$399,900
For Sale

8 Newton Ave

Sussex, NJ 07461
Browse 7 photos
Type:Multi-Family
Structure:3 Family
Zone:Residential

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. 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.

  • Interior Details
      • InteriorCarbon Monoxide Detector, Carpeting, Smoke Detector, Vinyl-Linoleum Floors
    • Heating & Cooling
      • Heating1 Unit, Baseboard - Electric, Forced Hot Air
      • Heating SourceElectric, OilAbIn
    • Beds & Baths
      • Bedrooms4
  • Property Details
      • Exterior FeaturesSidewalk, Thermal Windows/Doors
      • Exterior MaterialsVinyl Siding
    • Parking
      • Parking FeaturesOn-Street Parking
  • Construction Details
      • Basement DescriptionFull, Unfinished, Walkout
      • Property TypeMulti-Family
      • BasementYes
    • Condition
      • Year Built1911
    • Material information
      • RoofAsphalt Shingle
  • Utilities / Energy Details
      • Sewer InformationPublic Sewer, Sewer Charge Extra
      • ServicesGarbage Extra Charge
      • WaterPublic Water
      • Utility FeaturesElectric
      • Water HeaterElectric
  • Other
      • MLS #3923602

Location

Salvatore BocchinoReal Estate Group
$
years

Down Payment

$
%
10.0%

Interest Rate

%
6.0%

Tax Rate

%
2.6%
$
$
annually
$
monthly

Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.

Estimated Monthly Payment
$0.00
Loan Amount
$0.00