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44 Courtlandt StNew Brunswick, NJ 08901
44 Courtlandt - 94 Luxury Units
Asset ClassMultifamily
Land0.93 Acres
# Stories: 5# Units: 94Year Built: 2024Access Data Room
94 Luxury Apartment Units
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Overview

Located in the vibrant heart of Downtown New Brunswick, 44 Courtlandt is a newly developed residential complex offering a range of modern studios, 1, 2, and 3 bedroom apartments, as well as spacious townhouses. Each unit is equipped with contemporary finishes and state- of-the-art appliances, ensuring maximum convenience for residents. The property boasts a variety of premier amenities, including a private gym, versatile lounge and workspaces, outdoor terraces ideal for relaxation, and a dedicated dog run for pet owners.

 

Strategically positioned, 44 Courtlandt is just a 10-minute walk to New Brunswick Train Station, making it a prime location for commuters. The station, only 0.7 miles away, provides easy access to New York City with an hour-long train ride. Additionally, the property is in close proximity to key institutions such as Rutgers University’s New Brunswick campus, Robert Wood Johnson Hospital, and Saint Peter’s Hospital, making it a convenient choice for students and professionals alike.

 

Property Video:

 

 

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Investment Highlights

  • Located in the Heart of Downtown New Brunswick
  • Exceptional Unit Mix - 1, 2, & 3 Bedroom Townhomes
  • $350+/mo Rent Upside
  • Brand New Luxury Construction
  • 10 Minute Walk to New Brunswick Train Station
  • 1 Hour to NYC by Train

Unit Mix

# of Units
AVG SF
Current Rent
Current PSF
ProForma Rent
ProForma PSF
Studio
18
500
$2,070
$4.14
$2600
$5.20
1 BD
14
683
$2,305
3.38
$2,600
$3.81
1 BD - Den
24
721
$2,368
3.28
$2,800
$3.88
2 BD - Den
20
1,114
$3,315
2.98
$3,600
$3.23
3 BD - Townhouse
18
1,350
$4262
$3.16
4500
3.33
Total/Wtd Avg
94
871
2836
$3.36
$3,196
$3.87
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44 Courtlandt StNew Brunswick, NJ 08901

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Listing provided by Revere CRE