68 High St, Newton, NJ 07860

$350,000
  • 68 High St, Newton, NJ 07860 Main Photo

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BEDS4 BATHS2 full MLS#4022742
STATUS PROPERTY TYPEMulti Unit - Multiple SUBDIVISIONHistoric District

Property Description

Investor opportunity in Newton's historic district! This two-family home offers strong income potential and flexibility for both investors and owner-occupants. Public water and public sewer already in place, along with separate electric meters for each unit. Natural gas is available in the street, offering the next owner the potential to install separate boilers and further divide utility costs. The vacant upstairs unit features 3 bedrooms, nicely refinished hardwood floors, an updated kitchen and bath, and a private balcony. The first-floor unit is occupied by a tenant paying $1,850/month, providing immediate cash flow. With charm, upside, and a prime location, this property is a great opportunity to add to your portfolio or offset your mortgage with rental income.

68 High St | MLS# 4022742

This multi-family property located at 68 High St, Newton, NJ 07860 is currently listed for sale with an asking price of $350,000. Search Newton real estate on mainlinemanny.realtymark.net today.

Property Features

Property Type: Multi Unit - Multiple
Basement: Yes
Basement: Full, Unfinished
Cooling: Ceiling Fan, Wall A/C Unit(s)
Fuel Type: Oil Tank Above Ground - Inside
Heating: 1 Unit, Radiators - Steam
Lot Size: 0.08 Acres
Roof Type: Slate
Taxes: $8,598
Year Built: 1890

Amenities

Smoke Detector
Tile Floors
Wood Floors
Deck

Feature Descriptions

Days on Site: 13
Driveway: 2 Car Width, See Remarks
Exterior: Wood
Lot Dimensions: 0.08 acre(s)
Sewer: Public Sewer
Utilities: Electric, Gas In Street
Water: Public Water

Local Schools

High School: NEWTON
Middle School: NEWTON

Listed By / Shown By

Listed By

Agency Name: ADDISON REAL ESTATE
Agency Contact: 862-251-4915

Shown By

Agent Name: Manuel Ishkhanian
Agent Phone: (484) 832-2122
Agency Title: RealtyMark

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Estimated Payment

$ 1,597.53 per month $778.95 Principal & Interest $716.50 Property Tax $102.08 Homeowner's Insurance

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