120 High St
Newton Town, NJ 07860-1006
- 6 beds
- 4 baths
- – sqft
- 12,632 sqft lot
- – on site
Prime investment opportunity!! 4 unit property in the heart of historic Newton. This exceptional multi-family property is the perfect addition to your investment portfolio. Each unit is well-maintained, easy layout with modern updates, ensuring consistent tenant satisfaction and steady rental income. The property includes:(2) 2-bedroom, 1-bath apartments, and (2) 1-bedroom, 1-bath apartments. All units are currently tenant occupied and generating a strong cash flow. Private off-street parking for tenants and guests, plus 4 separate garage spaces all currently rented separate from the tenant leases. A shared backyard for outdoor relaxation. Close proximity to schools, shopping centers, and public transportation, ensuring high demand for rentals in the area. This property has a strong rental history, with long-term tenants and minimal vacancy.
Last checked:
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Last updated Feb 7, 2025
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MLS# 3943042 —
The Building
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Construction Date/Year Built:9999
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Unit Style:3-Three Story
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Roof Description:Asphalt Shingle
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Exterior Description:Vinyl Siding
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Basement:Yes
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Total # of Units:4
Interior
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Interior Features:Carbon Monoxide Detector, High Ceilings
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Total # of Rooms:16
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Basement Description:Unfinished
Financial & Terms
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Possession:At closing
Location
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Directions:County Rt 616 to High St. or use GPS
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Latitude:41.057
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Longitude:-74.76047
The Property
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Approx Lot Size:0 Sqft
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Lot Description:Level Lot, Open Lot
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Total Acres:0 Sqft
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Lot Identifier:26
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Exterior Features:Deck
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Easements:Unknown
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Assessment Land:70200
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Assess Amount Land Tax:*
Listing Agent
- Contact info:
- Office phone:
- (973) 726-0088
Taxes
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Tax ID For Property:2815-00004-0005-00026-0000-
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Tax Year:2024
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Tax Year:*
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Tax Rate:*
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Tax Rate Year:2024
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Tax Rate Amount:2.727
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Tax Amount:$15,151
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Tax Amount:$*
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Lot ID Tax:*
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Lot Size Tax:*
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Acres Tax:$*
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Block ID Tax:*
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City Tax:$*
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County Tax:$*
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Zip Code Tax:*
Beds
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# of Bedrooms:6
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Unit 1 Bedrooms:1
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Unit 3 Bedrooms:2
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Unit 2 Bedrooms:1
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Unit 4 Bedrooms:2
Baths
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Total # of Baths:4.00
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Total # of Full Baths:4
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Unit 1 Baths:1.0
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Unit 2 Baths:1.0
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Unit 3 Baths:1.0
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Unit 4 Baths:1.0
Heating & Cooling
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Cooling:See Remarks
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Heating:1 Unit, See Remarks
Utilities
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Utilities:See Remarks
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Water:Public Water
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Sewer:Public Sewer
Schools
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Grade School:NEWTON
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Middle Or Junior School:NEWTON
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High School:NEWTON
The Community
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Assessment Total:578500
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Assessment Total Tax:*
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Assessment Bldg:508300
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Assess Amount Building Tax:*
Parking
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# of Garage Spaces:4
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Garage Description:Detached Garage
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# of Parking Spaces:8
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Parking/Driveway Description:Additional Parking, Driveway-Exclusive, Hard Surface
Extra Units
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Unit 1 SqFt:999
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Unit 2 SqFt:999
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Unit 3 SqFt:999
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Unit 4 SqFt:999
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Unit 1 Levels:1
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Unit 2 Levels:1
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Unit 3 Levels:1
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Unit 4 Levels:1
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Unit 1 Rooms:4
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Unit 2 Rooms:4
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Unit 3 Rooms:4
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Unit 4 Rooms:4
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Unit 1 Handicap Modified:No
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Unit 2 Handicap Modified:No
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Unit 3 Handicap Modified:No
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Unit 4 Handicap Modified:No
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Unit 1 Room Description:Eat-In Kitchen, Kitchen, Living Room, Master Bedroom, See Remarks
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Unit 2 Room Description:Eat-In Kitchen, Kitchen, Living Room, Master Bedroom, See Remarks
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Unit 3 Room Description:Bedrooms, Eat-In Kitchen, Kitchen, Living Room, Master Bedroom, See Remarks
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Unit 4 Room Description:Bedrooms, Eat-In Kitchen, Kitchen, Living Room, Master Bedroom, See Remarks
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Unit 1 Appliances/Equipment:Carbon Monoxide Detector
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Unit 2 Appliances/Equipment:Carbon Monoxide Detector
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Unit 3 Appliances/Equipment:Carbon Monoxide Detector
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Unit 4 Appliances/Equipment:Carbon Monoxide Detector
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Sale history
Date | Event | Source | Price | % Change |
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1/27/25
Jan 27, 2025
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Listed / Active | GSMLS | $675,000 | 153.4% (12.6% / YR) |
10/22/24
Oct 22, 2024
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Listed / Active | GSMLS | ||
11/9/12
Nov 9, 2012
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GSMLS | $266,400 |