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Michael Ades

[email protected] +1(732) 245-7060

$ 625,000

Est. payment -/mo

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Price Dropped by $25K

40 Throop Avenue New Brunswick, NJ 08901

5 Beds

2 Baths

2,594 SqFt

UPDATED:

Key Details

Property Type Multi-Family

Sub Type Duplex

Listing Status Active

Purchase Type For Sale

Square Footage 2,594 sqft

Price per Sqft $240

Municipality New Brunswick (NWB)

MLS Listing ID 22626798

Bedrooms 5

Full Baths 2

Year Built 1900

Annual Tax Amount $8,725

Tax Year 2025

Lot Size 2,178 Sqft

Acres 0.05

Lot Dimensions 25 x 100

Property Sub-Type Duplex

Source MOREMLS (Monmouth Ocean Regional REALTORS®)

Property Description

Exceptional opportunity to own a well-maintained two-family home in the heart of New Brunswick, offering the perfect blend of owner-occupancy and investment potential. Whether you're looking to live in one unit while generating rental income from the other or add a strong asset to your investment portfolio, this versatile property delivers outstanding value in one of Central New Jersey's most sought-after rental markets. The first-floor unit features 2 spacious bedrooms and 1 full bathroom, complemented by beautiful hardwood flooring throughout. A bright and inviting living room flows into a formal dining room, while the well-appointed kitchen comes complete with a refrigerator, gas range, dishwasher, washer, and dryer, providing everything needed for comfortable everyday living. The second-floor unit offers 3 generously sized bedrooms and 1 full bathroom, also showcasing hardwood flooring throughout. The spacious living room and dining area provide an inviting layout, while the kitchen is equipped with a refrigerator, gas range, dishwasher, washer, and dryer. Exclusive to this unit is a finished walk-up attic, adding substantial additional living space. This versatile bonus level is ideal for additional bedrooms (buyer to verify permitted use), a home office, media room, fitness area, playroom, hobby space, guest quarters, or abundant storage, creating endless possibilities to suit your lifestyle. The full basement is accessible from the rear stairwell serving both units and provides ample storage space along with convenient access to utilities. Outside, the fully fenced backyard offers plenty of room for outdoor entertaining, gardening, pets, or simply relaxing. Perfectly positioned just minutes from Robert Wood Johnson University Hospital, Saint Peter's University Hospital, Rutgers University, and the vibrant downtown New Brunswick district, you'll enjoy easy access to acclaimed restaurants, entertainment, shopping, and cultural attractions. Commuters will appreciate being just moments from the New Brunswick Train Station, offering both NJ Transit and Amtrak service for convenient travel throughout New Jersey, New York City, Philadelphia, and beyond. Whether you're an investor seeking strong rental demand or a homeowner looking to offset your mortgage with rental income, 40 Throop Avenue presents an exceptional opportunity to own a versatile multi-family property in a prime New Brunswick location.

Location

State NJ

County Middlesex

Area None

Building/Complex Name None

Direction 40 Throop Ave

Rooms

Basement Full

Interior

Interior Features Attic - Walk Up

Heating Baseboard

Cooling Multi Units

Exterior

Exterior Feature Lighting

Parking Features On Street, None

Fence Fence

Roof Type Shingle

Garage No

Private Pool No

Building

Lot Description Level

Sewer Public Sewer

Water Public

Structure Type Lighting

Others

Senior Community No

Tax ID 13-00152-0000-00025

Listed by RE/MAX Central

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Michael Ades

+1(732) 245-7060

Agent License ID: 1757492

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