Income-Generating Multi-Family Property, explore this two-family home with parking. Each floor features four bedrooms and one bathroom, generating a monthly income of $3,734. Expenses include $3,750 for water and $1,250 for insurance. The first-floor lease is valid until 12/31/24, while the second floor is on a month-to-month basis. The buyer will be responsible for the Certificate of Occupancy and smoke detector compliance. The flat roof was refinished in 2008. No laundry.
Sold for $480,000 on 01/17/25
$480,000
166 Throop Ave, New Brunswick, NJ 08901
8beds
2baths
2,116sqft
Multi Family
Built in 1920
-- sqft lot
$491,000 Zestimate®
$227/sqft
$2,453 Estimated rent
What's special
Zillow last checked: 7 hours ago
Listing updated: January 17, 2025 at 10:46am
Listed by:
Alzira Farinhas,
RE/MAX INNOVATION 732-298-6006
Source: All Jersey MLS,MLS#: 2412487R

Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 8
- Bathrooms: 2
Heating
- Baseboard Hotwater
Cooling
- A/C Window Unit(s)
Appliances
- Included: Water Heater(Gas), Water Heater, Unit 1(Range/Oven, Refrigerator), Unit 2(Range/Oven, Refrigerator)
Features
- Unit 1(Dining Room, 4 Bedrooms, Kitchen, 1 Bath, Living Room), Unit 2(4 Bedrooms, Kitchen, 1 Bath, Living Room)
- Basement: Full, Storage Space, Utility Room, Workshop
Interior area
- Total structure area: 2,116
- Total interior livable area: 2,116 sqft
Property
Parking
- Parking features: 3-4 Car Parking
Features
- Stories: 2
- Exterior features: Curbs, Sidewalk, Yard
Lot
- Size: 2,400 sqft
- Dimensions: 100.00 x 25.00
- Features: Near Shopping, Near Train, Corner Lot, Near Public Transit
Details
- Parcel number: 1300216000000021
- Zoning: R-5A
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Roof: Flat
Condition
- Year built: 1920
Utilities & green energy
- Gas: Natural Gas
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Underground Utilities
Community & neighborhood
Community
- Community features: Curbs, Sidewalks
Location
- Region: New Brunswick
Other
Other facts
- Ownership: Fee Simple
Services availability
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Estimated market value
$491,000
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$491,000