Under Contract

267 Townsend Street

New Brunswick, NJ 08901
Mark as Favorite
Bed 6

Bed

Bath 2

Bath

SqFt2,084

Sqft

Acres0.07

Acre(Lot)

Welcome to 267 Townsend Ave in New Brunswick, an incredible opportunity to own a well-maintained two-family property with strong income potential and flexible living options. This property is perfect for an owner-occupant looking to live in one unit while renting the other, or for an investor seeking a reliable income-producing asset in one of Middlesex County's most active rental markets. Each unit features a spacious layout with 3 bedrooms and 1 full bathroom, providing comfortable living space that tenants appreciate. Both apartments were updated in 2023, and the kitchens were refreshed in 2024, offering a more modern feel while maintaining the home's durability and functionality. The property currently generates $4,400 per month in rental income, with Unit 1 renting for $2,650 and Un it 2 renting for $2,650. Tenants are responsible for all utilities, including water, which helps keep owner expenses low and improves overall investment performance. The leases are currently month-to-month, offering flexibility for buyers, with tenants requiring a 90-day notice to relocate or begin new lease terms. Several important improvements have been made over the years, including new windows and new coil trim around the windows and fascia, updated electrical meters in 2007, and a sewer line replacement from the home to the street completed in 2009. The furnace is approximately 10+ years old, the water heater is approximately 5+ years old, and the roof is approximately 15+ years old. As an added incentive, the seller is offering a $10,000 seller concession which can be used toward closing costs, rate buy-downs, or potential upgrades, creating additional value for the next owner. Conveniently located near Rutgers University, major hospitals, downtown New Brunswick, shopping, dining, and transportation, this property offers excellent accessibility and consistent rental demand. Whether you are looking to build wealth through real estate investing or secure a home with built-in income potential, 267 Townsend Ave presents a fantastic opportunity. This location is within 9 minutes of the Rutgers Bus Stop on the corner of Geroge and New Street. Showings start 3/16/26.

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Detail Ic Property Details

Property Type : Residential Income

Price : $649,900

AD Id : 76076113

MLS Id : 2661432M

Beds : 6

Lot Size : 0.07 Acre

Living Area Size : 2,084

Year Built : 1920

County : Middlesex

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Feature Features

  • Bedroom Information

    Total beds: 6

    Bathroom Information

    Total Baths: 2 Full Baths: 2

    Room Information

    Rooms Total: 8 Has Basement: Yes Basement: Full
  • Roofing Information

    Asphalt
  • Interior Features

    Roof: Asphalt Appliances: Gas Water Heater, Water Heater
  • Heating & Cooling

    Has Heating: Yes Heating: Forced Air Has Cooling: Yes Cooling: Window Unit(s)

  • Building Information

    Year Built: 1920 Building Area Total: 2084 Construction Materials: Vinyl Siding Stories: 2 Private Pool: No

  • Lot Information

    Lot Dimensions: 30X100 Main Square Feet: 0.0689 Acres Lot Size Acres: 0.0689 Lot Size Square Feet: 3001 Lot Description: Near Public Transit

  • Listing Price Information

    Listing Price: $649900

  • Tax Information

    Parcel Number: 130014800000001201 Tax Lot: 12.01 Tax Block: 148 Tax Year: 2025 Annual Tax: $8115

  • Utility Information

    Underground Utilities, Natural Gas Available
  • Location Information

    WaterSource: Public
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Nearby Home Value

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15 S Ward Street, New Brunswick, NJ, 08901 $515,000 4 2 1,760 1,760 SqFt
65 Hale Street, New Brunswick, NJ, 08901 $649,900 -- 2 2,346 2,346 SqFt
75 Delavan Street, New Brunswick, NJ, 08901 $350,000 -- 4 3,066 3,066 SqFt
181 Redmond Street, New Brunswick, NJ, 08901 $450,000 -- 2 --
168 Throop Avenue, New Brunswick, NJ, 08901 $800,000 -- 3 2,235 2,235 SqFt
378 George Street, New Brunswick, NJ, 08901 $2,495,000 -- 5 6,120 6,120 SqFt
183 Seaman Street, New Brunswick, NJ, 08901 $580,000 -- 2 1,928 1,928 SqFt
135 Baldwin Street, New Brunswick, NJ, 08901 $519,000 -- 2 2,184 2,184 SqFt
187 Hale Street, New Brunswick, NJ, 08901 $500,000 -- -- 1,248 1,248 SqFt

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ByOwner last updated this listing 06/21/2026 @ 21:06

MLS: 2661432M LISTED BY: BINA PATEL, HALO REALTY SOURCE: Central Jersey MLS

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