20 Madison St Coming Soon

Newton Town,NJ 07860

$ 375000

2 Beds

2 Baths

0 SqFt


Key Details

Property Type Multi-Family, Commercial

Listing Status Coming Soon

Purchase Type For Sale

MLS Listing ID 3958008

Style 2-Two Story

Bedrooms 2

Full Baths 2

Year Built 1900

Annual Tax Amount $9,239

Tax Year 2024

Lot Size 8,276 Sqft

Property 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!

Location

State NJ

County Sussex

Rooms

Basement Full, Unfinished

Interior

Interior Features Carbon Monoxide Detector, Smoke Detector

Heating Gas-Natural

Cooling Wall A/C Unit(s)

Heat Source Gas-Natural

Exterior

Exterior Feature Composition Shingle

Utilities Available Electric, Gas-Natural

Roof Type Asphalt Shingle, Slate

Building

Sewer Public Sewer

Water Public Water

Architectural Style 2-Two Story

Schools

Elementary Schools Merriam Av

Middle Schools Halsted St

High Schools Newton

Others

Senior Community No

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