Listing Courtesy of: 973-625-0450 - JOSEPH MORREALE - RE/MAX SELECT
973-625-0450
$399,900
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8 NEWTON AVE Sussex, NJ 07461
Multi-Family
Residence
4
Beds
3
Baths
3,000
Sq. Ft.
0.04
Acre
Lot
Property Activity
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days
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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 ROO...M, 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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MLS#
3923602
Property Type
Multi-Family
Bedrooms
4
Bathrooms
2 Full/1 Half
Year Built
1911
Square Feet
3,000
sq. ft
Lot Size
0.04
Stories
3.0
Sewer
Public Sewer
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