$2,600,000
Price
6,800 Sq. Ft.
$382 / Sq. Ft.
6,800
Sq. Ft.
$382
per Sq. Ft.

Description

Rare Mixed-Use Opportunity in the Heart of New Brunswick! Positioned on vibrant George Street, this fully leased, income-producing mixed-use property presents a unique opportunity for investors. The beautifully renovated two-level restaurant space is currently leased to the popular Casa Ragazzi, offering strong street presence, steady cash flow, and a built-in tenant in one of the area's most walkable and high-traffic locations. Above the commercial space are three well-maintained residential units....Rare Mixed-Use Opportunity in the Heart of New Brunswick! Positioned on vibrant George Street, this fully leased, income-producing mixed-use property presents a unique opportunity for investors. The beautifully renovated two-level restaurant space is currently leased to the popular Casa Ragazzi, offering strong street presence, steady cash flow, and a built-in tenant in one of the area's most walkable and high-traffic locations. Above the commercial space are three well-maintained residential units. The spacious first-floor apartment features 4 bedrooms, 1 full bath, and 2 half baths, while the third floor includes two separate 2-bedroom unitsall currently leased. Just steps from Rutgers University, public transportation, and downtown amenities, this 6,800 sqft. property offers a highly desirable investment profile with separate utilities, updated systems, and a reliable rent roll. Whether you're looking to expand your portfolio or secure a prime location with built-in income, this New Brunswick asset delivers.
  1. Listed by PIOTR SUDAL • EXP REALTY, LLC

Property Details for 378 George Street

Zoning
C-4
Year Built
1990
LISTING UPDATED: 10/27/2025 02:51 AM

Property Details for 378 George Street

StatusActive
MLS #2660453M
Days on Market113
Taxes$51,450 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income / 3 Family
Year Built1990
Lot Size0.05 AC / 2,178 SF
CountyMiddlesex County

Location

Listing Courtesy of EXP REALTY, LLC, PIOTR SUDAL
Add your commute

Building Information for 378 George Street

Stories3Residences-Year Built1990Building Size-Lot Size0.05 AC / 2,178 SF

Payment Calculator

$16,959 per month

30 year fixed, 6.15% Interest

Principal and Interest

$12,672

Property Taxes

$4,288

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 378 George Street

Summary
Location and General Information
  • State Or Province: NJ
Parking
  • Carport Spaces: 0.0
  • Carport: No
  • Covered Spaces: 0.0
  • Garage Spaces: 0.0
  • Garage: No
Owner
  • Ownership: Fee Simple
Taxes and HOA Information
  • Tax Annual Amount: $51,450.00
  • Tax Year: 2024
  • Other Fees: $.00
Property
Lot Information
  • Building Area Total: 6800.0
  • Living Area: 6800.0
  • Living Area Units: Square Feet
  • Lot Features: Level, Near Public Transit, Near Shopping, Near Train
  • Lot Size Acres: 0.05
  • Lot Size Area: 0.05
  • Lot Size Dimensions: 20X105
  • Lot Size Square Feet: 2178.0
Property and Assessments
  • Water Source: Public
  • Parcel Number: 1300015000000019
  • Photos Count: 66
Utilities
  • Sewer: Public Sewer
  • Utilities: Underground Utilities
Interior and Exterior Features
Interior Features
  • Cooling: A/C Central - All
  • Gas: Natural Gas
  • Heating: Forced Air
  • Heating: Yes
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 4
  • Number Of Separate Water Meters: 4
  • Postal Code: 08901
  • Postal Code Plus4: 2004
  • Bathrooms Full: 3
  • Bathrooms Half: 5
  • Bathrooms Total: 6
  • Bedrooms Total: 8
  • Basement: Finished, None
  • Bathrooms Total: 8
  • Appliances: Water Heater(Electric), Water Heater
  • # Heat Systems: 4
Exterior Features
  • Service: Garbage Included In Tax
  • Stories: 3
  • Stories Total: 3

Property History for 378 George Street

DateEvent & SourcePriceAppreciation
Sep 14, 2025

Listed (Active)

CJMLS #2660453M

$2,600,000
Sep 17, 2021

Sold (Public Record)

Public Record #1475456154

$2,111,500

+11.1% / yr

Jan 2, 2011

Sold

CJMLS #11459

Feb 23, 2010

Listed (Active)

CJMLS #11459

$4,000
Nov 18, 2009

Sold

CJMLS #904314

$7,000
Sep 17, 2008

Listed (Active)

CJMLS #904314

$7,500
Mar 23, 2007

Sold (Public Record)

Public Record #595420087

$460,000
DateEvent & SourcePrice
09/14/2025

Listed (Active)

CJMLS #2660453M

$2,600,000
09/17/2021

Sold (Public Record)

Public Record #1475456154

$2,111,500

+11.1% / yr

01/02/2011

Sold

CJMLS #11459

02/23/2010

Listed (Active)

CJMLS #11459

$4,000
11/18/2009

Sold

CJMLS #904314

$7,000
09/17/2008

Listed (Active)

CJMLS #904314

$7,500
03/23/2007

Sold (Public Record)

Public Record #595420087

$460,000

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 378 George Street

Taxable ValueLand$415,300Additions$1,549,200Total$1,964,500
Tax Record2024$51,450 ($4,288 / month)
Home Facts
Total Finished SqFt6,120 SqFtAbove Grade Finished SqFt6,120 SqFtStories3Lot Size2,100 SqFtStyleMiscellaneous CommercialYear Built1905ZoningC-4CountyMIDDLESEXAPN13 00015-0000-00019

Schools near 378 George Street

This home is within New Brunswick Public School District.
Rating
School
Type
Grades
Distance
Public - 4 to 8
Public - 9 to 12
Public - K to 5
Public - PK to 5
Rating
School
Distance
Blanquita B. Valenti Community School
Public4 to 8

New Brunswick High School
Public9 to 12

Roosevelt Elementary School
PublicK to 5

Lord Stirling Elementary School
PublicPK to 5

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Neighborhood Map and Transit

Similar Homes

Similar Sold Homes

378 George Street is a multi-family home for sale in New Brunswick, NJ 08901. This property was listed for sale on September 15, 2025 by EXP REALTY, LLC, it's currently listed at $2,600,000. It has been on the market for a total of 113 days and was last sold on September 17, 2021. This listing's school district is New Brunswick Public School District. Nearby schools include Blanquita B. Valenti Community School, New Brunswick High School and Roosevelt Elementary School. 378 George Street is a 8-bed, 8-bath, 6,800 sqft multi-family home built in 1990.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of EXP REALTY, LLC, PIOTR SUDAL

The data relating to the real estate for sale on this website comes in part from the Internet Data Exchange Program of the NJMLS. Real estate listings held by brokerage firms other than (insert office name) aremarked with the Internet Data Exchange logo and information about them includes the name of the listing brokers. Some properties listed with the participating brokers do not appear on this website at the request of the seller. Listings of brokers that do not participate in Internet Data Exchange do not appear on this website. All information deemed reliable but not guaranteed. Last date updated: 01/07/2026 04:50 AM. Source: New Jersey Multiple Listing Service, Inc. © 2026 New Jersey Multiple Listing Service, Inc. All rights. The data relating to the real estate for sale and sold listing information on this website comes from the New Jersey Multiple Listing Service, Inc. Virtual Office Website (VOW) program. This website may not include listings or property addresses of sellers who have directed their listing brokers to withhold their listing or their property address from display on the Internet. Sold listings may have been listed and/or sold by a real estate brokerage other than (insert office name). All information deemed reliable but not guaranteed. NLMLS makes no representation or warranty regarding the accuracy of the data. This data and information is protected under federal copyright laws which prohibit the unauthorized copying or alternation of all or any part of copyrighted materials, including certain compilations of data and information. Copyright violators may be subject to severe fines and penalties under federal law. Source: New Jersey Multiple Listing Service Inc. Last date updated: 01/07/2026 04:50 AM © 2026 New Jersey Multiple Listing Service Inc. All rights reserved.