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19 Merriam Ave
Newton, NJ 07860
Multifamily Property For Sale
·
6 Units
PROPERTY FACTS
| No. Units | 6 | Lot Size | 0.21 AC |
| Property Type | Multifamily | Building Size | 4,200 SF |
| Property Subtype | Apartment | No. Stories | 2 |
| Apartment Style | Low-Rise | Year Built/Renovated | 1935/2017 |
| Building Class | C | Parking Ratio | 1.9/1,000 SF |
| Zoning | T-3 Residential | ||
| No. Units | 6 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.21 AC |
| Building Size | 4,200 SF |
| No. Stories | 2 |
| Year Built/Renovated | 1935/2017 |
| Parking Ratio | 1.9/1,000 SF |
| Zoning | T-3 Residential |
AMENITIES
UNIT AMENITIES
- Air Conditioning
- Dishwasher
- Microwave
- Washer/Dryer
- Heating
- Refrigerator
- Range
ABOUT 19 MERRIAM AVE , NEWTON, NJ 07860
Across street from Thor Labs walking distance to town center retail, services and entertainment. Property just completed a full renovation and modernization. Complete interior rehabilitation. Parking for 8 vehicles. A total of 6 apartments, two 2-bedrom and four 1-bedroom units. Completed project in October 2017. Fully occupied by December 2017. Units include all new appliance, and come with in unit washer/dryer units. Heating of units by Ptac HVAC units with electric heat pumps. Tenants pay electric. Owner pays house electric, landscaping, water, sewer and garbage. Very easy property to manage.
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 1+1 | 4 | $1,050 | 525 - 550 |
| 2+1 | 2 | $1,400 | 1,050 |
PROPERTY TAXES
| Parcel Number | 15-00022-02-00003 | Improvements Assessment | $0 |
| Land Assessment | $300,900 | Total Assessment | $300,900 |
PROPERTY TAXES
