84 Mill St 2, Newton Town NJ 07860

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$595,000

84 Mill St 2, Newton Town, NJ 07860

bedrooms

bathrooms

square feet

2,302

Acreage

0.92

Open Houses

year built

1810

Full Baths

Half Baths

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Welcome to 84 Mill St in Newton, NJ! This recently renovated two-family home offers a fantastic opportunity for homeowners and investors alike. Located conveniently in town, it is close to schools, shopping, and essential services, providing easy access to everyday needs. The property generates an impressive $61,000. in annual gross rental income, making it an attractive investment. Each unit has been thoughtfully updated, and the home boasts a large private yard perfect for outdoor enjoyment. Ample multi-car parking adds to its convenience. Whether you're looking for a great investment property or a comfortable place to call home with rental income potential, this property checks all the boxes! Home back on the Market. Buyer could not perform. Excellent income with GOI at $61,200 per year. Estimated NOI at $48,900 = 8% Cap Rate. and 116.66 Gross Rent Multiplier.

Location
Subdivision	-
County	Sussex
Elementary School	-
Middle School	-
High School	NEWTON

Driving directions

Open houses

None scheduled.

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MLS number: 3937955

Listing agent: Michael John Ganguzza

Listing broker: Re/Max Platinum Group (973) 726-5700

Copyright © 2025 Garden State MLS, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified. [source]

Last update: Thursday, January 9 2025 at 12:24 a.m. EST

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