About 35 Jones Avenue
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!
Features of 35 Jones Avenue
| MLS® # | 2560990M |
|---|---|
| Price | $548,888 |
| Bedrooms | 4 |
| Bathrooms | 2.00 |
| Full Baths | 2 |
| Square Footage | 1,998 |
| Acres | 0.11 |
| Year Built | 1920 |
| Type | Residential Income |
| Sub-Type | 2 Family |
| Status | Under Contract |
Community Information
| Address | 35 Jones Avenue |
|---|---|
| Subdivision | Rutgers/Douglass |
| City | New Brunswick |
| County | Middlesex |
| State | NJ |
| Zip Code | 08901 |
Amenities
| Utilities | Electricity Connected, Natural Gas Connected |
|---|---|
| Is Waterfront | No |
| Has Pool | No |
Interior
| Interior Features | Unit 1(1 Bath,2 Bedrooms,Dining Room,Kitchen,Living Room), Unit 2(1 Bath,2 Bedrooms,Dining Room,Kitchen,Living Room) |
|---|---|
| Appliances | Water Heater(Gas), Water Heater, Unit 1(Range/Oven,Refrigerator), Unit 2(Range/Oven,Refrigerator) |
| Heating | Forced Air |
| Cooling | See Remarks |
| Fireplace | No |
| # of Stories | 2 |
| Has Basement | Yes |
| Basement | Full, Laundry Facilities, Recreation Room, Storage Space, Utility Room, Workshop |
Exterior
| Lot Description | Near Public Transit, Near Shopping, Near Train |
|---|---|
| Roof | Asphalt |
Additional Information
| Days on Market | 37 |
|---|---|
| Zoning | R-5A |
Listing Details
| Office | RED DOOR REAL ESTATE |
|---|