








A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |


Rental property for sale in New Brunswick at 1 Spring St UNIT 701, New Brunswick, NJ, 08901 priced at $512,500 converts $3,802/mo rent into $149/mo cash flow after a $2,508/mo obligation. Total monthly income equals $3,802/mo, and annual cash flow totals $1,793/yr on $168,613 invested. Return on cash invested prints 21.12% in year one, and rental yield reads 8.9% against a $512,500 entry. Equity gained on principal adds $3,307/yr, while 5% annual appreciation compiles into $141,594 by year five. Five-year ROI reaches 110.57% and total cumulative return in cash sums $186,440. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $3,802/mo property income covering a $2,508/mo payment, not borrower’s personal income.
Condo
Built in 2006
N/A lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 08901, New Brunswick, NJ area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 18,186 (100%) |
| Owner Occupied HU | 3,152 (17.3%) |
| Renter Occupied HU | 12,900 (70.9%) |
| Vacant Housing Units | 2,134 (11.7%) |
| Median Home Value | $390,987 |
| Average Home Value | $438,988 |
Residential
16,374
Single Family
11,765
Multi-Family
4,609
Businesses
1,520
Date | Event | Price |
|---|---|---|
| 2025-07-17 | Listing removed | $539,000 |
| 2025-07-16 | Listing removed | $3,200 |
| 2025-06-17 | Listed for rent | $3,200 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-10-11 | $10533.62 | 2.99% | $402,200 | N/A |
| 2023-10-11 | $10227.95 | 2.17% | $402,200 | N/A |
| 2022-10-11 | $10010.76 | 0.40% | $402,200 | N/A |



Listed by: N/A • N/A
Mls Name: All Jersey MLS
Mls ID: #2515476R