NJ > Newton Town
Newton Town, NJ 07860,84 Mill St
Newton Town, NJ 07860,84 Mill St
Newton Town, NJ 07860,84 Mill St
Newton Town, NJ 07860,84 Mill St
Newton Town, NJ 07860,84 Mill St
Newton Town, NJ 07860,84 Mill St
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Caitlin S. Parenteau, ABR, PSA

Caitlin S. Parenteau, ABR, PSA

Coldwell Banker Realty

+1(973) 224-4820
$ 595,000
Est. payment | /mo

5 Beds

3 Baths

2,302 SqFt

Save Video Tour
$ 595,000
Est. payment | /mo
Save Video Tour

5 Beds

3 Baths

2,302 SqFt

Key Details

Property Type Multi-Family, Commercial

Listing Status Active

Purchase Type For Sale

Square Footage 2,302 sqft

Price per Sqft $258

MLS Listing ID 3937955

Style 2-Two Story

Bedrooms 5

Full Baths 3

Year Built 1810

Annual Tax Amount $11,066

Tax Year 2024

Lot Size 0.920 Acres

Property Description

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.

Location

State NJ

County Sussex

Zoning T-4

Rooms

Basement Bilco-Style Door

Interior

Heating None

Cooling None

Heat Source None

Exterior

Exterior Feature Vinyl Siding

Parking Features On Site

Utilities Available Electric, Gas-Natural

Roof Type Asphalt Shingle

Building

Sewer Public Sewer

Water Public Water

Architectural Style 2-Two Story

Schools

High Schools Newton

Others

Senior Community No

Garden State MLS(GSMLS)
Information deemed reliable but not guaranteed. Copyright © 2025 Garden State Multiple Listing Service, L.L.C. All rights reserved.
Listed by RE/MAX PLATINUM GROUP
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"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(973) 224-4820

caitlin.parenteau@cbrealty.com

47 Route 206, Suite 2, Augusta, 07822, USA

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84 Mill St