73 Richardson Street, New Brunswick, NJ 08901

$680,000 Asking Price

4 beds
2 baths
1,164  sqft
Built in 1927

Highly desirable investment opportunity in hot neighborhood very close to Rutgers Campus, train station, and shopping. 2 blocks away from College Ave. Consistently 100% leased through the years. Current rent until May 2024 is $4,700/month. All utilities paid by tenants. Legal for 7 people. Yearly rent follows Rutgers school schedule June to May. New rent signing to bring total rent to more then $5,000/month. Property boasts 4 bedrooms and a study room, 2 full baths, eat-in kitchen, Living/Dining room combo, finished basement and hardwood flooring. Covered front deck, elevated backyard patio.


Features & Amenities

Interior

General:
Firealarm, Skylight, 1 Bedroom, Kitchen, Living Room, Dining Room, 3 Bedrooms, Bath Full, Attic, Storage
Appliances:
Self Cleaning Oven, Dishwasher, Dryer, Gas Range/Oven, Microwave, Refrigerator, Washer, Gas Water Heater
Basement:
Finished, Bath Full, Other Room(s), Laundry Facilities
Flooring:
Ceramic Tile, Vinyl-Linoleum, Wood
A/C:
A/C Central - Some, Window Unit(s)
Heating:
true, Radiators-Hot Water, Forced Air
Fireplace:
Fireplaces: 0

Exterior

General:
Deck, Patio, Fencing/Wall, Yard
Style:
Colonial
Parking:
None, On Street

Construction

Roofing:
Asphalt
Windows:
Skylight(s)
General:
2

Location

HOA Amenities:
0.0
Originating MLS:
CJMLS API
County:
Middlesex

Lot

Zoning:
R-5A, 1300089000000015
Fencing:
Fencing/Wall

Utilities

Utilities:
Electricity Connected, Natural Gas Connected
Water:
Public
Sewer:
Public Sewer

Financial

Source:
CJMLS API

This listing courtesy of:
NEW JERSEY REALTY, LLC., ANTONIO VALERIANO

About New Brunswick, NJ

Housing

Number of Units
17,401
Median Home Value
$278,847
Median Rent
$1,395

80.71% of housing units are renter occupied.

11.93% are vacant.

Commute

Car
58.94%
Public Transportation
8.75%
Walk to Work
9.32%
Work from Home
20.05%
Other
1.79%

The median travel time to work is 24 minutes.

People

Population
54,926
Median Age
28.00
Median Household Size
3.15

Education

High School
25.19%
Associate’s Degree
5.27%
Bachelor’s Degree
12.37%
Graduate Degree
12.13%

Disclaimer: Community and Demographic information uses data from the U.S. Census Bureau but is not endorsed or certified by the Census Bureau.

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