For sale

$750,000

84 Ray St, New Brunswick, NJ 08901

--beds

2baths

1,520sqft

Est.:

Multi Family

Built in 1872

-- sqft lot

$734,100 Zestimate^®

$493/sqft

$-- HOA

What's special

Rare opportunity to acquire this two-family investment property in Rutgers University - College Avenue Campus. Includes off-street driveway parking with a detached garage just one block from College Avenue Campus. Under rented at $4,274 offering a rare opportunity for increased cash flow. Sold AS-IS. Buyer to obtain city CO.

98 days

848

11

Tour with a local agent

Facts & features

Interior

Bedrooms & bathrooms

Bathrooms: 2

Heating

Baseboard Hotwater

Cooling

None

Appliances

Included: Water Heater(Gas), Water Heater

Features

Unit 1(See Remarks), Unit 2(See Remarks)
Basement: Full, Recreation Room, Storage Space

Interior area

Total structure area: 1,520
Total interior livable area: 1,520 sqft

Property

Parking

Total spaces: 1
Parking features: Garage, Detached, 3-4 Car Parking, On Street, See Remarks
Garage spaces: 1

Features

Stories: 2

Lot

Size: 3,301.85 Square Feet
Dimensions: 100.00 x 33.00
Features: Near Shopping, Near Train, See Remarks, Near Public Transit

Details

Parcel number: 1300079000000017
Zoning: R-5A

Construction

Type & style

Home type: MultiFamily
Property subtype: Multi Family

Condition

Year built: 1872

Utilities & green energy

Gas: Natural Gas
Sewer: Public Sewer
Water: Public
Utilities for property: See Remarks

Community & HOA

Location

Region: New Brunswick

Financial & listing details

Price per square foot: $493/sqft
Tax assessed value: $461,600
Annual tax amount: $12,089
Date on market: 12/31/2025
Ownership: Fee Simple

Estimated market value

$734,100

$697,000 - $771,000

$3,641/mo

Price history

Date	Event	Price
12/31/2025	Listed for sale	$750,000+82.7%$493/sqft
Source: All Jersey MLS #2608842R Report a problem
7/8/2015	Sold	$410,500$270/sqft
Source: Public Record Report a problem
4/20/2013	Listing removed	$1,750$1/sqft
Source: Rental Source Report a problem
3/29/2013	Listed for rent	$1,750$1/sqft
Source: Rental Source Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$12,089	$461,600
2024	$12,089 +3%	$461,600
2023	$11,738 +2.2%	$461,600
2022	$11,489 +0.4%	$461,600
2021	$11,443 +34.8%	$461,600
2020	$8,488 -22.4%	$461,600
2019	$10,931	$461,600
2018	$10,931 +29%	$461,600
2017	$8,476 +2.4%	$461,600 +219.4%
2016	$8,274 +1.8%	$144,500
2015	$8,127 +0.8%	$144,500
2014	$8,062 +4.6%	$144,500
2012	$7,706 +3.3%	$144,500
2011	$7,459 +2.7%	$144,500
2010	$7,264 +2.9%	$144,500
2009	$7,057	$144,500
2008	--	$144,500
2007	--	$144,500
2006	--	$144,500
2005	--	$144,500
2004	$5,737	$144,500
2003	--	$144,500