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8 Newton Ave, Sussex, NJ 07461
$399,900 Just Listed
8 Newton Ave, Sussex, NJ 07461View this property at 8 Newton Ave, Sussex, NJ 07461
8 Newton AveSussexNJ07461
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Property Description
Wow! Renovated, Mixed Use Building Located in Downtown Sussex. This 3 Story Building Features A Commercial Store Front On The 1St Floor and 2- 2 Bedroom Apartments On The 2Nd and 3Rd Floor. The Store Is Renovated and Has A Lease. The Second Floor Unit Is Renovated and Features 2 Bedrooms, Living Room, Kitchen and A Full Bathroom. The 3Rd Floor Unit Features A New Kitchen, 2 Bedrooms, Living Room, Kitchen and A Full Bathroom. The Store Front Is Fueled By Oil Heat, The Second and Third Floor Apartments Are Electric Heat. Public Water and Sewer Service The Building. Each Unit Does Have Separate Water Meters, But The Landlord Is Currently Paying The Water and Sewer. Sussex Is An Up-And-Coming Town and Is Close To Major Routes and Shopping. Solid Investment With Room To Grow.
Full Property Details
Full Property Details for 8 Newton Ave
General
- Price: $399,900
- Taxes: $7,271 (2023)
- Status: Active
- Type: Commercial
- Source: Garden_State
- MLS ID: 3924253
- Updated: 9/16/2024
- Added to Site: 4 day(s) ago
Business
- Includes: Building & Land
Interior
- Flooring: Carpeting, Tile, Vinyl-Linoleum
Rooms
Bathrooms
- Total Bathrooms: 3
- Restrooms: 1
Additional Information
- Equipment: Appliances, Kitchen Area, Restrooms - Public
Exterior
- Color: WHITE
Parking
- Parking: On-Street Parking
Location
- County: Sussex
- Driving Directions: 8 NEWTON AVE, SUSSEX
- Location Details: Business District, Residential Area
Heating & Cooling
- Cooling Type: Wall A/C Unit(s)
- Heating Type: 1 Unit, Electric Baseboard, Forced Hot Air
- Heating Fuel: Electric, OilAbIn
Utilities
- Sewer: Public Sewer
- Water: Public Water
- Utility Description: Electric, Garbage Extra Charge
Structural Information
- Construction: Wood
- Exterior Const.: Vinyl Siding
- Basement: Yes
- Basement Desc.: Full, Unfinished
- Roof: Asphalt Shingles
- Ceiling Height: 8
- Door Dimensions: 7
- Stories in Building: 3
- Square Feet: 3,000
- Office: 1,100 Sq. Ft.
- Year Built: 1911
- Remodeled/Updated: 2022
Unit Information
- 2 Bedroom Units: 2
- Units w/Full Bath: 2
- Units w/Half Bath: 1
Lot Features
- Lot Size (Acres): 0.04
- Lot Size: 25X64
- Permitted Use: MIXED USE
- Zoning: C-1
- Lot Description: Level Lot, Open Lot
Financial Considerations
- Expenses: Taxes, Water/Sewer
- Operating Expenses: $15,000
- Assessment Amount: $206,000
- Land Assmt: $44,000
- Tax Amount: $7,271
- Tax Year: 2023
- Owner Pays: Sewer, Water
- Tenant Pays: Electric, Heat, Hot Water, Oil, Trash Removal
- Pays Utilities: Tenant
Disclosures and Reports
- Ownership: Fee Simple
- Documents Avail.: Leases
- APN: 2821-00701-0001-00007-0000-
- Block: 701.01
- Lot Number: 7
Listed by Re/Max Select
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Schools
Schools serving 8 Newton Ave
School Districts:Sussex-Wantage Regional Schools, High Point Regional Schools
Rating | Name | Grades | Distance |
---|---|---|---|
Clifton E Lawrence
31 Ryan Rd, Wantage, NJ 07461 | PK-2 | 1.4 mi | |
815 State Rt 23, Sussex, NJ 07461 | 3-5 | 1.5 mi | |
10 Loomis Ave, Sussex, NJ 07461 | 6-8 | 0.2 mi | |
299 Pidgeon Hill Rd, Sussex, NJ 07461 | 9-12 | 2 mi |
Disclaimer: School ratings provided by
GreatSchools. Ratings are on a scale of 1-10.
Learn more about GreatSchools ratings.
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 8 Newton Ave
Date
Details
Price
Change
Source
9/16/2024
Listed
$399,900
77.73%
MLS
3/04/2022
Sold
$225,000
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 8 Newton Ave
Year
Property Taxes
Change
Tax Assessment
Change
2022
$7,035
1%
$206,000
—
2021
$6,967
4%
$206,000
—
2020
$6,711
1%
$206,000
—
2019
$6,637
-1%
$206,000
—
2018
$6,728
2%
$206,000
—
2017
$6,571
—
$206,000
—
2016
$6,543
6%
$206,000
—
2015
$6,168
2%
$206,000
—
2013
$6,036
—
$206,000
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 8 Newton Ave
8 Newton Ave, Sussex, NJ 07461 (MLS# 3924253) is a Commercial property. 8 Newton Ave is currently listed for $399,900 and was received on September 16, 2024. Want to learn more about 8 Newton Ave? Do you have questions about finding other Commercial real estate for sale in Sussex? You can browse all Sussex real estate or contact a Coldwell Banker agent to request more information.