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8 Newton Ave, Sussex, NJ 07461
$399,900
8 Newton Ave, Sussex, NJ 07461View this property at 8 Newton Ave, Sussex, NJ 07461
8 Newton AveSussexNJ07461
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Property 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.
Full Property Details
Full Property Details for 8 Newton Ave
General
- Price: $399,900
- Taxes: $7,271 (2023)
- Status: Active
- Type: Multi-Family
- MLS ID: 3888833
- Updated: 4/5/2024
- Added to Site: 61 day(s) ago
Interior
- Number of Rooms: 16
- Interior Features: Carbon Monoxide Detector, Carpeting, Smoke Detector, Vinyl-Linoleum Floors
Rooms
Bathrooms
- Total Bathrooms: 3
- Full Bathrooms: 2
- Half Bathrooms: 1
Bedrooms
- Total Bedrooms: 4
Exterior
- Exterior Features: Sidewalk, Thermal Windows/Doors
- Color: WHITE
Location
- County: Sussex
- Driving Directions: 8 NEWTON AVE, SUSSEX
Heating & Cooling
- Cooling Type: Wall A/C Unit(s)
- Heating Type: 1 Unit, Electric Baseboard, Forced Hot Air
- Heating Fuel: Electric, OilAbIn
- Water Heater: Electric
Utilities
- Sewer: Public Sewer, Sewer Charge Extra
- Water: Public Water
- Utility Description: Electric, Garbage Extra Charge
Structural Information
- Architectural Style: 3-Three Story
- Exterior Const.: Vinyl Siding
- Basement: Yes
- Basement Desc.: Full, Unfinished, Walk-Out
- Roof: Asphalt Shingles
- Square Feet: 3,000
- Year Built: 1911
- Remodeled/Updated: 2022
Unit Information
Unit 1
- Unit Description: See Remarks
- Square Feet: 1100
- Levels/Stories: 1
- Total Bathrooms: 1
Unit 2
- Unit Description: Bedrooms, Eat-In Kitchen, Living Room
- Square Feet: 900
- Levels/Stories: 1
- Total Bathrooms: 1
- Bedrooms: 2
Unit 3
- Unit Description: Bedrooms, Eat-In Kitchen, Living Room
- Square Feet: 900
- Levels/Stories: 1
- Total Bathrooms: 1
- Bedrooms: 2
Lot Features
- Lot Size (Acres): 0.04
- Lot Dimensions: 25 x 64
- Driveway/Sidewalk: On-Street Parking
- Zoning: C-1
- Lot Description: Level Lot
Financial Considerations
- Expenses: Cold Water, Insurance, Taxes
- Operating Expenses: $15,000
- Assessment Amount: $162,000
- Land Assmt: $44,000
- Tax Amount: $7,271
- Tax Year: 2023
Disclosures and Reports
- Block: 701.01
- Lot Number: 7
Listed by Re/Max Select
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Schools
Schools serving 8 Newton Ave
School Districts:Sussex-Wantage Regional Schools, High Point Regional Schools
Rating | Name | Grades | Distance |
---|---|---|---|
Clifton E Lawrence
31 Ryan Rd, Wantage, NJ 07461 | PK-2 | 1.4 mi | |
815 State Rt 23, Sussex, NJ 07461 | 3-5 | 1.5 mi | |
10 Loomis Ave, Sussex, NJ 07461 | 6-8 | 0.2 mi | |
299 Pidgeon Hill Rd, Sussex, NJ 07461 | 9-12 | 2 mi |
Disclaimer: School ratings provided by
GreatSchools. Ratings are on a scale of 1-10.
Learn more about GreatSchools ratings.
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 8 Newton Ave
Date
Details
Price
Change
Source
3/03/2024
Listed
$399,900
77.73%
MLS
3/04/2022
Sold
$225,000
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 8 Newton Ave
Year
Property Taxes
Change
Tax Assessment
Change
2022
$7,035
1%
$206,000
—
2021
$6,967
4%
$206,000
—
2020
$6,711
1%
$206,000
—
2019
$6,637
-1%
$206,000
—
2018
$6,728
2%
$206,000
—
2017
$6,571
—
$206,000
—
2016
$6,543
6%
$206,000
—
2015
$6,168
2%
$206,000
—
2013
$6,036
—
$206,000
—
Disclaimer: Historical tax 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 8 Newton Ave
8 Newton Ave, Sussex, NJ 07461 (MLS# 3888833) is a Multi-Family property with 3 units containing 4 bedrooms, 2 full bathrooms and 1 partial bathroom. 8 Newton Ave is currently listed for $399,900 and was received on March 03, 2024. Want to learn more about 8 Newton Ave? Do you have questions about finding other Multi-Family real estate for sale in Sussex? You can browse all Sussex real estate or contact a Coldwell Banker agent to request more information.