20 Madison St
Newton Town, NJ 07860
Price: $375,000
GSMLS: 3958008Type: Multi-Family
Style: 2-Two Story
Total Units: 2
Beds: 2
Baths: 2 Full
Garage: No
Year Built: 1900
Acres: 0.19
Property Tax: $9,239
Description
Welcome To This Beautifully Maintained Victorian Two-family Home, Perfectly Positioned In The Vibrant Downtown Of Newton, Nj. This Character-rich Property Offers Two Spacious One-bedroom Units, Both Fully Occupied With Long-term Tenants, Making It An Excellent Investment Opportunity With Below-market Rents And Strong Upside Potential.enjoy Classic Charm With Modern Conveniences, Including A Private Driveway With Ample Parking, A Welcoming Open-air Front Porch, And A Back Deck Ideal For Outdoor Relaxation. The Full Basement Provides Generous Storage Space, While Both Units Are Serviced By Natural Gas, Public Water, And Public Sewer.situated Just A Short Walk To Local Shops, Cafes, And Restaurants, And Only Minutes To Major Retailers And Conveniences. Residents Of Newton Enjoy Unique Perks Like Free Preschool, Complimentary Pool Memberships, And A Full Calendar Of Free Community Events And Recreational Programs Adding Incredible Lifestyle Value.whether You're An Investor Seeking Stable Cash Flow With Room To Grow, Or A Homeowner Looking For Rental Income To Offset Your Mortgage, This Property Is A Rare Find In One Of Sussex County's Most Desirable Walkable Towns. Don't Miss Your Chance To Own A Piece Of Newton's Charm Schedule Your Private Showing Today!
General Info
Style:
2-Two Story
SqFt Building:
n/a
Total Rooms:
8
Basement:
Yes - Full, Unfinished
Interior:
Carbon Monoxide Detector, Smoke Detector
Roof:
Asphalt Shingle, Slate
Exterior:
Composition Shingle
Lot Size:
n/a
Lot Desc:
n/a
Parking
Garage Capacity:
No
Description:
n/a
Parking:
1 Car Width
Spaces Available:
6
Unit 1
Bedrooms:
1
Bathrooms:
1
Total Rooms:
4
Room Description:
Bedrooms, Eat-In Kitchen, Laundry Room, Living Room, Pantry
Levels:
1
Square Foot:
n/a
Fireplaces:
n/a
Appliances:
Carbon Monoxide Detector, Dryer, Range/Oven - Gas, Refrigerator, Washer
Utilities:
Owner Pays Water, Tenant Pays Electric, Tenant Pays Gas
Handicap:
No
Unit 2
Bedrooms:
1
Bathrooms:
1
Total Rooms:
4
Room Description:
Attic, Bedrooms, Eat-In Kitchen, Living Room
Levels:
1
Square Foot:
n/a
Fireplaces:
n/a
Appliances:
Carbon Monoxide Detector, Range/Oven - Gas, Refrigerator, Smoke Detector
Utilities:
Owner Pays Water, Tenant Pays Electric, Tenant Pays Gas
Handicap:
No
Unit 3
Bedrooms:
n/a
Bathrooms:
n/a
Total Rooms:
n/a
Room Description:
n/a
Levels:
n/a
Square Foot:
n/a
Fireplaces:
n/a
Appliances:
n/a
Utilities:
n/a
Handicap:
n/a
Unit 4
Bedrooms:
n/a
Bathrooms:
n/a
Total Rooms:
n/a
Room Description:
n/a
Levels:
n/a
Square Foot:
n/a
Fireplaces:
n/a
Appliances:
n/a
Utilities:
n/a
Handicap:
n/a
Utilities
Heating:
2 Units, Baseboard - Hotwater
Heating Fuel:
Gas-Natural
Cooling:
Wall A/C Unit(s)
Water Heater:
Gas
Water:
Public Water
Sewer:
Public Sewer
Utilities:
Electric, Gas-Natural
Services:
n/a
School Information
Elementary:
MERRIAM AV
Middle:
HALSTED ST
High School:
NEWTON
Community Information
County:
Sussex
Town:
Newton Town
Neighborhood:
n/a
Financial Considerations
List Price:
$375,000
Tax Amount:
$9,239
Land Assessment:
$81,300
Build. Assessment:
$275,700
Total Assessment:
$357,000
Tax Rate:
2.73
Tax Year:
2024
Listing Information
MLS ID:
3958008
List Date:
04-22-2025
Days On Market:
0
Listing Broker:
EXP REALTY, LLC
Listing Agent:
Request More Information
Shawn and Diane Fox
RE/MAX American Dream
3108 Route 10 West
Denville, NJ 07834
Call: (973) 277-7853
Web: MorrisCountyLiving.com
