1 Adams Pl | New Brunswick, NJ 08901
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- LoopNet Team
1 Adams Pl
New Brunswick, NJ 08901
Adams Place · Multifamily Property For Sale
·
6 Units
INVESTMENT HIGHLIGHTS
- Fully occupied building in which all units boast recent renovations with luxury finishes, and there is ample parking available for tenants.
- Desirable location in excellent proximity to Rutgers University, whose newly expanded Rutgers Stadium attracts more than 50,000 fans each game day.
- Situated in an Opportunity Zone which allows for significant tax savings and inventive when investing capital gains dollars.
- The census-estimated population of New Brunswick for 2019 was 55,676, and the median annual household income in Turnpike West is about $80,000.
- The world headquarters for healthcare giant Johnson & Johnson has been located in New Brunswick since 1886.
- Nearby first-class medical facilities include Robert Wood Johnson University Hospital, Saint Peter's University Hospital, and more.
PROPERTY FACTS
| No. Units | 6 | Building Size | 5,100 SF |
| Property Type | Multifamily | Average Occupancy | 100% |
| Property Subtype | Apartment | No. Stories | 3 |
| Apartment Style | Low-Rise | Year Built | 1950 |
| Building Class | C | Parking Ratio | 4.52/1,000 SF |
| Lot Size | 0.18 AC | ||
| Zoning | R-5A - Single-Family and Two-Family Residential District | ||
| No. Units | 6 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.18 AC |
| Building Size | 5,100 SF |
| Average Occupancy | 100% |
| No. Stories | 3 |
| Year Built | 1950 |
| Parking Ratio | 4.52/1,000 SF |
| Zoning | R-5A - Single-Family and Two-Family Residential District |
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| Studios | 1 | - | - |
| 1+1 | 5 | - | - |
PROPERTY TAXES
| Parcel Number | 13-00559-0000-00009-01 | Improvements Assessment | $537,500 |
| Land Assessment | $134,500 | Total Assessment | $672,000 |
PROPERTY TAXES
Parcel Number
13-00559-0000-00009-01
Land Assessment
$134,500
Improvements Assessment
$537,500
Total Assessment
$672,000
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