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20 Newton Ave Mixed use 20 Newton Ave 1,600 SF 100% Leased 4-Star Office Building Sussex, NJ 07461 $494,900 ($309.31/SF)



EXECUTIVE SUMMARY
Mixed use building. 2 Bedroom apartment upstairs, 800 sq ft commercial use downstairs. Fully renovated inside and out. New everything. Contact listing agent for more information. Cap rate of 7-8% based on potential comparable rents.
PROPERTY FACTS
Sale Type
Investment or Owner User
Property Type
Office
Property Subtype
Office/Residential
Building Size
1,600 SF
Building Class
B
LoopNet Rating
4 Star
Year Built/Renovated
1970/2024
Price
$494,900
Price Per SF
$309.31
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Typical Floor Size
1,600 SF
Building FAR
0.52
Lot Size
0.07 AC
Opportunity Zone
Yes
Zoning
commercial - mixed use
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PROPERTY TAXES
| Parcel Number | 21-00204-0000-00016 | Improvements Assessment | $48,800 |
| Land Assessment | $60,000 | Total Assessment | $108,800 |
PROPERTY TAXES
Parcel Number
21-00204-0000-00016
Land Assessment
$60,000
Improvements Assessment
$48,800
Total Assessment
$108,800
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Presented by
Kistle Realty
20 Newton Ave Mixed use | 20 Newton Ave
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