268 Somerset Street

New Brunswick, NJ 08901

$599,000
Price
2,500 / 0.06
Lot Size / Acres

Description

Calling all Builders and Developers, here is a Unique Opportunity to purchase a Fully Approved Commercial Corner Lot in Bustling New 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 Floor consists of 2 BR and 1 BR. Each floor is 1,000 sq ft. On-side parking for 2 vehicles. The only thing you have to do is Apply for the Building Permit.Calling all Builders and Developers, here is a Unique Opportunity to purchase a Fully Approved Commercial Corner Lot in Bustling New 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 Floor consists of 2 BR and 1 BR. Each floor is 1,000 sq ft. On-side parking for 2 vehicles. The only thing you have to do is Apply for the Building Permit.
  1. Listed by Barrington A Nelson • Century 21 Abrams & Associates, Inc.
    P: 7328879523 barynelson@aol.com

Property Details for 268 Somerset Street

Tax ID Number
13-00097-00027
Ownership
Fee Simple
HOA
No
Waterfront
No
Garage
No
Municipality
NEW BRUNSWICK CITY
Central Air
No
Construction Completed
No

Location

Listing Courtesy of Century 21 Abrams & Associates, Inc., Barrington A Nelson
Add your commute
LISTING UPDATED: 04/17/2024 01:38 PM

Property Details for 268 Somerset Street

StatusActive
MLS #NJMX2006248
Days on Market98
Taxes$2,161 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeLand
MLS TypeLand / Fee Simple
Year Built-
Lot Size0.06 AC
CountyMiddlesex County

Location

Listing Courtesy of Century 21 Abrams & Associates, Inc., Barrington A Nelson
Add your commute

Building Information for 268 Somerset Street

Lot Size0.06 AC

Payment Calculator

$3,449 per month

30 year fixed, 7.25% Interest

Principal and Interest

$3,269

Property Taxes

$180

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 268 Somerset Street

Location
Location
  • School District Name: NEW BRUNSWICK SCHOOLS
  • School District County ID: 300200396183
  • SchoolDistrictSource: Listing Agent
  • County: MIDDLESEX
  • MLS Area: New Brunswick City (21213)
Waterfront / Water Access
Waterfront / Water Access
  • Water View: No
  • Water Access: No
  • Water Oriented: No
  • Navigable Water: No
  • Tidal Water: No
  • Riparian Rights Y/N: No
Taxes and Assessment
Taxes and Assessment
  • Tax Year: 2023
  • Tax Assessed Value: $85,000
  • Year Assessed: 2023
  • Improvement Assessed Value: $5,000
  • Clean Green Assessed: No
  • Land Use Code: 0
  • Zoning: C-1
  • Tax Lot: 00027
  • Automatically Update Tax Values Y/N: Yes
  • TaxDataUpdatedYN: No
Lease Information
Lease Information
  • Lease In Effect: No
Lot / Land Information
Farm Information
  • Farm Land Preservation Y/N: No
Lot / Land Information
  • Lot Size Source: Assessor
  • Lot Size Dimensions: 25.00 x 100.00
  • Lot Dimensions Source: Assessor
  • Current Use: Mixed
  • Parcel ID: 2672375
  • Additional Parcels: Yes
Utilities
Utilities
  • Water Source: Public Hook-up Available
  • Sewer Septic: Public Hook/Up Avail
Confidential Data
Listing Office
  • List Agent AOR: Mid Jersey Association of REALTORS

Property History for 268 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 268 Somerset Street

Taxable ValueLand$80,000Additions$5,000Total$85,000
Tax Record2022$2,116 ($176 / month)
Home Facts
Beds0Total Finished SqFt2,997 SqFtAbove Grade Finished SqFt2,997 SqFtStories2Lot Size2,500 SqFtStyleSingle Family ResidenceZoningC-1CountyMIDDLESEXAPN13 00097-0000-00027

Schools near 268 Somerset Street

This home is within New Brunswick Public School District.
Rating
School
Type
Grades
Distance
Public - 5 to 8
Public - PK to 12
Public - K to 5
Public - K to 4
Rating
School
Distance
Lincoln Annex
Public5 to 8

New Brunswick High School
PublicPK to 12

Roosevelt Elementary School
PublicK to 5

Lincoln Elementary School
PublicK to 4

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.

Similar Homes

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Similar Sold Homes

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268 Somerset Street is a 0.06 ac of land for sale in New Brunswick, NJ 08901. This property was listed for sale on February 8, 2024 by Century 21 Abrams & Associates, Inc., it's currently listed at $599,000. It has been on the market for a total of 98 days and was last sold on January 26, 2022. This listing's school district is New Brunswick Public School District. Nearby schools include Lincoln Annex, New Brunswick High School and Roosevelt Elementary School. 268 Somerset Street is a 0-bed, 0-bath, 0.06 ac of land on a 2,500 sq. ft. / 0.06 acres lot.

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. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Century 21 Abrams & Associates, Inc., Barrington A Nelson

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 05/16/2024 03:49 AM © 2024 New Jersey Multiple Listing Service Inc. All rights reserved.