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For sale
  • $650,000

    40 Throop Ave, New Brunswick, NJ 08901

    5beds
    2baths
    2,594sqft
    : 
    $4,544/mo
    Get pre-qualified
    Multi Family
    Built in 1900
    -- sqft lot
    $643,900 Zestimate®
    $251/sqft
    $-- HOA

    What's special

    Gas rangeFull finished atticWell-appointed kitchenFormal dining roomFully fenced backyardBeautiful hardwood flooring throughout
    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.
    3 days
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    4

    Zillow last checked:

    Listing updated:

    Listed by:

    MATTHEW TULLY 908-692-9227,

    RE/MAX CENTRAL

    Source: All Jersey MLS,MLS#: 2703446RMLS Logo

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 5
      • Bathrooms: 2
      Heating
      • Baseboard Electric, Radiant, Central
      Cooling
      • A/C Wall Unit(s), A/C Window Unit(s), Unit 1(A/C Unit), Unit 2(A/C Unit)
      Appliances
      • Included: Water Heater(See Remarks), Water Heater, Unit 1(Dryer, Range/Oven, Refrigerator, Washer), Unit 2(Dryer, Range/Oven, Refrigerator, Washer)
      Features
      • Unit 1(Dining Room, 2 Bedrooms, Kitchen, 1 Bath, Living Room), Unit 2(Dining Room, 3 Bedrooms, Kitchen, 1 Bath, Living Room)
      • Flooring: Unit 2 Carpet
      • Basement: Full, Storage Space, Utility Room
      Interior area
      • Total structure area: 2,594
      • Total interior livable area: 2,594 sqft

      Property

      Parking
      • Parking features: On Street
      Features
      • Stories: 3
      • Exterior features: Curbs, Sidewalk, Fencing/Wall, Yard
      • Fencing: Fencing/Wall
      Lot
      • Size: 2,500 Square Feet
      • Dimensions: 100.00 x 25.00
      • Features: Level
      Details
      • Parcel number: 1300152000000025

      Construction

      Type & style
      • Home type: MultiFamily
      • Property subtype: Multi Family
      Materials
      • Roof: Asphalt
      Condition
      • Year built: 1900

      Utilities & green energy

      • Gas: Natural Gas
      • Sewer: Public Sewer
      • Water: Public
      • Utilities for property: Electricity Connected, Natural Gas Connected

      Community & HOA

      Community
      • Features: Curbs, Sidewalks
      Location
      • Region: New Brunswick

      Financial & listing details

      • Price per square foot: $251/sqft
      • Tax assessed value: $324,600
      • Annual tax amount: $8,725
      • Date on market: 8/26/2026
      • Ownership: Fee Simple
      • Electric utility on property: Yes

        Estimated market value

        $643,900

        $612,000 - $676,000

        $2,710/mo

        Price history

        DateEventPrice
        8/26/2026Listed for sale$650,000+140.7%$251/sqft
        Source: MoreMLS #22626798 Report a problem
        6/2/2018Listing removed$270,000$104/sqft
        Source: ORANGE KEY REALTY, INC. #1818587 Report a problem
        6/1/2018Listed for sale$270,000$104/sqft
        Source: ORANGE KEY REALTY, INC. #1818587 Report a problem
        4/18/2018Pending sale$270,000$104/sqft
        Source: ORANGE KEY REALTY, INC. #1818587 Report a problem
        4/17/2018Listed for sale$270,000$104/sqft
        Source: ORANGE KEY REALTY, INC. #1818587 Report a problem
        3/14/2018Listing removed$270,000$104/sqft
        Source: ORANGE KEY REALTY, INC. #1818587 Report a problem
        10/27/2017Listed for sale$270,000+210.3%$104/sqft
        Source: ORANGE KEY REALTY, INC. #1806515 Report a problem
        9/12/1994Sold$87,000$34/sqft
        Source: Public Record Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$8,501 $324,600
        2024$8,501 +3%$324,600
        2023$8,255 +2.2%$324,600
        2022$8,079 +0.4%$324,600
        2021$8,047 +34.8%$324,600
        2020$5,969 -22.4%$324,600
        2019$7,687 $324,600
        2018$7,687 +23.9%$324,600
        2017$6,206 +2.4%$324,600 +206.8%
        2016$6,058 +1.8%$105,800
        2015$5,950 +0.8%$105,800
        2014$5,903 +4.6%$105,800
        2012$5,642 +3.3%$105,800
        2011$5,461 +2.7%$105,800
        2010$5,319 +17.1%$105,800 +13.8%
        2009$4,542 $93,000
        2008-- $93,000
        2007-- $93,000
        2006-- $93,000
        2005-- $93,000
        2004$3,692 $93,000
        2003-- $93,000
        2002-- $93,000
        2001-- $93,000
        Find assessor info on the county website

        Monthly payment

        Est. payment

        Payment breakdown

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        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        See how much you could borrow to make a competitive offer.

        Climate risks

        Neighborhood: Feaster Park

        Getting around

        90 / 100
        Walker's Paradise
        32 / 100
        Some Transit
        76 / 100
        Very Bikeable

        Nearby schools

        GreatSchools rating

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