3 months on rocket

8 Newton Ave, Sussex Boro, NJ, 07461

$399,900

Home List Price

$4,749*

Closing Credit

4 Bedrooms
2 Full Baths, 1 Partial
Multi

Location

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8 Newton Ave, Sussex$399,900

Buyer Closing Credits

$4,749*

1.25% Loan Amount

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Property Highlights

Home TypeMulti Family
ParkingOn-Street Parking
Year Built1911
HeatingBaseboard, Forced Air, Electric
BasementYes
MLS #3923602
Lot Size0.04 Acres
StatusActive

About 8 Newton Ave

WOW! RENOVATED, MIXED USE BUILDING LOCATED IN DOWNTOWN SUSSEX. THIS 3 STORY BUILDING FEATURES A COMMERCIAL STORE FRONT ON THE 1ST FLOOR AND 2- 2 BEDROOM APARTMENTS ON THE 2ND AND 3RD FLOOR. THE STORE IS RENOVATED AND HAS A LEASE. THE SECOND FLOOR UNIT IS RENOVATED AND FEATURES 2 BEDROOMS, LIVING ROOM, KITCHEN AND A FULL BATHROOM. THE 3RD FLOOR UNIT FEATURES A NEW KITCHEN, 2 BEDROOMS, LIVING ROOM, KITCHEN AND A FULL BATHROOM. THE STORE FRONT IS FUELED BY OIL HEAT, THE SECOND AND THIRD FLOOR APARTMENTS ARE ELECTRIC HEAT. PUBLIC WATER AND SEWER SERVICE THE BUILDING. EACH UNIT DOES HAVE SEPARATE WATER METERS, BUT THE LANDLORD IS CURRENTLY PAYING THE WATER AND SEWER. LEASES ARE ALL READY TO RENEW AND ALL TENANTS WOULD LIKE TO STAY. SUSSEX IS AN UP-AND-COMING TOWN AND IS CLOSE TO MAJOR ROUTES AND SHOPPING. SOLID INVESTMENT WITH ROOM TO GROW.

Property Details

Property Features

Property Information:

  • Architectural Style: 3-Three Story
  • Year Built: 1911

Listing Office:

  • Office Name: RE/MAX SELECT
  • Office Phone: (973) 625-0450

Interior Features

Interior Information:

  • Appliances: Refrigerator, Microwave
  • Basement: Yes
  • Interior: Carbon Monoxide Detector, Carpeting, Smoke Detector, Vinyl-Linoleum Floors

Bedroom and Bathroom Information:

  • Partial Bathrooms: 1
  • Full Bathrooms: 2
  • Total Bedroom Count: 4

Exterior Features

Exterior Information:

  • Exterior: Sidewalk, Thermal Windows/Doors

Parking Information:

  • Parking: On-Street Parking

Lot Features

Lot Information:

  • Lot: Level
  • Lot Size: 0.04 Acres

Utilities

Utilities Information:

  • Heating: Baseboard, Forced Air, Electric

Other

Directions Information:

  • Directions: 8 NEWTON AVE, SUSSEX

Price Information

Listing Price Info

Price Summary:

  • List Price: $399,900
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Housing Market Comparison

See how this home compares to others in Sussex, NJ.

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Sussex, NJ

City

Med. Sold Price

$412.5K

Med. Price/SqFt

$233

# of Sold Homes

17

8 Newton Ave vs Sussex

99 DAYS ON ROCKET

$399,900

-$12.6K Less

KEY TAKEAWAY

This property is $12.6K less than the Median Sold Price in Sussex, NJ.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Number: #3923602

Listing Office:

  • Office Name: RE/MAX SELECT
  • Office Phone: (973) 625-0450

Information deemed reliable but not guaranteed. Copyright © 2024 Garden State Multiple Listing Service, L.L.C. All rights reserved.

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Notice: The dissemination of listings displayed herein does not constitute the consent required by N.J.A.C. 11:5.6.1 (n) for the advertisement of listings exclusively for sale by another broker. Any such consent must be obtained in writing from the listing broker.

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Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 12/21/2024, 11:20:48 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

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Recommended Financing

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Rate/APR

7.5% / 6.68%

Total Monthly Payment

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NMLS#3030

Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-815921
3
/10

  • Wantage Elementary School

  • 815 State Rt 23

  • 1.51 miles

  • Public District Grades 3-5

school-card-donut-815922
5
/10

  • Lounsberry Hollow Middle School

  • 30 Sammis Road

  • 5.57 miles

  • Public District Grades 5-6

school-card-donut-815923
2
/10

  • Rolling Hills Primary School

  • 60 Sammis Road

  • 5.79 miles

  • Public District Grades 2-4

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $72,807. Residents of Sussex, NJ typically earn between $35k-100k each year. Most families are single, no kids. Typical level of education for residents in this area is high school diploma.

All data provided by Home Junction and Claritas

Rocket Homes›New Jersey›Sussex County›Sussex›07461›8 Newton Ave

This home is located at 8 Newton Ave in Sussex Boro, NJ and zip code 07461. This home, which was built in 1911, sits on a 0.04 acre lot. Features: 4 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since September 13, 2024 and is currently priced at $399,900.

Over 10 listings were sold over their listed price in November 2024 in Sussex, NJ. In the same period over 4 listings were sold below the listed price and 3 listings were sold for the listed price. The number of homes for sale in Sussex, NJ decreased by 2.1% between October 2024 and November 2024.

From Rocket Homes Real Estate and based on county public records data.

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