46 Trinity St

Newton Town, NJ 07860


 

Price: $550,000

GSMLS:  3994658
Type: Multi-Family
Style: 2-Two Story
Total Units: 3
Beds: 5
Baths: 2 Full
Garage: No
Year Built: 1900
Acres: 0.27
Property Tax: $10,002
Description
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+
General Info
Style:
2-Two Story
SqFt Building:
n/a
Total Rooms:
12
Basement:
Yes - Bilco-Style Door
Interior:
See Remarks
Roof:
Asphalt Shingle
Exterior:
See Remarks
Lot Size:
n/a
Lot Desc:
Level Lot
Parking
Garage Capacity:
No
Description:
See Remarks
Parking:
Blacktop, See Remarks
Spaces Available:
8
Unit 1
Bedrooms:
2
Bathrooms:
1
Total Rooms:
5
Room Description:
See Remarks
Levels:
1
Square Foot:
n/a
Fireplaces:
n/a
Appliances:
See Remarks
Utilities:
Tenant Pays Electric, Tenant Pays Gas, Tenant Pays Heat, Tenant Pays Water
Handicap:
No
Unit 2
Bedrooms:
3
Bathrooms:
1
Total Rooms:
6
Room Description:
See Remarks
Levels:
1
Square Foot:
n/a
Fireplaces:
n/a
Appliances:
See Remarks
Utilities:
Tenant Pays Electric, Tenant Pays Gas, Tenant Pays Heat, Tenant Pays Water
Handicap:
No
Unit 3
Bedrooms:
n/a
Bathrooms:
n/a
Total Rooms:
n/a
Room Description:
See Remarks
Levels:
1
Square Foot:
n/a
Fireplaces:
n/a
Appliances:
See Remarks
Utilities:
Tenant Pays Electric, Tenant Pays Gas, Tenant Pays Heat, Tenant Pays Water
Handicap:
No
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:
Tenant Pays Electric, Tenant Pays Gas, Tenant Pays Heat, Tenant Pays Water
Handicap:
n/a
Utilities
Heating:
Radiators - Hot Water, See Remarks
Heating Fuel:
Gas-Natural
Cooling:
Window A/C(s)
Water Heater:
Electric
Water:
Public Water
Sewer:
Public Sewer
Utilities:
Electric, Gas In Street, See Remarks
Services:
Cable TV
School Information
Elementary:
n/a
Middle:
n/a
High School:
n/a
Community Information
County:
Sussex
Town:
Newton Town
Neighborhood:
n/a
Financial Considerations
List Price:
$550,000
Tax Amount:
$10,002
Land Assessment:
$77,700
Build. Assessment:
$307,800
Total Assessment:
$385,500
Tax Rate:
2.73
Tax Year:
2024
Listing Information
MLS ID:
3994658
List Date:
10-26-2025
Days On Market:
1
Listing Broker:
FAIRCLOUGH REALTORS
Listing Agent:
 

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


RE/MAX

Town & Valley II

211 Route 10 East
Succasunna, NJ 07876
Office: (973) 598-1008
Fax: (973) 598-1908


Shawn and Diane Fox