-267 Townsend Street, New Brunswick, NJ 08901
Local realty services provided by:CENTURY 21 Charles Smith Agency, Inc.
Office: halo realty
MLS#:2661432M
Source:NJ_MCMLS
Price summary
- Price:$649,900
About this home
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 $2,200 and Unit 2 renting for $2,200. 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....
Contact an agent
Home facts
- Year built:1920
- Listing ID #:2661432M
- Added:2 day(s) ago
- Updated:March 14, 2026 at 03:07 PM
Rooms and interior
- Bedrooms:6
- Total bathrooms:2
- Full bathrooms:2
- Rooms Total:8
- Kitchen Description:Kitchen
- Basement Description:Full, Utility Room
Heating and cooling
- Cooling:A/C Window Unit(s)
- Heating:Forced Air
Structure and exterior
- Roof:Asphalt
- Year built:1920
- Lot Features:Near Public Transit, Near Shopping, Near Train
- Levels:2 Story
Utilities
- Water:Public
- Sewer:Public Sewer
Finances and disclosures
- Price:$649,900
- Tax amount:$8,115
Features and amenities
- Appliances:Water Heater
New listings near -267 Townsend Street
- Coming Soon
$529,000Coming Soon2 beds 3 baths1 1902 Spring St #1902, New Brunswick City, NJ 08901
MLS# 4014476Listed by: RE/MAX INNOVATION - New
$369,000Active3 beds 2 baths980 sq. ft.-45 Oliver Avenue, New Brunswick, NJ 08901
MLS# 2612117RListed by: RE/MAX 1ST ADVANTAGE - Open Sun, 11am to 3pmNew
$639,990Active2 beds 2 baths1,004 sq. ft.-915 E District Boulevard, East Brunswick, NJ 08901
MLS# 2612139RListed by: PULTE COMMUNITIES NJ LIMITED - Coming Soon
$419,900Coming Soon3 beds 1 baths-182 Fulton Street, New Brunswick, NJ 08901
MLS# 2612041RListed by: REDSTONE REALTY LLC - Open Sun, 1 to 3pmNew
$580,000Active4 beds 2 baths1,318 sq. ft.-12 N Pennington Road N, New Brunswick, NJ 08901
MLS# 2612015RListed by: LEGACY REALTY GROUP - New
$369,900Active3 beds 2 baths1,387 sq. ft.1332 Fernwood Ct, NEW BRUNSWICK, NJ 08901
MLS# NJMX2011484Listed by: KELLER WILLIAMS REALTY - MARLTON - New
$399,000Active2 beds 2 baths1,386 sq. ft.-8 Neilson Street #G, New Brunswick, NJ 08901
MLS# 2611910RListed by: RE/MAX PREMIER - Open Sun, 1 to 3pmNew
$369,000Active2 beds 2 baths-92 Paul Robeson Boulevard, New Brunswick, NJ 08901
MLS# 2611863RListed by: WEICHERT CO REALTORS - New
$480,000Active3 beds 1 baths996 sq. ft.59 Seaman Street, New Brunswick, NJ 08901
MLS# 22605843Listed by: HOMESMART FIRST ADVANTAGE