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$650,000 Just Listed
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Property Description
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.
Full Property Details
Full Property Details for 40 Throop Ave
General
- Price: $650,000
- Taxes: $8,725 (2025)
- Status: Active
- Type: Duplex
- Source: Middlesex
- MLS ID: 2703446R
- Updated: Today (8/26/2026)
- Added to Site: Today
Interior
- Interior Features: Unit 1(Dining Room, 2 Bedrooms, Kitchen, 1 Bath, Living Room), Unit 2(Dining Room, 3 Bedrooms, Kitchen, 1 Bath, Living Room)
- Appliances: Water Heater(See Remarks), Water Heater, Unit 1(Dryer, Range/Oven, Refrigerator, Washer), Unit 2(Dryer, Range/Oven, Refrigerator, Washer)
- Flooring: Unit 2 Carpet
Rooms
Bathrooms
- Total Bathrooms: 2
Other Rooms
- Living Room: 2,594 Sq. Ft.
Exterior
- Exterior Features: Curbs, Sidewalk, Fencing/Wall, Yard
Parking
- Parking Features: On Street
- Parking: On Street
Location
- County: Middlesex
Community
- Gated: Curbs, Sidewalks
Heating & Cooling
- Cooling Type: A/C Wall Unit(s), A/C Window Unit(s), Unit 1(A/C Unit), Unit 2(A/C Unit)
- Heating Type: Electric Baseboard, Radiant, Central
Utilities
- Gas: Natural Gas
- Sewer: Public Sewer
- Water: Public
- Utility Description: Electricity Connected, Natural Gas Connected
Structural Information
- Basement Desc.: Full, Storage Space, Utility Room
- Roof: Asphalt
- Stories/Levels: 3
- Square Feet: 2,594
- Year Built: 1900
Lot Features
- Lot Dimensions: 100.00 x 25.00
- Lot Features: Level
- Lot Description: Level
- Fencing (Description): Fencing/Wall
Financial Considerations
- Tax Amount: $8,725
- Tax Year: 2025
Disclosures and Reports
- Property ID: 1300152000000025
Listed by Re/Max Central
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Price & Sales History for 40 Throop Ave
Date
Details
Price
Change
Source
8/26/2026
Listed
$650,000
647.13%
MLS
8/17/1994
Sold
$87,000
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 40 Throop Ave
Year
Property Taxes
Change
Tax Assessment
Change
2025
$8,725
3%
$324,600
—
2024
$8,501
5%
$324,600
—
2022
$8,079
—
$324,600
—
2021
$8,047
34%
$324,600
—
2021
$5,994
-22%
$324,600
—
2018
$7,687
4%
$324,600
—
2017
$7,381
19%
$324,600
207%
2016
$6,206
-21%
$105,800
-67%
2019
$7,865
30%
$324,600
207%
2015
$6,058
3%
$105,800
—
2013
$5,903
—
$105,800
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 40 Throop Ave
40 Throop Avenue, New Brunswick, NJ 08901 (MLS# 2703446R) is a Duplex property with 0 bedrooms and 0 full bathrooms. 40 Throop Avenue is currently listed for $650,000 and was received on August 26, 2026. Want to learn more about 40 Throop Avenue? Do you have questions about finding other Duplex real estate for sale in New Brunswick? You can browse all New Brunswick real estate or contact a Coldwell Banker agent to request more information.

