Recently Listed Open House 11/15 12pm - 2pm
36 Mill St
Newton, NJ, 07860 $ 465,000
Bedrooms7 Baths2.0 Sq 2,322 Monthly Estimate*
$ 3,212
for $465,000 with 7 bedrooms and 2 full baths. This 2,322 square foot home was built in 1900 on a lot size of 0.11.
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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Open House
11/15/2026 12:00 PM - 2:00 PM
* Some states or local ordinances may prohibit Open Houses at this time, please confirm with your Weichert agent or local rep to confirm
FeaturesInteriorInterior Amenities Carbon Monoxide Detector Fire Extinguisher Smoke Detector
Basement Crawl Space
Unit 1 Baths Total 1.0
Unit 1 Beds Total 4
Unit 2 Baths Total 1.0
Unit 2 Beds Total 4
Fuel Type Gas-Natural
Half Baths 0
Total Bedrooms 7
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GeneralSewer Public Sewer
Heating 2 Units
Cooling Window A/C(s)
Utilities Electric Gas-Natural
Possession POT
Roof Asphalt Shingle
Water Heater Electric
Zoning Residential
Garage Spaces 0
Architectural Style 2-Two Story
Year Built 1900
Township Newton Town
Tax Year 2025
Gross Income 58800
County Sussex
Net Operating Income 40375
Operating Expense 18425
Subdivision Name Downtown
Total Rooms 13
Full Baths 2
Status Active
Directions Route 206 to Mill Street to #36
Open Parking Spaces 2
Number Of Units Total 2
Elementary School NEWTON
Tax Annual Amount 10025
Home Warranty Y/N No
Middle/Junior High School NEWTON
Drive Blacktop Crushed Stone
Standard Status Active
Tax Assessed Value 397300
Town # 2817
Tax Lot 8
Farm Assessment No
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ExteriorExterior Amenities Open Porch(es) Storm Door(s)
Lot Features Open Lot
Water Source Public Water
Exterior Description Vinyl Siding
Building Area Total 2322
Lot Dimensions 00000.114 AC.
Lot Size Acres 0.11
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* Excluded FeaturesList ByJEANNETTE BURKEListing Agent
Realty Executives ExceptionalBroker
burke.jeannette@gmail.comEmail
Affordability Calculator
- Monthly Principal & Interest
- $3,212
- Monthly Property Taxes
- $835
- Monthly Home Insurance
- --
Default based on a 30-year fixed rate of 7.375% 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 NearbyMulti-family listings in Newton, NJ
Average List Price $438,333
Percent of Sale Price 6%
About Newton, NJ 8,069 Population
-3% Since 2002
$ 54,413 Median Income
42.2 Median Age
23% Households with Children
Trends Information provided by ATTOM Data Solutions.
5604489 Elementary School
5604487 Middle School
Unknown High School High School
Pricing History| Date | Price | Price Change | Description |
|---|
| 11/11/2026 | $465,000 | | Listed Price |
36 Mill St, Newton, NJ, 07860 is a Multi-Family Home for sale at $465,000 with 2,322 sqft and a lot size of 0.11. 36 Mill St has 7 bedrooms, 2.0 baths, and was built in 1900. The property's zip code is 07860 which is in Newton, NJ