Listing Office: RE/MAX PLATINUM GROUP
$8,016
closing credit¹
120 High St Newton Town, NJ 07860
Property details
About 120 High St
Prime investment opportunity!! 4 unit property in the heart of historic Newton. This exceptional multi-family property is the perfect addition to your investment portfolio. Each unit is well-maintained, easy layout with modern updates, ensuring consistent tenant satisfaction and steady rental income. The property includes:(2) 2-bedroom, 1-bath apartments, and (2) 1-bedroom, 1-bath apartments. All units are currently tenant occupied and generating a strong cash flow. Private off-street parking for tenants and guests, plus 4 separate garage spaces all currently rented separate from the tenant leases. A shared backyard for outdoor relaxation. Close proximity to schools, shopping centers, and public transportation, ensuring high demand for rentals in the area. This property has a strong rental history, with long-term tenants and minimal vacancy.
Highlights
Summary
- MLS Number: 3943042
- Office Name: KELLER WILLIAMS INTEGRITY
- Office Phone: (973) 726-0088
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Last updated on: 1/30/2025, 9:20:47 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$675,000
120 High St
$8,016
closing credit¹
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Price information
Property sales
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Tax history
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Nearby schools
3
Merriam Avenue Elementary School
Public District PK-5
0.9 mi
•81 Merriam Ave
7
Florence M. Burd Elementary School
Public District PK-4
3.1 mi
•219 Newton Sparta Rd
9
Fredon Township School
Public District PK-6
3.3 mi
•459 State Route 94 S
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $53,182. Residents of Newton Town, NJ typically earn between $35k-100k each year. Residents typically live in single, no kids family. The majority of residents in this area have post secondary degree education.
Similar homes for sale
This home is located at 120 High St in Newton Town, NJ and zip code 07860. Features: 6 bedrooms, 4 bathrooms. It has been listed on Rocket Homes since January 30, 2025 and is currently priced at $675,000.
In December 2024 more than 12 listings in Newton Town, NJ were sold above the asking price. During the same period more than 1 listings were sold at asking price, while more than 7 were sold below. The number of homes for sale in Newton Town, NJ decreased by 6.7% between November and December 2024.