- 4 beds
- 2 baths
- 1,152 sqft
- 5,001 sqft lot
- $429 per sqft
- 1915 build
- – on site
Investor Opportunity - Turnkey Rental in Prime Highland Park Location This charming four-bedroom Cape Cod is as cute as a button and an absolute gem for investors. Currently rented through July 2026 at $2,470 per month, it provides immediate income from a long-time tenant who treats the home with exceptional care. The property sits on a 50 x 100 lot and includes a one-car garage, enhancing its long-term value and appeal. Nestled in a highly desirable neighborhood, the home is just 1.4 miles from the New Brunswick Train Station, which offers direct service to New York City, 22 miles from Newark International Airport, and only four blocks from downtown Highland Park. With convenient access to mass transportation, schools, shopping, and major highways, this property combines strong rental performance with excellent future potential.
Last checked:
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Last updated Jun 20, 2025
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MLS# 2515693R —
The Building
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Year Built:1915
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Architectural Style:Cape Cod
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Roof:Asphalt
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Levels:Two
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Stories:1
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Stories Total:1
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Basement:Full
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Building Area Total:1152
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Basement:false
Interior
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Interior Features:Vaulted Ceiling(s), Kitchen, Living Room, Dining Room, 3 Bedrooms, None
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Flooring:Carpet
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Living Area:1152
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Rooms Total:7
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Fireplace:false
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Kitchen Features:Eat-in Kitchen
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Dining Room Features:Formal Dining Room
Room Dimensions
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Living Area Units:Square Feet
Financial & Terms
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Ownership:Fee Simple
Location
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Latitude:40.5003671
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Longitude:-74.4212124
The Property
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Property Type:Residential
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Property Subtype:Single Family Residence
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Property Attached:false
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Parcel Number:0703103000000012
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Lot Features:Level
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Lot Size Area:0.1148
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Lot Size Acres:0.1148
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Lot Size SqFt:5,001 Sqft
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Lot Size Dimensions:100.00 x 50.00
Listing Agent
- Contact info:
- No listing contact info available
Taxes
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Tax Year:2023
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Tax Annual Amount:$9,997
Beds
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Bedrooms Total:4
Baths
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Baths:2
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Baths:1.5
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Full Baths:1
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Half Baths:1
Heating & Cooling
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Heating:Baseboard
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Heating:true
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Cooling:None
Utilities
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Utilities:Natural Gas Connected
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Sewer:Public Sewer
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Water Source:Public
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Gas:Natural Gas
Appliances
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Appliances:Dishwasher
The Community
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Subdivision Name:Magnolia Park
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Association Fee Frequency:Monthly
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Senior Community:false
Parking
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Parking Features:1 Car Width
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Garage:true
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Attached Garage:true
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Garage Spaces:1
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Carport:false
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Covered Spaces:1
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Open Parking:true
Monthly cost estimate

Asking price
$494,900
Expense | Monthly cost |
---|---|
Mortgage
This calculator is intended for planning and education purposes only. It relies on assumptions and information provided by you regarding your goals, expectations and financial situation, and should not be used as your sole source of information. The output of the tool is not a loan offer or solicitation, nor is it financial or legal advice. |
$2,650
|
Taxes | $833 |
Insurance | $136 |
Utilities | $428 See report |
Total | $4,047/mo.* |
*This is an estimate |
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Air Pollution Index
Provided by ClearlyEnergy
The air pollution index is calculated by county or urban area using the past three years data. The index ranks the county or urban area on a scale of 0 (best) - 100 (worst) across the United Sates.
Sale history
Date | Event | Source | Price | % Change |
---|---|---|---|---|
6/20/25
Jun 20, 2025
|
Listed / Active | AJMLS | $494,900 |

72% of nearby similar homes sold for over asking price
Similar homes that sold in bidding wars went $30k above asking price on average, but some went as high as $95k over asking price.