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  • $375,000

    20 Madison St, Newton Town, NJ 07860

    2beds
    --sqft
    : 
    Multi Family
    Built in 1900
    -- sqft lot
    $-- Zestimate®
    $--/sqft
    $-- HOA

    What's special

    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!
    3 days
    on Zillow
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    433
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    27
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    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#: 3958008MLS Logo
    Travel times

    Tour with a buyer’s agent

    We’ll find a local expert to take you on a private tour of 20 Madison St.

    Next available tour time:Today at 11:30am

    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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