14-16 SUSSEX ST Newton, NJ 07860

$359,500
14-16 SUSSEX ST, Newton, NJ 07860
3459672

Multi-Family Home for sale in Newton, NJ

for $359,500 with 6 bedrooms and 4 full baths, 1 half bath. The lot size is 0.21 Acre(s).

Property Information

  • $359,500
  • 6 Bedrooms
  • 4 Full Baths, 1 Half Bath
  • Multi-Family
  • Taxes are $10,425
  • Duplex
  • Active
  • Lot size of 0.21 Acre(s)
  • Newton, NJ
  • Sussex County
  • MLS/Web ID is 3459672
  • Price Reduced

Description

CALLING ALL INVESTORS OR OWNER OCCUPANTS WHO WANT GREAT RENTAL INCOME. CAP RATE OF ABOUT 9% AND FULLY OCCUPIED WITH CO-OPERATIVE TENANTS. SEPARATE ELECTRIC AND HEAT. WALKING DISTANCE TO NEWTON TOWN SQUARE FOR SHOPPING AND OTHER SERVICES. DELAYED SHOWING (APRIL 22nd).

Interior 6

Basement

  • Basement
  • Full Basement
  • Partially Finished

Cooling System

  • Window Unit(s)

Flooring

  • Carpet(s)
  • Tile Flooring

Heating Source

  • Natural Gas

Heating System

  • 4+ Units

Water Source

  • Public Water

Exterior 4

Driveway

  • Blacktop
  • Exclusive

Parking

  • 1-20 Parking Spaces
  • Off Street Parking

Roof

  • Asphalt Shingles

Siding

  • Vinyl

Miscellaneous 1

Utilities

  • Natural Gas

† Excluded Feature

Neighborhood & Schools

High School: NEWTON

 See complete school information

Listed By

Listing Agent: Gracelone "Grace" Nelson
Broker: Weichert Realtors
Office: Roxbury

14-16 SUSSEX ST , Newton, NJ, 07860 is a Multi-Family Home for sale at $359,500 with a lot size of 0.21 Acre(s). 14-16 SUSSEX ST has 6 bedrooms and 4.1 baths. The property's zip code is 07860 which is in Newton, NJ

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Pricing History

Date Price Price Change Description
9/18/2018 $359,500 -4.13 % Price Change
6/9/2018 $375,000 -8.31 % Price Change
4/9/2018 $409,000 Listed Price

Market Pricing

Average % of sale price Median % of sale price
All listings in Newton $252,826 30 % below $202,000 44 % below
Multi-family listings in Newton $230,989 36 % below $219,000 39 % below

Get the facts about Newton, NJ!

Population 8,050
Population Growth (since 2000) -4 %
Median Income $50,284
Median Age 42.18
Households w/ Children 27 %

Residential Dwellings

  • Owned 1611
  • Vacant 281
  • Rented 1578

Similar Listings

Get an Immediate Callback from 9:00 AM - 10:30 PM EST
or Call us at 1-800-839-1363