259 Hale St, New Brunswick, NJ, 08901
About This Home
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.
Getting Around
Very Walkable
Some Transit
Very BikeableSchools
Construction
Condition
- Year built: 1920
Type & Style
- Home type: MultiFamily
- Property subType: Multi Family
Interior
Appliances
- Appliances included: Water Heater(Gas),Water Heater,Unit 1(Range/Oven,Refrigerator,Washer),Unit 2(Range/Oven,Refrigerator,Washer)
Basement
- Has basement: Yes
- Basement: Full, Finished, None
Bedrooms & Bathrooms
- Bedrooms: 4
- Bathrooms: 2
Features
- Unit 1(Dining Room,2 Bedrooms,Kitchen,1 Bath,Living Room),Unit 2(Dining Room,2 Bedrooms,Kitchen,1 Bath,Living Room)
Heating & Cooling
- Heating features: Zoned
- Cooling features: A/C Central - All,Unit 1(A/C Central),Unit 2(A/C Central)
Interior Area
- Total structure area: 2,044
- Total interior livable area: 2,044 sqft
Property
Details
- Parcel number: 1300200000000018
- Zoning: R-5A
Features
- Stories: 3
Lot
- Lot size: 2,500 sqft
- Features: See Remarks
- Lot size dimensions: 0.00 x 0.00