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!
Active
$375,000
20 Madison St, Newton Town, NJ 07860
2beds
--sqft
Est.:
Multi Family
Built in 1900
-- sqft lot
$-- Zestimate®
$--/sqft
$-- HOA
What's special
- 3 days
- on Zillow |
- 433 |
- 27 |
Zillow last checked: 13 hours ago
Listing updated: April 24, 2025 at 08:02pm
Listed by:
Rachel Bucci 201-674-5216,
Exp Realty, Llc
Source: GSMLS,MLS#: 3958008

Travel times
Tour with a buyer’s agent
Tour with a buyer’s agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 2
- Full bathrooms: 2
Heating
- 2 Units, Baseboard - Hotwater, Natural Gas
Cooling
- Wall Unit(s)
Appliances
- Included: Dryer, Range/Oven - Gas, Refrigerator, Washer, Gas Water Heater
- Laundry: Laundry Room
Features
- Bedrooms, Eat-in Kitchen, Living Room, Pantry, Attic, Eat-In Kitchen
- Basement: Yes,Full,Unfinished
- Has fireplace: No
Interior area
- Total structure area: 0
Property
Parking
- Total spaces: 6
- Parking features: 1 Car Width
- Uncovered spaces: 6
Features
- Levels: Two
- Stories: 2
- Patio & porch: Deck, Open Porch(es)
Lot
- Size: 8,276.4 Square Feet
- Dimensions: 00000.189 AC.
Details
- Parcel number: 2815000080007000140000
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Composition Shingle
- Roof: Asphalt Shingle,Slate
Condition
- Year built: 1900
Utilities & green energy
- Gas: Gas-Natural
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Electricity Connected, Natural Gas Connected
Community & HOA
Community
- Security: Carbon Monoxide Detector(s), Carbon Monoxide Detector, Smoke Detector
Location
- Region: Newton
Financial & listing details
- Tax assessed value: $357,000
- Annual tax amount: $9,239
- Date on market: 4/25/2025
- Total actual rent: 2800
- Tenant pays: Electricity, Gas, Tenant Pays Electric, Tenant Pays Gas
- Electric utility on property: Yes
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