21 HARDENBERG ST
NEW BRUNSWICK, NJ 08901

Fantastic opportunity to own a licensed rooming house in an amazing location! Located seconds from the New Brunswick train station, Robert Wood Johnson Hospital and Rutgers University. This is an 8 bedroom, 3 bath rooming house currently making $6255 a month in rent. Across the street is the massively new cancer research center, around the corner is a 10+ story apartment building and around the corner on the other side of the building is a 9+ story building. This location is oozing with future development potential! Think of the possibilities! In the meantime, you have the potential to increase rents on this building or even convert it to a single family or two family property (confirm with Zoning). Massive potential with this property! Rooms are a mix of month to month tenancy and leases expiring May and June 2024. Basement apartment is its own apartment, first floor apartment is its own apartment and then 6 rooms on the second and third floor with a shared kitchen and bath. Owner pays PSEG bill and water bill for property. This will not last!! What an opportunity!

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