$595,000
bedrooms
5
bathrooms
3
square feet
2,302
Acreage
0.92
Open Houses
-
year built
1810
Full Baths
3
Half Baths
0
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 |
Find out more
Tell us who you are, and we will have someone reach out to you.
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: Monday, February 10 2025 at 5:12 p.m. EST
Kotohomes National
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