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2 of 17 - 84 Mill St, Newton Town, NJ
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84 Mill St, Newton Town, NJ

$595,000

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5

Beds

3

Baths

2,302

Square feet

0.92

Acres

About 84 Mill St

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.

Features of 84 Mill St

MLS® # 3937955
Price $595,000
Bedrooms 5
Bathrooms 3.00
Full Baths 3
Square Footage 2,302
Acres 0.92
Year Built 1810
Type Multi Family
Style TwoStory
Status Active

Community Information

Address 84 Mill St
City Newton Town
County Sussex
State NJ
Zip Code 07860-1411

Amenities

Utilities Electric, Gas-Natural
Parking Spaces 9
Parking Parking Lot-Shared
Garages On Site

Interior

Heating None
Has Basement Yes
Basement Bilco-Style Door

Exterior

Exterior Vinyl Siding
Exterior Features Open Porch(es)
Roof Asphalt Shingle

School Information

High NEWTON

Additional Information

Date Listed December 13th, 2024
Days on Market 152
Zoning T-4

Listing Details

OfficeRE/MAX PLATINUM GROUP
Contact Info973-726-5700

Listing Map

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