$1,000,000

260 Somerset St New Brunswick, NJ 08901

$10,000
Closing credit¹
0 beds
3,480 sqft
0.1 acres
$287 / sqft
Multi-Family

Property details

About 260 Somerset St

Great Investment Opportunity close to Rutgers College Ave and Robert Wood Johnson Hospital! Fully rented through May 2026. Currently collecting $7650 per month. Starting in June, the property will achieve $7900 per month. Tenants pay all utilities. Large 50x100 lot size in a commercial C-1 zone. House was built in 2005.

Highlights

Home typeMulti Family
HeatingOther, Forced Air
StatusActive
CoolingOther
Size3,480 sqft
Lot size0.1148 Acres
Year built2005
Parking4(+)Car Parking
MLS #2509367R

Virtual tour

Summary

  • MLS Number: 2509367R
  • MLS Name: CJMLS API
  • Office Name: KELLER WILLIAMS ELITE REALTORS

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 2025, 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: 2/22/2025, 8:20:48 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

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view of front facade

$1,000,000

260 Somerset St

$10,000

closing credit¹

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Seller rebate

0.5% sale price²

Price information

Property sales

DateEventPrice
Dec 01, 2014
Home Sold
$977,550
Jun 02, 1997
Home Sold
$102,000

Tax history

YearAssessmentProperty Tax
2024$804,800$20,466
2022$804,800$20,031
2021$968,800$19,950
2020$968,800$23,474
2019$968,800$22,941

History based on county public records data.

Nearby schools

2

Roosevelt Elemmentary School

Public District KG-5

0.4 mi

83 Livingston Ave

2

Lincoln Elemmentary School

Public District KG-3

0.5 mi

66 Bartlett St

2

A.C. Redshaw Elemmentary School

Public District PK-5

0.6 mi

216 Livingston Ave

School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.

All data from GreatSchools

Neighborhood

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. The most common type of family is single, no kids. Typical level of education for residents in this area is high school diploma.

How much money do the neighbors make?

34%
<35k
44%
35k-100k
21%
100k-200k
1%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree
Masters Degree

What types of families live nearby?

48%
Single, No Kids
22%
Single, with Kids
7%
Married, No Kids
23%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

14%
<11 yrs old
5%
12-17 yrs old
63%
18-34 yrs old
16%
35-64 yrs old
2%
65+ yrs old

What do the neighbors do for fun?

  • SoccerSoccer
  • Pro BoxingPro Boxing
  • Continuing Education CoursesContinuing Education Courses

Where do the neighbors shop?

  • Forever 21Forever 21
  • BurlingtonBurlington
  • Express/Express For MenExpress/Express For Men

Where do the neighbors go to eat?

  • Dominos PizzaDominos Pizza
  • PopeyesPopeyes
  • QdobaQdoba

What do the neighbors drive?

  • MazdaMazda
  • DodgeDodge
  • VolkswagenVolkswagen

What do the neighbors listen to?

  • Rhythmic Contemporary HitsRhythmic Contemporary Hits
  • Urban ContemporaryUrban Contemporary
  • Adult HitsAdult Hits
All data provided by Home Junction and Claritas

Similar homes for sale

This home is located at 260 Somerset St in New Brunswick, NJ and zip code 08901. This 3,480 square foot home, which was built in 2005, sits on a 0.11 acre lot. Features: 0 bedroom, 0 bathroom. It has been listed on Rocket Homes since February 18, 2025 and is currently priced at $1,000,000.

While more than 5 listings in New Brunswick, NJ in January 2025 were sold above asking price, there were more than 2 listings sold at asking price, and more than 4 were sold below. Between December and January 2025, New Brunswick, NJ real estate market has seen increase in the number of listings by 11.4%. In January 2025 median list price was $422,500 and the average listing age was 28 days.

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

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