84 Mill St
Newton Town, NJ 07860
Price: $595,000
GSMLS: 3937955Type: Multi-Family
Style: 2-Two Story
Total Units: 2
Beds: 5
Baths: 3 Full
Garage: No
Year Built: 1810
Acres: 0.92
Property Tax: $11,066
Description
Welcome To 84 Mill St In Newton, Nj! This Recently Renovated Two-family Home Offers A Fantastic Opportunity For Homeowners And Investors Alike. Located Conveniently In Town, It Is Close To Schools, Shopping, And Essential Services, Providing Easy Access To Everyday Needs. The Property Generates An Impressive $61,000. In Annual Gross Rental Income, Making It An Attractive Investment. Each Unit Has Been Thoughtfully Updated, And The Home Boasts A Large Private Yard Perfect For Outdoor Enjoyment. Ample Multi-car Parking Adds To Its Convenience. Whether You're Looking For A Great Investment Property Or A Comfortable Place To Call Home With Rental Income Potential, This Property Checks All The Boxes! Home Back On The Market. Buyer Could Not Perform. Excellent Income With Goi At $61,200 Per Year. Estimated Noi At $48,900 = 8% Cap Rate. And 116.66 Gross Rent Multiplier.
General Info
Style:
2-Two Story
SqFt Building:
2,302
Total Rooms:
11
Basement:
Yes - Bilco-Style Door
Interior:
n/a
Roof:
Asphalt Shingle
Exterior:
Vinyl Siding
Lot Size:
n/a
Lot Desc:
n/a
Parking
Garage Capacity:
No
Description:
On Site
Parking:
Parking Lot-Shared
Spaces Available:
9
Unit 1
Bedrooms:
2
Bathrooms:
1
Total Rooms:
6
Room Description:
Bedrooms, Dining Room, Kitchen, Living Room
Levels:
1
Square Foot:
n/a
Fireplaces:
n/a
Appliances:
Range/Oven - Electric, Refrigerator, Smoke Detector
Utilities:
Tenant Pays Electric, Tenant Pays Heat, Tenant Pays Water
Handicap:
No
Unit 2
Bedrooms:
3
Bathrooms:
2
Total Rooms:
5
Room Description:
Bedrooms, Dining Room, Kitchen, Living Room
Levels:
1
Square Foot:
n/a
Fireplaces:
n/a
Appliances:
Range/Oven - Electric, Refrigerator, Smoke Detector
Utilities:
Tenant Pays Electric, Tenant Pays Heat, Tenant Pays Water
Handicap:
No
Unit 3
Bedrooms:
n/a
Bathrooms:
n/a
Total Rooms:
n/a
Room Description:
n/a
Levels:
n/a
Square Foot:
n/a
Fireplaces:
n/a
Appliances:
n/a
Utilities:
n/a
Handicap:
n/a
Unit 4
Bedrooms:
n/a
Bathrooms:
n/a
Total Rooms:
n/a
Room Description:
n/a
Levels:
n/a
Square Foot:
n/a
Fireplaces:
n/a
Appliances:
n/a
Utilities:
n/a
Handicap:
n/a
Utilities
Heating:
Baseboard - Electric
Heating Fuel:
None
Cooling:
None
Water Heater:
n/a
Water:
Public Water
Sewer:
Public Sewer
Utilities:
Electric, Gas-Natural
Services:
n/a
School Information
Elementary:
n/a
Middle:
n/a
High School:
NEWTON
Community Information
County:
Sussex
Town:
Newton Town
Neighborhood:
n/a
Financial Considerations
List Price:
$595,000
Tax Amount:
$11,066
Land Assessment:
$73,100
Build. Assessment:
$332,700
Total Assessment:
$405,800
Tax Rate:
2.73
Tax Year:
2024
Listing Information
MLS ID:
3937955
List Date:
12-13-2024
Days On Market:
113
Listing Broker:
RE/MAX PLATINUM GROUP
Listing Agent:
Request More Information
Shawn and Diane Fox
RE/MAX American Dream
3108 Route 10 West
Denville, NJ 07834
Call: (973) 277-7853
Web: FoxHomeHunter.com
