48 Sicard Street is a 15-unit multifamily asset in the core of Rutgers University – New Brunswick. Offered at $6,000,000, the property delivers immediate access to one of the strongest and most reliable rental markets in New Jersey.
Built in 2018, the three-story building totals 11,856 SF on a 4,099 SF lot and features a mix of one- and two-bedroom apartments with shared kitchens and living areas — a layout built for student and young professional demand. On-site parking further strengthens the appeal in a submarket where it is limited.
With 50,000+ students enrolled annually and a persistent shortage of walkable housing, occupancy at this location is both stable and scalable. Modern construction reduces near-term capex exposure, and the property’s positioning inside the Rutgers ecosystem ensures long-term rent growth and appreciation.
Financials, rent roll, and NOI available upon request.