Investment Property for Sale at 40 Throop Avenue in New Brunswick, NJ for $650,000

40 Throop Avenue | New Brunswick

$650,000 | 2 Baths | 2,594 Sq. Ft.

Showing starts on 8/26/26. 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. Unique to this unit is a full finished 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. CJMLS 2703446R

MLS Listing ID: 
CJMLS 2703446R
Building Details
Details about the building on a property.
Stories: 
3
Year Built: 
1900
Age: 
0
Living Area: 
2,594
Basement: 
Full, Storage Space, Utility Room
Interior: 
2 Bedrooms, Kitchen, 3 Bedrooms, Kitchen
Construction
Roof: 
Asphalt
Exterior Features: 
Yard
Room Details
Details about the rooms in the building.
Total Rooms: 
11
Total Bedrooms: 
0
Total Bathrooms: 
2
Total Full-Bathrooms: 
0
Total Half-Bathrooms: 
0
Utilities
Information about utilities available on the property.
Heating System: 
Baseboard Electric, Radiant, Central
Water Source: 
Public
Sewer: 
Public Sewer
Lot/Land Details
Details about the lots and land features included on the property.
Lot Size (Dimensions): 
100.00 x 25.00
Public Record
Parcel Number: 
1300152000000025
Annual Tax: 
$8,725.00
Listing Participants
Participants (agents, offices, etc.) in the transaction.
Listing Office Name: 
RE/MAX CENTRAL

Request More Information