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8 Newton Ave

Sussex Boro, NJ 07461
  • $399,900
  • STATUS: Active
  • ON SITE: 32 Days
  • ID#: 3923602
UPDATED: 42 min ago
$399,900
  • 4
    BEDS
  • 0.04
    ACRES
  • 2
    BATHS
  • 1
    1/2 BATHS
  • 3,000
    SQFT
  • $133
    $/SQFT
Type:
Multi-Family
Built:
1911
County:
Area:

School Ratings & Info

Description

WOW! RENOVATED, MIXED USE BUILDING LOCATED IN DOWNTOWN SUSSEX. THIS 3 STORY BUILDING FEATURES A COMMERCIAL STORE FRONT ON THE 1ST FLOOR AND 2- 2 BEDROOM APARTMENTS ON THE 2ND AND 3RD FLOOR. THE STORE IS RENOVATED AND HAS A LEASE. THE SECOND FLOOR UNIT IS RENOVATED AND FEATURES 2 BEDROOMS, LIVING ROOM, KITCHEN AND A FULL BATHROOM. THE 3RD FLOOR UNIT FEATURES A NEW KITCHEN, 2 BEDROOMS, LIVING ROOM, KITCHEN AND A FULL BATHROOM. THE STORE FRONT IS FUELED BY OIL HEAT, THE SECOND AND THIRD FLOOR APARTMENTS ARE ELECTRIC HEAT. PUBLIC WATER AND SEWER SERVICE THE BUILDING. EACH UNIT DOES HAVE SEPARATE WATER METERS, BUT THE LANDLORD IS CURRENTLY PAYING THE WATER AND SEWER. LEASES ARE ALL READY TO RENEW AND ALL TENANTS WOULD LIKE TO STAY. SUSSEX IS AN UP-AND-COMING TOWN AND IS CLOSE TO MAJOR ROUTES AND SHOPPING. SOLID INVESTMENT WITH ROOM TO GROW.

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Garden State MLS logo © 2024 Garden State Multiple Listing Service, LLC. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Keller Williams Valley Realty. Notice: The dissemination of listings on this website does not constitute the consent required by N.J.A.C. 11:5.6.1 (n) for the advertisement of listings exclusively for sale by another broker. Any such consent must be obtained in writing from the listing broker.The data relating to real estate for sale or lease on this web site comes in part from GSMLS. Real estate listings held by brokerage firms other than Keller Williams Valley Realty are marked with the GSMLS logo or an abbreviated logo and detailed information about them includes the name of the listing broker. Data last updated 2024-10-15T12:47:00.917.
www.thepaulaclarkgroup.com/homes/155079674
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8 Newton Ave Sussex Boro, NJ 07461

  • Price: $399,900
  • Status: Active
  • On Site: 32 Days
  • Updated: 42 min ago
  • ID#: 3923602
4
Beds
2
Baths
1
½ Baths
0.04
Acres
3,000
SQFT
$133
$/SQFT
1911
Built
County:
Sussex
Area:
Sussex Boro
Property Description
WOW! RENOVATED, MIXED USE BUILDING LOCATED IN DOWNTOWN SUSSEX. THIS 3 STORY BUILDING FEATURES A COMMERCIAL STORE FRONT ON THE 1ST FLOOR AND 2- 2 BEDROOM APARTMENTS ON THE 2ND AND 3RD FLOOR. THE STORE IS RENOVATED AND HAS A LEASE. THE SECOND FLOOR UNIT IS RENOVATED AND FEATURES 2 BEDROOMS, LIVING ROOM, KITCHEN AND A FULL BATHROOM. THE 3RD FLOOR UNIT FEATURES A NEW KITCHEN, 2 BEDROOMS, LIVING ROOM, KITCHEN AND A FULL BATHROOM. THE STORE FRONT IS FUELED BY OIL HEAT, THE SECOND AND THIRD FLOOR APARTMENTS ARE ELECTRIC HEAT. PUBLIC WATER AND SEWER SERVICE THE BUILDING. EACH UNIT DOES HAVE SEPARATE WATER METERS, BUT THE LANDLORD IS CURRENTLY PAYING THE WATER AND SEWER. LEASES ARE ALL READY TO RENEW AND ALL TENANTS WOULD LIKE TO STAY. SUSSEX IS AN UP-AND-COMING TOWN AND IS CLOSE TO MAJOR ROUTES AND SHOPPING. SOLID INVESTMENT WITH ROOM TO GROW.
Exterior Features

Approximate Lot Size 25X64 Color Of Building WHITE Exterior Description Vinyl Siding Exterior Features SidewalkThermal Windows/Doors Lot Description Level Lot Number Of Parking Spaces 0 Parking Driveway Description On-Street Parking Roof Description Asphalt Shingle

Interior Features

Basement Yes Basement Description FullUnfinishedWalkout Cooling Wall A/C Unit(s) Heating 1 UnitBaseboard - ElectricForced Hot Air Interior Features Carbon Monoxide DetectorCarpetingSmoke DetectorVinyl-Linoleum Floors Total Number Of Rooms 16 Unit1 Appliances Equipment Carbon Monoxide DetectorSmoke Detector Unit1 Baths 1.0 Unit1 Bedrooms 0 Unit1 Fireplaces 0 Unit1 Handicap Modified No Unit1 Levels 1 Unit1 Room Description See Remarks Unit1 Rooms 3 Unit1 Security Deposit 1275 Unit1 Sq Ft 1100 Unit2 Appliances Equipment CarbMDetCookElecMicrowavRefrigSmokeDet Unit2 Baths 1.0 Unit2 Bedrooms 2 Unit2 Fireplaces 0 Unit2 Levels 1 Unit2 Room Description BedroomsEat-In KitchenLiving Room Unit2 Rooms 5 Unit2 Sq Ft 900 Unit3 Baths 1.0 Unit3 Bedrooms 2 Unit3 Fireplaces 0 Unit3 Levels 1 Unit3 Room Description BedroomsEat-In KitchenLiving Room Unit3 Rooms 5 Unit3 Sq Ft 900

Property Features

Assessment Total 206000 Building Assessment 162000 Easement Unknown Expenses Include Cold WaterInsuranceTaxes Farm Assessment No Fha Age Restricted No Fuel Type ElectricOilAbIn Gross Operating Income 40140 Home Warranty No Land Assessment 44000 Net Operating Income 25140 Renovated Year 2022 Services Garbage Extra Charge Sewer Public SewerSewer Charge Extra Tax Amount 7271 Tax Rate Amount 3.530 Tax Rate Year 2023 Tax Year 2023 Total Operating Expense 15000 Unit Style 3-Three Story Unit1 Lease Expiration 2024-07-31 Unit1 Owner Tenant Pays Owner Pays WaterTenant Pays ElectricTenant Pays Heat Unit1 Rent 800 Unit2 Handicap Modified No Unit2 Lease Expiration 2024-03-15 Unit2 Owner Tenant Pays Owner Pays WaterTenant Pays ElectricTenant Pays Heat Unit2 Rent 1600 Unit2 Security Deposit 2325 Unit3 Handicap Modified No Unit3 Lease Expiration 2024-03-15 Unit3 Owner Tenant Pays Owner Pays WaterTenant Pays ElectricTenant Pays Heat Unit3 Rent 945 Unit3 Security Deposit 815 Utilities Electric Water Public Water Water Heater Electric Year Built Description Approximate Zoning C-1

Listing information © 2024 Garden State Multiple Listing Service,LLC.
Listing provided courtesy of Re/Max Diamond Properties: 973-625-0450.


Garden State MLS logo © 2024 Garden State Multiple Listing Service, LLC. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Keller Williams Valley Realty. Notice: The dissemination of listings on this website does not constitute the consent required by N.J.A.C. 11:5.6.1 (n) for the advertisement of listings exclusively for sale by another broker. Any such consent must be obtained in writing from the listing broker.The data relating to real estate for sale or lease on this web site comes in part from GSMLS. Real estate listings held by brokerage firms other than Keller Williams Valley Realty are marked with the GSMLS logo or an abbreviated logo and detailed information about them includes the name of the listing broker. Data last updated 2024-10-15T12:47:00.917.
 
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