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40 Throop Avenue

New Brunswick, NJ 08901
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Bed 5

Bed

Bath 2

Bath

Acres0.05

Acre(Lot)

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 seco nd-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.

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Detail Ic Property Details

Property Type : Residential Income

Price : $650,000

AD Id : 90096145

MLS Id : 22626798

Beds : 5

Lot Size : 0.05 Acre

Year Built : 1900

County : Middlesex

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Feature Features

  • Bedroom Information

    Total beds: 5

    Bathroom Information

    Total Baths: 2 Full Baths: 2

    Room Information

    Has Basement: Yes Basement: Full
  • Roofing Information

    Shingle
  • Interior Features

    Roof: Shingle Appliances: Gas Water Heater
  • Heating & Cooling

    Has Heating: Yes Heating: Baseboard Has Cooling: Yes Cooling: Multi Units

  • Building Information

    Year Built: 1900 Building Area Total: 2594 Stories: 3 Private Pool: No
  • Exterior Features

    Exterior Features: Lighting

  • Lot Information

    Lot Dimensions: 25 x 100 Main Square Feet: 0.05 Acres Lot Size Acres: 0.05 Lot Size Square Feet: 2178 Lot Description: Level

    Property Information

    Subdivision: None Source Property Type: Residential Income MLS Area Minor: New Brunswick (NWB) Zoning Description: Multi-Family Property SubType: Duplex Property Age: 126

  • Listing Price Information

    Listing Price: $650000

  • Tax Information

    Parcel Number: 13-00152-0000-00025 Tax Lot: 25 Tax Block: 152 Tax Year: 2025 Annual Tax: $8725

  • Parking Information

    On Street, None

  • Location Information

    Direction: 40 Throop Ave WaterSource: Public
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Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
32 Suydam Street, New Brunswick, NJ, 08901 $775,000 -- 3 2,310 2,310 SqFt
92 Redmond Street, New Brunswick, NJ, 08901 $469,900 4 2 1,776 1,776 SqFt
15 S Ward Street, New Brunswick, NJ, 08901 $515,000 4 2 1,760 1,760 SqFt
128 Suydam Street, New Brunswick, NJ, 08901 $399,000 -- 3 1,923 1,923 SqFt
168 Throop Avenue, New Brunswick, NJ, 08901 $800,000 -- 3 2,235 2,235 SqFt
135 Baldwin Street, New Brunswick, NJ, 08901 $519,000 -- 2 2,184 2,184 SqFt
187 Hale Street, New Brunswick, NJ, 08901 $485,000 -- -- 1,248 1,248 SqFt
187 Hale Street, New Brunswick, NJ, 08901 $485,000 4 2 --
219 Seaman Street, New Brunswick, NJ, 08901 $649,000 -- 2 1,890 1,890 SqFt
123 Livingston Avenue, New Brunswick, NJ, 08901 $1,299,000 -- 5 4,813 4,813 SqFt

The data relating to real estate for sale on this website comes in part from the Internet Data exchange ("IDX") program of the Monmouth/Ocean MLS Monmouth County Association Board of Realtors. 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. Real estate listings held by brokerage firms other than ByOwner, are indicated by detailed information about them such as the name of the listing firms. Information deemed reliable but not guaranteed. Copyright © 2026 Monmouth/Ocean MLS Monmouth County Association Board of Realtors. All Rights Reserved.

ByOwner last updated this listing 08/30/2026 @ 17:04

MLS: 22626798 LISTED BY: Matthew Tully, RE/MAX Central 732-972-1000 SOURCE: Monmouth Ocean Regional Multiple Listing Service

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