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Duplex Rebuild with Approved Plans
For Sale
$349,000

259 Hale Street New, New Brunswick, NJ 08901

Partially framed structure supports a planned two-unit residential layout with basement and attic storage.

Property SizeContact for details
Days on Market40

Property Features for 259 Hale Street New

General Information

Standard status Active
Property subtype Multi-Family

Additional Details

Multifamily Units 2
Listing Agency: KELLER WILLIAMS CITY VIEWS REALTY
Listed By: Jonathan Cardona · License #1865279
Source: Kw
Added: Sep 4 Changed: Oct 11 Last Checked: Oct 12 at 6:29PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of KELLER WILLIAMS CITY VIEWS REALTY

Investment Insights

Based on property information with market context.

Approved plans call for rebuilding a two-family property with 2 bedrooms and 1 full bathroom in each unit, totaling 4 beds and 2 baths. The existing foundation remains in place, while partial first-floor framing has been completed. The planned residence also includes a full walkout basement and attic storage.

The property is near Robert Wood Johnson University Hospital, Rutgers University, transportation, and shopping. Its location and approved redevelopment plan support a residential income property configuration, subject to the approved plans and applicable requirements.

Key Highlights

  • Approved plans for a two‑family property
  • Planned layout includes 2 bedrooms and 1 full bathroom per unit
  • 4 beds / 2 baths total

Property Analytics

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Current Use

Duplexes

Suggested Use

Top Pick Acupuncture (Bike/Boat/Book/etc) Store Veterinary Clinic Nursing Home Locksmith Arcade & Gaming Center

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

2
Residential units

Location Intelligence

Trade Area within ½ mile

4,156
Businesses Nearby

Demographics for 08901, NJ

56,278
Population
17,071
Households
3.3
Avg Household Size
27
Median Age
24%
College-Educated
66%
High-School Grad
6.3 sq mi
ZIP Area
8,933
Density / Sq Mi
$60,248
Median Household Income
$25,192
Median Earnings
$1,790
Median Rent
$316,800
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Duplex - Partially framed structure supports a planned two-unit residential layout with basement and attic storage.
Where is this duplex located?
The property is located at 259 Hale Street New New Brunswick, NJ.
What is the asking price?
The asking price for this property is $349,000.
What are key features of this property?
This property features: Approved plans for a two‑family property; Planned layout includes 2 bedrooms and 1 full bathroom per unit; 4 beds / 2 baths total
More about this property
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