunswick High School
1000 Somerset Street, New Brunswick, NJ 08901
9-122.2 mi
Disclaimer: School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 378 George St Get Price Alerts and Save Property

Date
Details
Price
Change
Source
2/27/2026
Price Reduced
$2,495,000
-4.04%
MLS
9/15/2025
Listed
$2,600,000
23.14%
MLS
9/17/2021
Sold
$2,111,500
—
Public Record
Get Price Alerts and Save Property
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History for 378 George St

Year
Property Taxes
Change
Tax Assessment
Change
2024
$51,450
3%
$1,964,500
—
2023
$49,957
2%
$1,964,500
—
2022
$48,896
22%
$1,964,500
—
2022
$40,219
-19%
$1,964,500
—
2021
$49,437
34%
$1,964,500
—
2021
$37,011
-22%
$1,964,500
—
2019
$47,600
2%
$1,964,500
—
2018
$46,519
-14%
$1,964,500
-17%
2017
$53,794
90%
$2,365,600
390%
2016
$28,309
2%
$482,600
—
2015
$27,634
2%
$482,600
—
2014
$27,141
—
$482,600
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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*These costs are estimates, and the interest rates assume exceptional credit standing.

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NMLS#: 1598647

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Listed by Exp Realty, Llc

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378 George Street, New Brunswick, NJ 08901 (MLS# 2660453M) is a Triplex property with 8 bedrooms and 3 full bathrooms. 378 George Street is currently listed for $2,495,000 and was received on September 15, 2025. Want to learn more about 378 George Street? Do you have questions about finding other Triplex real estate for sale in New Brunswick? You can browse all New Brunswick real estate or contact a Coldwell Banker agent to request more information.

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