1 month on rocket

264 Somerset St, New Brunswick, NJ, 08901

$365,000

Home List Price

$4,334*

Closing Credit

0 Baths
1,424 SqFt
$256/SqFt
Multi

Location

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264 Somerset St, New Brunswick$365,000

Buyer Closing Credits

$4,334*

1.25% Loan Amount

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Property Highlights

Home TypeMulti Family
Parking1-2 Car Parking, On Street
Year Built1912
HeatingRadiant
CoolingCeiling Fan(s)
MLS #2504563R
Lot Size0.06 Acres
StatusActive

About 264 Somerset St

This duplex in New Brunswick, NJ offers a fantastic opportunity for buyers looking to customize a property in a great location. The home features 4 bedrooms, 2 bathrooms, and 1,424 square feet of living space. Built in 1912, the property is fully vacant and ready for a new owner to bring their vision to life. Located just a few blocks away from Robert Wood Johnson Hospital, it provides easy access to schools, shopping, dining, and public transportation.The property includes separate utilities for each unit and off-street parking. While the roof will need to be replaced, the second-floor unit is in good condition and includes added laundry facilities. The first-floor unit offers a blank canvas for renovations, making this property perfect for someone looking to create a customized living space or rental property. Additionally, the property is not located in a flood zone, adding peace of mind.This vacant property is ready for immediate occupancy or renovation, with endless potential for updates and improvements. Whether you're seeking a multi-generational home or a rental income property, this property has the flexibility to meet your needs. The home features radiator heating fueled by natural gas, window AC units, public water, and sewer.Don't miss out on this opportunity to make this property your own in a prime New Brunswick location.

Property Details

Property Features

Property Information:

  • Year Built: 1912
  • Stories: 2
  • Living Area: 1,424 SqFt

Listing Office:

  • Office Name: RE/MAX SELECT

Interior Features

Interior Information:

  • Interior: Unit 1(2 Bedrooms, 1 Bath), Unit 2(2 Bedrooms, 1 Bath)

Exterior Features

Exterior Information:

  • Exterior: Porch(es) - Open, Fencing/Wall

Parking Information:

  • Parking: 1-2 Car Parking, On Street

Virtual/3D Tour

  • Virtual Tour: 264 Somerset St
Virtual Tour

Lot Features

Lot Information:

  • Lot: Interior Lot
  • Lot Size: 0.06 Acres

Utilities

Utilities Information:

  • Heating: Radiant
  • Cooling: Ceiling Fan(s)

Price Information

Listing Price Info

Price Summary:

  • List Price: $365,000
  • Price Per SqFt: $256/SqFt

Tax Information:

  • Annual Amount: $3,471
  • Tax Year: 2020
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Housing Market Comparison

See how this home compares to others in New Brunswick, NJ.

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New Brunswick, NJ

City

Med. Sold Price

$411K

Med. Price/SqFt

$314

Avg. Days On Market

21

# of Sold Homes

10

264 Somerset St vs New Brunswick

53 DAYS ON ROCKET

+32 Days

$365,000

-$46K Less

$256/SqFt

-$59 Less

KEY TAKEAWAY

This property is $46K less than the Median Sold Price and $59/SqFt less than other homes in New Brunswick, NJ.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: CJMLS API
  • MLS Number: #2504563R

Listing Office:

  • Office Name: RE/MAX SELECT

IDX The data relating to real estate for sale on this web-site comes in part from the Internet Listing Display database of the CENTRAL JERSEY MULTIPLE LISTING SYSTEM. Real estate listings held by brokerage firms other than this site-owner are marked with the ILD logo. The CENTRAL JERSEY MULTIPLE LISTING SYSTEM does not warrant the accuracy, quality, reliability, suitability, completeness, usefulness or effectiveness of any information provided. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify properties the consumer may be interested in purchasing or renting. Copyright 2024, CENTRAL JERSEY MULTIPLE LISTING SYSTEM. All Rights Reserved. The CENTRAL JERSEY MULTIPLE LISTING SYSTEM retains all rights, title and interest in and to its trademarks, service marks and copyrighted material.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 12/3/2024, 1:20:48 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2020$3,471$188,000
2019$4,451$188,000
2018$4,452$188,000
2017$4,275$188,000

History based on county public records data.

Payment Calculator

$1,889

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,161

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-3505610
2
/10

  • Roosevelt Elemmentary School

  • 83 Livingston Ave

  • 0.44 miles

  • Public District Grades KG-5

school-card-donut-3505611
2
/10

  • Lincoln Elemmentary School

  • 66 Bartlett St

  • 0.48 miles

  • Public District Grades KG-3

school-card-donut-3505612
2
/10

  • A.C. Redshaw Elemmentary School

  • 216 Livingston Ave

  • 0.57 miles

  • Public District Grades PK-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $50,682. Typical income of New Brunswick, NJ residents is between $35k-100k annually. Residents typically live in single, no kids family. Typical level of education for residents in this area is high school diploma.

All data provided by Home Junction and Claritas

Rocket Homes›New Jersey›Middlesex County›New Brunswick›08901›264 Somerset St

This home is located at 264 Somerset St in New Brunswick, NJ and zip code 08901. This 1,424 square foot home, which was built in 1912, sits on a 0.06 acre lot. It has been listed on Rocket Homes since October 10, 2024 and is currently priced at $365,000.

New Brunswick, NJ housing market in November 2024 saw over 5 listings sold above listed price, more than 2 sold at listed price and over 3 sold below. The median list price of listings available in November 2024 was $411,000, while the average time on the real estate market was 21 days.

From Rocket Homes Real Estate and based on county public records data.

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