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$599,999 Just Listed
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Property Description
Excellent income‑producing 3‑family property in the heart of New Brunswick, next to the hospital and short distance to NJ Transit trains. Rare, fully rented 3‑family with basement offering strong cash flow. Unit 1 features 2 BR / 1 FB, Kitchen & LR ($1,756/mo). Unit 2 features 1 BR / 1 FB, Kitchen & LR ($1,350/mo). Unit 3 features 1 BR / 1 FB, Kitchen & LR ($1,300/mo). Units 1 & 2 gas heat, Unit 3 electric heat. Separate electric & gas meters. Tenants pay electric/gas; owner pays water. Newer flooring throughout, new roof, updated fire escape and rear stairs. Owner invested nearly $50K in improvements over past 5 years. 2025 Gross Income $52,872. Expenses $20,389.23. NOI $32,482.77. Cap Rate 5.41%. Prime location near Rutgers, hospitals, transportation, and downtown amenities. Showings begin 05/09/26. Do not miss this opportunity!
Full Property Details
Full Property Details for 8 Prospect St
General
- Price: $599,999
- Taxes: $6,696 (2025)
- Status: Active
- Type: Triplex
- Source: Middlesex
- MLS ID: 2614145R
- Updated: Today (5/9/2026)
- Added to Site: Today
Interior
- Interior Features: Unit 1(Dining Room, 2 Bedrooms, Kitchen, 1 Bath, Living Room), Unit 2(1 Bedroom, Kitchen, 1 Bath, Living Room), Unit 3(1 Bedroom, Kitchen, 1 Bath, Living Room)
- Appliances: Water Heater(See Remarks, Gas), Water Heater, Unit 1(Range/Oven, Refrigerator), Unit 2(Range/Oven, Refrigerator), Unit 3(Range/Oven, Refrigerator)
Rooms
Bathrooms
- Total Bathrooms: 3
Other Rooms
- Living Room: 2,278 Sq. Ft.
Exterior
- Exterior Features: Patio, Deck
- Deck/Patio: Patio, Deck
Location
- County: Middlesex
Heating & Cooling
- Cooling Type: A/C Window Unit(s)
- Heating Type: Separate Furnaces
Utilities
- Gas: Natural Gas
- Sewer: Public Sewer
- Water: Public
- Utility Description: Electricity Connected, Natural Gas Connected
Structural Information
- Basement Desc.: Full, Exterior Entry, Storage Space, Utility Room
- Roof: Asphalt, Flat
- Stories/Levels: 3
- Square Feet: 2,278
- Year Built: 1882
Lot Features
- Lot Size (Acres): 0.0574
- Lot Size (Sq. Ft.): 2,500
- Lot Dimensions: 100.00 x 0.00
- Lot Features: Interior Lot
- Zoning: R-5A
- Lot Description: Interior Lot
Financial Considerations
- Tax Amount: $6,696
- Tax Year: 2025
Disclosures and Reports
- Property ID: 1300029000000034
Listed by Halo Realty
Get Pre-Approved Today
Schools
Schools serving 8 Prospect St
School District:New Brunswick City School District
| Name | Grades | Distance |
|---|---|---|
Lincoln Elementary School, New Brunswick, NJ 66 Bartlett Street, New Brunswick, NJ 08901 | K-3 | 0.5 mi |
Blanquita B. Valenti Community School 40 Van Dyke Avenue, New Brunswick, NJ 08901 | 4-8 | 1.3 mi |
New Brunswick High School 1000 Somerset Street, New Brunswick, NJ 08901 | 9-12 | 1.8 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 8 Prospect St
Date
Details
Price
Change
Source
5/09/2026
Listed
$599,999
—
MLS
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
Tax History for 8 Prospect St
Year
Property Taxes
Change
Tax Assessment
Change
2024
$6,524
5%
$249,100
—
2022
$6,200
—
$249,100
—
2021
$6,175
34%
$249,100
—
2021
$4,600
-24%
$249,100
—
2019
$6,036
2%
$249,100
—
2018
$5,899
4%
$249,100
—
2017
$5,665
-17%
$249,100
114%
2016
$6,822
2%
$116,300
—
2015
$6,659
3%
$116,300
—
2013
$6,488
—
$116,300
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 8 Prospect St
8 Prospect Street, New Brunswick, NJ 08901 (MLS# 2614145R) is a Triplex property with 0 bedrooms and 0 full bathrooms. 8 Prospect Street is currently listed for $599,999 and was received on May 09, 2026. Want to learn more about 8 Prospect 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.

