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
Climate Risk is Financial Risk
Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.
Biggest Threats for This Home
- Inland Flooding
- Strong Wind
- Winter Weather
- Cold Wave
- Heat Wave
- Ice Storm
- Tornado
- Tsunami
How This Home’s Risks Compare
FEMA Declared Disasters Across New Jersey Counties
Understanding the Costs
Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.
Estimated Costs Today
| Monthly | Annual | |
|---|---|---|
| Mortgage | $2,017 | $24,204 |
| Home Insurance * | $154 | $1,848 |
| Property Taxes | $661 | $7,932 |
| Electricity | $225 | $2,703 |
| Total | $3,057 | $36,684 |
Income You'd Need if You Spent...
New Jersey FAIR Plan Programs
How Costs Could Change Over Time
Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.
Comparing Against the Market
Price Per Sq Ft
vs Other Active Listings
Avg $/sqft
vs Homes Sold Last Month
Median $/sqft
Current Market Trends
Median Price Per Square Foot
The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.
Historicals for This Listing
Zestimate History ($/sqft)
Price History
| Date | Event | Price |
|---|---|---|
| 2026-03-19 | Listed for sale | $399,000 |
| 2026-03-18 | Listing removed | $399,000 |
| 2026-02-25 | Contingent | $399,000 |
| 2026-02-12 | Pending sale | $399,000 |
| 2026-01-20 | Listed for sale | $399,000 |
| 2025-05-27 | Sold | $140,000 |
For Sale by Agent
View on Zillow