2
See all 2 photos
$399,000
Est. payment /mo
4 Beds
2 Baths
2,613 Sqft Lot
New
259 Hale St New Brunswick City, NJ 08901
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Key Details
Property Type Multi-Family, Commercial
Listing Status Active
Purchase Type For Sale
MLS Listing ID 4006113
Style 2-Two Story
Bedrooms 4
Full Baths 2
Year Built 1920
Annual Tax Amount $5,274
Tax Year 2024
Lot Size 2,613 Sqft
Property Description
Investor Opportunity: Approved plans in place to rebuild a two-family property with 2 bedrooms and 1 full bathroom per unit (4 beds / 2 baths total), featuring a full walkout basement and attic storage. The home sits on the existing foundation with partial first-floor framing completed, reducing construction costs and increasing equity potential on the after-repair value. Located in a high-demand rental area near Robert Wood Johnson University Hospital, Rutgers University, transportation, and shopping, this is an ideal project for investors seeking strong rental demand, appreciation, and upside through a buy-and-hold or resale strategy. Approved plans in place with cost savings from the existing structure, a prime rental location, and strong upside, making this a turnkey rebuild ideal for buy-and-hold or resale with margin built in.
Location
State NJ
County Middlesex
Rooms
Basement Full, Walkout
Interior
Heating Gas-Natural
Cooling 2 Units, Central Air
Heat Source Gas-Natural
Exterior
Exterior Feature Vinyl Siding
Utilities Available Gas-Natural
Roof Type Asphalt Shingle
Building
Sewer Public Sewer
Water Public Water
Architectural Style 2-Two Story
Others
Senior Community No
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Listed by KELLER WILLIAMS CITY VIEWS REALTY
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