259 Hale ST, New Brunswick, NJ 08901
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259 Hale ST, New Brunswick, NJ 08901
259 Hale ST, New Brunswick, NJ 08901
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Nicole Peranteau

Nicole Peranteau

+1(609) 617-6999
$ 349,000
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259 Hale ST New Brunswick, NJ 08901

2,044 SqFt

UPDATED:

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 $170

MLS Listing ID 2703987R

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

Virtual Tour https://www.propertypanorama.com/instaview/msx/2703987R

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

NEARBY SCHOOLS & PROPERTIES

Nicole Peranteau

Nicole Peranteau

Agent License ID: 0790242

+1(609) 617-6999

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259 Hale ST