Listing Details

32 Trinity St,Newton Town, NJ 07860-1815

  • October 26, 2025

Description

Great cash flowing 2 unit multi family on Trinity St. One 3 BR/1BA and One 2 BR/1BA-Fully rented, tenants pay all utilities. 8 CAP+. Partially renovated..Tenants Pay ALL Utilities

Details

Last Updated On: October 26th, 2025 at 11:28 pm
Property ID:PT-6888745-AXZR
Offer Type:For Multi Family
Property Type:Multi-Family
Price: 475,000 $
Bedrooms:5
Year Built:1880

Additional Details

Listing Details

Status: Active

Location

County: Sussex
Lotsize: 00000.134 AC.
Lot Identifier: 2
Lot Identifier: 2

Home Details

Open Parking: 0
Basement: Yes
Renovated: 2020
Basmnt/Desc: Yes - Bilco-Style Door
Acreage: 0.13
Total Baths: 2.00
Unit Style: 2-Two Story
Number of Units: 2
Rooms: 12
Easement/Desc: Unknown
Roof Description: Asphalt Shingle
Possesion: at closing
Unit 1 Levels: 1
Unit 1 Rooms: 6
Unit 1 Beds: 2
Unit 1 Baths: 1.0
Unit 1 Owner/Tenant Pays: Tenant Pays Electric, Tenant Pays Gas, Tenant Pays Heat, Tenant Pays Water
Unit 1 Handicap: No
Unit 1 SqFt: 1200
Unit 1 Rent: 2200
Unit 1 Room Description: Bedrooms, Kitchen, Living Room, Living/Dining Room
Unit 1 Security Deposit: 2000
Unit 2 Levels: 1
Unit 2 Rooms: 6
Unit 2 Beds: 3
Unit 2 Baths: 1.0
Unit 2 Owner/Tenant Pays: Tenant Pays Electric, Tenant Pays Gas, Tenant Pays Heat, Tenant Pays Water
Unit 2 Handicap: No
Unit 2 SqFt: 1200
Unit 2 Rent: 2400
Unit 2 Room Description: Bedrooms, Kitchen, Living Room, Living/Dining Room
Unit 2 Security Deposit: 2000
Block Identifier: 8.04
County Number: 28
Town Number: 2817
YB/Desc: 1880 - Approximate
Easement: Unknown
Block Identifier: 8.04
County Number: 28
Town Number: 2817
Possession: at closing

Taxes, Fees & Assessments

Gross Operating Income: 55200
Net Operating Income: 38200
Expense Include: Insurance, Maintenance, Taxes
Tax ID For Property: 2815-00008-0004-00002-0000-
Tax Amount: $11,385.00
Tax Year: 2024
Tax Rate: 2.727%
Tax Rate Year: 2025
Land Assessment: $66,700.00
Building Assessment: $369,100.00
Total Assessment: $435,800.00
FHA Age Restricted: No

Utilities

Water Heater: Electric
Heat Source: Electric
Heat System: Baseboard - Electric
Cool System: Window A/C(s)
Water: Public Water
Sewer: Public Sewer
Utilities: Electric
Services: Cable TV

Features

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