Address
73 Nichol Avenue, New Brunswick, NJ
Price
$ 599,999
Property Attributes
  • ID#2700897R
  • TypeSingle Family
  • Listing Status Active
  • CountyMiddlesex
  • CityNew Brunswick
  • NeighborhoodDouglas College
  • Zip08901
  • StyleColonial
  • Year Built1920
  • Taxes$ 6854
  • Price$ 599,999
  • Bedrooms5
  • Full Bathrooms2
  • Half Bathrooms1
  • Sqr Footage1428
  • Lot Size0.109 Acres
Data Source:
All Jersey MLS
Property Description

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.

Price History
7/15/2026 Listed $630,000
8/17/2026 2$619,000
9/9/2026 3$599,999

General Features

Living Area 1428
Sewer Public Sewer
Heating Radiators-Steam
Cooling Wall Unit(s),Window Unit(s)
Utilities Underground Utilities
Roof Asphalt
Zoning R-5A
Year Built 1920
Stories Count 3
Levels Three Or More
Property Subtype Single Family Residence
Tax Year 2025
County Middlesex
Property Type Residential
Full Baths 2
Status Active
City New Brunswick
Lot Size Square Feet 4748
Tax Annual Amount 6854
Living Area Units Square Feet
Standard Status Active
Appliances Dishwasher,Dryer,Gas Range/Oven,Refrigerator,Range,Washer,Gas Water Heater
Gas Y/N Natural Gas
Virtual Tour https://www.propertypanorama.com/instaview/msx/2700897R
Garage Spaces 2
Architectural Style Colonial
Pets Allowed Yes
Ownership Fee Simple
Attached Garage false
Subdivision Name Douglas College
Garage Y/N true
Total Rooms 9
Senior Community Y/N false
Carport Y/N false
HOA Fee 2 Frequency Monthly
Property Attached Y/N false
Community Features Curbs,Sidewalks
Patio/Porch Features Deck

Interior Features

Interior Amenities 2 Bedrooms,Laundry Room,Bath Full,Storage,Family Room,Utility Room,Entrance Foyer,Kitchen,Bath Half,Living Room,Dining Room,3 Bedrooms,Bath Main
Flooring Carpet,Ceramic Tile,Parquet
Total Stories 3
Heating Y/N true
Half Baths 1
Total Baths 3
Basement Finished,Bath Full,Bedroom,Daylight,Exterior Entry,Recreation Room,Interior Entry,Utility Room,Laundry Facilities
Total Fireplaces 1
Fireplace Features Gas
Fireplace Y/N true
Total Bedrooms 5
Kitchen Features Eat-in Kitchen
Dining Room Features Formal Dining Room
Primary on Main 117
Second Bedroom Length 13
Second Bedroom Width 9
Bedroom 3 Area 91
Bedroom 3 Length 13
Bedroom 3 Width 7
Bedroom 4 Area 104
Bedroom 4 Length 13
Bedroom 4 Width 8
Dining Room Area 13
Dining Room Width 12
Living Room Area 252
Living Room Length 21
Living Room Width 12
Primary Bedroom Area 143
Primary Bedroom Length 13
Primary Bedroom Width 11
Dining Room Area 156
Kitchen Area 144
Kitchen Length 16
Kitchen Width 9

Exterior Features

Parking Features 1 Car Width,Concrete,2 Cars Deep,Garage,Detached,Garage Door Opener
Lot Features Near Public Transit
Water Source Public
Lot Size Area 0.109
Building Area Total 1428
Lot Dimensions 95.00 x 50.00
Lot Size Acres 0.109
Covered Spaces 2
Exterior Amenities Barbecue,Curbs,Deck,Sidewalk,Yard

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Single Family Average in 08901

Price
AVG $570K
$600K
Taxes
AVG $6,905
$6,854
Year Built
AVG 1931
1920

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