40 Throop Avenue, New Brunswick, NJ 08901 (MLS# 22626798)

40 Throop Avenue, New Brunswick, NJ 08901

New Listing

$650,000

Property Type: Multi-Family Bedrooms: 5 Baths: 2 Square Footage: 2,594 Lot Size (sq. ft.): 2,178 Status: Active

Current Price: $650,000 List Date: 8/26/2026 Last Modified: 8/27/2026

Overview

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.

Supplements: 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 subst ... (Read more)

Listing Details MLS# 22626798

Contract Info

List Price/SqFt: 250.58
Property Sub-Type: Duplex

Location

House Number: 40
Street Name: Throop
Street Suffix: Avenue
County: Middlesex
Municipality: New Brunswick (NWB)
Postal City: New Brunswick
State: NJ
Zip Code: 08901
Area/Section: None
Complex/Subdivision: None
Directions: 40 Throop Ave

General Property Info

# Units in Bldg: 2
Full Baths: 2
Total Baths: 2
# Levels: 3
Apx SqFt: 2594
Apx Year Built: 1900
# Acres: 0.05
Lot Dimensions: 25 x 100
Garage: No
Pool: No
Waterfront: No
Waterview: No
Basement: Yes
# Car Garage: 0

Tax and Legal

Asmnt - Total: 324600
Deed Restricted: No
Taxes: 8725
Tax Year: 2025

Unit 1

# Bedrooms: 3
Bedroom Level: 2
# Full Baths: Yes
# Rooms: 7
Kitchen Level: 2
Living Room Level: 2
Other Room Desc: Dining Room
Other Level: 3
Rent: 1785
AC Unit: Yes
Dishwasher: Yes
Dryer: Yes
Gas Stove: Yes
Refrigerator: Yes
Washer: Yes

Unit 2

# Bedrooms: 2
Bedroom Level: Yes
# Full Baths: Yes
Kitchen Level: Yes
Living Room Level: Yes
Other Room Desc: Dining Room
Rent: 1395
Dishwasher: Yes
Dryer: Yes
Gas Stove: Yes
Refrigerator: Yes
Washer: Yes

More Information

Income & Expenses

Insurance Expense: 2699

Interior

Attic - Walk Up: Yes

Zoning

Multi-Family: Yes

Showing

Showing Time: Yes

Lot Description

Level: Yes

Water/Sewer

Public Sewer: Yes
Public Water: Yes

Basement

Full: Yes

Cooling

Multi Units: Yes

Water Heater

Natural Gas: Yes

Heating

Baseboard: Yes
Electric: Yes

Exterior

Fence: Yes
Lighting: Yes

Parking

On Street: Yes

Garage

None: Yes

Assessment Status

Assessed: Yes

Siding

Vinyl: Yes

Roof

Shingle: Yes

Tenant Pays

Electricity: Yes
Gas: Yes
Sewer: Yes
Water: Yes

Property Features

Unit 1: AC Unit; Dishwasher; Dryer; Gas Stove; Refrigerator; Washer Unit 2: Dishwasher; Dryer; Gas Stove; Refrigerator; Washer Interior: Attic - Walk Up Basement: Full Cooling: Multi Units Heating: Baseboard; Electric Water Heater: Natural Gas Exterior: Fence; Lighting Siding: Vinyl Roof: Shingle Garage: None Parking: On Street Zoning: Multi-Family Lot Description: Level Assessment Status: Assessed Tenant Pays: Electricity; Gas; Sewer; Water Showing: Showing Time

Listing Office: RE/MAX Central

Listing Agent: Matthew Tully

Last Updated: August - 27 - 2026

The data relating to real estate on this web site comes in part from the Internet Data Exchange program of the MLS of the Monmouth Ocean Regional REALTORS®, and site contains live data. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.