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120 High St

Newton Town, NJ 07860
  • $675,000
  • STATUS: Active Under Contract
  • ON SITE: 57 Days
  • MLS #: 3943042
UPDATED: 73 min ago
$675,000
  • 6
    BEDS
  • 0.29
    ACRES
  • 4
    BATHS
  • 0
    1/2 BATHS
Type:
Multi-Family
County:
Area:

School Information

Elementary School:
Middle School:
High School:

Description

Prime investment opportunity!! 4 unit property in the heart of historic Newton. This exceptional multi-family property is the perfect addition to your investment portfolio. Each unit is well-maintained, easy layout with modern updates, ensuring consistent tenant satisfaction and steady rental income. The property includes:(2) 2-bedroom, 1-bath apartments, and (2) 1-bedroom, 1-bath apartments. All units are currently tenant occupied and generating a strong cash flow. Private off-street parking for tenants and guests, plus 4 separate garage spaces all currently rented separate from the tenant leases. A shared backyard for outdoor relaxation. Close proximity to schools, shopping centers, and public transportation, ensuring high demand for rentals in the area. This property has a strong rental history, with long-term tenants and minimal vacancy.

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Garden State MLS logo © 2025 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 Pina Nazario, Coldwell Banker Residential Brokerage. 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 Pina Nazario, Coldwell Banker Residential Brokerage 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 2025-03-25T10:46:16.817.
www.pickpina.com/homes/159745645
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120 High St Newton Town, NJ 07860

  • Price: $675,000
  • Status: Active Under Contract
  • On Site: 57 Days
  • Updated: 73 min ago
  • MLS #: 3943042
6
Beds
4
Baths
0
½ Baths
0.29
Acres
County:
Sussex
Area:
Newton Town
Elementary School:
Newton
Middle School:
Newton
High School:
Newton
Property Description
Prime investment opportunity!! 4 unit property in the heart of historic Newton. This exceptional multi-family property is the perfect addition to your investment portfolio. Each unit is well-maintained, easy layout with modern updates, ensuring consistent tenant satisfaction and steady rental income. The property includes:(2) 2-bedroom, 1-bath apartments, and (2) 1-bedroom, 1-bath apartments. All units are currently tenant occupied and generating a strong cash flow. Private off-street parking for tenants and guests, plus 4 separate garage spaces all currently rented separate from the tenant leases. A shared backyard for outdoor relaxation. Close proximity to schools, shopping centers, and public transportation, ensuring high demand for rentals in the area. This property has a strong rental history, with long-term tenants and minimal vacancy.
Exterior Features

Approximate Lot Size 00000.294 AC. Exterior Description Vinyl Siding Exterior Features Deck Garage Description Detached Garage Lot Description Level LotOpen Lot Number Of Parking Spaces 8 Parking Driveway Description Additional ParkingDriveway-ExclusiveHard Surface Roof Description Asphalt Shingle

Interior Features

Basement Yes Basement Description Unfinished Cooling See Remarks Heating 1 UnitSee Remarks Interior Features Carbon Monoxide DetectorHigh Ceilings Total Number Of Rooms 16 Unit1 Appliances Equipment Carbon Monoxide Detector Unit1 Baths 1.0 Unit1 Bedrooms 1 Unit1 Fireplaces 0 Unit1 Handicap Modified No Unit1 Levels 1 Unit1 Room Description Eat-In KitchenKitchenLiving RoomMaster BedroomSee Remarks Unit1 Rooms 4 Unit1 Security Deposit 0 Unit1 Sq Ft 999 Unit2 Appliances Equipment Carbon Monoxide Detector Unit2 Baths 1.0 Unit2 Bedrooms 1 Unit2 Fireplaces 0 Unit2 Levels 1 Unit2 Room Description Eat-In KitchenKitchenLiving RoomMaster BedroomSee Remarks Unit2 Rooms 4 Unit2 Sq Ft 999 Unit3 Baths 1.0 Unit3 Bedrooms 2 Unit3 Fireplaces 0 Unit3 Levels 1 Unit3 Room Description BedroomsEat-In KitchenKitchenLiving RoomMaster BedroomSee Remarks Unit3 Rooms 4 Unit3 Sq Ft 999 Unit4 Appliances Equipment Carbon Monoxide Detector Unit4 Baths 1.0 Unit4 Bedrooms 2 Unit4 Fireplaces 0 Unit4 Levels 1 Unit4 Room Description BedroomsEat-In KitchenKitchenLiving RoomMaster BedroomSee Remarks Unit4 Rooms 4 Unit4 Sq Ft 999

Property Features

Assessment Total 578500 Building Assessment 508300 Easement Unknown Expenses Include See Remarks Fha Age Restricted No Fuel Type OilAbIn Gross Operating Income 9999 Land Assessment 70200 Net Operating Income 9999 Sewer Public Sewer Tax Amount 15151 Tax Rate Amount 2.727 Tax Rate Year 2024 Tax Year 2024 Total Operating Expense 9999 Unit Style 3-Three Story Unit1 Owner Tenant Pays Owner Pays GasOwner Pays HeatOwner Pays WaterTenant Pays Electric Unit1 Rent 0 Unit2 Handicap Modified No Unit2 Owner Tenant Pays Owner Pays GasOwner Pays HeatOwner Pays WaterTenant Pays Electric Unit2 Rent 0 Unit2 Security Deposit 0 Unit3 Handicap Modified No Unit3 Owner Tenant Pays Owner Pays GasOwner Pays HeatOwner Pays WaterTenant Pays Electric Unit3 Rent 0 Unit3 Security Deposit 0 Unit4 Handicap Modified No Unit4 Owner Tenant Pays Owner Pays GasOwner Pays HeatOwner Pays WaterTenant Pays Electric Unit4 Rent 0 Unit4 Security Deposit 0 Utilities See Remarks Water Public Water Year Built Description Unknown

Listing information © 2025 Garden State Multiple Listing Service,LLC.
Listing provided courtesy of : 973-726-0088.


Garden State MLS logo © 2025 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 Pina Nazario, Coldwell Banker Residential Brokerage. 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 Pina Nazario, Coldwell Banker Residential Brokerage 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 2025-03-25T10:46:16.817.
 
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