86 Main St

    Newton Town, NJ 07860
    • $325,000
    • STATUS: Active
    • ON SITE: 16 days
    • MLS #: 3597826
    $325,000
    • 10
      BEDS
    • 0.08
      ACRES
    • 3
      BATHS
    • 1
      1/2 BATHS
    • 3,626
      SQFT
    • $90
      $/SQFT
    Type:
    Multi-Family
    Built:
    1810
    County:
    Area:

    School Information

    High School:

    Description

    Fully renovated multi-family investment property. Freshly-painted, each unit has updated kitchen & baths, newer roof (2019) hardwood floors, high ceilings, full basement for storage & detached garage. Tenants pay for all utilities and building has public water, public sewer and an approximate cap rate of 9.5%---making this a great investment opportunity!

    Monthly Payment Calculator



    © 2019 Garden State Multiple Listing Service, LLC. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Prominent Properties Sotheby's International Realty. Notice: The dissemination of listings on this website does not constitute the consent required by N.J.A.C. 11:5.6.1 (n) for the advertisement of listings exclusively for sale by another broker. Any such consent must be obtained in writing from the listing broker.The data relating to real estate for sale or lease on this web site comes in part from GSMLS. Real estate listings held by brokerage firms other than Prominent Properties Sotheby's International Realty are marked with the GSMLS logo or an abbreviated logo and detailed information about them includes the name of the listing broker. Data last updated 2019-11-15T06:46:47.1.
    www.srrealestategroup.com/homes/100381451

    86 Main St Newton Town, NJ 07860

    • Price: $325,000
    • Status: Active
    • MLS #: 3597826
    10
    Beds
    3
    Baths
    1
    ½ Baths
    0.08
    Acres
    3,626
    SQFT
    $90
    $/SQFT
    1810
    Built
    County:
    Sussex
    Area:
    Newton Town
    High School:
    Newton
    Property Description
    Fully renovated multi-family investment property. Freshly-painted, each unit has updated kitchen & baths, newer roof (2019) hardwood floors, high ceilings, full basement for storage & detached garage. Tenants pay for all utilities and building has public water, public sewer and an approximate cap rate of 9.5%---making this a great investment opportunity!
    Exterior Features

    Approximate Lot Size 00000.083 AC. Color Of Building White Exterior Description Composition Siding Exterior Features SidewalkCurbsStorm Door(S) Garage Description Detached Garage Lot Description Level LotOpen Lot Number Of Parking Spaces 1 Parking Driveway Description 1 Car Width Roof Description Asphalt ShingleSlate

    Interior Features

    Basement Yes Basement Description Full Cooling Window A/C(S) Heating 2 Units Interior Features Fire ExtinguisherCarbon Monoxide DetectorHigh CeilingsSmoke Detector Total Number Of Rooms 16 Unit1 Appliances Equipment Carbon Monoxide DetectorRange/Oven - ElectricSmoke DetectorRefrigerator Unit1 Baths 2.0 Unit1 Bedrooms 6 Unit1 Fireplaces 1 Unit1 Handicap Modified No Unit1 Levels 3 Unit1 Room Description AtticDining RoomPorchBedroomsEat-In KitchenLiving Room Unit1 Rooms 9 Unit1 Security Deposit 2700 Unit1 Sq Ft 9999 Unit2 Appliances Equipment Carbon Monoxide DetectorRange/Oven - ElectricSmoke DetectorRefrigerator Unit2 Baths 1.5 Unit2 Bedrooms 4 Unit2 Fireplaces 1 Unit2 Levels 3 Unit2 Room Description AtticDining RoomPorchBedroomsEat-In KitchenLiving Room Unit2 Rooms 7 Unit2 Sq Ft 9999

    Property Features

    Assessment Total 274100 Building Assessment 220900 Building Number 86 Easement Unknown Expenses Include InsuranceTaxes Farm Assessment No Fha Age Restricted No Fuel Type OilabinGasnatur Gross Operating Income 43500 Home Warranty No Land Assessment 53200 Net Operating Income 30500 Renovated Year 2018 Services Cable Tv Available Sewer Public Sewer Tax Amount 11684 Tax Rate Amount 4.263 Tax Rate Year 2018 Tax Year 2018 Total Operating Expense 13000 Unit Style Duplex-Side By Side2-Two Story Unit1 Owner Tenant Pays Tenant Pays ElectricTenant Pays GasTenant Pays HeatTenant Pays Water Unit1 Rent 1800 Unit2 Handicap Modified No Unit2 Owner Tenant Pays Tenant Pays ElectricTenant Pays GasTenant Pays HeatTenant Pays Water Unit2 Rent 1500 Unit2 Security Deposit 2250 Utilities Gas-Natural Water Public Water Year Built Description Approximate Zoning Multi Family

    Listing information © 2019 Garden State Multiple Listing Service,LLC.
    Listing provided courtesy of Realty Executives Exceptional.


    © 2019 Garden State Multiple Listing Service, LLC. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Prominent Properties Sotheby's International Realty. Notice: The dissemination of listings on this website does not constitute the consent required by N.J.A.C. 11:5.6.1 (n) for the advertisement of listings exclusively for sale by another broker. Any such consent must be obtained in writing from the listing broker.The data relating to real estate for sale or lease on this web site comes in part from GSMLS. Real estate listings held by brokerage firms other than Prominent Properties Sotheby's International Realty are marked with the GSMLS logo or an abbreviated logo and detailed information about them includes the name of the listing broker. Data last updated 2019-11-15T06:46:47.1.
     
    Prominent Properties Sotheby's International Realty
    309 Springfield Ave
    Summit NJ, 07901