Great Investment Opportunity close to Rutgers College Ave and Robert Wood Johnson Hospital! Fully rented through May 2026. Currently collecting $7650 per month. Starting in June, the property will achieve $7900 per month. Tenants pay all utilities. Large 50x100 lot size in a commercial C-1 zone. House was built in 2005.
Sold for $999,999
$999,999
260 Somerset St, New Brunswick, NJ 08901
10beds
4baths
3,480sqft
Multi Family
Built in 2005
-- sqft lot
$1,030,000 Zestimate®
$287/sqft
$2,480 Estimated rent
Home value
$1,030,000
$937,000 - $1.13M
$2,480/mo
Zestimate® history
Owner options
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$2,480/mo
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$2,480/mo
Rent Zestimate®
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$6,873/mo
Est. payment
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$6,873/mo
Est. payment
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Zillow last checked:
Listing updated:
Listed by:
ANDREW WRIGHT,
KELLER WILLIAMS ELITE REALTORS 732-549-1998
Source: All Jersey MLS,MLS#: 2509367R
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 10
- Bathrooms: 4
Heating
- See Remarks, Forced Air
Cooling
- A/C Central - Some, See Remarks, Unit 1(A/C Central), Unit 2(A/C Central)
Appliances
- Included: Water Heater(Gas), Water Heater, Unit 1(Dryer, Range/Oven, Refrigerator, Washer), Unit 2(Dryer, Range/Oven, Refrigerator, Washer)
Features
- Unit 1(Kitchen, 5+ Bedrooms, Living Room, 2+ Baths), Unit 2(Kitchen, 5+ Bedrooms, Living Room, 2+ Baths)
- Flooring: Unit 1 Carpet, Unit 2 Carpet
- Basement: Partially Finished, Storage Space, Utility Room, Laundry Facilities
Interior area
- Total structure area: 3,480
- Total interior livable area: 3,480 sqft
Property
Parking
- Parking features: 4(+)Car Parking
Features
- Stories: 3
Lot
- Size: 5,000 Square Feet
- Dimensions: 100.00 x 50.00
- Features: See Remarks, Level
Details
- Parcel number: 130009600000002001
- Zoning: C-1
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Roof: Asphalt
Condition
- Year built: 2005
Utilities & green energy
- Gas: Natural Gas
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Electricity Connected, Natural Gas Connected
Community & HOA
Location
- Region: New Brunswick
Financial & listing details
- Price per square foot: $287/sqft
- Tax assessed value: $804,800
- Annual tax amount: $21,077
- Date on market: 2/18/2025
- Ownership: Fee Simple
- Electric utility on property: Yes
Price history
| Date | Event | Price |
|---|---|---|
| 5/29/2025 | Sold | $999,9990%$287/sqft |
Source:  All Jersey MLS #2509367R Report a problem | ||
| 3/28/2025 | Contingent | $1,000,000$287/sqft |
Source: All Jersey MLS #2509367R Report a problem | ||
| 2/18/2025 | Listed for sale | $1,000,000+2.3%$287/sqft |
Source: All Jersey MLS #2509367R Report a problem | ||
| 12/1/2014 | Sold | $977,550+325%$281/sqft |
Source: Public Record Report a problem | ||
| 5/3/2003 | Sold | $230,000+125.5%$66/sqft |
Source: Public Record Report a problem | ||
| 6/9/1997 | Sold | $102,000$29/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $21,078 | $804,800 |
| 2024 | $21,078 +3% | $804,800 |
| 2023 | $20,466 +2.2% | $804,800 |
| 2022 | $20,031 -16.6% | $804,800 -16.9% |
| 2021 | $24,017 +34.8% | $968,800 |
| 2020 | $17,814 -22.4% | $968,800 |
| 2019 | $22,941 +32.8% | $968,800 |
| 2018 | $17,274 -41.1% | $968,800 |
| 2017 | $29,330 +2.4% | $968,800 +93.8% |
| 2016 | $28,630 +49.5% | $500,000 |
| 2015 | $19,155 +0.8% | $500,000 +46.8% |
| 2014 | $19,002 | $340,600 +203.3% |
| 2003 | -- | $112,300 |
| 2002 | -- | $112,300 |
| 2001 | -- | $112,300 |
Find assessor info on the county website
Neighborhood: 08901
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Nearby schools
GreatSchools rating
- 5/10Blanquita B. Valenti Community SchoolGrades: K-8Distance: 0.2 mi
- 2/10New Brunswick High SchoolGrades: 9-12Distance: 1.7 mi
- 4/10Lincoln Elementary SchoolGrades: K-5Distance: 0.5 mi
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Estimated market value
$1,030,000
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$1,030,000
- New Jersey
- Middlesex County
- New Brunswick
- 08901
- 260 Somerset St
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