Backup offers
$5,641 Closing Credit¹
#3934259, Listing Office: REALTY EXECUTIVES EXCEPTIONAL
$375,000 List price
20 Madison St Newton Town, NJ 07860
$4,453
Closing credit¹
2 beds
2 full
0.2 acres
Multi-Family
Property details
About 20 Madison St
Welcome to this beautifully maintained Victorian two-family home, perfectly positioned in the vibrant downtown of Newton, NJ. This character-rich property offers two spacious one-bedroom units, both fully occupied with long-term tenants, making it an excellent investment opportunity with below-market rents and strong upside potential.Enjoy classic charm with modern conveniences, including a private driveway with ample parking, a welcoming open-air front porch, and a back deck ideal for outdoor relaxation. The full basement provides generous storage space, while both units are serviced by natural gas, public water, and public sewer.Situated just a short walk to local shops, cafes, and restaurants, and only minutes to major retailers and conveniences. Residents of Newton enjoy unique perks like free preschool, complimentary pool memberships, and a full calendar of free community events and recreational programs adding incredible lifestyle value.Whether you're an investor seeking stable cash flow with room to grow, or a homeowner looking for rental income to offset your mortgage, this property is a rare find in one of Sussex County's most desirable walkable towns. Don't miss your chance to own a piece of Newton's charm schedule your private showing today!
Highlights
Home typeMulti Family
HeatingMulti Unit(s), Natural Gas
StatusActive
BasementYes
Lot size0.19 Acres
Year built1900
Parking1 Car Width
MLS #3958008
Summary
- MLS Number: 3958008
- Office Name: EXP REALTY, LLC
- Office Phone: (201) 674-5216
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Last updated on: 4/26/2025, 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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$375,000
20 Madison St
$4,453
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
0.7 mi
•81 Merriam Ave
7
Florence M. Burd Elementary School
Public District PK-4
2.7 mi
•219 Newton Sparta Rd
9
Fredon Township School
Public District PK-6
3.7 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 $57,555. Most Newton Town, NJ residents have annual incomes between $35k-100k. Residents typically live in single, no kids family. Residents of this area typically have high school diploma education.
How much money do the neighbors make?
23%
<35k
55%
35k-100k
20%
100k-200k
2%
200k+
What level of education do the neighbors have?
High School Diploma
Post Secondary Degree
Masters Degree
What types of families live nearby?
45%
Single, No Kids
12%
Single, with Kids
24%
Married, No Kids
19%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
14%
<11 yrs old
8%
12-17 yrs old
21%
18-34 yrs old
44%
35-64 yrs old
13%
65+ yrs old
What do the neighbors do for fun?
Pro Wrestling
Figure Skating
Extreme Sports
Where do the neighbors shop?
Family Dollar
Kmart
Academy Sports & Outdoors
Where do the neighbors go to eat?
Dominos Pizza
Bob Evans
Little Caesars
What do the neighbors drive?
Ford
Buick
Chevrolet
What do the neighbors listen to?
New Country
Oldies
Country
All data provided by Home Junction and Claritas
Similar homes for sale
This home is located at 20 Madison St in Newton Town, NJ and zip code 07860. Features: 2 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since April 23, 2025 and is currently priced at $375,000.
While more than 9 listings in Newton Town, NJ in March 2025 were sold above asking price, there were more than 4 listings sold at asking price, and more than 3 were sold below. Between February and March 2025, Newton Town, NJ real estate market has seen increase in the number of listings by 18.6%.
From Rocket Homes Real Estate and based on county public records data.