For Multi Family

46 Trinity St,Newton Town, NJ 07860-1815

October 26, 2025

Tenants Pay All Utilities.Three Units – Two Residential Fully Rented with very strong cash flow and a HUGE additional outbuilding for upside–In addition to the two fully rented Residential Units there is a very large storage/house that could be used as a work shop or rented for additional income (Owners currently use it for their own storage). This out building currently has electric but it would be possible to convert this to two studio apartments or a large 2 BR if plumbing was added. Whether you rent it out as is for storage or convert it, the upside is huge and the cap rate is very strong as it is right now. 8 CAP+

Property ID:PT-6888773-AXZR

Offer Type:For Multi Family

Property Type:Multi-Family

Price: 550,000 $

Bedrooms:5

Year Built:1900

Listing Details

Status: Active

Location

County: Sussex

Lotsize: 00000.272 AC.

Lot Identifier: 2

Lot Description: Level Lot

Lot Identifier: 2

Home Details

Open Parking: 8

Basement: Yes

Renovated: 2021

Basmnt/Desc: Yes - Bilco-Style Door

Acreage: 0.27

Total Baths: 2.00

Unit Style: 2-Two Story

Number of Units: 3

Rooms: 12

Easement/Desc: Unknown

Roof Description: Asphalt Shingle

Possesion: at closing

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 SqFt: 9999

Unit 1 Rent: 2200

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: 9999

Unit 2 Rent: 2850

Unit 2 Security Deposit: 2400

Unit 3 Levels: 1

Unit 3 Baths: 0.0

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

Unit 3 Handicap: No

Unit 3 SqFt: 9999

Block Identifier: 8.05

County Number: 28

Town Number: 2817

YB/Desc: 1900 - Approximate, Renovated

Easement: Unknown

Parking/Driveway Description: Blacktop

Block Identifier: 8.05

County Number: 28

Town Number: 2817

Possession: at closing

Taxes, Fees & Assessments

Gross Operating Income: 60600

Net Operating Income: 45600

Expense Include: Insurance, Taxes

Tax ID For Property: 2815-00008-0005-00002-0000-

Tax Amount: $10,002.00

Tax Year: 2024

Tax Rate: 2.727%

Tax Rate Year: 2025

Land Assessment: $77,700.00

Building Assessment: $307,800.00

Total Assessment: $385,500.00

FHA Age Restricted: No

Utilities

Water Heater: Electric

Heat Source: Gas-Natural

Heat System: Radiators - Hot Water

Cool System: Window A/C(s)

Water: Public Water

Sewer: Public Sewer

Utilities: Electric, Gas In Street

Services: Cable TV

Type *

Date *

Time *

Your Name *

Phone *

Email *

Your Message *

For Multi Family

Multi-Family

52 Trinity St,Newton Town, NJ 07860-1815

450,000 $

Trinity St, Newton Town, Sussex

Beds 6

For Multi Family

Multi-Family

32 Trinity St,Newton Town, NJ 07860-1815

475,000 $

Trinity St, Newton Town, Sussex

Beds 5

For Multi Family

Multi-Family

340 Livingston Ave,New Brunswick City, NJ 089...

550,000 $

Livingston Ave, New Brunswick City, Middlesex

Beds 5

For Multi Family

Multi-Family

239 S 8th St,Newark City, NJ 07103-3681

680,000 $

S 8th St, Newark City, Essex

Beds 8

For Multi Family

Multi-Family

20 Anderson Hill Rd,Bernardsville Boro, NJ 07...

629,000 $

Anderson Hill Rd, Bernardsville Boro, Somerset

Beds 4

For Multi Family

Multi-Family

543 13th Ave,Newark City, NJ 07103-1312

899,900 $

13th Ave, Newark City, Essex

Beds 6

550,000 $

4 Views
0 Rating
0 Favorites
0 Share
0 Comments
0 Likes
0 Love
0 Dislike

+01-123-4567

Listing Details

46 Trinity St,Newton Town, NJ 07860-1815

Description

Details