20 Madison St, Newton Town, NJ 07860
- 2 beds |
- 2 baths
Multi-Family Home
Built in 1900
8,276sqft lot
—— car garage
$——/sqft
Listed 4 months ago
Property Description
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!
- Listing Status:
- Pending
- Date Added:
- April 25, 2025 at 12:00AM
- Listing Office:
- EXP REALTY, LLC : 866-201-6210
- MLS ID:
- 3958008
This listing courtesy of EXP REALTY, LLC
Monthly Payment
- Principal & Interest $
- Property Taxes $
- Home Insurance $
- VA Funding Fee $
Location
Schools Nearby
Merriam Avenue Elementary School
81 Merriam Ave, Newton, NJ, 07860
Grades PK-5
0.72 miles away
Halsted Middle School
59 Halsted St, Newton, NJ, 07860
Grades 6-8
0.11 miles away
Newton High School
44 Ryerson Ave, Newton, NJ, 07860
Grades 9-12
0.54 miles away