This two unit rental is an incredible investment opportunity located in close proximity to Cook Campus on Rutgers University. Multi-family home boasts a total of 6 bedrooms, with 3 bedrooms and 1 bath in each of the two units. Current leases on both units run from June 2024-May 2025. Home has be fully rented the past 20 years. 1st floor unit is legal for 4 occupants and rents for $2,500 per month. The second floor unit is legal for 3 occupants and rents for $2,345 per month. Tenants pay all utilities. Attic is legal for recreation and storage space. Full basement includes laundry. Ample parking on property. This is an AS IS sale.
Sold for $591,000 on 01/24/25
$591,000
51 Jones Ave, New Brunswick, NJ 08901
6beds
6baths
1,810sqft
Multi Family
Built in 1900
-- sqft lot
$746,200 Zestimate®
$327/sqft
$2,239 Estimated rent
Owner options
What's special
Zillow last checked: 7 hours ago
Listing updated: January 28, 2025 at 05:54am
Listed by:
John Yablonski,
OBRIEN REALTY LLC 732-229-3532
Source: All Jersey MLS,MLS#: 2506056R

Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 6
- Bathrooms: 6
Heating
- Radiators-Hot Water
Cooling
- A/C Window Unit(s), Unit 1(A/C Unit), Unit 2(A/C Unit)
Appliances
- Included: Water Heater(Gas), Unit 1(Range/Oven, Refrigerator), Unit 2(Range/Oven, Refrigerator)
Features
- Unit 1(3 Bedrooms, Kitchen, 1 Bath, 1 1/2 Baths, 2+ Baths), Unit 2(3 Bedrooms, Kitchen, 1 Bath)
- Basement: Full, None, Storage Space, Tenant Use
Interior area
- Total structure area: 1,810
- Total interior livable area: 1,810 sqft
Property
Features
- Stories: 2
Lot
- Size: 5,000 sqft
- Dimensions: 100.00 x 50.00
- Features: Near Shopping, Near Train
Details
- Parcel number: 1300173000000005
- Zoning: R-5A
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Condition
- Year built: 1900
Utilities & green energy
- Gas: Natural Gas
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Natural Gas Connected
Community & neighborhood
Location
- Region: New Brunswick
Other
Other facts
- Ownership: Fee Simple
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Estimated market value
$746,200