238 Somerset Street, New Brunswick, NJ 08901
Listing Courtesy of TVERDOV HOUSING
$615,000
Potential Rebate: $9,225
Overview
Here is an opportunity to own a 2 family home with value add upside in the heart of Ward 5 of New Brunswick! Located blocks from the ever expanding Robert Wood Johnson Hospital, this property is ready for its next owner to update and own a great rental property for years to come! Apt 1 is 3 bedrooms and 1 bath legal for 4 people, Apt 2 is 5 bedrooms 1 bath legal for 7 people! Huge house! Tenants are currently month to month paying $1700 and $1900. This house is being sold as-is, seller will not entertain any credits. Buyer to be responsible for CO inspection from town. 24 hours notice required to show. Setup your tour today!
Home Features
- •Radiant
- •Radiators-Hot Water
- •Water Heater(Gas)
- •Water Heater
- •Full
- •Storage Space
- •Unit 1(3 Bedrooms,Kitchen,1 Bath,Living Room)
- •Unit 2(Kitchen,5+ Bedrooms,1 Bath,Living Room)
Building Amenities
- •Unit 1 Owner Pays(See Remarks)
- •Unit 2 Owner Pays(See Remarks)
Estimated Monthly Payment
$3,553 per month
30 year fixed, 6.28% Interest
Estimated Rebate for this Home
One-time rebate at closing
$9,225
Monthly savings impact
$26/mo
Effective Purchase Price
$605,775
(Home Price - Estimated Rebate)
💡 Estimated rebate from our commission
The rebate is paid to you at closing and can help offset closing costs or other expenses.
Calculator Disclaimer: Commission structures vary by property, developer, and transaction. Resale properties typically offer around 3% buyer-side commission, and new developments around 5%, but this is not guaranteed. New developments are often open to negotiation, and each property and transaction is unique. Rebate amounts shown are estimates only. Please confirm commission terms and rebate eligibility with Regis Roumila for the specific property you are interested in. This information is not provided by the Real Estate Board of New York (REBNY).
Listing data is provided in part from the Internet Listing Display (ILD) database of the All Jersey Multiple Listing System, Inc. (AJMLS). Listings held by brokerage firms other than the site owner are identified accordingly. AJMLS does not warrant the accuracy, quality, reliability, completeness, or usefulness of the information provided. Data is for consumers’ personal, non-commercial use only and may be used solely to identify properties consumers may be interested in purchasing or renting. © 2026 All Jersey Multiple Listing System, Inc. All rights reserved.
The Real Estate Rebate Team
Listing Courtesy of TVERDOV HOUSING
Data Source: AJMLS #2603022R
Why Buy With Us
Rebates Up To
2.5%
25+ Years
Experience
REBNY & NAR
Member
Verified
Listings
Listing data is provided in part from the Internet Listing Display (ILD) database of the All Jersey Multiple Listing System, Inc. (AJMLS). Listings held by brokerage firms other than the site owner are identified accordingly. AJMLS does not warrant the accuracy, quality, reliability, completeness, or usefulness of the information provided. Data is for consumers’ personal, non-commercial use only and may be used solely to identify properties consumers may be interested in purchasing or renting. © 2026 All Jersey Multiple Listing System, Inc. All rights reserved.
The Real Estate Rebate Team
Listing Courtesy of TVERDOV HOUSING
Data Source: AJMLS #2603022R
Price Analysis
Compare average listing prices and value metrics for 238 Somerset Street, New Brunswick, NJ 08901 against the surrounding New Brunswick City market.
Average List Price
Price Per SqFt
Insufficient size data available to calculate Price Per SqFt comparisons for this specific selection.
141.70% Higher
than the New Brunswick City price average
This this home commands a premium compared to the neighborhood baseline. This typically indicates superior amenities, newer construction, or prime positioning within New Brunswick City.
