$399,900 Price Analysis    ♡   Sussex, NJ 07461 4 bed 3 bath 3,000 SqFt ($133/SqFt) 1,742SqFt lot. Built 1911 Listed 2024-03-04, Taxes $7,034 | ✓ USDA Eligible near Sussex, NJ Restrictions may apply due to home size |
WOW! RENOVATED
MIXED US E 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 BRAND BRAND 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.
Presented by Joseph Morreale at
RE/MAX SELECT.
Property MLS #3888833 from GardenState
Full Bathrooms: 2
1/2 Bathrooms: 1
Carpeting
Smoke Detector
Vinyl-Linoleum Floors
Basement Description: Full, Unfinished, Walkout
Heating Features: 1 Unit, Baseboard - Electric, Forced Hot Air
Heating Fuel: Electric, OilAbIn
Thermal Windows/Doors
Lot Size Acres: 0.04
Lot Size Square Feet: 1742
Bedrooms in Unit-2: 2
Bedrooms in Unit-3: 2
Total Bathrooms in Unit-1: 1.0
Total Bathrooms in Unit-2: 1.0
Total Bathrooms in Unit-3: 1.0
Total Rooms in Unit-1: 3
Total Rooms in Unit-2: 5
Total Rooms in Unit-3: 5
Unit-2 Description: Bedrooms, Eat-In Kitchen, Living Room
Unit-3 Description: Bedrooms, Eat-In Kitchen, Living Room
Unit-1 Furnished Description: Carbon Monoxide Detector, Smoke Detector
Unit-2 Furnished Description: CarbMDet, CookElec, Microwav, Refrig, SmokeDet
Unit-3 Furnished Description: Carbon Monoxide Detector, Microwave Oven, Range/Oven - Electric, Refrigerator, Smoke Detector
Unit-1 Square Feet: 1100
Unit-2 Square Feet: 900
Unit-3 Square Feet: 900
Unit 1 Total Actual Rent: 875
Unit 2 Total Actual Rent: 1550
Unit 3 Total Actual Rent: 945
Source Listing Status: Active
County: Sussex
Directions: 8 NEWTON AVE, SUSSEX
Tax Year: 2023
Source Property Type: Multi-Family
Home Warranty: No
Zoning: C-1
Source System Name: C2C
| Year | Assessments Building + Land Total | Tax |
|---|---|---|
| 2022 | $162,000 + $44,000 $206,000 | $7,034 |
| 2021 | $162,000 + $44,000 $206,000 | $6,966 |
| 2020 | $162,000 + $44,000 $206,000 | $6,711 |
| 2019 | $162,000 + $44,000 $206,000 | $6,637 |
| 2018 | $162,000 + $44,000 $206,000 | $6,727 |
| 2017 | $162,000 + $44,000 $206,000 | $6,571 |
| 2016 | $162,000 + $44,000 $206,000 | $6,542 |
| 2015 | $162,000 + $44,000 $206,000 | $6,167 |
| 2014 | $162,000 + $44,000 $206,000 | $6,006 |
| 2013 | $162,000 + $44,000 $206,000 | $6,035 |
| 2012 | $98,800 + $18,900 $117,700 | $5,397 |
| 2011 | $98,800 + $18,900 $117,700 | $5,254 |
| 2009 | $98,800 + $18,900 $117,700 | $4,719 |
| 2008 | $98,800 + $18,900 $117,700 | $4,808 |
| 2007 | $98,800 + $18,900 $117,700 | $4,684 |
$399,900
GardenState
Listing removed 2023-04-04
$0
GardenState
Listed for rent 2023-02-02
$1,550
GardenState
Sold 2022-04-05
$225,000
Public Record
Listing removed 2022-02-02
$0
GardenState
Listed 2021-10-21
$219,000
GardenState
Sold 2008-07-15
$237,500
Public Record
Sold 2004-02-24
$179,000
Public Record
Sold 1996-05-03
$73,000
Public Record
Sold 1985-07-01
$75,000
Public Record
Sold 1981-01-01
$58,000
Public Record
Operating Expense: 15000
Operating Expense Includes: Cold Water, Insurance, Taxes
Year Built: 1911
Building Exterior Type: Vinyl Siding
Property Age: 113
Roof: Asphalt Shingle
House Style: 3-Three Story
Year Built Details: Approximate
Year Remodeled: 2022
Garbage Extra Charge
Water Source: Public Water
Map directions Map directions Map directions Map directions
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The property loan eligibility may be subject to additional requirements beyond geographical location including but not limited to the condition of the property. Speak with a real estate professional to find out more about the eligibility of a specific property.