• 8 Newton Ave Sussex, New Jersey 07461

  • $399,900
  • 4
    Bed(s)
  • 2.5
    Baths
  • 3,000
    Sq Ft
  • 0.04
    Acre

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.

Property Type :

Multi Family

County :

Sussex

Style :

Multi Family

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Property Details

 

Interior Features

Carbon Monoxide Detector, Carpeting, Smoke Detector, Vinyl-Linoleum Floors

Utilities

Electric

Heating & Cooling

Heating: 1 Unit, Baseboard - Electric, Forced Hot Air

Cooling: Wall A/C Unit(s)

Building Information

Year Built: 1911

Construction: Vinyl Siding

Roof: Asphalt Shingle

Exterior Features

Sidewalk, Thermal Windows/Doors

Lot Information

Lot Dimensions: 25X64

Lot Size (Acres): 0.04

Level Lot

Listing Information

Possession: UPON CLOSING

Tax Information

Tax ID: 2821-00701-0001-00007-0000-

Tax Year: 2023

Parcel Number: 2821-00701-0001-00007-0000-

Taxes : 7,271

Parking Information

Parking Features: On-Street Parking

Utility Information

Electric

Water Source : Public Water

Water Heater : Electric

SEWER : Public Sewer, Sewer Charge Extra

Location Information

Direction: 8 NEWTON AVE, SUSSEX

Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
83 Newton Ave, Sussex, NJ,07461 $285,000 3 1 1,993 0.6 Acre
6 Chestnut St, Sussex, NJ,07461 $265,000 2 1 -- 0.17 Acre

ByOwner last updated this listing 05/05/2024 @ 02:49

MLS: 3888833
LISTED BY: , RE/MAX SELECT
SOURCE: Garden State MLS - New Jersey
Buyer Agency Description: The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed and if applicable, to participants of reciprocating MLS's as set forth in Association/MLS reciprocal agreements.

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