259 Hale ST, New Brunswick, NJ 08901
259 Hale ST, New Brunswick, NJ 08901
259 Hale ST, New Brunswick, NJ 08901
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Adan Sanchez

Adan Sanchez

+1(848) 888-7809
$ 399,000
Est. payment | /mo

2,044 SqFt

Save
$ 399,000
Est. payment | /mo
Save

2,044 SqFt

Key Details

Property Type Multi-Family

Sub Type 2 Family

Listing Status Active

Purchase Type For Sale

Square Footage 2,044 sqft

Price per Sqft $195

MLS Listing ID 2612452R

Year Built 1920

Annual Tax Amount $5,025

Tax Year 2024

Lot Size 2,500 Sqft

Acres 0.0574

Lot Dimensions 0.00 x 0.00

Property Sub-Type 2 Family

Source CJMLS API

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

Zoning R-5A

Rooms

Basement Full, Finished, None

Interior

Interior Features Unit 1(Dining Room, 2 Bedrooms, Kitchen, 1 Bath, Living Room), Unit 2(Dining Room, 2 Bedrooms, Kitchen, 1 Bath, Living Room)

Heating Zoned

Cooling A/C Central - All, Unit 1(A/C Central), Unit 2(A/C Central)

Appliance Water Heater(Gas), Water Heater, Unit 1(Range/Oven, Refrigerator, Washer), Unit 2(Range/Oven, Refrigerator, Washer)

Heat Source Natural Gas

Exterior

Utilities Available See Remarks

Building

Lot Description See Remarks

Story 3

Sewer Public Sewer

Water Public

Others

Senior Community no

Tax ID 1300200000000018

Ownership Fee Simple

Energy Description Natural Gas

Central Jersey MLS (CJMLS)
Listed by KELLER WILLIAMS CITY VIEWS RLT

Schools and Properties Nearby

Adan Sanchez

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+1(848) 888-7809

adanhomes24@gmail.com

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259 Hale ST