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$399,000
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Property Description
Excellent investment opportunity! This fully rented two-family home is zoned Highway Commercial, offering a rare blend of residential income with future commercial potential. The property provides guaranteed income with two units. The first-floor unit features 2 bedrooms and 1 full bath, while the second-floor unit offers 3 bedrooms and 1 full bath. Ample off street parking. Both units are currently leased with guaranteed payments from the state. Ideal for investors seeking stable cash flow in a high-visibility location, with zoning flexibility for long-term appreciation or redevelopment.
Full Property Details
Full Property Details for 142 Rt 23
General
- Price: $399,000
- Taxes: $8,795 (2024)
- Status: Active
- Type: Multi-Family
- Source: Garden_State
- MLS ID: 4003910
- Updated: 1/7/2026
- Added to Site: 9 day(s) ago
Interior
- Number of Rooms: 10
Rooms
Bathrooms
- Total Bathrooms: 2
- Full Bathrooms: 2
Bedrooms
- Total Bedrooms: 5
Exterior
- Exterior Features: Open Porch(es)
- Color: beige
Location
- County: Sussex
- Driving Directions: Route 23 in Hanburg Boro between Urban St. and King Cole
School Information
- Elementary School: Hamburg
- Middle School: Hamburg
- High School: Wallkill Valley
Heating & Cooling
- Cooling Type: Window A/C(s)
- Heating Type: 2 Units, Baseboard - Hotwater
- Heating Fuel: Natural Gas
Utilities
- Sewer: Public Sewer, Sewer Charge Extra
- Water: Public Water
- Utility Description: Electric, Natural Gas, Cable TV Available, Garbage Extra Charge
Structural Information
- Architectural Style: 2-Two Story
- Exterior Const.: Vinyl Siding
- Basement: Yes
- Basement Desc.: Unfinished, Walk-Out
- Roof: Asphalt Shingles
- Square Feet: 2,000
- Year Built: 1950
Unit Information
Unit 1
- Unit Description: Bedrooms, Kitchen, Living/Dining Room
- Square Feet: 800
- Levels/Stories: 1
- Total Bathrooms: 1
- Bedrooms: 2
Unit 2
- Unit Description: Bedrooms, Kitchen, Living Room
- Square Feet: 1200
- Levels/Stories: 2
- Total Bathrooms: 1
- Bedrooms: 2
Lot Features
- Lot Size (Acres): 0.33
- Lot Dimensions: 100 x 156
- Driveway/Sidewalk: Circular
- Zoning: HC
Financial Considerations
- Expenses: Insurance, Maintenance, Taxes
- Assessment Amount: $132,400
- Land Assmt: $45,000
- Tax Amount: $8,795
- Tax Year: 2024
Disclosures and Reports
- Block: 12
- Lot Number: 3
Buyer's Brokerage Compensation: Contact Listing Agent
Not binding unless confirmed by separate agreement among applicable parties.
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Schools
Schools serving 142 Rt 23
School Districts:Hamburg Borough School District, Wallkill Valley Regional School District
| Name | Grades | Distance |
|---|---|---|
Hamburg Elementary School 30 Linwood Avenue, Hamburg, NJ 07419 | PK-8 | 0.6 mi |
Wallkill Valley Reg High School 10 Grumm Road, Hardyston, NJ 07419 | 9-12 | 1.2 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 142 Rt 23
Date
Details
Price
Change
Source
1/07/2026
Listed
$399,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 142 Rt 23
142 Rt 23, Hamburg, NJ 07419 (MLS# 4003910) is a Multi-Family property with 2 units containing 5 bedrooms and 2 full bathrooms. 142 Rt 23 is currently listed for $399,000 and was received on January 07, 2026. This property is listed by Marjorie Morville from our Sparta Office.Want to learn more about 142 Rt 23? Do you have questions about finding other Multi-Family real estate for sale in Hamburg? You can browse all Hamburg real estate or contact a Coldwell Banker agent to request more information.


