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$462,500
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Property 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.
Full Property Details
Full Property Details for 268 Somerset St
General
- Sold For: $462,500
- Taxes: $2,161 (2023)
- Status: Closed
- Type: Lots/Land
- Source: BrightMLSTriStates
- MLS ID: NJMX2006248
- Added to Site: 710 day(s) ago
Location
- Area: New Brunswick City (21213)
- Municipality: NEW BRUNSWICK CITY
- County: MIDDLESEX
- Driving Directions: per gps
School Information
- School District: New Brunswick Schools
Utilities
- Sewer: Public Hook/Up Avail
- Water: Public Hook-up Available
Structural Information
- Current Bldg. Use: Mixed
Lot Features
- Lot Size (Acres): 0.06
- Lot Size (Sq. Ft.): 2,500
- Lot Size Source: Assessor
- Lot Dimensions: 25.00 x 100.00
- Zoning: C-1
Financial Considerations
- Price Per Sq. Ft.: $239.6
- Assessment Year: 2023
- Tax w/Assessment: $85,000
- Tax Amount: $2,161
- Tax Year: 2023
Disclosures and Reports
- Ownership: Fee Simple
- Permits: Cost To Obtain
- Lot Number: 27
Listed and Sold by Century 21 Abrams & Associates, Inc., Barrington A Nelson
Get Pre-Approved Today
Schools
Schools serving 268 Somerset St
School District:New Brunswick City School District
| Name | Grades | Distance |
|---|---|---|
New Brunswick High School 1000 Somerset Street, New Brunswick, NJ 08901 | 9-12 | 1.6 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 268 Somerset St
Date
Details
Price
Change
Source
11/12/2025
Sold
$462,500
-22.79%
MLS
3/23/2024
Price Reduced
$599,000
-21.7%
MLS
2/08/2024
Listed
$765,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
268 Somerset Street, New Brunswick, NJ 08901 (MLS# NJMX2006248) is a Lots/Land property that was sold at $462,500 on November 12, 2025. Want to learn more about 268 Somerset Street? Do you have questions about finding other Lots/Land real estate for sale in New Brunswick? You can browse all New Brunswick real estate or contact a Coldwell Banker agent to request more information.

