For Multi Family

1430 Sussex Tpke,Randolph Twp., NJ 07869-1842

December 1, 2025

STRONG CASH FLOW IN RANDOLPH! A rare chance to own a fully rented, legal three-family in one of Randolph’s most desirable locations. This turnkey investment property delivers reliable income with a total monthly rent roll of $5,320, including additional revenue from two garages rented at $175 each. All three units are updated, well-maintained, and separately metered a major perk for any investor. The property offers ample off-street parking and a large, level yard, adding value and long-term tenant appeal. Current rents are affordable, helping ensure consistent occupancy and steady returns. Major updates provide peace of mind for years to come: roof 2016, stairs and deck 2017, updated electrical service 2019, three new water heaters 2024, water treatment system 2025, septic pumped and inspected in 2025. Whether you’re expanding your portfolio or seeking your first multi-family investment, this property checks all the boxes: cash flow, condition, and consistency. Don’t miss this opportunity.

Property ID:PT-16944693-AXZR

Offer Type:For Multi Family

Property Type:Multi-Family

Price: 725,000 $

Bedrooms:4

Year Built:1910

Listing Details

Status: Active

Location

County: Morris

Lotsize: 1.90 AC

Lot Identifier: 27

Lot Description: Corner, Level Lot

Lot Identifier: 27

Home Details

Open Parking: 6

Basement: Yes

Basmnt/Desc: Yes - Bilco-Style Door, Unfinished

Acreage: 1.90

Total Baths: 4.00

Unit Style: 2-Two Story, Triplex

Number of Units: 3

Rooms: 13

Easement/Desc: Unknown

Exterior Description: Vinyl Siding

Roof Description: Asphalt Shingle

Possesion: POT

Unit 1 Appliances/Equipment: Carbon Monoxide Detector, Range/Oven - Electric, Refrigerator, Smoke Detector

Unit 1 Levels: 1

Unit 1 Rooms: 5

Unit 1 Beds: 2

Unit 1 Baths: 2.0

Unit 1 Owner/Tenant Pays: Tenant Pays Electric, Tenant Pays Gas, Tenant Pays Heat

Unit 1 Handicap: No

Unit 1 SqFt: 999

Unit 1 Rent: 2300

Unit 1 Room Description: Bedrooms, Dining Room, Eat-In Kitchen, Kitchen, Living Room, Master Bedroom

Unit 1 Security Deposit: 3450

Unit 2 Appliances/Equipment: Carbon Monoxide Detector, Range/Oven - Electric, Refrigerator, Smoke Detector

Unit 2 Levels: 1

Unit 2 Rooms: 4

Unit 2 Beds: 1

Unit 2 Baths: 1.0

Unit 2 Owner/Tenant Pays: Tenant Pays Electric, Tenant Pays Gas, Tenant Pays Heat

Unit 2 Handicap: No

Unit 2 SqFt: 999

Unit 2 Rent: 1350

Unit 2 Room Description: Bedrooms, Dining Room, Kitchen, Living Room, Master Bedroom

Unit 2 Security Deposit: 2025

Unit 3 Appliances/Equipment: Carbon Monoxide Detector, Range/Oven - Electric, Refrigerator, Smoke Detector

Unit 3 Levels: 1

Unit 3 Rooms: 4

Unit 3 Beds: 1

Unit 3 Baths: 1.0

Unit 3 Owner/Tenant Pays: Tenant Pays Electric, Tenant Pays Gas, Tenant Pays Heat

Unit 3 Handicap: No

Unit 3 SqFt: 999

Unit 3 Rent: 1320

Unit 3 Room Description: Bedrooms, Dining Room, Kitchen, Living Room, Master Bedroom

Unit 3 Security Deposit: 1980

Color of Building: White

Garage Description: Detached Garage

Number of Garage Spaces: 2

Block Identifier: 21

County Number: 23

Town Number: 2332

YB/Desc: 1910 - Approximate

Color of Building: White

Easement: Unknown

Parking/Driveway Description: Blacktop, Common, Off-Street Parking

Block Identifier: 21

County Number: 23

Town Number: 2332

Possession: POT

Taxes, Fees & Assessments

Gross Operating Income: 63840

Net Operating Income: 47664

Expense Include: Garbage Collection, Insurance, Maintenance, Taxes

Tax ID For Property: 2332-00021-0000-00027-0000-

Tax Amount: $11,476.00

Tax Year: 2024

Tax Rate: 2.831%

Tax Rate Year: 2025

Land Assessment: $136,100.00

Building Assessment: $269,300.00

Total Assessment: $405,400.00

FHA Age Restricted: No

Utilities

Water Heater: Gas

Heat Source: Gas-Natural

Heat System: 3 Units, Baseboard - Hotwater

Cool System: Ceiling Fan, Wall A/C Unit(s)

Water: Well

Sewer: Septic 4 Bedroom Town Verified

Utilities: Gas-Natural

Services: Cable TV Available

Schools

Grade School: Ironia

Middle School: Randolph

High School: Randolph

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Listing Details

1430 Sussex Tpke,Randolph Twp., NJ 07869-1842

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