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$375,000 - 91 Main St, Newton Town

3
Bedrooms
4
Baths
2,462
SQ. Feet
0.1
Acres

MULTI-USE PROPERTY presents a lucrative opportunity for real estate investment, mixed-use building in a prime location. Conveniently near major amenities such as big box shops, Newton Hospital, and Thor Labs, this property offers a blend of residential comfort & commercial potential. Comprising of 2 residential apartments and a spacious commercial/office space, this property offers diverse income streams and flexibility for various business ventures.Apartment 1, ground level, features a cozy yet spacious layout with 1 bedroom, an inviting eat-in kitchen, a renovated bathroom, and a porch for relaxation.Apartment 2, situated one flight up, offers generous living space with 2 bedrooms and a bonus room suitable for use as a third bedroom or office.Commercial/Office Space: Ground level commercial space with three generously sized rooms & half bath. A separate entrance, located on the side of the building ensuring privacy and ease of access for business operations. Currently, the partially finished walk-out basement is rented out, generating $700 in monthly income.All on MONTH -TO-MONTH agreements which present an opportunity for rent adjustments or new lease agreements, maximizing potential revenue. Parking and Accessibility: Space for three vehicles in private driveway along with off-street parking, providing convenience for tenants and customers alike.ALL PUBLIC UTILITIES ensuring hassle-free maintenance and operation.CASH OFFERS PREFERRED BY SELLER. SELLING STRICTLY AS-IS

Essential Information

  • MLS® #:
    3889972
  • Price:
    $375,000
  • Bedrooms:
    3
  • Bathrooms:
    4.00
  • Full Baths:
    3
  • Half Baths:
    1
  • Square Footage:
    2,462
  • Acres:
    0.10
  • Year Built:
    1860
  • Type:
    Multi Family
  • Style:
    TwoStory
  • Status:
    Active

Community Information

  • Address:
    91 Main St
  • City:
    Newton Town
  • County:
    Sussex
  • State:
    NJ
  • Zip Code:
    07860

Amenities

  • Utilities:
    Gas In Street
  • Parking Spaces:
    3
  • Parking:
    Crushed Stone, Off-Street Parking, 2 Car Width

Interior

  • Interior Features:
    Carbon Monoxide Detector, Smoke Detector, Wood Floors, Tile Floors
  • Heating:
    Electric, Gas-Natural

Exterior

  • Exterior:
    Stucco
  • Exterior Features:
    Open Porch(es), Sidewalk
  • Roof:
    Asphalt Shingle

School Information

  • Elementary:
    HALSTED ST
  • Middle:
    MERRIAM AV
  • High:
    NEWTON

Additional Information

  • Date Listed:
    March 9th, 2024
  • Days on Market:
    57

Listing Details

  • Listing Office:
    Clearview Realty

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Listing information last updated on May 5th, 2024 at 1:03pm EDT.