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$630,000 Just Listed
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Property Description
Investor's dream in a prime New Brunswick location! Just seconds from Rutgers University's Douglass Campus, this spacious 5-bedroom Colonial offers an exceptional investment opportunity with a legal occupancy for seven tenants. The home features 5 bedrooms, 2.5 baths, beautiful hardwood floors, a detached 2-car garage, and a one-car driveway with room to stack two additional vehicles. Enjoy the large rear wooden deck, perfect for outdoor entertaining or relaxing. The fully finished, legal basement includes 2 bedrooms, a full bath, and a family room, providing additional versatile living space. The property is currently tenant-occupied and generates $4,400 per month in rental income. The lease is month-to-month and extends through March 31, 2027. Sale is subject to the existing tenancy. Buyer is responsible for obtaining the Certificate of Occupancy (CO). Conveniently located near Rutgers University, public transportation, restaurants, shopping, and major highways, this is an outstanding opportunity for investors seeking strong rental income in one of New Brunswick's most desirable rental markets.
Full Property Details
Full Property Details for 73 Nichol Ave
General
- Price: $630,000
- Taxes: $6,854 (2025)
- Status: Active
- Type: Single Family
- Source: Middlesex
- MLS ID: 2700897R
- Updated: 7/16/2026
- Added to Site: 2 day(s) ago
Interior
- Interior Features: 2 Bedrooms, Laundry Room, Bath Full, Storage, Family Room, Utility Room, Entrance Foyer, Kitchen, Bath Half, Living Room, Dining Room, 3 Bedrooms, Bath Main
- Fireplace: Yes
- Number of Fireplaces: 1
- Fireplace(s): Gas, Gas
- Appliances: Dishwasher, Dryer, Gas Range/Oven, Refrigerator, Range, Washer, Gas Water Heater
- Flooring: Carpet, Ceramic Tile, Parquet
Rooms
Bathrooms
- Total Bathrooms: 3
- Full Bathrooms: 2
- Half Bathrooms: 1
Bedrooms
- Total Bedrooms: 5
Other Rooms
- Living Room: 1,428 Sq. Ft.
Exterior
- Exterior Features: Barbecue, Curbs, Deck, Sidewalk, Yard
- Deck/Patio: Deck
Parking
- Garage: Yes
- Garage Spaces: 2
- Parking Features: 1 Car Width, Concrete, 2 Cars Deep, Garage, Detached, Garage Door Opener
- Parking: 1 Car Width, Concrete, 2 Cars Deep, Garage, Detached, Garage Door Opener
Location
- County: Middlesex
Community
- Gated: Curbs, Sidewalks
- Pets Allowed: Yes
Heating & Cooling
- Cooling Type: Wall Unit(s), Window Unit(s)
- Heating Type: Steam Radiators
Utilities
- Gas: Natural Gas
- Sewer: Public Sewer
- Water: Public
- Utility Description: Underground Utilities
Structural Information
- Architectural Style: Colonial
- Basement Desc.: Finished, Bath Full, Bedroom, Daylight, Exterior Entry, Recreation Room, Interior Entry, Utility Room, Laundry Facilities
- Roof: Asphalt
- Stories/Levels: 3
- Square Feet: 1,428
- Year Built: 1920
Lot Features
- Lot Size (Acres): 0.109
- Lot Size (Sq. Ft.): 4,748
- Lot Dimensions: 95.00 x 50.00
- Lot Features: Near Public Transit
- Zoning: R-5A
- Lot Description: Near Public Transit
Financial Considerations
- Tax Amount: $6,854
- Tax Year: 2025
Disclosures and Reports
- Property ID: 130017500000000301
Listed by C-21 Barrood Realtors
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Schools
Schools serving 73 Nichol Ave
School District:New Brunswick City School District
| Name | Grades | Distance |
|---|---|---|
Lord Stirling Elementary School 101 Redmond Street, New Brunswick, NJ 08901 | PK-5 | 0.3 mi |
New Brunswick Middle School 1125 Livingston Avenue, New Brunswick, NJ 08901 | 6-8 | 1.7 mi |
New Brunswick High School 1000 Somerset Street, New Brunswick, NJ 08901 | 9-12 | 2.2 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 73 Nichol Ave
Date
Details
Price
Change
Source
7/15/2026
Listed
$630,000
50%
MLS
10/24/2023
Sold
$420,000
—
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 73 Nichol Ave
Year
Property Taxes
Change
Tax Assessment
Change
2025
$6,854
3%
$255,000
—
2024
$6,678
5%
$255,000
—
2022
$6,347
9%
$255,000
—
2021
$5,808
38%
$255,000
—
2021
$4,195
-31%
$255,000
—
2018
$6,038
4%
$255,000
—
2017
$5,799
-10%
$255,000
131%
2016
$6,476
2%
$110,400
—
2015
$6,322
2%
$110,400
-57%
2019
$6,179
—
$255,000
131%
2013
$6,159
—
$110,400
—
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 73 Nichol Ave
73 Nichol Avenue, New Brunswick, NJ 08901 (MLS# 2700897R) is a Single Family property with 5 bedrooms and 2 full bathrooms. 73 Nichol Avenue is currently listed for $630,000 and was received on July 15, 2026. Want to learn more about 73 Nichol Avenue? Do you have questions about finding other Single Family 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.

