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Sold for $462,500
  • $462,500

    268 Somerset St, New Brunswick, NJ 08901

    --beds
    --baths
    2,500Square Feet
    Unimproved Land
    Built in ----
    2,500 Square Feet Lot
    $527,800 Zestimate®
    $--/sqft
    $1,940 Estimated rent

    Home value

    $527,800

    $443,000 - $618,000

    $1,940/mo

    Zestimate® history
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    What's special

    Calling all Builders and Developers, here is a Unique Opportunity to purchase a Fully Approved Commercial Corner Lot in Bustling New Brunswick consisting of 3 Units and a full Basement. First Floor can be Professional Office or Restaurant, Second Floor consists or 2 BR and 1 Bath, Third Floor consists of 2 BR and 1 BR. Each floor is 1,000 sq ft. On-side parking for 2 vehicles. The only thing you have to do is Apply for the Building Permit.

    Zillow last checked:

    Listing updated:

    Listed by:

    Barry Nelson 732-887-9523,

    Century 21 Abrams & Associates, Inc.

    Bought with:

    Barry Nelson, 125469

    Century 21 Abrams & Associates, Inc.

    Source: Bright MLS,MLS#: NJMX2006248MLS Logo

    Facts & features

    Property

    Lot
    • Size: 2,500 Square Feet
    • Dimensions: 25.00 x 100.00
    Details
    • Has additional parcels: Yes
    • Parcel number: 130009700027
    • Zoning: C-1
    • Special conditions: Standard

    Utilities & green energy

    • Sewer: Public Hook/Up Avail
    • Water: Public Hook-up Available

    Community & HOA

    HOA
    • Has HOA: No
    Location
    • Region: New Brunswick
    • Municipality: NEW BRUNSWICK CITY

    Financial & listing details

    • Tax assessed value: $85,000
    • Annual tax amount: $2,161
    • Date on market: 2/8/2024
    • Listing agreement: Exclusive Right To Sell
    • Ownership: Fee Simple

    Price history

    DateEventPrice
    11/12/2025Sold$462,500-22.8%
    Source: Bright MLS #NJMX2006248 Report a problem
    12/18/2024Pending sale$599,000
    Source: Bright MLS #NJMX2006248 Report a problem
    3/23/2024Price change$599,000-21.7%
    Source: Bright MLS #NJMX2006248 Report a problem
    2/8/2024Listed for sale$765,000+118.6%
    Source: Bright MLS #NJMX2006248 Report a problem
    1/26/2022Sold$350,000-7.7%
    Source: All Jersey MLS #2150579M Report a problem
    6/9/2021Listed for sale$379,000
    Source: All Jersey MLS #2150579M Report a problem
    4/30/2021Listing removed--
    Source: RE/MAX International Report a problem
    2/9/2021Pending sale$379,000
    Source: RE/MAX First Realty #2104020 Report a problem
    1/10/2021Listed for sale$379,000
    Source: RE/MAX FIRST REALTY, INC. #2104020 Report a problem
    1/10/2021Contingent$379,000-5%
    Source: All Jersey MLS #2104020 Report a problem
    10/7/2020Price change$399,000-16%
    Source: RE/MAX FIRST REALTY, INC. #2104020 Report a problem
    8/28/2020Listed for sale$475,000+244.2%
    Source: RE/MAX FIRST REALTY, INC. #2104020 Report a problem
    10/19/2016Sold$138,000+38%
    Source: Public Record Report a problem
    2/24/2000Sold$100,000-4.8%
    Source: Public Record Report a problem
    12/1/1998Sold$105,000
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$2,226 $85,000
    2024$2,226 +3%$85,000
    2023$2,162 +2.2%$85,000
    2022$2,116 +0.4%$85,000
    2021$2,107 +34.8%$85,000
    2020$1,563 -34.1%$85,000
    2019$2,372 $85,000
    2018$2,372 -37.8%$85,000 -59.3%
    2017$3,813 +2.4%$208,600 +220.9%
    2016$3,722 +1.8%$65,000
    2015$3,656 $65,000
    Find assessor info on the county website

    Neighborhood: 08901

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • District: New Brunswick Schools

    Source: Bright MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.