84 Mill Street, Unit 2

Newton, NJ 07860

$595,000
Price
5
Beds
3
Baths
Sq. Ft.
/ Sq. Ft.
Sq. Ft.
per Sq. Ft.

Description

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 $55,632 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...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 $55,632 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!
  1. Listed by MICHAEL JOHN GANGUZZA • RE/MAX PLATINUM GROUP

Property Details for 84 Mill Street, Unit 2

Directions
Rt 206 into Newton and turn onto Mill St.
Days On Market
0
LISTING UPDATED: 12/13/2024 02:28 PM

Property Details for 84 Mill Street, Unit 2

StatusActive
MLS #3937955
Days on Market4
Taxes$11,066 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMulti Family / 2-Two Story
Year Built1810
Lot Size0.92 AC / 40,075 SF
CountySussex County

Building Information for 84 Mill Street, Unit 2

Stories-Residences2Year Built1810Building Size-Lot Size0.92 AC / 40,075 SF

Property Information for 84 Mill Street, Unit 2

Summary
Location and General Information
  • Zoning: T-4
  • Building #: 1
  • High School: NEWTON
  • County #: Sussex
  • Town Name: Newton Town
  • Block Identifier: 2.02
  • Listing Type: Exclusive Right to Sell
  • Color of Building: White
  • Town #: 2817.0
  • Unit #: 2
  • Street # Display: 84.0
  • # Parking Spaces: 9
  • County Or Parish: Sussex
  • Street Name: Mill St
  • Zip Code: 07860-1411
  • Total Units: 2
Taxes and HOA Information
  • Assess Total Tax: *
  • Assess Amt Land Tax: *
  • Assess Amt Bldg Tax: *
  • Block ID Tax: *
  • Acres Tax: *
  • County Tax: *
  • Tax Amount: $11,066
  • Street name Tax: *
  • Zip Code Tax: *
  • Street # Tax: *
  • City Tax: *
  • Tax Amount Tax: *
  • Assessment Total: 405800.0
  • Tax ID For Property: 2815-00002-0002-00014-0000-
  • Tax Rate Amount: $3
  • Tax Rate Tax: *
  • Tax Rate Year: 2024
  • Tax Year: 2024
  • Tax Year Tax: *
  • Lot ID Tax: *
  • Lot Size Tax: *
Parking
  • Parking/Driveway Description: Parking Lot-Shared
  • Garage Description: On Site
Property
Lot Information
  • Lot Identifier: 14
  • Approximate Lot Size: 00000.920 AC.
  • Total Acres: 0.92
  • Construction Date/Year Built: 1810
  • Construction Date/Year Built Des: Standing
Property and Assessments
  • Assessment Bldg: 332700.0
  • Assessment Land: 73100.0
  • Farm Assessment: No
Utilities
  • Cooling: No Cool
  • Utilities: Electric, Gas-Natural
  • Water: Public Water
  • Heating: Baseboard - Electric
  • Fuel Type: None
  • Sewer: Public Sewer
Interior and Exterior Features
Exterior Features
  • Exterior Description: Vinyl Siding
  • Exterior Features: Open Porch(es)
Interior Features
  • Roof Description: Asphalt Shingle
  • Basement: Yes
  • Basement Description: Bilco-Style Door
  • Easement: Unknown
Multi Family
Unit 1 Information
  • Unit 1 Appl/Equip: Range/Oven - Electric, Refrigerator, Smoke Detector
  • Unit 1 Baths: 1.0
  • Unit 1 Bedrooms: 3
  • Unit 1 Fireplaces: 0.0
  • Unit 1 Handicap Modified: No
  • Unit 1 Levels: 1.0
  • Unit 1 Owner/Tenant Pays: Tenant Pays Electric, Tenant Pays Heat, Tenant Pays Water
  • Unit 1 Rent: 2136.0
  • Unit 1 Room Description: Bedrooms, Dining Room, Kitchen, Living Room
  • Unit 1 Rooms: 6.0
  • Unit 1 Security Deposit: 3204.0
  • Unit 1 Sq Ft: 1132.0
Unit 2 Information
  • Unit 2 Appl/Equip: Range/Oven - Electric, Refrigerator, Smoke Detector
  • Unit 2 Baths: 2.0
  • Unit 2 Bedrooms: 2
  • Unit 2 Fireplaces: 0.0
  • Unit 2 Handicap Modified: No
  • Unit 2 Levels: 1.0
  • Unit 2 Owner/Tenant Pays: Tenant Pays Electric, Tenant Pays Heat, Tenant Pays Water
  • Unit 2 Rent: 2500.0
  • Unit 2 Room Description: Bedrooms, Dining Room, Kitchen, Living Room
  • Unit 2 Rooms: 5.0
  • Unit 2 Security Deposit: 3750.0
  • Unit 2 Sq Ft: 1170.0
Multi-Family Information
  • Unit Style: 2-Two Story
Income & Expenses Information
  • Total Operating Expense: $12,300.00
  • Expenses Include: Garbage Collection, Insurance
  • Net Operating Income: $43,332.00
  • Gross Operating Income: $55,632.00
Rental
Rental Information
  • Home Warranty: false

Property History for 84 Mill Street, Unit 2

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Schools near 84 Mill Street, Unit 2

This home is within Newton Public School District.
Rating
School
Type
Grades
Distance
Public - PK to 4
Public - 5 to 8
Public - 9 to 12
Private - K to 8
Rating
School
Distance
Merriam Avenue Elementary School
PublicPK to 4

Halsted Street Middle School
Public5 to 8

Newton High School
Public9 to 12

St Joseph Regional School
PrivateK to 8

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

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Similar Sold Homes

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84 Mill Street, Unit 2 is a multi-family home for sale in Newton, NJ 07860. This property was listed for sale on December 13, 2024 by RE/MAX PLATINUM GROUP, it's currently listed at $595,000. This listing's school district is Newton Public School District. Nearby schools include Merriam Avenue Elementary School, Halsted Street Middle School and Newton High School. 84 Mill Street, Unit 2 is a 5-bed, 3-bath, multi-family home built in 1810.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of RE/MAX PLATINUM GROUP, MICHAEL JOHN GANGUZZA

The data relating to the real estate for sale on this website comes in part from the Internet Data Exchange Program of the NJMLS. Real estate listings held by brokerage firms other than (insert office name) aremarked with the Internet Data Exchange logo and information about them includes the name of the listing brokers. Some properties listed with the participating brokers do not appear on this website at the request of the seller. Listings of brokers that do not participate in Internet Data Exchange do not appear on this website. All information deemed reliable but not guaranteed. Last date updated: 12/18/2024 04:28 AM. Source: New Jersey Multiple Listing Service, Inc. © 2024 New Jersey Multiple Listing Service, Inc. All rights. The data relating to the real estate for sale and sold listing information on this website comes from the New Jersey Multiple Listing Service, Inc. Virtual Office Website (VOW) program. This website may not include listings or property addresses of sellers who have directed their listing brokers to withhold their listing or their property address from display on the Internet. Sold listings may have been listed and/or sold by a real estate brokerage other than (insert office name). All information deemed reliable but not guaranteed. NLMLS makes no representation or warranty regarding the accuracy of the data. This data and information is protected under federal copyright laws which prohibit the unauthorized copying or alternation of all or any part of copyrighted materials, including certain compilations of data and information. Copyright violators may be subject to severe fines and penalties under federal law. Source: New Jersey Multiple Listing Service Inc. Last date updated: 12/18/2024 04:28 AM © 2024 New Jersey Multiple Listing Service Inc. All rights reserved.