91 Main St
Newton Town, NJ, 07860 $ 375,000
Bedrooms3 Baths3.1 Sq 2,462 Monthly Estimate*
$ 2,619
Multi-Family Home for sale in Newton Town, NJ
for $375,000 with 3 bedrooms and 3 full baths, 1 half bath. This 2,462 square foot home was built in 1860 on a lot size of 0.1.
MULTI-USE PROPERTY presents a lucrative opportunity for real estate investment, mixed-use building in a prime location. Conveniently near major amenities such as big box shops, Newton Hospital, and Thor Labs, this property offers a blend of residential comfort & commercial potential. Comprising of 2 residential apartments and a spacious commercial/office space, this property offers diverse income streams and flexibility for various business ventures.Apartment 1, ground level, features a cozy yet spacious layout with 1 bedroom, an inviting eat-in kitchen, a renovated bathroom, and a porch for relaxation.Apartment 2, situated one flight up, offers generous living space with 2 bedrooms and a bonus room suitable for use as a third bedroom or office.Commercial/Office Space: Ground level commercial space with three generously sized rooms & half bath. A separate entrance, located on the side of the building ensuring privacy and ease of access for business operations. Currently, the partially finished walk-out basement is rented out, generating $700 in monthly income.All on MONTH -TO-MONTH agreements which present an opportunity for rent adjustments or new lease agreements, maximizing potential revenue. Parking and Accessibility: Space for three vehicles in private driveway along with off-street parking, providing convenience for tenants and customers alike.ALL PUBLIC UTILITIES ensuring hassle-free maintenance and operation.CASH OFFERS PREFERRED BY SELLER. SELLING STRICTLY AS-IS
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FeaturesGeneralInterior Features Carbon Monoxide Detector Smoke Detector Tile Floors Wood Floors
Sewer Public Sewer
Heating 2 Units
Cooling Ceiling Fan Window A/C(s)
Utilities Gas In Street
Possession Closing
Roof Asphalt Shingle
Water Heater Gas
Exterior Features Open Porch(es) Sidewalk
Garage Spaces 0
Architectural Style 2-Two Story
Year Built 1860
Township Newton Town
Tax Year 2023
Gross Income 0
County Sussex
Net Operating Income 0
Operating Expense 0
Total Rooms 15
Status Active
Directions Corner of Main St & Elm St.
High School NEWTON
Open Parking Spaces 3
Total Units 3
Street Name Main St
Elementary School HALSTED ST
Tax Annual Amount 11032
Middle/Junior High School MERRIAM AV
Drive 2 Car Width Crushed Stone Off-Street Parking
Days on Market 45
Standard Status Active
Tax Assessed Value 245500
Town # 2817
Tax Lot 1
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InteriorBasement Finished Full Walkout
Unit 1 Baths Total 1.0
Unit 1 Beds Total 1
Unit 2 Baths Total 1.0
Unit 2 Beds Total 2
Unit 3 Baths Total 1.0
Unit 3 Beds Total 2
Fuel Type Electric Gas-Natural
Full Baths 3
Half Baths 1
Total Bedrooms 3
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ExteriorLot Features Corner
Water Source Public Water
Exterior Description Stucco
Building Area Total 2462
Lot Dimensions 00000.098 AC.
Lot Size Acres 0.10
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* Excluded FeaturesAffordability Calculator
- Monthly Principal & Interest
- $2,619
- Monthly Property Taxes
- $919
- Monthly Home Insurance
- --
Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
Learn more about how to save NearbyTrends Information provided by ATTOM Data Solutions.
3807194 Elementary School
4421016 Middle School
Newton High School High School
Pricing History| Date | Price | Price Change | Description |
|---|
| 4/23/2024 | $375,000 | -3.60% | Price Down |
| 3/9/2024 | $389,000 | | Listed Price |