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(973) 809-0800
Real Estate Company
36 Mill St, Newton Town, NJ 07860
- $465,000
- 7
- BD
- 2
- BA
- List Price
- $465,000
- MLS#
- 4064110
- Year Built
- 1900
- Status
- ACTIVE
- County
- Sussex
- City
- Newton Town
- Subdivision
- Downtown
- Bedrooms
- 7
- Bathrooms
- 2
- Baths Full
- 2
- Acres
- 0.11
Property Description
Welcome to this beautifully renovated two-family home in the heart of Newton! Ideally located close to shopping, restaurants, and major roadways, this turnkey property offers an excellent opportunity for both owner-occupants and investors. Both apartments feature spacious, sun-filled interiors and stylish updates throughout. Unit A, located on the lower level, offers 4 bedrooms, a living room, and a generously sized kitchen with Shaker-style cabinetry, quartz countertops, and stainless steel appliances. The full bathroom features subway-tile finishes, quartz countertops, and a tub. Washer and dryer hookups add convenience, while a welcoming front porch completes the space. Unit B, situated on the upper level, features 3 bedrooms, a living room, and a spacious kitchen with Shaker cabinets, quartz countertops, and stainless steel appliances. The full bathroom is similarly appointed with subway tile, quartz countertops, and a tub. This unit also enjoys access to the yard. Both units are currently vacant following renovations and ready for their new occupants. Live in one unit while generating rental income from the other, or take advantage of the property's investment potential. Based on prevailing market rents, the property offers an estimated 8.7% cap rate. A fantastic opportunity to own a beautifully updated two-family home in a convenient Newton location. Come see all it has to offer! SQFT as per tax records*
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Additional Information
- Taxes
- $10,025
- Cooling
- Window A/C(s)
- Exterior
- Vinyl Siding
- Heating
- 2 Units
- Interior
- Carbon Monoxide Detector, Fire Extinguisher, Smoke Detector
- Roof
- Asphalt Shingle
- Elementary School
- NEWTON
- Middle School
- NEWTON
- Sewer
- Public Sewer
- Water
- Public Water
- Lot Description
- Open Lot
- Exterior Features
- Open Porch(es), Storm Door(s)
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Listing Courtesy Of REALTY EXECUTIVES EXCEPTIONAL, Contact: 973-670-1960
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