351 Somerset Street
$999,999
6
3
1
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Description
Fabulous two-unit investment property on oversized lot certified by the city to accommodate 13 individuals (8 in the front house and 5 in the back house). First thing to know is there are 2 separate, self-sufficient buildings on this lot. The back building, built in 2022, is certified for 5 occupants. Unit B is over 4 car garages. 2 of them have 10 ft high doors and are heated and cooled. This is perfect for additional rental income, work space or temperature controlled storage income. The second...Fabulous two-unit investment property on oversized lot certified by the city to accommodate 13 individuals (8 in the front house and 5 in the back house). First thing to know is there are 2 separate, self-sufficient buildings on this lot. The back building, built in 2022, is certified for 5 occupants. Unit B is over 4 car garages. 2 of them have 10 ft high doors and are heated and cooled. This is perfect for additional rental income, work space or temperature controlled storage income. The second floor has a beautiful self-sufficient 2 bed 2 bath apartment. This unit faces a large back yard surrounded by a paver driveway and patio with outdoor furniture. The second floor also offers a deck off the living room and gas fireplace. Unit A in the front is also self-sufficient and is certified for 8 occupants. It has 4 bedrooms, a full basement, enclosed porch. This property has been owner occupied for many many years and is very well maintained. This is perfect for an owner occupant who can live in one unit and rent the other, multi-generational living or students. Also, there is plenty of off-street parking which is high demand. Additional rental income from the garages is a huge plus. This property is not registered with New Brunswick Rent Control, so you set the rents you feel the market will support.
- Listed by DWIGHT E HATHAWAY • RE/MAX CLASSIC GROUP
- Listed by JOHN BENDALL • RE/MAX CLASSIC GROUP
Property Details for 351 Somerset Street
Zoning
5TH
Year Built2022
Subdivision NameBrookside Realty Co
LISTING UPDATED: 11/21/2024 05:03 PM
Property Details for 351 Somerset Street
Status | Active |
---|---|
MLS # | 2560526M |
Days on Market | 42 |
Taxes | $11,049 / year |
HOA Fees | - |
Condo/Co-op Fees | - |
Compass Type | Multi Family |
MLS Type | Residential Income / 2 Family |
Year Built | 2022 |
Lot Size | 0.23 AC / 10,001 SF |
County | Middlesex County |
Building Information for 351 Somerset Street
Stories2Residences-Year Built2022Building Size-Lot Size0.23 AC / 10,001 SF
Property Information for 351 Somerset Street
Property History for 351 Somerset Street
Date | Event & Source | Price | Appreciation |
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Date | Event & Source | Price |
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For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Public Records for 351 Somerset Street
Taxable ValueLand$174,600Additions$259,900Total$434,500
Tax Record2022$10,815 ($901 / month)
Home Facts
Total Finished SqFt1,782 SqFtAbove Grade Finished SqFt1,782 SqFtStories2Lot Size10,000 SqFtStyleDuplexYear Built1932ZoningR-5ACountyMIDDLESEXAPN13 00413-0000-00007- 01
Schools near 351 Somerset Street
This home is within New Brunswick Public School District.
Rating | School | Type | Grades | Distance |
---|---|---|---|---|
Public - | 4 to 8 | |||
Public - | 9 to 12 | |||
Public - | PK to 5 | |||
Public - | K to 5 |
Rating | School | Distance |
---|---|---|
Blanquita B. Valenti Community School Public4 to 8 | ||
New Brunswick High School Public9 to 12 | ||
A. Chester Redshaw Elementary School PublicPK to 5 | ||
Livingston Elementary School PublicK to 5 |
School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.
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