CCertihomes
40 Throop Avenue, New Brunswick, NJ 08901

$650,000

0 beds 2 baths 2,594 sqft Built 19000 days on marketActive

About this home

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.

Affordability — calculate your monthly payment

Adjust your budget to see what's left after housing, utilities and transportation. Numbers below assume a 5% down, 30YrFixed at 4% APR.

Your estimated payment
$4,845/mo

Real estate (PITI + HOA + PMI)
$4,607
Principal + interest$2,948
Property tax + insurance$1,415
PMI / 2nd mortgage$244
Utilities
$563
Heating + cooling$152
Internet + TV + phone$143
Water + sewer + garbage$58
Transportation
$129
Car insurance + maintenance$129
Other (entertainment)
$143
$4,845/mo TLC
Budget$5,345/mo
Remaining after TLC$500/mo
Purchase price
$650,000
Down payment
$32,500 (5%)
Loan amount
$617,500
APR
4%

Quick facts

Type
2 Family
Style
Year built
1900
Lot size
Stories
3
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)
Water
Public
HOA
Annual tax
$8,725
MLS #
2703446R
County
Middlesex

At a glance

Basement

Home features

Appliances
Water Heater(See Remarks)Water HeaterUnit 1(DryerRange/OvenRefrigeratorWasher)Unit 2(DryerRange/OvenRefrigeratorWasher)
Interior
Unit 1(Dining Room2 BedroomsKitchen1 BathLiving Room)Unit 2(Dining Room3 BedroomsKitchen1 BathLiving Room)
Exterior
CurbsSidewalkFencing/WallYard
Community
CurbsSidewalks
Parking
On Street
Flooring
Unit 2 Carpet
Roof
Asphalt
Sewer
Public Sewer
Ownership
Fee Simple

Lot features

Level

Neighborhood — 08901

MetricThis ZIPCountyUSA
Population49,8348,832,837299,088,112
Population Change Since199019.00%14.00%20.00%
Population Density7,9341,137
Male24,9534,307,827147,432,321
Female24,8814,525,010151,655,844
Never Married22,9711,965,81163,775,926
Married8,7313,647,435123,120,365
Separated5,376391,23912,639,686
Widowed1,261515,17215,467,586
Divorced2,527529,39323,075,029
Number Of House Hold13,5193,167,345111,826,380
Average House Hold Size3.212.732.60
Medial Age24.6137.1535.46
Median House Hold Income$41,853$63,392$48,276
Average House Hold Income$58,306$83,312$63,629
P C I$19,187$30,662$24,529
M D I$36,349$52,505$41,133
A T H E$48,230$61,369$50,898
S T R7.00%7.00%
W C J83.09%81.02%77.74%
(Zip) Code
8901

Data via Certihomes neighborhood index. Comparisons across this ZIP, county and the United States.

Map & walkability

Open in Google Maps →

Recently sold nearby

Central Jersey Multiple Listing System, INC

Listing information last refreshed 8/26/2026. Provided courtesy of RE/MAX CENTRAL via Central Jersey Multiple Listing System, INC. Information deemed reliable but not guaranteed.