🚀 New Brunswick, NJ | 2-Family | Fix & Flip or Buy & Hold 👇
This 2-family home in New Brunswick, NJ offers a prime investment opportunity with the potential for a fix-and-flip or buy-and-hold strategy. The property is fully vacant making it perfect for investors looking to add value in a growing market. With 4 bedrooms, 2 bathrooms, and 1,424 sqft of living space, there’s significant potential to turn this into a highly profitable project. Located just a few blocks from Robert Wood Johnson Hospital, this property is ideally situated in a desirable area for long-term growth.
🏡 2 Family Highlights 🏡
4 bedrooms, 2 bathrooms
1,424 sqft of interior living space
Built in 1912
Fully vacant and ready for renovation
Separate utilities for each unit
On-street parking
Unused underground oil tank on the property
Roof requires complete replacement
First floor requires a full renovation
Basement may require a clean-up
Second floor is in decent condition and includes added laundry facilities
No Flood Zone
💰 Investment Potential 💰
This property presents a great fix-and-flip or buy-and-hold opportunity, with an estimated ARV of $550K. While the home requires significant repairs—including a complete roof replacement, flooring, and cosmetic updates—its location near Robert Wood Johnson Hospital makes it highly attractive to investors. With separate utilities and a strong rental market in the area, this property has long-term potential for rental income or resale profit.
✔️ Vacant Now ✔️
The property is fully vacant, providing immediate access for renovations and project commencement.
⛽️ Utilities & Systems ⛽️
Heating: Radiator (Natural Gas)
Cooling: Window AC units
Water: Public
Sewer: Public
ASKING: $360k
SOLD COMPS
226 Hamilton St, New Brunswick, NJ 08901- SOLD $671k
240 Hamilton St, New Brunswick, NJ 08901- SOLD $495k
38 Laurel Pl, New Brunswick, NJ 08901- SOLD $527k
26 Laurel Pl, New Brunswick, NJ 08901- SOLD $530k
12 Laurel Pl, New Brunswick, NJ 08901- SOLD $999,500
📱 CALL OR TEXT NICK WALSH AT 908-499-9128 IF YOU HAVE QUESTIONS OR WOULD LIKE TO KNOW HOW TO MOVE FORWARD ➡️
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