8 Prospect Street, New Brunswick, NJ 08901

$599,999

0 beds 3 baths 2,278 sqft Built 18821 days on marketActive

About this home

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!

Affordability — calculate your monthly payment

Adjust your budget to see what's left after housing, utilities and transportation. Numbers below assume a 5% down, 30YrFixed at 7.19% APR.

Your estimated payment

$5,580/mo

Real estate (PITI + HOA + PMI): $5,278
Utilities: $603
Transportation: $129
Other (entertainment): $143

Your monthly budget

Budget$6,080/mo

Remaining after TLC$500/mo

Purchase price

$599,999

Down payment

$30,000 (5%)

Loan amount

$569,999

APR

7.19%

Quick facts

Type

3 Family

Style

—

Year built

1882

Lot size

0.0574 ac

Stories

Heating

Separate Furnaces

Cooling

A/C Window Unit(s)

Water

Public

HOA

—

Annual tax

$6,696

MLS #

2614145R

County

Middlesex

At a glance

Basement

Home features

Appliances

Water Heater(See RemarksGas)Water HeaterUnit 1(Range/OvenRefrigerator)Unit 2(Range/OvenRefrigerator)Unit 3(Range/OvenRefrigerator)

Interior

Unit 1(Dining Room2 BedroomsKitchen1 BathLiving Room)Unit 2(1 BedroomKitchen1 BathLiving Room)Unit 3(1 BedroomKitchen1 BathLiving Room)

Exterior

PatioDeck

Patio & porch

PatioDeck

Accessibility

Unit 1 Accessibility FeaturesUnit 2 Accessibility FeaturesUnit 3 Accessibility Features

Roof

Asphalt, Flat

Sewer

Public Sewer

Ownership

Fee Simple

Lot features

Interior Lot

Neighborhood — 08901

Metric	This ZIP	County	USA
Population	49,834	8,832,837	299,088,112
Population Change Since1990	19.00%	14.00%	20.00%
Population Density	7,934	1,137	—
Male	24,953	4,307,827	147,432,321
Female	24,881	4,525,010	151,655,844
Never Married	22,971	1,965,811	63,775,926
Married	8,731	3,647,435	123,120,365
Separated	5,376	391,239	12,639,686
Widowed	1,261	515,172	15,467,586
Divorced	2,527	529,393	23,075,029
Number Of House Hold	13,519	3,167,345	111,826,380
Average House Hold Size	3.21	2.73	2.60
Medial Age	24.61	37.15	35.46
Median House Hold Income	$41,853	$63,392	$48,276
Average House Hold Income	$58,306	$83,312	$63,629
P C I	$19,187	$30,662	$24,529
M D I	$36,349	$52,505	$41,133
A T H E	$48,230	$61,369	$50,898
S T R	7.00%	7.00%	—
W C J	83.09%	81.02%	77.74%

(Zip) Code

8901

Data via Certihomes neighborhood index. Comparisons across this ZIP, county and the United States.

Map & walkability

Walk Score

See walkability, transit, and bike scores for 8 Prospect Street, New Brunswick, NJ 08901 on walkscore.com →

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Listing information last refreshed 5/9/2026. Provided courtesy of HALO REALTY via Central Jersey Multiple Listing System, INC. Information deemed reliable but not guaranteed.