#3959113, Listing Office: LIVX
35 Jones Ave New Brunswick, NJ 08901
Property details
About 35 Jones Ave
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!
Highlights
(Under Contract)
Virtual tour
Summary
- Full Bathrooms: 2
- Appliances: Water Heater
- Interior: Unit 1(1 Bath,2 Bedrooms,Dining Room,Kitchen,Living Room), Unit 2(1 Bath,2 Bedrooms,Dining Room,Kitchen,Living Room)
- Total Bedroom Count: 4
- Heating: Forced Air
- Cooling: Other
- List Price: $548,888
- Price/SqFt: $274
- Annual Tax Amount: $9,765
- Tax Year: 2024
- Lot: Near Public Transit
- Year Built: 1920
- Stories: 2
- Living Area: 1,998 SqFt
- Lot Size: 0.1148 Acres
- MLS Number: 2560990M
- MLS Name: CJMLS API
- Office Name: RED DOOR REAL ESTATE
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Last updated on: 5/2/2025, 10:20:49 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$548,888
35 Jones Ave
$6,518
closing credit¹
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Price information
Property sales
Date | Event | Price |
---|---|---|
Feb 24, 2004 | Home Sold | $355,000 |
Tax history
Year | Assessment | Property Tax |
---|---|---|
2024 | $384,000 | $9,765 |
2022 | $384,000 | $9,557 |
2021 | $384,000 | $9,519 |
2020 | $384,000 | $9,304 |
2019 | $384,000 | $9,093 |
History based on county public records data.
Nearby schools
4
Lord Stirling Community School
Public District PK-5
0.3 mi
•101 Redmond St
2
A.C. Redshaw Elemmentary School
Public District PK-5
0.6 mi
•216 Livingston Ave
2
Roosevelt Elemmentary School
Public District KG-5
0.6 mi
•83 Livingston Ave
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $40,250. Most New Brunswick, NJ residents have annual incomes between $35k-100k. The majority of families are single, no kids. The majority of residents in this area have high school diploma education.
Similar homes for sale
This home is located at 35 Jones Ave in New Brunswick, NJ and zip code 08901. This 1,998 square foot home, which was built in 1920, sits on a 0.11 acre lot. Features: 4 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since February 12, 2025 and is currently priced at $548,888.
In April 2025, from all listings sold in New Brunswick, NJ there were more than 6 sold above asking price, over 4 sold below and more than 2 were sold right at the asked price. The inventory of homes for sale in New Brunswick, NJ between March and April 2025 increased by 22.2%. Listings spent 53 days on the market in April 2025, and had a median list price of $426,000 during the same period.