-73 Nichol Avenue, New Brunswick, NJ 08901
Local realty services provided by:Better Homes and Gardens Real Estate Realty Connect
Listed by: tony chedid
Office: c-21 barrood realtors
MLS#:2700897R
Source:NJ_MCMLS
Price summary
- Price:$599,999
- Price per sq. ft.:$420.17
About this home
Investor's dream in a prime New Brunswick location! Just seconds from Rutgers University's Douglass Campus, this spacious 5-bedroom Colonial offers an exceptional investment opportunity with a legal occupancy for seven tenants. The home features 5 bedrooms, 2.5 baths, beautiful hardwood floors, a detached 2-car garage, and a one-car driveway with room to stack two additional vehicles. Enjoy the large rear wooden deck, perfect for outdoor entertaining or relaxing. The fully finished, legal basement includes 2 bedrooms, a full bath, and a family room, providing additional versatile living space. The property is currently tenant-occupied and generates $4,400 per month in rental income. The lease is month-to-month and extends through March 31, 2027. Sale is subject to the existing tenancy. Buyer is responsible for obtaining the Certificate of Occupancy (CO). Conveniently located near Rutgers University, public transportation, restaurants, shopping, and major highways, this is an outstanding opportunity for investors seeking strong rental income in one of New Brunswick's most desirable rental markets....
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Home facts
- Year built:1920
- Subdivision & Development:Douglas College
- Listing ID #:2700897R
- Added:70 day(s) ago
- Updated:September 24, 2026 at 03:53 PM
Rooms and interior
- Bedrooms:5
- Total bathrooms:3
- Full bathrooms:2
- Half bathrooms:1
- Rooms Total:9
- Flooring:Carpet, Ceramic Tile, Parquet
- Dining Description:Formal Dining Room
- Kitchen Description:Dishwasher, Eat-in Kitchen, Gas Range/Oven, Kitchen, Range, Refrigerator
- Basement Description:Bath Full, Bedroom, Daylight, Exterior Entry, Finished, Interior Entry, Laundry Facilities, Recreation Room, Utility Room
- Living area:1,428 sq. ft.
Heating and cooling
- Cooling:Wall Unit(s), Window Unit(s)
- Heating:Radiators-Steam
Structure and exterior
- Roof:Asphalt
- Year built:1920
- Building area:1,428 sq. ft.
- Lot area:0.11 Acres
- Lot Features:Near Public Transit
- Architectural Style:Colonial
- Exterior Features:Barbecue, Curbs, Deck, Sidewalk, Yard
- Levels:3 Story
Utilities
- Water:Public
- Sewer:Public Sewer
Finances and disclosures
- Price:$599,999
- Price per sq. ft.:$420.17
- Tax amount:$6,854
Features and amenities
- Appliances:Gas Water Heater, Refrigerator, Washer
- Laundry features:Dryer, Washer
- Amenities:Gas Water Heater, Storage, Utility Room
Parking
- Parking description:1 Car Width, 2 Cars Deep, Concrete Driveway, Detached, Garage Door Opener
- Garage:Yes
- Garage spaces:2
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