351 Somerset Street

New Brunswick, NJ 08901

$999,999
Price
6
Beds
3
Baths
1
1/2 Bath
Sq. Ft.
/ Sq. Ft.
Sq. Ft.
per Sq. Ft.

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.
  1. Listed by DWIGHT E HATHAWAY • RE/MAX CLASSIC GROUP
  2. Listed by JOHN BENDALL • RE/MAX CLASSIC GROUP

Property Details for 351 Somerset Street

Zoning
5TH
Year Built
2022
Subdivision Name
Brookside Realty Co
LISTING UPDATED: 11/21/2024 05:03 PM

Property Details for 351 Somerset Street

StatusActive
MLS #2560526M
Days on Market42
Taxes$11,049 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income / 2 Family
Year Built2022
Lot Size0.23 AC / 10,001 SF
CountyMiddlesex County

Building Information for 351 Somerset Street

Stories2Residences-Year Built2022Building Size-Lot Size0.23 AC / 10,001 SF

Property Information for 351 Somerset Street

Summary
Location and General Information
  • State Or Province: NJ
Parking
  • Attached Garage: Yes
  • Carport Spaces: 0.0
  • Carport: No
  • Covered Spaces: 4.0
  • Garage Spaces: 4.0
  • Garage: Yes
  • Parking Features: Attached, Detached, 4(+)Car Parking
Owner
  • Ownership: Fee Simple
Taxes and HOA Information
  • Tax Annual Amount: $11,049.00
  • Tax Year: 2023
  • Other Fees: $.00
Virtual Tour
Property
Lot Information
  • Building Area Total: 0.0
  • Living Area: 0.0
  • Living Area Units: Square Feet
  • Lot Features: Level
  • Lot Size Acres: 0.2296
  • Lot Size Area: 0.2296
  • Lot Size Dimensions: 50X200
  • Lot Size Square Feet: 10001.0
Property and Assessments
  • Water Source: Public
  • Parcel Number: 130041300000000701
  • Photos Count: 29
Utilities
  • Sewer: Public Sewer
  • Utilities: Electricity Connected, Natural Gas Connected
Interior and Exterior Features
Interior Features
  • Cooling: A/C Central - All, Unit 1(A/C Central), Unit 2(A/C Unit)
  • Gas: Natural Gas
  • Heating: Heat Pump, Zoned, Steam
  • Heating: Yes
  • Interior Features: Unit 1(2 Bedrooms,2+ Baths,Kitchen,Laundry Hookup,Living Room,See Remarks), Unit 2(1 1/2 Baths,3 Bedrooms,Dining Room,Kitchen,Laundry Hookup,Living Room,See Remarks)
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 2
  • Postal Code: 08901
  • Bathrooms Full: 3
  • Bathrooms Half: 1
  • Bathrooms Total: 4
  • Bedrooms Total: 6
  • Basement: Full, Laundry Facilities
  • Bathrooms Total: 4
  • Appliances: Water Heater(Gas), Water Heater, Unit 1(Dryer,Range/Oven,Refrigerator,Washer), Unit 2(Dryer,Range/Oven,Refrigerator,Washer)
  • # Heat Systems: 2
Exterior Features
  • Service: Garbage Included In Tax
  • Exterior Features: Deck, Patio, Porch(es) - Enclosed
  • Patio And Porch Features: Deck, Patio, Enclosed
  • Roof: Asphalt
  • Stories: 3
  • Stories Total: 3

Property History for 351 Somerset Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

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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351 Somerset Street is a multi-family home for sale in New Brunswick, NJ 08901. This property was listed for sale on October 19, 2024 by RE/MAX CLASSIC GROUP, it's currently listed at $999,999. It has been on the market for a total of 42 days and was last sold on November 9, 2022. This listing's school district is New Brunswick Public School District. Nearby schools include Blanquita B. Valenti Community School, New Brunswick High School and A. Chester Redshaw Elementary School. 351 Somerset Street is a 6-bed, 3.5-bath, multi-family home built in 2022.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of RE/MAX CLASSIC GROUP, DWIGHT E HATHAWAY; RE/MAX CLASSIC GROUP, JOHN BENDALL

The data relating to the real estate for sale on this website comes in part from the Internet Data Exchange Program of the NJMLS. Real estate listings held by brokerage firms other than (insert office name) aremarked with the Internet Data Exchange logo and information about them includes the name of the listing brokers. Some properties listed with the participating brokers do not appear on this website at the request of the seller. Listings of brokers that do not participate in Internet Data Exchange do not appear on this website. All information deemed reliable but not guaranteed. Last date updated: 12/21/2024 09:18 PM. Source: New Jersey Multiple Listing Service, Inc. © 2024 New Jersey Multiple Listing Service, Inc. All rights. The data relating to the real estate for sale and sold listing information on this website comes from the New Jersey Multiple Listing Service, Inc. Virtual Office Website (VOW) program. This website may not include listings or property addresses of sellers who have directed their listing brokers to withhold their listing or their property address from display on the Internet. Sold listings may have been listed and/or sold by a real estate brokerage other than (insert office name). All information deemed reliable but not guaranteed. NLMLS makes no representation or warranty regarding the accuracy of the data. This data and information is protected under federal copyright laws which prohibit the unauthorized copying or alternation of all or any part of copyrighted materials, including certain compilations of data and information. Copyright violators may be subject to severe fines and penalties under federal law. Source: New Jersey Multiple Listing Service Inc. Last date updated: 12/21/2024 09:18 PM © 2024 New Jersey Multiple Listing Service Inc. All rights reserved.