Income-Generating Multi-Family Property, explore this two-family home with parking. Each floor features four bedrooms and one bathroom, generating a monthly income of $3,734. Expenses include $3,750 for water and $1,250 for insurance. The first-floor lease is valid until 12/31/24, while the second floor is on a month-to-month basis. The buyer will be responsible for the Certificate of Occupancy and smoke detector compliance. The flat roof was refinished in 2008. No laundry.
Sold for $480,000
$480,000
166 Throop Ave, New Brunswick, NJ 08901
8beds
2baths
2,116sqft
Multi Family
Built in 1920
-- sqft lot
$541,100 Zestimate®
$227/sqft
$3,086 Estimated rent
Home value
$541,100
$503,000 - $579,000
$3,086/mo
Zestimate® history
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$3,086/mo
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$3,370/mo
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Zillow last checked:
Listing updated:
Listed by:
ALZIRA FARINHAS,
RE/MAX INNOVATION 732-298-6006
Source: All Jersey MLS,MLS#: 2412487R
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 8
- Bathrooms: 2
Heating
- Baseboard Hotwater
Cooling
- A/C Window Unit(s)
Appliances
- Included: Water Heater(Gas), Water Heater, Unit 1(Range/Oven, Refrigerator), Unit 2(Range/Oven, Refrigerator)
Features
- Unit 1(Dining Room, 4 Bedrooms, Kitchen, 1 Bath, Living Room), Unit 2(4 Bedrooms, Kitchen, 1 Bath, Living Room)
- Basement: Full, Storage Space, Utility Room, Workshop
Interior area
- Total structure area: 2,116
- Total interior livable area: 2,116 sqft
Property
Parking
- Parking features: 3-4 Car Parking
Features
- Stories: 2
- Exterior features: Curbs, Sidewalk, Yard
Lot
- Size: 2,400 Square Feet
- Dimensions: 100.00 x 25.00
- Features: Near Shopping, Near Train, Corner Lot, Near Public Transit
Details
- Parcel number: 1300216000000021
- Zoning: R-5A
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Roof: Flat
Condition
- Year built: 1920
Utilities & green energy
- Gas: Natural Gas
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Underground Utilities
Community & HOA
Community
- Features: Curbs, Sidewalks
Location
- Region: New Brunswick
Financial & listing details
- Price per square foot: $227/sqft
- Tax assessed value: $266,000
- Annual tax amount: $6,764
- Date on market: 5/26/2024
- Ownership: Fee Simple
- Lease term: Unit 2(Month-Month)
Price history
| Date | Event | Price |
|---|---|---|
| 4/20/2026 | Listing removed | $3,000$1/sqft |
Source: All Jersey MLS #2608123R Report a problem | ||
| 3/20/2026 | Price change | $3,000-3.2%$1/sqft |
Source: All Jersey MLS #2608123R Report a problem | ||
| 2/11/2026 | Price change | $3,100-3.1%$1/sqft |
Source: All Jersey MLS #2608123R Report a problem | ||
| 12/3/2025 | Listed for rent | $3,200$2/sqft |
Source: All Jersey MLS #2608123R Report a problem | ||
| 1/17/2025 | Sold | $480,000-8.6%$227/sqft |
Source:  All Jersey MLS #2412487R Report a problem | ||
| 10/28/2024 | Contingent | $525,000$248/sqft |
Source: All Jersey MLS #2412487R Report a problem | ||
| 9/19/2024 | Listed for sale | $525,000$248/sqft |
Source: All Jersey MLS #2412487R Report a problem | ||
| 7/3/2024 | Contingent | $525,000$248/sqft |
Source: All Jersey MLS #2412487R Report a problem | ||
| 7/2/2024 | Listed for sale | $525,000$248/sqft |
Source: All Jersey MLS #2412487R Report a problem | ||
| 6/13/2024 | Contingent | $525,000$248/sqft |
Source: All Jersey MLS #2412487R Report a problem | ||
| 6/5/2024 | Price change | $525,000-12.5%$248/sqft |
Source: All Jersey MLS #2412487R Report a problem | ||
| 5/26/2024 | Listed for sale | $599,900$284/sqft |
Source: All Jersey MLS #2412487R Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $6,967 | $266,000 |
| 2024 | $6,967 +3% | $266,000 |
| 2023 | $6,764 +2.2% | $266,000 |
| 2022 | $6,621 +0.4% | $266,000 |
| 2021 | $6,594 +34.8% | $266,000 |
| 2020 | $4,891 -22.4% | $266,000 |
| 2019 | $6,299 | $266,000 |
| 2018 | $6,299 -2.2% | $266,000 |
| 2017 | $6,441 +2.4% | $266,000 +142.3% |
| 2016 | $6,287 +1.8% | $109,800 |
| 2015 | $6,175 +0.8% | $109,800 |
| 2014 | $6,126 +4.6% | $109,800 |
| 2012 | $5,856 +3.3% | $109,800 |
| 2011 | $5,668 +2.7% | $109,800 |
| 2010 | $5,520 +2.9% | $109,800 |
| 2009 | $5,363 | $109,800 |
| 2008 | -- | $109,800 |
| 2007 | -- | $109,800 |
| 2006 | -- | $109,800 |
| 2005 | -- | $109,800 |
| 2004 | $4,359 | $109,800 |
| 2003 | -- | $109,800 |
| 2002 | -- | $109,800 |
| 2001 | -- | $109,800 |
Find assessor info on the county website
Neighborhood: Feaster Park
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Nearby schools
GreatSchools rating
- 4/10Paul Robeson Community Elementary SchoolGrades: PK-8Distance: 0.1 mi
- 2/10New Brunswick High SchoolGrades: 9-12Distance: 1.8 mi
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Estimated market value
$541,100
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Estimated market value
$541,100
- New Jersey
- Middlesex County
- New Brunswick
- 08901
- Feaster Park
- 166 Throop Ave
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