73 Nichol Avenue, New Brunswick, NJ 08901

• 5 beds |
• 3 baths |
• 1,428 sqft

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.

Listing Status:

Active

Date Added:

July 15, 2026

Data Last Updated:

July 28, 2026 at 7:07PM

Listing Office:

C-21 BARROOD REALTORS : 732-297-7900

Listing Agent:

TONY G. CHEDID :

MLS ID:

2700897R

Interior

• General: 2 BedroomsLaundry RoomBath FullStorageFamily RoomUtility RoomEntrance FoyerKitchenBath HalfLiving RoomDining Room3 BedroomsBath Main
• Appliances: DishwasherDryerGas Range/OvenRefrigeratorRangeWasherGas Water Heater
• Basement: FinishedBath FullBedroomDaylightExterior EntryRecreation RoomInterior EntryUtility RoomLaundry Facilities
• Flooring: CarpetCeramic TileParquet
• A/C: Wall Unit(s)Window Unit(s)
• Heating: Radiators-Steam
• Fireplace: GasFireplaceFireplaces: 1

Exterior

• General: BarbecueCurbsDeckSidewalkYard
• Style: Colonial
• Other Structures: Deck
• Parking: 1 Car WidthConcrete2 Cars DeepGarageDetachedGarage Door Opener

Construction

• Roofing: Asphalt
• General: 3

Location

• HOA Amenities: 0.0Monthly
• Originating MLS: CJMLS API
• County: Middlesex

Lot

• Zoning: R-5A130017500000000301

Utilities

• Utilities: Underground Utilities
• Water: Public
• Sewer: Public Sewer

Financial

• Source: CJMLS API