84 Mill St Unit 2
Newton Town, NJ 07860-1411
- 5 beds
- 3 baths
- – sqft
- ~1 acre lot
- 1810 build
- – on site
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.
Listing courtesy of GSMLS / MICHAEL JOHN GANGUZZA / RE/MAX PLATINUM GROUP
Last checked:
Checking…
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Last updated Jan 8, 2025
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MLS# 3937955 —
The Building
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Construction Date/Year Built:Standing
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Construction Date/Year Built:1810
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Unit Style:2-Two Story
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Roof Description:Asphalt Shingle
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Exterior Description:Vinyl Siding
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Color of Building:White
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Basement:Yes
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Building #:1
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Unit #:2
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Total # of Units:2
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Building SqFt:2,302 Sqft
Interior
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Total # of Rooms:11
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Basement Description:Bilco-Style Door
Location
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Directions:Rt 206 into Newton and turn onto Mill St.
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Latitude:41.06385
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Longitude:-74.7555
The Property
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Lot Identifier:14
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Approx Lot Size:0 Sqft
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Total Acres:0 Sqft
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Zoning:T-4
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Exterior Features:Open Porch(es)
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Easements:Unknown
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Farm Assessment:No
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Assessment Land:73100
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Assess Amount Land Tax:*
Listing Agent
- Contact info:
- Office phone:
- (973) 726-5700
Taxes
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Tax ID For Property:2815-00002-0002-00014-0000-
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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:$11,066
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Tax Amount:$*
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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:5
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Unit 1 Bedrooms:3
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Unit 2 Bedrooms:2
Baths
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Total # of Baths:3.00
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Total # of Full Baths:3
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Unit 1 Baths:1.0
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Unit 2 Baths:2.0
The Listing
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Home Warranty:No
Heating & Cooling
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Heating:Baseboard - Electric
Utilities
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Utilities:Electric, Gas-Natural
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Water:Public Water
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Fuel Type:None
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Sewer:Public Sewer
Schools
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High School:NEWTON
The Community
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Assessment Total:405800
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Assessment Total Tax:*
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Assessment Bldg:332700
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Assess Amount Building Tax:*
Parking
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Garage Description:On Site
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# of Parking Spaces:9
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Parking/Driveway Description:Parking Lot-Shared
Extra Units
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Unit 1 SqFt:1132
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Unit 2 SqFt:1170
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Unit 1 Levels:1
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Unit 2 Levels:1
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Unit 1 Rooms:6
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Unit 2 Rooms:5
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Unit 1 Handicap Modified:No
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Unit 2 Handicap Modified:No
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Unit 1 Room Description:Bedrooms, Dining Room, Kitchen, Living Room
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Unit 2 Room Description:Bedrooms, Dining Room, Kitchen, Living Room
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Unit 1 Appliances/Equipment:Range/Oven - Electric, Refrigerator, Smoke Detector
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Unit 2 Appliances/Equipment:Range/Oven - Electric, Refrigerator, Smoke 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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1/8/25
Jan 8, 2025
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Listed / Active | GSMLS | $595,000 | |
12/27/24
Dec 27, 2024
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Sold Subject To Contingencies | GSMLS | $595,000 | |
12/17/24
Dec 17, 2024
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Listed / Active | GSMLS | $595,000 |