40 Throop Avenue, New Brunswick, NJ

$650,000

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5

Beds

2

Baths

2,594

Square feet

0.05

Acres

About 40 Throop Avenue

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.

Features of 40 Throop Avenue

MLS® # 22626798
Price $650,000
Bedrooms 5
Bathrooms 2.00
Full Baths 2
Square Footage 2,594
Acres 0.05
Year Built 1900
Type Multi-Family
Sub-Type Duplex
Status Active

Community Information

Address 40 Throop Avenue
Area New Brunswick (NWB)
City New Brunswick
County Middlesex
State NJ
Zip Code 08901

Amenities

Parking On Street, None
Garages None
Is Waterfront No
Has Pool No

Interior

Interior Features Attic - Walk Up
Heating Baseboard
Cooling Multi Units
Fireplace No
# of Stories 3

Exterior

Exterior Features Fence, Lighting
Lot Description Level
Roof Shingle

Additional Information

Short Sale No
RE / Bank Owned No

Listing Details

AgentMatthew Tully
OfficeRE/MAX Central

Listing Map

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The data relating to real estate on this web site comes in part from the Internet Data Exchange program of the MLS of the Monmouth County Association of REALTORS®, and is updated as of September 25th, 2026 at 12:56pm EDT (date/time). 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.