CCertihomes
259 Hale Street, New Brunswick, NJ 08901

$399,000

0 beds 0 baths 2,044 sqft Built 192054 days on marketActive

About this home

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.

Affordability — calculate your monthly payment

Adjust your budget to see what's left after housing, utilities and transportation. Numbers below assume a 5% down, 30YrFixed at 7.19% APR.

Your estimated payment
$3,956/mo

Real estate (PITI + HOA + PMI)
$3,581
Principal + interest$2,570
Property tax + insurance$861
PMI / 2nd mortgage$150
Utilities
$599
Heating + cooling$145
Internet + TV + phone$143
Water + sewer + garbage$58
Transportation
$129
Car insurance + maintenance$129
Other (entertainment)
$143
$3,956/mo TLC
Budget$5,000/mo
Remaining after TLC$1,044/mo
Purchase price
$399,000
Down payment
$19,950 (5%)
Loan amount
$379,050
APR
7.19%

Quick facts

Type
2 Family
Style
Year built
1920
Lot size
0.0574 ac
Stories
3
Heating
Zoned
Cooling
A/C Central - All, Unit 1(A/C Central), Unit 2(A/C Central)
Water
Public
HOA
Annual tax
$5,025
MLS #
2612452R
County
Middlesex

At a glance

Basement

Home features

Appliances
Water Heater(Gas)Water HeaterUnit 1(Range/OvenRefrigeratorWasher)Unit 2(Range/OvenRefrigeratorWasher)
Interior
Unit 1(Dining Room2 BedroomsKitchen1 BathLiving Room)Unit 2(Dining Room2 BedroomsKitchen1 BathLiving Room)
Sewer
Public Sewer
Ownership
Fee Simple

Lot features

See Remarks

Neighborhood — 08901

MetricThis ZIPCountyUSA
Population49,8348,832,837299,088,112
Population Change Since199019.00%14.00%20.00%
Population Density7,9341,137
Male24,9534,307,827147,432,321
Female24,8814,525,010151,655,844
Never Married22,9711,965,81163,775,926
Married8,7313,647,435123,120,365
Separated5,376391,23912,639,686
Widowed1,261515,17215,467,586
Divorced2,527529,39323,075,029
Number Of House Hold13,5193,167,345111,826,380
Average House Hold Size3.212.732.60
Medial Age24.6137.1535.46
Median House Hold Income$41,853$63,392$48,276
Average House Hold Income$58,306$83,312$63,629
P C I$19,187$30,662$24,529
M D I$36,349$52,505$41,133
A T H E$48,230$61,369$50,898
S T R7.00%7.00%
W C J83.09%81.02%77.74%
(Zip) Code
8901

Data via Certihomes neighborhood index. Comparisons across this ZIP, county and the United States.

Map & walkability

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Central Jersey Multiple Listing System, INC

Listing information last refreshed 3/19/2026. Provided courtesy of KELLER WILLIAMS CITY VIEWS RLT via Central Jersey Multiple Listing System, INC. Information deemed reliable but not guaranteed.

259 Hale Street · New Brunswick — $399,000 · Certihomes