36 Mill St
Newton Town, NJ 07860
Price: $465,000
GSMLS: 4064110Type: Multi-Family
Style: 2-Two Story
Total Units: 2
Beds: 7
Baths: 2 Full
Garage: No
Year Built: 1900
Acres: 0.11
Property Tax: $10,025
Description
Open House Sunday 12PM–2PM.
Welcome to this beautifully renovated two-family home in the heart of Newton! Ideally located close to shopping, restaurants, and major roadways, this turnkey property offers an excellent opportunity for both owner-occupants and investors. Both apartments feature spacious, sun-filled interiors and stylish updates throughout. Unit A, located on the lower level, offers 4 bedrooms, a living room, and a generously sized kitchen with Shaker-style cabinetry, quartz countertops, and stainless steel appliances. The full bathroom features subway-tile finishes, quartz countertops, and a tub. Washer and dryer hookups add convenience, while a welcoming front porch completes the space. Unit B, situated on the upper level, features 3 bedrooms, a living room, and a spacious kitchen with Shaker cabinets, quartz countertops, and stainless steel appliances. The full bathroom is similarly appointed with subway tile, quartz countertops, and a tub. This unit also enjoys access to the yard. Both units are currently vacant following renovations and ready for their new occupants. Live in one unit while generating rental income from the other, or take advantage of the property's investment potential. Based on prevailing market rents, the property offers an estimated 8.7% cap rate. A fantastic opportunity to own a beautifully updated two-family home in a convenient Newton location. Come see all it has to offer! SQFT as per tax records*General Info
Style:
2-Two Story
SqFt Building:
2,322
Total Rooms:
13
Basement:
No - Crawl Space
Interior:
Carbon Monoxide Detector, Fire Extinguisher, Smoke Detector
Roof:
Asphalt Shingle
Exterior:
Vinyl Siding
Lot Size:
n/a
Lot Desc:
Open Lot
Parking
Garage Capacity:
No
Description:
n/a
Parking:
Blacktop, Crushed Stone
Spaces Available:
2
Unit 1
Bedrooms:
4
Bathrooms:
1
Total Rooms:
6
Room Description:
Bedrooms, Kitchen, Living/Dining Room, Porch
Levels:
1
Square Foot:
n/a
Fireplaces:
n/a
Appliances:
CarbMDet,CookElec,Microwav,RgOvElec,Refrig,SmokeDet
Utilities:
Tenant Pays Electric, Tenant Pays Gas, Tenant Pays Heat, Tenant Pays Water
Handicap:
No
Unit 2
Bedrooms:
4
Bathrooms:
1
Total Rooms:
7
Room Description:
Bedrooms, Kitchen, Living/Dining Room
Levels:
1
Square Foot:
n/a
Fireplaces:
n/a
Appliances:
CarbMDet,CookElec,Microwav,RgOvElec,Refrig,SmokeDet
Utilities:
Tenant Pays Electric, Tenant Pays Gas, Tenant Pays Heat, Tenant Pays Water
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
Heating Fuel:
Gas-Natural
Cooling:
Window A/C(s)
Water Heater:
Electric
Water:
Public Water
Sewer:
Public Sewer
Utilities:
Electric, Gas-Natural
Services:
Cable TV Available, Fiber Optic Available, Garbage Extra Charge
School Information
Elementary:
NEWTON
Middle:
NEWTON
High School:
n/a
Community Information
County:
Sussex
Town:
Newton Town
Neighborhood:
Downtown
Financial Considerations
List Price:
$465,000
Tax Amount:
$10,025
Land Assessment:
$70,000
Build. Assessment:
$327,300
Total Assessment:
$397,300
Tax Rate:
2.66
Tax Year:
2025
Listing Information
MLS ID:
4064110
List Date:
11-11-2026
Days On Market:
1
Listing Broker:
REALTY EXECUTIVES EXCEPTIONAL
Listing Agent:
Jeannette Burke
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
