About 259 Hale Street
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.
Features of 259 Hale Street
| MLS® # | 2612452R |
|---|---|
| Price | $399,000 |
| Square Footage | 2,044 |
| Acres | 0.06 |
| Year Built | 1920 |
| Type | Residential Income |
| Sub-Type | 2 Family |
| Status | Active |
Community Information
| Address | 259 Hale Street |
|---|---|
| City | New Brunswick |
| County | Middlesex |
| State | NJ |
| Zip Code | 08901 |
Amenities
| Utilities | See Remarks |
|---|---|
| Is Waterfront | No |
| Has Pool | No |
Interior
| Interior Features | Unit 1(Dining Room,2 Bedrooms,Kitchen,1 Bath,Living Room), Unit 2(Dining Room,2 Bedrooms,Kitchen,1 Bath,Living Room) |
|---|---|
| Appliances | Water Heater(Gas), Water Heater, Unit 1(Range/Oven,Refrigerator,Washer), Unit 2(Range/Oven,Refrigerator,Washer) |
| Heating | Zoned |
| Cooling | A/C Central - All, Unit 1(A/C Central), Unit 2(A/C Central) |
| Fireplace | No |
| # of Stories | 3 |
| Has Basement | Yes |
| Basement | Full, Finished, None |
Exterior
| Lot Description | See Remarks |
|---|
Additional Information
| Days on Market | 5 |
|---|---|
| Zoning | R-5A |
Listing Details
| Office | KELLER WILLIAMS CITY VIEWS RLT |
|---|