For Multi Family

36 E Main St,Sussex Boro, NJ 07461-2113

January 25, 2026

Excellent opportunity to own a strong income-producing two-family property, fully rented through the end of 2026. This asset offers immediate, reliable cash flow with long-term tenants already in place. Each unit is spacious and functional, making it attractive to both tenants and investors alike. Ideal for investors seeking stable returns or owner-occupants planning ahead. A turn-key property with built-in income from day one.

Property ID:PT-25829858-AXZR

Offer Type:For Multi Family

Property Type:Multi-Family

Price: 429,000 $

Bedrooms:4

Year Built:1920

Listing Details

Status: Active

Location

County: Sussex

Lotsize: 46X155

Lot Identifier: 5

Lot Description: Level Lot, Open Lot

Lot Identifier: 5

Home Details

Open Parking: 6

Basement: Yes

Basmnt/Desc: Yes - Full

Acreage: 0.16

Total Baths: 2.00

Unit Style: 2-Two Story

Number of Units: 2

Rooms: 10

Easement/Desc: Unknown

Exterior Description: Composition Shingle

Roof Description: Asphalt Shingle

Possesion: at closing

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

Unit 1 Levels: 1

Unit 1 Rooms: 5

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 Rent: 1475

Unit 1 Room Description: Bedrooms, Dining Room, Kitchen, Living Room

Unit 1 Security Deposit: 1650

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

Unit 2 Levels: 1

Unit 2 Rooms: 5

Unit 2 Beds: 2

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 Rent: 1700

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

Unit 2 Security Deposit: 2550

Block Identifier: 505

County Number: 28

Town Number: 2823

YB/Desc: 1920 - Approximate

Easement: Unknown

Parking/Driveway Description: 2 Car Width, Blacktop

Block Identifier: 505

County Number: 28

Town Number: 2823

Possession: at closing

Taxes, Fees & Assessments

Gross Operating Income: 38400

Net Operating Income: 23687

Expense Include: Garbage Collection, Insurance, Maintenance, Taxes

Warranty: No

Tax ID For Property: 2821-00505-0000-00005-0000-

Tax Amount: $5,427.00

Tax Year: 2024

Tax Rate: 3.495%

Tax Rate Year: 2025

Farm Assessment: No

Land Assessment: $35,300.00

Building Assessment: $120,000.00

Total Assessment: $155,300.00

FHA Age Restricted: No

Utilities

Water Heater: Gas

Heat Source: Gas-Propane Leased

Heat System: 2 Units

Cool System: None

Water: Public Water

Sewer: Public Sewer

Utilities: Electric, Gas-Natural

Services: Cable TV, Garbage Extra Charge

Schools

Grade School: C.LAWRENCE

Middle School: SUSSEX

High School: WANTAGE

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Listing Details

36 E Main St,Sussex Boro, NJ 07461-2113

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