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$599,000   Price Analysis
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268 Somerset St
New Brunswick, NJ 08901
Unknown bed 0 bath unknown SqFt ($0/SqFt)
2,500SqFt lot.
Listed 2024-02-08, Taxes $2,161		Ⓧ USDA Ineligible
due to property
near New Brunswick

Calling all Builders and Developers

Here is a Unique Opportunity to purchase a Fully Approved Commercial Corner Lot in Bustling Contemporary Brunswick consisting of 3 Units and a full Basement. First Floor can be Professional Office or Restaurant, Second Floor consists or 2 BR and 1 Bath, Third Flor consists of 2 BR a nd 1 BR.

Each floor is 1, 000 sq ft. On-side parking for 2 vehicles. The thing you have to do is Apply for the Building Permit.


Presented by Barrington Nelson at
CENTURY 21 Abrams & Associates.
Listing Agent Photo

Property MLS #NJMX2006248 from BrightMLS

Lot Size Acres: 0.0573921
Lot Size Square Feet: 2499

Association: No
Calculated Total Monthly Association Fees: 0

School District: NEW BRUNSWICK SCHOOLS

New Brunswick High School is a public high school located approximately 1.6 miles away.
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St. Peter the Apostle High School is a private high school located approximately 0.3 miles away.
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Roosevelt Elementary School is a public elementary school located approximately 0.5 miles away.
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Paul Robeson Community Elementary School is a public elementary and middle school located approximately 0.9 miles away.
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Annual Tax Amount: 2161.0
Source Listing Status: Active
County: MIDDLESEX
Current Use: Mixed
Ownership: Fee Simple
Source Property Type: Land
Area: MIDDLESEX
Source Neighborhood: MIDDLESEX
Township: NEW BRUNSWICK CITY
Property Subtype: Land
Source System Name: C2C

YearAssessments
Building + Land
Total		Tax
2023$5,000 + $80,000
$85,000		$2,161
2022$5,000 + $80,000
$85,000		$2,115
2021$5,000 + $80,000
$85,000		$2,107
2020$5,000 + $80,000
$85,000		$2,099
2019$5,000 + $80,000
$85,000		$2,059
2018$5,000 + $80,000
$85,000		$2,012
2017$121,100 + $87,500
$208,600		$4,743
2016$40,000 + $25,000
$65,000		$3,812
2015$40,000 + $25,000
$65,000		$3,721
2014$40,000 + $25,000
$65,000		$3,655
2013$40,000 + $25,000
$65,000		$3,626
2012$40,000 + $25,000
$65,000		$3,558
2011$129,600 + $25,000
$154,600		$8,244
2009$129,600 + $25,000
$154,600		$7,771
2008$129,600 + $25,000
$154,600		$7,550
2007$129,600 + $25,000
$154,600		$7,065

Price Changed 2024-03-23
$599,000
BrightMLS
Listed 2024-02-08
$765,000
BrightMLS
Sold 2022-01-26
$350
CJMLS
Listing removed 2021-04-30
$0
CJMLS
Price Changed 2021-01-11
$379,000
CJMLS
Price Changed 2020-10-07
$399,000
CJMLS
Listed 2020-08-28
$475,000
CJMLS
Sold 1981-01-01
$44,000
Public Record
Sold 1970-06-01
$24,750
Public Record

The property loan eligibility may be subject to additional requirements beyond geographical location including but not limited to the condition of the property. Speak with a real estate professional to find out more about the eligibility of a specific property.