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Cindy Huang

cindyhuangrealtor@gmail.com +1(201) 647-6663

$ 375,000

Est. payment | -/mo

3 Beds

2 Baths

1,250 SqFt

Save

$ 375,000

Est. payment | -/mo

Save

3 Beds

2 Baths

1,250 SqFt

Key Details

Property Type Multi-Family, Commercial

Listing Status Under Contract

Purchase Type For Sale

Square Footage 1,250 sqft

Price per Sqft $300

Subdivision The Address Is 9 1/2 Diller

MLS Listing ID 4045508

Style 2-Two Story

Bedrooms 3

Full Baths 2

Annual Tax Amount $8,001

Tax Year 2024

Lot Size 0.280 Acres

Property Description

Exceptional opportunity to own a well-maintained two-family home in the heart of Newton, perfect for investors or owner-occupants seeking rental income. The detached oversized one-car garage provides valuable storage and offers the potential for additional rental income. The upper unit features approximately 800 sq. ft. with 2 bedrooms, 1 full bath, living room, dining area, kitchen, laundry and storage. The lower unit offers approximately 450 sq. ft. with 1 bedroom, 1 full bath, living room, eat-in kitchen and laundry. Separate gas, electric and heating systems for each unit; only shared utility is public water, Can have 2 meters according to town. Public water, public sewer and natural gas. Recent improvements include and a newly paved driveway, a 2022 roof, 2019 furnace, 2020 electric baseboard heat in the lower unit, Fresh Paint, Updated baths and kitchens. All appliances transfer. Current rent is below market, providing an outstanding opportunity to increase future cash flow. Conveniently located near shopping, restaurants, schools, parks and major commuting routes. A rare income-producing duplex-style multi-family investment property with separate utilities, low owner expenses and strong upside potential. Larger unit left unrented for potential buyers residence. Rent half and let the other unit help pay for mortgage. Investors will easily rent the other unit.

Location

State NJ

County Sussex

Zoning MULTI

Rooms

Basement Partial

Interior

Interior Features Carbon Monoxide Detector, Carpeting, Smoke Detector, Vinyl-Linoleum Floors, Walk-In Closet

Heating Electric, Gas-Natural

Cooling None

Heat Source Electric, Gas-Natural

Exterior

Exterior Feature Vinyl Siding

Parking Features Additional 1/2 Car Garage, Detached Garage, Oversize Garage

Garage Spaces 1.0

Utilities Available Electric, Gas-Natural

Roof Type Asphalt Shingle

Garage Yes

Building

Lot Description Cul-De-Sac, Level Lot, Wooded Lot

Sewer Public Sewer

Water Public Water

Architectural Style 2-Two Story

Schools

High Schools Newton

Others

Senior Community No

Listed by EXP REALTY, LLC

Nearby Locations

"My job is to protect your interests and guide you through every step of buying, selling, or investing in New Jersey real estate."

+1(201) 647-6663

cindyhuangrealtor@gmail.com

165 Passaic Ave, Suite 205, Fairfield, New Jersey 07004, USA

9-1/2 Diller Ave Newton Town, NJ 07860