68 High St

Newton Town, NJ 07860


 

Price: $350,000

GSMLS:  4022742
Type: Multi-Family
Style: 3-Three Story
Total Units: 2
Beds: 4
Baths: 2 Full
Garage: No
Year Built: 1890
Acres: 0.08
Property Tax: $8,598
Description
Investor opportunity in Newton's historic district! This two-family home offers strong income potential and flexibility for both investors and owner-occupants. Public water and public sewer already in place, along with separate electric meters for each unit. Natural gas is available in the street, offering the next owner the potential to install separate boilers and further divide utility costs. The vacant upstairs unit features 3 bedrooms, nicely refinished hardwood floors, an updated kitchen and bath, and a private balcony. The first-floor unit is occupied by a tenant paying $1,850/month, providing immediate cash flow. With charm, upside, and a prime location, this property is a great opportunity to add to your portfolio or offset your mortgage with rental income.
General Info
Style:
3-Three Story
SqFt Building:
n/a
Total Rooms:
8
Basement:
Yes - Full, Unfinished
Interior:
Smoke Detector, Tile Floors, Wood Floors
Roof:
Slate
Exterior:
Wood
Lot Size:
n/a
Lot Desc:
n/a
Parking
Garage Capacity:
No
Description:
n/a
Parking:
2 Car Width, See Remarks
Spaces Available:
n/a
Unit 1
Bedrooms:
1
Bathrooms:
1
Total Rooms:
3
Room Description:
Bedrooms, Eat-In Kitchen, Family Room
Levels:
1
Square Foot:
n/a
Fireplaces:
n/a
Appliances:
Ceiling Fan(s), Range/Oven - Electric, Refrigerator, Smoke Detector
Utilities:
Owner Pays Heat, Owner Pays Water, Tenant Pays Electric
Handicap:
No
Unit 2
Bedrooms:
3
Bathrooms:
1
Total Rooms:
5
Room Description:
Bedrooms, Kitchen, Living/Dining Room
Levels:
2
Square Foot:
n/a
Fireplaces:
n/a
Appliances:
Range/Oven - Electric, Refrigerator, Smoke Detector
Utilities:
Owner Pays Heat, Owner Pays Water, Tenant Pays Electric
Handicap:
No
Unit 3
Bedrooms:
n/a
Bathrooms:
n/a
Total Rooms:
n/a
Room Description:
n/a
Levels:
n/a
Square Foot:
n/a
Fireplaces:
n/a
Appliances:
n/a
Utilities:
n/a
Handicap:
n/a
Unit 4
Bedrooms:
n/a
Bathrooms:
n/a
Total Rooms:
n/a
Room Description:
n/a
Levels:
n/a
Square Foot:
n/a
Fireplaces:
n/a
Appliances:
n/a
Utilities:
n/a
Handicap:
n/a
Utilities
Heating:
1 Unit, Radiators - Steam
Heating Fuel:
Oil Tank Above Ground - Inside
Cooling:
Ceiling Fan, Wall A/C Unit(s)
Water Heater:
n/a
Water:
Public Water
Sewer:
Public Sewer
Utilities:
Electric, Gas In Street
Services:
n/a
School Information
Elementary:
n/a
Middle:
NEWTON
High School:
NEWTON
Community Information
County:
Sussex
Town:
Newton Town
Neighborhood:
Historic District
Financial Considerations
List Price:
$350,000
Tax Amount:
$8,598
Land Assessment:
$68,100
Build. Assessment:
$278,100
Total Assessment:
$346,200
Tax Rate:
2.66
Tax Year:
2025
Listing Information
MLS ID:
4022742
List Date:
04-23-2026
Days On Market:
0
Listing Broker:
ADDISON REAL ESTATE
Listing Agent:
Patrick Bolger
 

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Shawn and Diane Fox
RE/MAX American Dream
3108 Route 10 West
Denville, NJ 07834
Call: (973) 277-7853
Web: BerkshireHillsLiving.com


RE/MAX

Town & Valley II

211 Route 10 East
Succasunna, NJ 07876
Office: (973) 598-1008


Shawn and Diane Fox