79 Nichol Ave New Brunswick, NJ 08901
Estimated payment $5,835/month
Highlights
- Property is near public transit
- Private Yard
- Air Conditioning
- Corner Lot
- Enclosed Patio or Porch
- Utility Room
About This Home
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.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $13,613
Year Built
- Built in 1945
Lot Details
- 2,662 Sq Ft Lot
- Lot Dimensions are 95.00 x 28.00
- Corner Lot
- Private Yard
Parking
- On-Street Parking
Home Design
- Asphalt Roof
Interior Spaces
- 2,944 Sq Ft Home
- 4-Story Property
- Utility Room
Basement
- Basement Fills Entire Space Under The House
- Finished Basement Bathroom
- Laundry in Basement
Utilities
- Air Conditioning
- Window Unit Cooling System
- Radiator
- Water Heater
Additional Features
- Enclosed Patio or Porch
- Property is near public transit
Community Details
- 2 Separate Electric Meters
- 2 Separate Gas Meters
- 2 Separate Water Meters
Map
Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $14,020 | $535,300 | $116,100 | $419,200 |
| 2024 | $13,613 | $535,300 | $116,100 | $419,200 |
| 2023 | $13,613 | $535,300 | $116,100 | $419,200 |
| 2022 | $13,324 | $535,300 | $116,100 | $419,200 |
| 2021 | $9,884 | $535,300 | $116,100 | $419,200 |
| 2020 | $13,222 | $535,300 | $116,100 | $419,200 |
| 2019 | $12,970 | $535,300 | $116,100 | $419,200 |
| 2018 | $12,676 | $535,300 | $116,100 | $419,200 |
| 2017 | $12,173 | $535,300 | $116,100 | $419,200 |
| 2016 | $9,896 | $168,700 | $23,400 | $145,300 |
| 2015 | $9,660 | $168,700 | $23,400 | $145,300 |
| 2014 | $9,488 | $168,700 | $23,400 | $145,300 |
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 09/17/2025 09/17/25 | For Sale | $890,000 | -- | $302 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | -- | Old Republic Natl Title Ins | |
| Deed | $275,000 | -- |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $240,000 | Purchase Money Mortgage | |
| Previous Owner | $247,500 | No Value Available |
Source: All Jersey MLS
MLS Number: 2604500R
APN: 13-00175-0000-00008
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