Great opportunity with SUBSTANTIAL INCOME! This is a house with 2 units. Downstairs is a 2 bedroom/1 bath apartment with access to the basement. This unit can also be used as a store front or business location. Upstairs unit is a 2 bedroom/1 bath apartment with a walk up attic. Both apartments are currently rented. Oversized garage on the property provides plenty of space for a car or storage and has a loft. Lots of parking! NEW SEPTIC (2 years old), FRESHLY PAINTED, NEW FLOORING (1st floor apartment), NEW WATER SOFTENING SYSTEM (1 year old). Also listed as Residential and Commercial.
The median home value in Newton, NJ is $195,700. This is lower than the county median home value of $228,200. The national median home value is $219,700. The average price of homes sold in Newton, NJ is $195,700. Approximately 42.95% of Newton homes are owned, compared to 45.58% rented, while 11.48% are vacant. Newton real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Newton real estate agent to arrange a tour today!
Newton, New Jersey 07860 has a population of 7,937. Newton 07860 is less family-centric than the surrounding county with 30.45% of the households containing married families with children. The county average for households married with children is 33.33%.
The median household income in Newton, New Jersey 07860 is $63,661. The median household income for the surrounding county is $89,238 compared to the national median of $57,652. The median age of people living in Newton 07860 is 41.3 years.
The average high temperature in July is 83.8 degrees, with an average low temperature in January of 16.7 degrees. The average rainfall is approximately 49.1 inches per year, with 38.9 inches of snow per year.