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8 Newton Ave

Sussex Boro, NJ 07461
  • $399,900
  • STATUS: Active Under Contract
  • ON SITE: 63 Days
  • MLS #: 3950985
UPDATED: 57 min ago
$399,900
  • 0
    BEDS
  • 0.04
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 3,000
    SQFT
  • $133
    $/SQFT
Type:
Commercial
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. THIS UNIT HAS NEW FLOORING AND FREASH PAINT. 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. SUSSEX IS AN UP-AND-COMING TOWN AND IS CLOSE TO MAJOR ROUTES AND SHOPPING. SOLID INVESTMENT WITH ROOM TO GROW. THE STORE HAS A 3 YEAR LEASE, UNIT 2 HAS A 1 YEAR LEASE, UNIT 3 IS MO. TO MO. AND WILL VACATE UPON SALE AGREEMENT

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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 2025-05-17T10:46:36.74.
www.pickpina.com/homes/161466966
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8 Newton Ave Sussex Boro, NJ 07461

  • Price: $399,900
  • Status: Active Under Contract
  • On Site: 63 Days
  • Updated: 57 min ago
  • MLS #: 3950985
0
Beds
0
Baths
0
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. THIS UNIT HAS NEW FLOORING AND FREASH PAINT. 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. SUSSEX IS AN UP-AND-COMING TOWN AND IS CLOSE TO MAJOR ROUTES AND SHOPPING. SOLID INVESTMENT WITH ROOM TO GROW. THE STORE HAS A 3 YEAR LEASE, UNIT 2 HAS A 1 YEAR LEASE, UNIT 3 IS MO. TO MO. AND WILL VACATE UPON SALE AGREEMENT
Exterior Features

Approximate Lot Size 25X64 Available Parking Spaces 0 Construction Wood Exterior Description Vinyl Siding Location Business DistrictResidential Area Lot Description Level LotOpen Lot Number Of Bays 0 Number Of Docks 0 Parking Driveway Description On-Street Parking Roof Description Asphalt Shingle

Interior Features

Basement Yes Basement Description FullUnfinished Cooling Wall A/C Unit(s) Equipment Available AppliancesKitchen AreaRestrooms - Public Floors CarpetingTileVinyl-Linoleum Heating 1 UnitBaseboard - ElectricForced Hot Air Max Ceiling Height 8 Max Door Height 7 Number Of Lavatories 1 Office Sq Ft 1100

Property Features

Expenses Include TaxesWater/Sewer For Sale Or Lease For Sale Fuel Type ElectricOilAbIn Gross Operating Income 45600 Monthly Maintenance Fee 0 Net Operating Income 30600 Owner Pays SewerWater Permitted Use MIXED USE Primary Property Type MixedUse Property Type Mixed Use Sale Includes Building & Land Sewer Public Sewer Suite Number 3 Tax Amount 7271 Tax Rate Amount 3.530 Tax Rate Year 2023 Tax Year 2023 Tenant Pays ElectricHeatHot WaterOilTrash Removal Total Operating Expense 15000 Utilities Electric Utilities Paid By Tenant Water Public Water Year Built Description ApproximateRenovated Zoning C-1

Listing information © 2025 Garden State Multiple Listing Service,LLC.
Listing provided courtesy of Re/Max Diamond Properties: 973-625-0450.


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 2025-05-17T10:46:36.74.
 
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