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Under contract
  • $548,888

    35 Jones Ave, New Brunswick, NJ 08901

    4beds
    1,998sqft
    : 
    Multi Family
    Built in 1920
    -- sqft lot
    $636,100 Zestimate®
    $275/sqft
    $-- HOA

    What's special

    An incredible opportunity awaits with this solid and well-kept two-family home in the heart of New Brunswick, adjacent to Rutgers University's Douglass Campus. Whether you're an investor seeking a steady income-producing property or a buyer looking to to live in one unit while renting out the other, this home offers the perfect setup for maximizing financial benefits. Each spacious apartment features two bedrooms, a living room, a dining room, a kitchen, and a full bath. Both units are currently rented on a month-to-month basis, generating reliable rental income. With separate utilities, including individual electric, gas, and water meters, this property ensures ease of management and cost efficiency. Recent updates, including a newer roof, siding, and furnace, enhance the home's value and minimize maintenance concerns. The full basement provides additional functionality with laundry facilities, rec area, and storage space. Located in a prime area near downtown New Brunswick, this property offers unparalleled convenience with easy access to public transportation, major highways, shopping, and dining. The neighborhood's demand for rental housing remains strong, making this a compelling long-term investment. Whether you're looking to expand your rental portfolio or secure a home with built-in income potential, this multifamily property is a rare find in an unbeatable location. Don't miss out on this exceptional investment and living opportunity!
    64 days
    on Zillow
    |
    43
    |
    0
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    Zillow last checked: 7 hours ago

    Listing updated: March 21, 2025 at 06:12am

    Listed by:

    Edward P. Nugent,

    RED DOOR REAL ESTATE 732-893-8339

    Source: All Jersey MLS,MLS#: 2560990MMLS Logo
    Travel times

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 4
    • Bathrooms: 2
    • Full bathrooms: 2
    Heating
    • Forced Air
    Cooling
    • See Remarks
    Appliances
    • Included: Water Heater(Gas), Water Heater, Unit 1(Range/Oven, Refrigerator), Unit 2(Range/Oven, Refrigerator)
    Features
    • Unit 1(1 Bath, 2 Bedrooms, Dining Room, Kitchen, Living Room), Unit 2(1 Bath, 2 Bedrooms, Dining Room, Kitchen, Living Room)
    • Basement: Full, Laundry Facilities, Recreation Room, Storage Space, Utility Room, Workshop
    Interior area
    • Total structure area: 1,998
    • Total interior livable area: 1,998 sqft
    Video & virtual tour

    Property

    Features
    • Stories: 2
    Lot
    • Size: 5,001 Square Feet
    • Dimensions: 50X100
    • Features: Near Public Transit, Near Shopping, Near Train
    Details
    • Parcel number: 130015600000000301
    • Zoning: R-5A

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Multi Family
    Materials
    • Roof: Asphalt
    Condition
    • Year built: 1920

    Utilities & green energy

    • Gas: Natural Gas
    • Sewer: Public Sewer
    • Water: Public
    • Utilities for property: Electricity Connected, Natural Gas Connected

    Community & HOA

    Location
    • Region: New Brunswick

    Financial & listing details

    • Price per square foot: $275/sqft
    • Tax assessed value: $384,000
    • Annual tax amount: $10,057
    • Date on market: 2/12/2025
    • Ownership: Fee Simple
    • Lease term: Unit 1(Month-Month),Unit 2(Month-Month)
    • Electric utility on property: Yes
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