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100 Sparta Ave

Newton Town, NJ 07860
  • $400,000
  • STATUS: Active
  • ON SITE: 58 Days
  • MLS #: 3778945
UPDATED: 23 min ago
$400,000
  • 0
    BEDS
  • N/A
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 9,999
    SQFT
  • $40
    $/SQFT
Neighborhood:
Type:
Commercial
Built:
2020
County:
Area:

School Ratings & Info

Description

DON'T MISS THIS RARE OPPORTUNITY TO OWN A PORTFOLIO OF 3 LOW & MODERATE INCOME / COAH CONDO UNITS. NUMBERS WORK GREAT - OVER 7% CAP! CONDOS WITHIN AN ASSOCIATION RUN & OWNED BUILDING = LOW MAINTENANCE AND LESS WORRY, NEWLY BUILT IN 2020, ELEVATOR, ASSIGNED PARKING +++ EXCEPTIONAL VALUE FOR THIS EASY INVESTMENT! ANNUAL RENT INCREASES IN PLACE. DON'T MISS THIS ONE!

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Garden State MLS logo © 2022 Garden State Multiple Listing Service, LLC. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or eXp Realty. Notice: The dissemination of listings on this website does not constitute the consent required by N.J.A.C. 11:5.6.1 (n) for the advertisement of listings exclusively for sale by another broker. Any such consent must be obtained in writing from the listing broker.The data relating to real estate for sale or lease on this web site comes in part from GSMLS. Real estate listings held by brokerage firms other than eXp Realty are marked with the GSMLS logo or an abbreviated logo and detailed information about them includes the name of the listing broker. Data last updated 2022-06-29T18:47:01.45.
www.sellwithsikora.com/homes/128247019
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100 Sparta Ave Newton Town, NJ 07860

  • Price: $400,000
  • Status: Active
  • On Site: 58 Days
  • Updated: 23 min ago
  • MLS #: 3778945
0
Beds
0
Baths
0
½ Baths
N/A
Acres
9,999
SQFT
$40
$/SQFT
2020
Built
Neighborhood:
Clayton Square
County:
Sussex
Area:
Newton Town
Property Description
DON'T MISS THIS RARE OPPORTUNITY TO OWN A PORTFOLIO OF 3 LOW & MODERATE INCOME / COAH CONDO UNITS. NUMBERS WORK GREAT - OVER 7% CAP! CONDOS WITHIN AN ASSOCIATION RUN & OWNED BUILDING = LOW MAINTENANCE AND LESS WORRY, NEWLY BUILT IN 2020, ELEVATOR, ASSIGNED PARKING +++ EXCEPTIONAL VALUE FOR THIS EASY INVESTMENT! ANNUAL RENT INCREASES IN PLACE. DON'T MISS THIS ONE!
Exterior Features

Approximate Lot Size 3.99% COMM AREA Construction Brick/Block Exterior Description Brick/BlockVinyl Siding Location Business DistrictResidential Area Lot Description Level LotOpen Lot Number Of Bays 0 Number Of Docks 0 Parking Driveway Description Assigned Roof Description Asphalt ShingleFlat

Interior Features

Basement No Cooling HeatpumpMulti-Zone Cooling Equipment Available AppliancesRestrooms - PrivateSmoke DetectorSprinkler System Floors CarpetingVinyl-Linoleum Heating Heat PumpMulti-Zone Max Ceiling Height 8 Max Door Height 7 Number Of Lavatories 3 Office Sq Ft 0

Property Features

Available See Remarks Expenses Include InsuranceTaxes For Sale Or Lease For Sale Fuel Type Electric Gross Operating Income 39887 Lease Includes Building InsuranceTaxes Lease Type Gross Monthly Maintenance Fee 561 Net Operating Income 28358 Owner Pays Association FeeNo UtilitiesSewerWater Permitted Use Low / Moderate Income Housing (Coah) Pre Rental Requirements Has To Go Through State / Agency Primary Property Type Apartment Complex Property Type Apartment ComplexCondo ComplexSee Remarks Sale Includes See Remarks Sewer Public Sewer Suite Number 1001 Tax Amount 6429 Tax Rate Amount 4.286 Tax Rate Year 2019 Tax Year 2020 Tenant Pays Cable T.V.ElectricHot Water Total Operating Expense 11529 Utilities Electric Utilities Paid By Tenant Water Public Water Year Built Description ApproximateStanding Zoning Residential

Listing information © 2022 Garden State Multiple Listing Service,LLC.
Listing provided courtesy of Coldwell Banker Realty.


Garden State MLS logo © 2022 Garden State Multiple Listing Service, LLC. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or eXp Realty. Notice: The dissemination of listings on this website does not constitute the consent required by N.J.A.C. 11:5.6.1 (n) for the advertisement of listings exclusively for sale by another broker. Any such consent must be obtained in writing from the listing broker.The data relating to real estate for sale or lease on this web site comes in part from GSMLS. Real estate listings held by brokerage firms other than eXp Realty are marked with the GSMLS logo or an abbreviated logo and detailed information about them includes the name of the listing broker. Data last updated 2022-06-29T18:47:01.45.
 
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eXp Realty
28 Valley Rd Suite 1
Montclair NJ, 07042