259 Hale St, New Brunswick, NJ 08901

Sqft
2,044

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Listed byKELLER WILLIAMS CITY VIEWS RLT
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Overview

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

Full feature list

Basic info

Property type
Multi-family
Number of stories
3
Square feet
2,044
Lot size (acres)
0.06
Year built
1920

Interior features

Basement
Yes, Finished

Utilities

Heating
Zoned
Cooling
Central Air
Sewer
Public Sewer
Water
Public Water

Taxes

Tax Annual Amount (2024)
$5,025

Public schools

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Sourced from: Central Jersey MLS MLS®#: 2612452R Last checked:

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