100 Main St | Newton, NJ 07860
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- LoopNet Team
100 Main St
Newton, NJ 07860
6-Unit Multifamily in the Heart of Newton, NJ · Multifamily Property For Sale · 6 Units
INVESTMENT HIGHLIGHTS
- This investment opportunity includes six apartment units featuring a showpiece architectural style with manicured grounds and a wraparound porch.
- Positioned in one of the most consistently in-demand locations for housing as local employment and commerce opportunities continue to grow.
- This rare offer provides very strong upside potential with minimal going-in expenses.
- The units are partially sub-metered for water (three units) and separately metered for electric.
- The property has been exceptionally maintained, with a full roof replacement in 2022.
PROPERTY FACTS
| No. Units | 6 | Lot Size | 0.26 AC |
| Property Type | Multifamily | Building Size | 45,888 SF |
| Property Subtype | Apartment | Average Occupancy | 50% |
| Apartment Style | Low-Rise | No. Stories | 3 |
| Building Class | C | Year Built | 1840 |
| No. Units | 6 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.26 AC |
| Building Size | 45,888 SF |
| Average Occupancy | 50% |
| No. Stories | 3 |
| Year Built | 1840 |
UNIT AMENITIES
- Air Conditioning
- Heating
- Kitchen
- Oven
- Range
- Tub/Shower
- Sunroom
- Views
- Yard
- Built-In Bookshelves
- Deck
- Porch
SITE AMENITIES
- 24 Hour Access
- Controlled Access
- Tenant Controlled HVAC
- Walking/Biking Trails
- Walk-Up
- Smoke Detector
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| Studios | 1 | - | - |
| 1+1 | 3 | - | - |
| 2+1 | 2 | - | - |
PROPERTY TAXES
| Parcel Number | 15-00007-07-00006 | Improvements Assessment | $399,900 |
| Land Assessment | $164,700 | Total Assessment | $564,600 |
PROPERTY TAXES
Parcel Number
15-00007-07-00006
Land Assessment
$164,700
Improvements Assessment
$399,900
Total Assessment
$564,600
ZONING
| Zoning Code | T-5 |
| T-5 |
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