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84 Mill St #2, 
Newton Town, NJ 07860

$595,000

—

Bed

3

Baths

2,302

Sq Ft

Multi-Family

Active

Listed by

Michael John Ganguzza

RE/MAX Platinum Group

973-726-5700

Last updated:

April 19, 2025, 02:51 PM

MLS#

3937955

Source:

NJ GSMLS

About This Home

84 Mill St #2

Welcome to 84 Mill St in Newton, NJ! This recently renovated two-family home offers a fantastic opportunity for homeowners and investors alike. Located conveniently in town, it is close to schools, shopping, and essential services, providing easy access to everyday needs. The property generates an impressive $61,000. in annual gross rental income, making it an attractive investment. Each unit has been thoughtfully updated, and the home boasts a large private yard perfect for outdoor enjoyment. Ample multi-car parking adds to its convenience. Whether you're looking for a great investment property or a comfortable place to call home with rental income potential, this property checks all the boxes! Home back on the Market. Buyer could not perform. Excellent income with GOI at $61,200 per year. Estimated NOI at $48,900 = 8% Cap Rate. and 116.66 Gross Rent Multiplier.

Home Facts

Multi-Family

3 Baths

Built in 1810

Price Summary

595,000

$258 per Sq. Ft.

MLS #:

3937955

Last Updated:

April 19, 2025, 02:51 PM

Added:

4 month(s) ago

Rooms & Interior

Bathrooms

Total Bathrooms:

3

Full Bathrooms:

3

Interior

Living Area:

2,302 Sq. Ft.

Structure

Structure

Architectural Style:

2-Two Story

Building Area:

2,302 Sq. Ft.

Year Built:

1810

Lot

Lot Size (Sq. Ft):

40,075

Finances & Disclosures

Finances

Price:

$595,000

Price per Sq. Ft:

$258 per Sq. Ft.

Source:NJ GSMLS
The data relating to real estate for sale on this website comes in part from the IDX Program of Garden State Multiple Listing Service, L.L.C. Real estate listings held by other brokerage firms are marked as IDX Listing. Information deemed reliable but not guaranteed. 2025 Garden State Multiple Listing Service, L.L.C. All rights reserved. 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. This information is being provided 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. Date Last Updated April 19, 2025

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Contact an Agent

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