22A Joyce Kilmer AveNew Brunswick, NJ 08901

Property Details for 22A Joyce Kilmer Ave

Lot size

0.09 AC

Property size (Sq ft)

3,753 SF

Property type

Residential income properties

Property subtype

Multifamily properties

Description

This exceptional New Brunswick, NJ investment property, located at 22A & 24A Joyce Kilmer Avenue, presents a compelling opportunity for savvy investors. The property encompasses a combined 3,753 square feet and sits on a 0.09-acre corner lot at a signalized intersection, maximizing visibility and accessibility. The zoning designation is C-4, allowing for a diverse range of commercial uses, including retail, personal service businesses, restaurants, offices, and medical care centers and clinics. This flexibility makes it ideal for redevelopment or adaptive reuse. Currently configured as a mixed-use building featuring approximately 1,788 square feet of retail/mixed-use space and a separate 1,954 square foot two-family house, the property offers immediate income potential while presenting significant upside through strategic repositioning. Its prime location near the Helix (the Health & Life Science Exchange) and Rutgers School of Nursing ensures high foot traffic and a strong tenant pool. The property's 2024 property tax assessment is $17,856. This is a rare chance to acquire a well-situated, versatile property in a thriving New Jersey market with significant growth potential. The asking price for this exceptional investment is $1,400,000. Don't miss this chance to capitalize on this dynamic location and flexible zoning.

Location Insight

City

New Brunswick

County

Middlesex

State

New Jersey

Latitude

40.4807

Longitude

-74.4603

FAQs

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