259 Hale Street, New Brunswick NJ 08901, 1213 - New Brunswick, NJ 08901
- $399,000
- 2,044
- SqFt
- List Price
- $399,000
- Status
- ACTIVE
- Days on Market
- 132
- MLS#
- 2612452R
- Subtype
- Residential Income
- Year Built
- 1920
- Living Area
- 2,044
- Lot Size
- 2,500
- Acres
- 0.06
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.
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Additional Information
- Interior Features
- Unit 1(Dining Room,2 Bedrooms,Kitchen,1 Bath,Living Room), Unit 2(Dining Room,2 Bedrooms,Kitchen,1 Bath,Living Room)
- Taxes
- $5,025
- Appliances
- Water Heater(Gas), Water Heater, Unit 1(Range/Oven,Refrigerator,Washer), Unit 2(Range/Oven,Refrigerator,Washer)
- Air Conditioning
- A/C Central - All, Unit 1(A/C Central), Unit 2(A/C Central)
- Stories
- 3
- Levels
- 3
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Listing Courtesy Of KELLER WILLIAMS CITY VIEWS RLT, Contact:
Listing courtesy of KELLER WILLIAMS CITY VIEWS RLT. Contact:
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