new - 4 days on rocket

51 Jones Ave, New Brunswick, NJ, 08901

$580,000

Home List Price

$6,888*

Closing Credit

0 Baths
1,810 SqFt
$320/SqFt
Multi

Location

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51 Jones Ave, New Brunswick$580,000

Buyer Closing Credits

$6,888*

1.25% Loan Amount

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Property Highlights

Home TypeMulti Family
Year Built1900
MLS #2506056R
StatusActive

About 51 Jones Ave

This two unit rental is an incredible investment opportunity located in close proximity to Cook Campus on Rutgers University. Multi-family home boasts a total of 6 bedrooms, with 3 bedrooms and 1 bath in each of the two units. Current leases on both units run from June 2024-May 2025. Home has be fully rented the past 20 years. 1st floor unit is legal for 4 occupants and rents for $2,500 per month. The second floor unit is legal for 3 occupants and rents for $2,345 per month. Tenants pay all utilities. Attic is legal for recreation and storage space. Full basement includes laundry. Ample parking on property. This is an AS IS sale.

Property Details

Property Features

Property Information:

  • Year Built: 1900
  • Stories: 2
  • Living Area: 1,810 SqFt

Listing Office:

  • Office Name: OBRIEN REALTY LLC

Interior Features

Interior Information:

  • Basement: No
  • Interior: Unit 1(3 Bedrooms, Kitchen, 1 Bath, 1 1/2 Baths, 2+ Baths), Unit 2(3 Bedrooms, Kitchen, 1 Bath)

Price Information

Listing Price Info

Price Summary:

  • List Price: $580,000
  • Price Per SqFt: $320/SqFt

Tax Information:

  • Annual Amount: $8,455
  • Tax Year: 2020
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Housing Market Comparison

See how this home compares to others in New Brunswick, NJ.

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New Brunswick, NJ

City

Med. Sold Price

$411K

Med. Price/SqFt

$309

Avg. Days On Market

64

# of Sold Homes

15

51 Jones Ave vs New Brunswick

4 DAYS ON ROCKET

-60 Days

$580,000

+$169K More

$320/SqFt

+$11 More

KEY TAKEAWAY

This property is $169K more than the Median Sold Price and $11/SqFt more than other homes in New Brunswick, NJ.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: CJMLS API
  • MLS Number: #2506056R

Listing Office:

  • Office Name: OBRIEN REALTY LLC

IDX The data relating to real estate for sale on this web-site comes in part from the Internet Listing Display database of the CENTRAL JERSEY MULTIPLE LISTING SYSTEM. Real estate listings held by brokerage firms other than this site-owner are marked with the ILD logo. The CENTRAL JERSEY MULTIPLE LISTING SYSTEM does not warrant the accuracy, quality, reliability, suitability, completeness, usefulness or effectiveness of any information provided. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify properties the consumer may be interested in purchasing or renting. Copyright 2024, CENTRAL JERSEY MULTIPLE LISTING SYSTEM. All Rights Reserved. The CENTRAL JERSEY MULTIPLE LISTING SYSTEM retains all rights, title and interest in and to its trademarks, service marks and copyrighted material.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 11/13/2024, 1:20:48 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Jun 29, 1995Home Sold
$140,000

Tax History

YEARPROP. TAXASSESSMENT
2020$8,455$457,900
2019$10,843$457,900
2018$10,843$457,900
2017$10,413$457,900

History based on county public records data.

Payment Calculator

$2,962

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,805

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NMLS#3030

Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-285489
4
/10

  • Lord Stirling Community School

  • 101 Redmond St

  • 0.36 miles

  • Public District Grades PK-5

school-card-donut-285490
2
/10

  • A.C. Redshaw Elemmentary School

  • 216 Livingston Ave

  • 0.53 miles

  • Public District Grades PK-5

school-card-donut-285491
2
/10

  • Livingston Elemmentary School

  • 206 Delavan St

  • 0.55 miles

  • Public District Grades KG-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $40,250. Residents of New Brunswick, NJ typically earn between $35k-100k each year. The majority of families are single, no kids. Most residents in this area have high school diploma education.

All data provided by Home Junction and Claritas

Rocket Homes›New Jersey›Middlesex County›New Brunswick›08901›51 Jones Ave

This home is located at 51 Jones Ave in New Brunswick, NJ and zip code 08901. This 1,810 square foot home was built in 1900. It has been listed on Rocket Homes since November 08, 2024 and is currently priced at $580,000.

Over 8 listings were sold over their listed price in October 2024 in New Brunswick, NJ. In the same period over 3 listings were sold below the listed price and 4 listings were sold for the listed price. Between September 2024 and October 2024, New Brunswick, NJ real estate market has seen increase in the number of listings by 15.8%. The median list price of listings available in October 2024 was $411,000, while the average time on the real estate market was 64 days.

From Rocket Homes Real Estate and based on county public records data.

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