1. New Jersey
  2. New Brunswick
  3. 87 Paul Robeson Boulevard
$899,900

87 Paul Robeson Boulevard, New Brunswick, NJ 08901

  • 3,043 sqft
  • Property Icon Triplex
  • Property Year Built Icon Built in 1900
  • Property Lot Size Icon2,849sqft lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $296/sqft
  • Property List Date Icon Listed 28 days ago

Property Description

Well maintained and generously sized, this fully occupied 3-family property offers over 3,000 square feet of living space and strong rental income, with an impressive 8% cap rate. Units 1 and 2 each feature 3 bedrooms and 1 full bath, while Unit 3 offers 2 bedrooms and 1 full bathmaking this an ideal investment or owner-occupied opportunity. Each unit is separately metered for gas and electric, streamlining management and tenant billing. Heating is provided by a combination of steam and hot water baseboard systems. Recent upgrades enhance both comfort and appeal: Units 1 and 2 received new paint, flooring and updated kitchens in 2024. Most windows have been replaced within the past five years. Exterior improvements include the replacement of front porch stairs and back porch stairs (the back porch stairs completed this month). The common back hall has also been freshly painted, with new carpeting added this month. City main line was replaced a couple years back. Turn-key and thoughtfully updated, this property is a standout opportunity in a high-demand rental market. Showing starts Saturday 9/20 open 2-4pm

Listing Status:
Active
Date Added:
September 20, 2025 at 05:00AM
Listing Office:
RE/MAX FIRST REALTY, INC. : 732-257-3500
Listing Agent:
AMARILIS GUZMAN :
MLS ID:
2604413R
  • General: Unit 1(3 BedroomsKitchen1 BathLiving Room)Unit 2(3 BedroomsKitchen1 BathLiving Room)Unit 3(2 BedroomsKitchen1 BathLiving Room)
  • Appliances: Water Heater(See RemarksGas)Water Heater
  • Basement: FullInterior Entry
  • A/C: None
  • Heating: Baseboard HotwaterSteam
  • General: Porch
  • Parking: On Street
  • Roofing: Asphalt
  • General: 3
  • Originating MLS: CJMLS API
  • County: Middlesex
  • Zoning: C-2B1300136000000004
  • Utilities: Electricity ConnectedNatural Gas Connected
  • Water: Public
  • Sewer: Public Sewer
  • Source: CJMLS API

This listing courtesy of AMARILIS GUZMAN, RE/MAX FIRST REALTY, INC.

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

Schools Nearby

L

Lord Stirling Community School

101 Redmond St, New Brunswick, NJ, 08901

Grades PK-5

0.19 miles away

P

Paul Robeson Community School for the Arts

199 Commercial Ave, New Brunswick, NJ, 08901

Grades KG-8

0.33 miles away

N

New Brunswick Adult High School

268 Baldwin St, New Brunswick, NJ, 08901

Grades 9-12

0.68 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.