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378 George Street, New Brunswick, NJ 08901 Photo
378 George Street, New Brunswick, NJ 08901 Photo
378 George Street, New Brunswick, NJ 08901 Photo
378 George Street, New Brunswick, NJ 08901 Photo
378 George Street, New Brunswick, NJ 08901 Photo
378 George Street, New Brunswick, NJ 08901 Photo
378 George Street, New Brunswick, NJ 08901 Photo
378 George Street, New Brunswick, NJ 08901 Photo
378 George Street, New Brunswick, NJ 08901 Photo
378 George Street, New Brunswick, NJ 08901 Photo
378 George Street, New Brunswick, NJ 08901 Photo
378 George Street, New Brunswick, NJ 08901 Photo
378 George Street, New Brunswick, NJ 08901 Photo
378 George Street, New Brunswick, NJ 08901 Photo
378 George Street, New Brunswick, NJ 08901 Photo
378 George Street, New Brunswick, NJ 08901 Photo
378 George Street, New Brunswick, NJ 08901 Photo
378 George Street, New Brunswick, NJ 08901 Photo
378 George Street, New Brunswick, NJ 08901 Photo
378 George Street, New Brunswick, NJ 08901 Photo
378 George Street, New Brunswick, NJ 08901 Photo
378 George Street, New Brunswick, NJ 08901 Photo
378 George Street, New Brunswick, NJ 08901 Photo
378 George Street, New Brunswick, NJ 08901 Photo
378 George Street, New Brunswick, NJ 08901 Photo
378 George Street, New Brunswick, NJ 08901 Photo
378 George Street, New Brunswick, NJ 08901 Photo
378 George Street, New Brunswick, NJ 08901 Photo
378 George Street, New Brunswick, NJ 08901 Photo
378 George Street, New Brunswick, NJ 08901 Photo
378 George Street, New Brunswick, NJ 08901 Photo
378 George Street, New Brunswick, NJ 08901 Photo
378 George Street, New Brunswick, NJ 08901 Photo
378 George Street, New Brunswick, NJ 08901 Photo
378 George Street, New Brunswick, NJ 08901 Photo
378 George Street, New Brunswick, NJ 08901 Photo
378 George Street, New Brunswick, NJ 08901 Photo

37 Total Photos [Click to View All]

378 George Street New Brunswick, NJ 08901
$2,495,000
Active / MLS# 2614844R / Multi Unit - Multiple / New Brunswick
0 Beds
6120 SqFt

Strong 6.68% Cap Rate on a fully leased asset delivering reliable cash flow from day one. Discover this beautifully renovated and meticulously maintained mixed-use building in one of New Brunswicks most dynamic and sought-after locations. Perfectly positioned on vibrant George Street, this turn-key property offers immediate income in a designated Opportunity Zone. Anchored by Casa Ragazzi, an upscale restaurant featuring a seasonal menu crafted by Michelin-star-trained chefs. This premier tenant draws consistent foot traffic and enhances the propertys prestige in the bustling George St corridor. Above it are 3 spacious apartments, each with impressive high ceilings that create an open, airy feel. These generously sized units (including a standout 4-bedroom, 2.5-bath unit of approximately 2,000 sq ft) appeal to nearly every type of tenant when you combine its location to Rutgers University, the train to NYC and downtown amenities. Approximately 6,800 sq ft of thoughtfully designed space blending commercial vibrancy with residential comfort. 378 George St is updated, continuously maintained and delivers modern systems, quality finishes, and minimal deferred maintenance for a true turn-key operation. Prime Location Benefits: Steps from Rutgers University, cultural venues, dining, transit, and major employers. George Streets high visibility and walkability ensure strong tenant demand and long-term appreciation. Oh, did we mention its in an Opportunity Zone as well? That only adds to the cherry on top of this property. Whether youre an investor seeking stable returns or looking to add a trophy property to your portfolio, 378 George Street represents an exceptional opportunity in New Jerseys thriving educational and economic hub. This is a rare chance to own a fully operational, income-producing building in an unbeatable downtown setting.

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yearly
yearly (est.)
(Payments are an estimate and may vary by lender)

Estimated Payment

$ 17,631.29 per month $12,616.08 Principal & Interest $4,287.50 Property Tax $727.71 Homeowner's Insurance

Property Details

Property Type: Multi Unit - Multiple
Basement: Full, Storage Space, Utility Room
Cooling: A/C Central - All, Unit 1(A/C Central), Unit 2(A/C C
Heating: Forced Air
Home Style: 4 Family
Lot Size: 0.05 Acres
Roof Type: Flat
Stories: 3.0
Taxes: $51,450
Year Built: 1905

Amenities

Unit 1(4 Bedrooms
Kitchen
Living Room
2+ Baths)
Unit 2(2 Bedrooms
Kitchen
1 Bath
Living Room)
Unit 3(2 Bedrooms
Kitchen
1 Bath
Living Room)
Unit 4(See Remarks)

Feature Descriptions

Appliances: Water Heater(Electric, See Remarks), Water Heater, Unit 1(Dryer, Range/Oven, Refrigerator, Washer), Unit 2(Dryer, Range/Oven, Refrigerator, Washer), Unit 3(Dryer, Range/Oven, Refrigerator, Washer)
Days on Site: 31
Lot: Near Shopping, Near Train
Lot Dimensions: 105.00 x 20.00
Parcel#: 1300015000000019
Parking: See Remarks
Parking Notes: See Remarks
Sewer: Public Sewer
Utilities: Gas In Street
Water: Public

Listed By / Shown By

Listed By

Agency Name: TVERDOV HOUSING

Shown By

Agency Title: Hallmark Realtors
Agency Phone: (732) 574-9400

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