138 Jones Ave

Excellent Investment Opportunity!! RENT ROLL OF $3660. CURRENT LEASES THROUGH MAY 2024. Freshly painted 6/7 bedroom, 4 full bath Colonial style home, fully rented and minutes from the Rutgers/Cook Douglass Campus. First floor features foyer, large eat-in kitchen, spacious living room and first floor bedroom plus full bath. Second floor features 4 additional bedrooms and 2nd full bath with new shower. 3rd floor with two larger bedrooms and full bath with new stall shower. Unfinished basement with access to backyard has a bonus room and 4th full bath, laundry area plus additional storage space. Wrap around porch and generous yard, plus plenty of room for rare off street parking. This property is a legal 7 bedroom, and rent controlled up to $5k. Newer utilities. NEW SEWER LINE INSTALLED. Consistently rented. Tenants pay all utilities. Prime location with easy access to downtown New Brunswick, Rutgers University, local shopping, transportation and major highways.