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Sold for $885,000
  • $885,000

    351 Somerset St, New Brunswick, NJ 08901

    6beds
    --sqft
    Multi Family
    Built in 2022
    -- sqft lot
    $913,300 Zestimate®
    $--/sqft
    $3,791 Estimated rent

    Home value

    $913,300

    $822,000 - $1.01M

    $3,791/mo

    Zestimate® history
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    $3,791/mo

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    $3,791/mo

    Rent Zestimate®

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    $6,072/mo

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    $6,072/mo

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    What's special

    Fabulous two-unit investment property on oversized lot certified by the city to accommodate 13 individuals (8 in the front house and 5 in the back house). First thing to know is there are 2 separate, self-sufficient buildings on this lot. The back building, built in 2022, is certified for 5 occupants. Unit B is over 4 car garages. 2 of them have 10 ft high doors and are heated and cooled. This is perfect for additional rental income, work space or temperature controlled storage income. The second floor has a beautiful self-sufficient 2 bed 2 bath apartment. This unit faces a large back yard surrounded by a paver driveway and patio with outdoor furniture. The second floor also offers a deck off the living room and gas fireplace. Unit A in the front is also self-sufficient and is certified for 8 occupants. It has 4 bedrooms, a full basement, enclosed porch. This property has been owner occupied for many many years and is very well maintained. This is perfect for an owner occupant who can live in one unit and rent the other, multi-generational living or students. Also, there is plenty of off-street parking which is high demand. Additional rental income from the garages is a huge plus. This property is not registered with New Brunswick Rent Control, so you set the rents you feel the market will support.

    Zillow last checked:

    Listing updated:

    Listed by:

    DWIGHT E. HATHAWAY,

    RE/MAX CLASSIC GROUP 908-698-4500,

    JOHN BENDALL,

    RE/MAX CLASSIC GROUP

    Source: All Jersey MLS,MLS#: 2560526MMLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 6
    • Bathrooms: 4
    • Full bathrooms: 4
    Heating
    • Heat Pump, Zoned, Steam
    Cooling
    • A/C Central - All, Unit 1(A/C Central), Unit 2(A/C Unit)
    Appliances
    • Included: Water Heater(Gas), Water Heater, Unit 1(Dryer, Range/Oven, Refrigerator, Washer), Unit 2(Dryer, Range/Oven, Refrigerator, Washer)
    Features
    • Unit 1(2 Bedrooms, 2+ Baths, Kitchen, Laundry Hookup, Living Room, See Remarks), Unit 2(2+ Baths, 3 Bedrooms, Dining Room, Kitchen, Laundry Hookup, Living Room, See Remarks)
    • Basement: Full, Laundry Facilities
    Interior area
    • Total structure area: 0

    Property

    Parking
    • Total spaces: 4
    • Parking features: Attached, Detached, 4(+)Car Parking
    • Attached garage spaces: 4
    Features
    • Stories: 2
    • Patio & porch: Deck, Patio, Enclosed
    • Exterior features: Deck, Patio, Porch(es) - Enclosed
    Lot
    • Size: 10,001 sqft
    • Dimensions: 50X200
    • Features: Level
    Details
    • Parcel number: 130041300000000701
    • Zoning: 5TH

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Multi Family
    Materials
    • Roof: Asphalt
    Condition
    • Year built: 2022

    Utilities & green energy

    • Gas: Natural Gas
    • Sewer: Public Sewer
    • Water: Public
    • Utilities for property: Electricity Connected, Natural Gas Connected

    Community & neighborhood

    Location
    • Region: New Brunswick

    Other

    Other facts
    • Ownership: Fee Simple

    Price history

    DateEventPrice
    5/30/2026Listing removed$3,800
    Source: Zillow Rentals Report a problem
    4/3/2026Listed for rent$3,800
    Source: Zillow Rentals Report a problem
    5/16/2025Sold$885,000-1.7%
    Source: All Jersey MLS #2560526M Report a problem
    4/3/2025Contingent$899,999
    Source: All Jersey MLS #2560526M Report a problem
    3/28/2025Price change$899,999-10%
    Source: All Jersey MLS #2560526M Report a problem
    11/21/2024Price change$999,999-13%
    Source: All Jersey MLS #2560526M Report a problem
    10/19/2024Listed for sale$1,150,000+130%
    Source: All Jersey MLS #2560526M Report a problem
    11/21/2022Sold$500,000
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$11,380 $434,500
    2024$11,380 +3%$434,500
    2023$11,049 +42.4%$434,500 +39.4%
    2022$7,758 +0.4%$311,700
    2021$7,727 +34.8%$311,700
    2020$5,731 -34.7%$311,700
    2019$8,773 $311,700 -15.9%
    2018$8,773 +29.8%$370,500
    2017$6,758 +2.4%$370,500 +221.6%
    2016$6,596 +1.8%$115,200
    2015$6,479 +0.8%$115,200
    2014$6,427 +16%$115,200
    2010$5,541 +3.1%$115,200
    2009$5,376 $115,200
    2008-- $115,200
    2007-- $115,200
    2006-- $115,200
    2005-- $115,200
    2004$4,323 $115,200
    2003-- $115,200
    2002-- $115,200
    2001-- $115,200

    Find assessor info on the county website

    Neighborhood: 08901

    Nearby schools

    GreatSchools rating
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    Estimated market value
    $913,300
    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
    $913,300