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Bayard Street Portfolio/ Redevelopment 8 Properties Offered at $7,775,000 in New Brunswick, NJ
Investment Highlights
- Tremendous redevelopment potential with interim rental income.
- Transit-oriented location
Executive Summary
8-property residential/ mixed-use rental portfolio in close proximity to RWJ Univ Hospital, New Brunswick train station and the nascent innovation district known as the HELIX. The portfolio includes # 106(corner of Joyce Kilmer), 108, 110, 112, 120, 122, 124 & 131 Bayard St. Potential to create a contiguous 17,600 sf+- lot footprint (106-112) and a 12,500 sf +- lot footprint (120-124). 131 Bayard is a stand alone single-family house. Zoning is C-4, Downtown Commercial/ Office District. One of the last remaining portfolios at the epicenter of downtown New Brunswick redevelopment.
Property Facts
| Price | $7,775,000 | Number of Properties | 8 |
| Price / SF | $299.43 / SF | Individually For Sale | 0 |
| Sale Condition | Redevelopment Project | Total Building Size | 25,966 SF |
| Sale Type | Investment or Owner User | Total Land Area | 0.67 AC |
| Status | Active |
| Price | $7,775,000 |
| Price / SF | $299.43 / SF |
| Sale Condition | Redevelopment Project |
| Sale Type | Investment or Owner User |
| Status | Active |
| Number of Properties | 8 |
| Individually For Sale | 0 |
| Total Building Size | 25,966 SF |
| Total Land Area | 0.67 AC |
Properties
| Property Name / Address | Property Type | Size | Year Built | Individual Price |
|---|---|---|---|---|
| 108 Bayard St, New Brunswick, NJ 08901 | Multifamily | 4,500 SF | 1900 | - |
| 106 Bayard St, New Brunswick, NJ 08901 | Multifamily | 3,400 SF | 1900 | - |
| 112 Bayard St, New Brunswick, NJ 08901 | Multifamily | 3,200 SF | 1900 | - |
| 120 Bayard St, New Brunswick, NJ 08901 | Multifamily | 3,000 SF | 1900 | - |
| 122 Bayard St, New Brunswick, NJ 08901 | Multifamily | 2,800 SF | 1900 | - |
| 124 Bayard St, New Brunswick, NJ 08901 | Multifamily | 2,800 SF | 1900 | - |
| 110 Bayard St, New Brunswick, NJ 08901 | Office | 4,700 SF | 1900 | - |
| 131 Bayard St, New Brunswick, NJ 08901 | Specialty | 1,566 SF | 1900 | - |
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Bayard Street Portfolio/ Redevelopment
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