Skip to content

163 Livingston Avenue, New Brunswick, NJ, 08901

$1,500,000

0

Beds

Bathrooms

4,752

Building Sqft

0.15

Acres

6,599

Lot Sqft

About 163 Livingston Avenue

Exceptional investment opportunity in the heart of New Brunswick! This 18-unit licensed rooming house offers strong in-place cash flow with immediate upside potential. Currently generating approximately $175,000+ in annual income with a net operating income of over $100,000, this asset is ideal for investors seeking stable returns in a high-demand rental market. The property features 18 income-producing units with a diversified tenant base, all currently on month-to-month leases providing flexibility for rent optimization and improved management strategies. Utilities and operations are already stabilized, making this a turnkey opportunity with the ability to increase revenue over time. Additional highlights include public water and sewer, natural gas, newer roof (2022), and a mix of functional common areas and essential amenities to support tenant retention. On-site features include a garage and small outdoor space. Located in a high-demand rental corridor near Rutgers University, transportation, shopping, and major highways, this property benefits from consistent tenant demand and long-term growth potential. Whether you’re expanding your portfolio or entering the multi-unit investment space, this is a rare opportunity to acquire a high-yield asset in a prime location.

Features of 163 Livingston Avenue

MLS® #
2612943R
Acres
0.15
Type
Commercial Sale
Price
$1,500,000
Square Footage
4,752
Year Built
1900
Sub-Type
Investment

Exterior

Lot Description
[\"See Remarks\"]

Community Information

Address
163 Livingston Avenue
City
New brunswick
County
Middlesex
State
NJ
Zip Code
08901

Listing Information

Agent Name
KUNAL SODHI
Agent Office
EXP REALTY, LLC

Get Directions to Property:

Payment Calculator

(718) 987-7900