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40 Throop Avenue
New Brunswick NJ 08901 US

$650,000

Active Listing ID 22626798
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5 bed
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2,594 square feet
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2.00 Bath (2 Full)
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Lot: 0.05 Acres
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Duplex

$650,000

Active Listing ID 22626798
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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.

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Property Features

  • Facts
  • Lot Size: 0.05 Acres
  • Property Type: Residential Multi Family
  • Property Sub-type: Duplex
  • Features
  • Full Bathrooms: 2
  • Cooling System: Multi Units
  • Exterior Finish: Lighting
  • Roof Type: Shingle
  • Heating Fuels: Baseboard
  • Additional Features
  • Basement

Property

  • propertytype: Residential Multi Family
  • propertysubtype: Duplex
  • listprice: 650000
  • unparsedaddress: 40 Throop Avenue
  • postalcity: New Brunswick
  • stateorprovince: NJ
  • country: US
  • postalcode: 08901
  • bathroomsfull: 2
  • bathroomshalf: 0
  • bathroomsonequarter: 0
  • bathroomsthreequarter: 0
  • lotsizeacres: 0.05
  • lotsizeunits: Acres
  • lotsizearea: 0.05
  • livingarea: 2594
  • livingareaunits: Square Feet
  • latitude: 40.487223
  • longitude: -74.442141
  • listagentfullname: Matthew Tully
  • listagentemail: matthewtully@thetullygroup.com
  • listagentkey: 3yd-MOMLSNJ-47739
  • listagentmlsid: 47739
  • listagentpreferredphone: 7329721000
  • listagentofficephone: 7329721000
  • listofficekey: 3yd-MOMLSNJ-1146
  • listofficemlsid: 1146
  • disclaimer: Copyright © 2026 More MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
  • sourcesystemid: MOMLSNJ
  • yearbuilt: 1900
  • listingcontractdate: 2026-08-26
  • listagentfax: 7329721101
  • listagenturl: https://www.TheTullyGroup.com
  • countyorparish: Middlesex
  • parcelnumber: 13-00152-0000-00025
  • cooling: Multi Units
  • heating: Baseboard
  • numberofunitstotal: 2
  • fireplaceyn: False
  • transactiontype: ForSale
  • storiestotal: 3
  • parkingtotal: 0
  • parkingfeatures: On Street
  • roof: Shingle
  • waterfrontyn: False
  • franchiseaffiliation: RE/MAX International
  • interiorfeatures: Attic - Walk Up
  • exteriorfeatures: Lighting
  • rooms: Bedroom 3, Bedroom 5, Bathroom 2, Basement, Bathroom 1, Bedroom 1, Bedroom 2, Bedroom 4
  • basement: Full
  • dock: False
  • poolprivateyn: False
  • spayn: False
  • fencing: Fenced
  • internetaddressdisplayyn: True
  • internetautomatedvaluationdisplayyn: True
  • internetconsumercommentyn: True
  • location: -74.44214, 40.487225
  • customfields: {"AdditionalInformation":{}, "AlternatePrices":[], "BrokerName":"Rimos International Inc DBA Re/Max Central", "BuilderEmail":null, "BuilderFax":null, "BuilderPhone":null, "City":null, "Country":null, "CustomSourceId":null, "Expenses":[], "GeocodeOptions":null, "LeadRoutingEmail":"matthewtully@thetullygroup.com", "ListBrokerageCity":"Manalapan", "ListBrokerageCountry":"US", "ListBrokerageEmail":"jfox@remax.net", "ListBrokerageLogoUrl":null, "ListBrokerageName":"Rimos International Inc DBA Re/Max Central", "ListBrokeragePhone":"(732) 972-1000", "ListBrokeragePostalCode":"07726", "ListBrokerageStateOrProvince":null, "ListBrokerageUnitNumber":null, "ListBrokerageUnparsedAddress":"520 Route 9", "ListBrokerageWebsiteUrl":"http://www.realtorcentralnj.com/", "ListOfficeAddress1":"520 HWY 9 N ", "ListOfficeAddress2":null, "ListOfficeBrokerMlsId":"1146", "ListOfficeCity":"Manalapan", "ListOfficeCountry":"US", "ListOfficeEmail":"kellyaraggio@gmail.com", "ListOfficePostalCode":"07726", "ListOfficeStateOrProvince":"NJ", "ListPriceCurrencyType":"USD", "ListingTitle":"Multi-Family, New Brunswick, NJ", "ListingURL":"https://www.realtor.com/realestateandhomes-detail/40-Throop-Ave_New-Brunswick_NJ_08901_M59428-68796?f=listhub&s=MOMLSNJ&m=22626798&c=rexren", "MLSModificationTimestamp":"2026-08-27 01:57:57", "Neighborhoods":[], "PostalCode":null, "RoomCount":null, "StateOrProvince":null, "Taxes":[{"TaxAnnualAmount":8725, "TaxDescription":null, "TaxYear":"2025"}], "UnitNumber":null, "UnparsedAddress":null}
Listing Changed: 9/3/2026 2:32:48 AM GMT
Source Updated Date: 9/5/2026 12:48:18 AM GMT

Courtesy of: Matthew Tully, RE/MAX Central, matthewtully@thetullygroup.com

Copyright © 2026 More MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.