CCertihomes
308 Columbus Place, New Brunswick, NJ 08901

$799,000

0 beds 6 baths 3,000 sqft Built 19506 days on marketActive

About this home

Best and final offers due before 9am Friday July 10th. Opportunities like this one do not come often! A nicely maintained 6 unit building, in a quiet area of New Brunswick is waiting to be added into your real estate portfolio. You always wanted more doors, a bigger building? Now is your chance! 6 studio apartments (all the same size) with several that have value add upside. All 6 units are leased, the total rent roll for the building is $76, 140. The asking price cap rate is 6.33% with conservative underwriting. Owner pays for water, snow and lawn maintenance. Tremendous value add upside on this building! This is a great building to add into your real estate portfolio but it will not last!

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
$7,683/mo

Real estate (PITI + HOA + PMI)
$7,447
Principal + interest$5,147
Property tax + insurance$2,000
PMI / 2nd mortgage$300
Utilities
$621
Heating + cooling$156
Internet + TV + phone$143
Water + sewer + garbage$58
Transportation
$129
Car insurance + maintenance$129
Other (entertainment)
$143
$7,683/mo TLC
Budget$8,183/mo
Remaining after TLC$500/mo
Purchase price
$799,000
Down payment
$39,950 (5%)
Loan amount
$759,050
APR
7.19%

Quick facts

Type
4 Family
Style
Year built
1950
Lot size
0.1263 ac
Stories
2
Heating
Central, Forced Air
Cooling
A/C Wall Unit(s),A/C Window Unit(s)
Water
Public
HOA
Annual tax
$13,938
MLS #
2618489R
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)Unit 4(Range/OvenRefrigerator)
Interior
Unit 1(1 BedroomKitchen1 BathLiving Room)Unit 2(1 BedroomKitchen1 BathLiving Room)Unit 3(1 BedroomKitchen1 BathLiving Room)Unit 4(1 BedroomKitchen1 BathLiving Room)
Parking
4(+)Car Parking
Roof
Flat
Sewer
Public Sewer
Ownership
Fee Simple

Lot features

Near Train

Neighborhood — 08901

MetricThis ZIPCountyUSA
Population49,8348,832,837299,088,112
Population Change Since199019.00%14.00%20.00%
Population Density7,9341,137
Male24,9534,307,827147,432,321
Female24,8814,525,010151,655,844
Never Married22,9711,965,81163,775,926
Married8,7313,647,435123,120,365
Separated5,376391,23912,639,686
Widowed1,261515,17215,467,586
Divorced2,527529,39323,075,029
Number Of House Hold13,5193,167,345111,826,380
Average House Hold Size3.212.732.60
Medial Age24.6137.1535.46
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 R7.00%7.00%
W C J83.09%81.02%77.74%
(Zip) Code
8901

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

Map & walkability

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Recently sold nearby

Central Jersey Multiple Listing System, INC

Listing information last refreshed 6/30/2026. Provided courtesy of TVERDOV HOUSING via Central Jersey Multiple Listing System, INC. Information deemed reliable but not guaranteed.

308 Columbus Place · New Brunswick — $799,000 · Certihomes