For sale

$349,000

259 Hale St, New Brunswick, NJ 08901

4beds

2baths

2,044sqft

$2,557/mo

Get pre-qualified

Multi Family

Built in 1920

-- sqft lot

$-- Zestimate^®

$171/sqft

$-- HOA

What's special

Full walkout basementAttic storagePartial first-floor framing completed

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.

22 days
1,210
39

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 4
Bathrooms: 2

Heating

Zoned

Cooling

A/C Central - All, Unit 1(A/C Central), Unit 2(A/C Central)

Appliances

Included: Water Heater(Gas), Water Heater, Unit 1(Range/Oven, Refrigerator, Washer), Unit 2(Range/Oven, Refrigerator, Washer)

Features

Unit 1(Dining Room, 2 Bedrooms, Kitchen, 1 Bath, Living Room), Unit 2(Dining Room, 2 Bedrooms, Kitchen, 1 Bath, Living Room)
Basement: Full, Finished, None

Interior area

Total structure area: 2,044
Total interior livable area: 2,044 sqft

Video & virtual tour

View virtual tour

Property

Features

Stories: 3

Lot

Size: 2,500 Square Feet
Features: See Remarks

Details

Parcel number: 1300200000000018
Zoning: R-5A

Construction

Type & style

Home type: MultiFamily
Property subtype: Multi Family

Condition

Year built: 1920

Utilities & green energy

Gas: Natural Gas
Sewer: Public Sewer
Water: Public
Utilities for property: See Remarks

Community & HOA

Location

Region: New Brunswick

Financial & listing details

Price per square foot: $171/sqft
Tax assessed value: $82,300
Annual tax amount: $5,025
Date on market: 9/5/2026
Ownership: Fee Simple

Estimated market value

Not available

Estimated sales range

Not available

$1,859/mo

Price history

Date	Event	Price
9/3/2026	Listed for sale	$349,000-12.5%$171/sqft
Source: GSMLS #4050404 Report a problem
8/26/2026	Listing removed	$399,000$195/sqft
Source: All Jersey MLS #2612452R Report a problem
3/19/2026	Listed for sale	$399,000$195/sqft
Source: GSMLS #4015485 Report a problem
3/18/2026	Listing removed	$399,000$195/sqft
Source: NJMLS #26002342 Report a problem
2/25/2026	Contingent	$399,000$195/sqft
Source: All Jersey MLS #2609874R Report a problem
2/12/2026	Pending sale	$399,000$195/sqft
Source: GSMLS #4006113 Report a problem
1/20/2026	Listed for sale	$399,000+185%$195/sqft
Source: GSMLS #4006113 Report a problem
5/27/2025	Sold	$140,000$68/sqft
Source: Public Record Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$2,155 -59.1%	$82,300 -59.1%
2024	$5,275 +3%	$201,400
2023	$5,122 +2.2%	$201,400
2022	$5,013 +0.4%	$201,400
2021	$4,993 +42%	$201,400
2020	$3,516 -22.2%	$201,400
2019	$4,519 +10.2%	$201,400
2018	$4,102 -21.5%	$201,400
2017	$5,223 +2.6%	$201,400 +115.9%
2016	$5,092 +1.9%	$93,300
2015	$4,997 +0.8%	$93,300
2014	$4,955 +2%	$93,300
2013	$4,857 +2.8%	$93,300
2012	$4,726 +3.5%	$93,300
2011	$4,566 +2.8%	$93,300
2010	$4,440 +3.1%	$93,300
2009	$4,307	$93,300
2008	--	$93,300
2007	--	$93,300
2006	--	$93,300
2005	--	$93,300
2004	$3,454	$93,300
2003	--	$93,300
2002	--	$93,300
2001	--	$93,300