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Price increase: $10K (7/7)

$399,900

1068 County Road 521, Stillwater Twp., NJ 07860

3beds

1,828sqft

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Multi Family

Built in 1930

-- sqft lot

$398,700 Zestimate^®

$219/sqft

$-- HOA

What's special

Separate boilerSeparate oil tankNewer roof

Investor's dream in the desirable Stillwater section of Newton! This income-producing two-family property offers the perfect opportunity for investors or owner-occupants looking to offset their mortgage with rental income.Each unit is serviced by its own private driveway, separate boiler, and separate oil tank, providing added convenience and reducing shared maintenance concerns. A newer roof helps minimize future expenses and adds peace of mind for years to come.Situated in a sought-after location with easy access to local amenities, shopping, dining, and major roadways, this property combines privacy, functionality, and strong investment potential. Whether you're building your portfolio or searching for a multi-family property with excellent long-term value, this is an opportunity you won't want to miss.Strong rental potential, separate utilities, and a great location make this one a must-see.

23 days

1,948

113

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Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 3
Bathrooms: 2
Full bathrooms: 2

Heating

2 Units, Baseboard - Cast Iron, Oil Tank Above Ground - Inside

Cooling

Ductless Split AC, Window Unit(s)

Appliances

Included: See Remarks

Features

Bedrooms, Dining Room, Kitchen, Living Room, Pantry, Master Bedroom, Attic, Eat-In Kitchen
Basement: Yes,Full
Has fireplace: No

Interior area

Total structure area: 1,828
Total interior livable area: 1,828 sqft

Property

Parking

Total spaces: 5
Parking features: 2 Car Width
Uncovered spaces: 5

Features

Levels: Two
Stories: 2

Lot

Size: 0.3 Acres
Dimensions: 94 x 140 AV
Features: Backs to Park Land

Details

Parcel number: 2820017030000000030000
Zoning description: C

Construction

Type & style

Home type: MultiFamily
Property subtype: Multi Family

Materials

Vinyl Siding
Roof: Asphalt Shingle

Condition

Year built: 1930
Major remodel year: 1986

Utilities & green energy

Sewer: Septic 3 Bedroom Town Verified
Water: Well
Utilities for property: Electricity Connected

Community & HOA

Location

Region: Newton

Financial & listing details

Price per square foot: $219/sqft
Tax assessed value: $156,500
Annual tax amount: $5,901
Date on market: 6/18/2026
Total actual rent: 2300
Tenant pays: Electricity, Tenant Pays Heat, Tenant Pays Electric
Electric utility on property: Yes

Estimated market value

$398,700

$379,000 - $419,000

$2,504/mo

Price history

Date	Event	Price
7/7/2026	Price change	$399,900+2.6%$219/sqft
Source: GSMLS #4035240 Report a problem
6/18/2026	Listed for sale	$389,900+18.5%$213/sqft
Source: GSMLS #4035240 Report a problem
1/1/2023	Listing removed	--
Source: BHHS broker feed Report a problem
6/2/2022	Listed for sale	$329,000+558%$180/sqft
Source: GSMLS #3786467 Report a problem
9/29/2013	Listing removed	$850
Source: Weichert Realtors Report a problem
8/31/2013	Listed for rent	$850
Source: Weichert Realtors Report a problem
11/28/1978	Sold	$50,000$27/sqft
Source: Agent Provided Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$5,902 +3.9%	$156,500
2024	$5,678 +3.3%	$156,500
2023	$5,496 +3.2%	$156,500
2022	$5,327 +2.3%	$156,500
2021	$5,210 +8.1%	$156,500
2020	$4,820 -0.3%	$156,500
2019	$4,833 +1.6%	$156,500
2018	$4,756 +2.9%	$156,500
2017	$4,623 +0.6%	$156,500
2016	$4,595 +0.7%	$156,500
2015	$4,564 -11.5%	$156,500
2014	$5,154 +2%	$156,500 +44.4%
2012	$5,053 +2.6%	$108,400
2011	$4,926 +2.8%	$108,400
2010	$4,790 +2.1%	$108,400
2009	$4,689	$108,400
2008	--	$108,400
2007	--	$108,400
2006	--	$108,400
2005	--	$108,400
2004	--	$108,400
2003	--	$108,400
2002	--	$108,400
2001	--	$108,400

Find assessor info on the county website

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All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.

HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.

Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.

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