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Street View
$625,000
Monthly Est:$3,111
5 Beds
- 2 Baths
2 full baths
2,594sqft
40 Throop Ave, New Brunswick, NJ 08901
$625,000
$3,111/moEst:
Get Pre-Approved
Duplex
Built in 1900
$-- HOA
0.05 acre lot
$241/sq.ft
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. 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 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.
- Houzeo last checked: 3 hours ago
- Listing updated: September 29, 2026 at 11:33 am
- Listing Provided by: Matthew Tully (732) 972-1000 | RE/MAX Central
- Source: Monmouth Ocean Regional MLS-NJ | MLS#: 22626798

Property Details
Status
Active
Type
Multi Family
No. of Stories
3
County
City
Neighborhood
--
Year Built
1900
HOA Fees
-
Finished Area
2,594 sqft
Lot Size
0.05 acre lot
Basement Area
- sqft
MLS Name
Monmouth Ocean Regional MLS
MLS Number
22626798
MLS Status
Active
Days on Market
51

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Location
Facts & Features
Rooms
Bedrooms & bathrooms
Bedrooms: 5
Bathrooms: 2
Interior
Sewer
Public Sewer
Heating
Baseboard
Exterior Features
Lighting
Cooling
Multi Units
Interior Features
Attic Walk Up
Construction
Year Built
Year Built: 1900
Home type
Duplex
Roof
Shingle
Utilities & Energy
Parking Features
On Street, None
Basement
Full
Water Source
Public
Other Features
Tenant Pays
Water, Sewer, Gas, Electricity
Lot Features
Level
Subdivision Name
None
Price History
| Date | Event | Price |
|---|---|---|
08/26/2026 Source: | Price Decreased | $625,000 -3.85% $241/sqft |
08/26/2026 Source: | Listed for Sale | $650,000 $251/sqft |
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Based on information from the Monmouth Ocean Regional REALTORS® Multiple Listing Service through Oct 16, 2026, 08:30AM. Information is provided exclusively for consumers’ personal, non-commercial use that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that data is deemed reliable but is not guaranteed accurate by the MLS. This website may not include listings or property addresses of sellers who have directed their listing brokers to withhold their listing or their property address from display on the Internet. ©2026 Monmouth Ocean Regional REALTORS®. All Rights Reserved.
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