120 High St Under Contract Save Request In-Person Tour Request Virtual Tour
Newton Town,NJ 07860
Key Details
Property Type Multi-Family, Commercial
Listing Status Under Contract
Purchase Type For Sale
Square Footage 3,996 sqft
Price per Sqft $168
MLS Listing ID 3943042
Style 3-Three Story
Bedrooms 6
Full Baths 4
Annual Tax Amount $15,151
Tax Year 2024
Lot Size 0.290 Acres
Property Description
Prime investment opportunity!! 4 unit property in the heart of historic Newton. This exceptional multi-family property is the perfect addition to your investment portfolio. Each unit is well-maintained, easy layout with modern updates, ensuring consistent tenant satisfaction and steady rental income. The property includes:(2) 2-bedroom, 1-bath apartments, and (2) 1-bedroom, 1-bath apartments. All units are currently tenant occupied and generating a strong cash flow. Private off-street parking for tenants and guests, plus 4 separate garage spaces all currently rented separate from the tenant leases. A shared backyard for outdoor relaxation. Close proximity to schools, shopping centers, and public transportation, ensuring high demand for rentals in the area. This property has a strong rental history, with long-term tenants and minimal vacancy.
Location
State NJ
County Sussex
Rooms
Basement Unfinished
Interior
Interior Features Carbon Monoxide Detector, High Ceilings
Heating OilAbIn
Cooling See Remarks
Heat Source OilAbIn
Exterior
Exterior Feature Vinyl Siding
Parking Features Detached Garage
Garage Spaces 4.0
Utilities Available See Remarks
Roof Type Asphalt Shingle
Building
Lot Description Level Lot, Open Lot
Sewer Public Sewer
Water Public Water
Architectural Style 3-Three Story
Schools
Elementary Schools Newton
Middle Schools Newton
High Schools Newton
Others
Senior Community No