About 79 Nichol Avenue
Great for investor or homeowner at Rutgers Douglas Campus. Renovated 2025, new kitchen, bathroom and floor, with new appliance. 2 family house with 9 bedrooms and 2 baths, city approved 14 people. Unit one on first floor,with 5 bedrooms, kitchen dining room and family room, a bathroom with bathtub. Unit two has four bedrooms, kitchen dining room, one bath with bathtub, and family room. Basement full size with utilities and plenty storage space. Attic full size and can convert to extra bedrooms and bath that needs city approval.Rent income $72,000/year. Both units are separately metered for gas & electricity with tenants covering their own utilities including water & sewer.The landlord shares benefits from low property taxes, further maximizing ROI and low maintenance cost. This is a rare chance to own a high-performing asset in a great location.
Features of 79 Nichol Avenue
| MLS® # | 2604500R |
|---|---|
| Price | $890,000 |
| Square Footage | 2,944 |
| Acres | 0.06 |
| Year Built | 1945 |
| Type | Residential Income |
| Sub-Type | 2 Family |
| Status | Under Contract |
Community Information
| Address | 79 Nichol Avenue |
|---|---|
| City | New Brunswick |
| County | Middlesex |
| State | NJ |
| Zip Code | 08901 |
Amenities
| Utilities | Electricity Connected, Natural Gas Connected |
|---|---|
| Parking | On Street, See Remarks |
| Is Waterfront | No |
| Has Pool | No |
Interior
| Interior Features | Unit 1(Dining Room,Kitchen,5+ Bedrooms,1 Bath,Living Room,Den/Family Room), Unit 2(4 Bedrooms,Kitchen,1 Bath,Living Room,See Remarks,Den/Family Room) |
|---|---|
| Appliances | Water Heater(See Remarks,Gas), Water Heater, Unit 1(Range/Oven,Refrigerator), Unit 2(Range/Oven,Refrigerator) |
| Heating | Radiant, Radiators-Steam |
| Cooling | A/C Window Unit(s), Unit 1(A/C Unit), Unit 2(A/C Unit) |
| Fireplace | No |
| # of Stories | 4 |
| Has Basement | Yes |
| Basement | Full, Bath Half, Utility Room, Laundry Facilities |
Exterior
| Exterior Features | Porch(es) - Enclosed, Curbs, Sidewalk, Yard, Porch |
|---|---|
| Lot Description | Corner Lot, See Remarks, Near Public Transit |
| Roof | Asphalt |
Additional Information
| Days on Market | 26 |
|---|---|
| Zoning | R-5A |
Listing Details
| Office | RE/MAX FIRST REALTY, INC. |
|---|