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181 Comstock St

3 Unit Apartment Building $589,000 ($196,333/Unit) 8.27% Cap Rate New Brunswick, NJ 08901

Executive Summary

Mixed use property with a License Beauty Salon with all existing equipment will be deliver vacant at Closing. First Floor Apartment with
2 bedrooms. Living room, Dining room , Kitchen plus enclosed porch for Storage will be vacant at Closing. Second floor is a License rooming
House fully rented with 4 rooms and eat-kitchen rented. Great location.

Financial Summary (Actual - 2023) Click Here to Access

Annual Annual Per SF
Gross Rental Income $99,999 $9.99
Other Income $99,999 $9.99
Vacancy Loss $99,999 $9.99
Effective Gross Income $99,999 $9.99
Taxes $99,999 $9.99
Operating Expenses $99,999 $9.99
Total Expenses $99,999 $9.99
Net Operating Income $99,999 $9.99

Financial Summary (Actual - 2023) Click Here to Access

Gross Rental Income
Annual $99,999
Annual Per SF $9.99
Other Income
Annual $99,999
Annual Per SF $9.99
Vacancy Loss
Annual $99,999
Annual Per SF $9.99
Effective Gross Income
Annual $99,999
Annual Per SF $9.99
Taxes
Annual $99,999
Annual Per SF $9.99
Operating Expenses
Annual $99,999
Annual Per SF $9.99
Total Expenses
Annual $99,999
Annual Per SF $9.99
Net Operating Income
Annual $99,999
Annual Per SF $9.99

Property Facts Under Contract

Price $589,000
Price Per Unit $196,333
Sale Type Investment
Cap Rate 8.27%
No. Units 3
Property Type Multifamily
Property Subtype
Apartment
  • General Retail Storefront Retail/Residential
  • Multifamily Manufactured Housing Mobile Home Park
Apartment Style Single Family Home
Building Class C
Lot Size 0.12 AC
Building Size 2,239 SF
No. Stories 3
Year Built/Renovated 1900/2008
Opportunity Zone Yes

Unit Amenities

  • Air Conditioning
  • Heating
  • Kitchen
  • Refrigerator
  • Oven
  • Tub/Shower
Walk Score ®
Very Walkable (83)
Bike Score ®
Very Bikeable (76)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
13-00209-0000-00013-01
Land Assessment
$175,000 (2024)
Improvements Assessment
$260,700 (2024)
Total Assessment
$435,700 (2024)
Annual Taxes
($1) ($0.00/SF)
Tax Year
2023

zoning

Zoning Code Commercial Mixed use
Commercial Mixed use
  • Listing ID: 32379154

  • Date on Market: 7/8/2024

  • Last Updated:

  • Address: 181 Comstock St, New Brunswick, NJ 08901

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