18 Academy St

    Newton Town, NJ 07860
    • $199,900
    • STATUS: Active
    • ON SITE: 2 days
    • MLS #: 3634318
    New On Site 2 Days Ago
    UPDATED: 182 min ago
    $199,900
    • 1
      BEDS
    • 0.63
      ACRES
    • 1
      BATHS
    • 0
      1/2 BATHS
    Type:
    Multi-Family
    Built:
    1860
    County:
    Area:

    School Information

    Elementary School:
    Middle School:
    High School:

    Description

    Cash Flow baby. This fully rented side by side duplex makes for a nice investment. Tenants pay all utilities except water. Newer roof. Just close and collect rents. Great tenants. Net cash flow of over $500/month easily possible. Potential returns of over 12% per year! Perfect to buy with 83 High St, currently also for sale MLS#3634303.

    Monthly Payment Calculator



    © 2020 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 2020-05-24T18:46:06.34.
    www.sellwithsikora.com/homes/106106613

    18 Academy St Newton Town, NJ 07860

    • Price: $199,900
    • Status: Active
    • Updated: 182 min ago
    • MLS #: 3634318
    1
    Beds
    1
    Baths
    0
    ½ Baths
    0.63
    Acres
    1860
    Built
    County:
    Sussex
    Area:
    Newton Town
    Elementary School:
    Merriam Av
    Middle School:
    Halsted St
    High School:
    Newton
    Property Description
    Cash Flow baby. This fully rented side by side duplex makes for a nice investment. Tenants pay all utilities except water. Newer roof. Just close and collect rents. Great tenants. Net cash flow of over $500/month easily possible. Potential returns of over 12% per year! Perfect to buy with 83 High St, currently also for sale MLS#3634303.
    Exterior Features

    Approximate Lot Size 00000.634 AC. Color Of Building Gray Exterior Description Vinyl Siding Exterior Features Storm Door(S)Thermal Windows/Doors Lot Description Wooded Lot Number Of Parking Spaces 3 Parking Driveway Description Blacktop Roof Description Asphalt Shingle

    Interior Features

    Basement Yes Basement Description Unfinished Cooling 1 Unit Heating 1 Unit Interior Features BlindsCarbon Monoxide DetectorFire ExtinguisherSmoke Detector Total Number Of Rooms 4 Unit1 Appliances Equipment Carbon Monoxide DetectorCeiling Fan(S)Range/Oven - GasRefrigeratorSmoke Detector Unit1 Baths 1.0 Unit1 Bedrooms 1 Unit1 Fireplaces 0 Unit1 Handicap Modified No Unit1 Levels 2 Unit1 Room Description Eat-In KitchenLiving RoomMaster BedroomPorchUtility Room Unit1 Rooms 3 Unit1 Security Deposit 1500 Unit1 Sq Ft 999 Unit2 Appliances Equipment Carbon Monoxide DetectorRange/Oven - GasRefrigeratorSmoke Detector Unit2 Baths 1.0 Unit2 Bedrooms 1 Unit2 Fireplaces 0 Unit2 Levels 2 Unit2 Room Description DenEat-In KitchenLiving RoomMaster BedroomPorchUtility Room Unit2 Rooms 4 Unit2 Sq Ft 999

    Property Features

    Assessment Total 177500 Building Assessment 121100 Easement Unknown Expenses Include Cold WaterInsuranceMaintenanceTaxes Farm Assessment No Fha Age Restricted No Fuel Type Gas-Natural Gross Operating Income 25200 Home Warranty No Land Assessment 56400 Net Operating Income 14396 Sewer Public Sewer Tax Amount 7607 Tax Rate Amount 4.286 Tax Rate Year 2019 Tax Year 2019 Total Operating Expense 10804 Unit Style Duplex-Side By Side Unit1 Owner Tenant Pays Owner Pays WaterTenant Pays ElectricTenant Pays GasTenant Pays Heat Unit1 Rent 1000 Unit2 Handicap Modified No Unit2 Owner Tenant Pays Owner Pays WaterTenant Pays ElectricTenant Pays GasTenant Pays Heat Unit2 Rent 1100 Unit2 Security Deposit 1500 Utilities Gas-Natural Water Public Water Year Built Description Approximate Zoning T-3

    Listing information © 2020 Garden State Multiple Listing Service,LLC.
    Listing provided courtesy of Keller Williams Metropolitan.


    © 2020 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 2020-05-24T18:46:06.34.
     
    eXp Realty
    28 Valley Rd Suite 1
    Montclair NJ, 07042