Under contract

$449,900

223 Main St, Newton Town, NJ 07860

3beds

--sqft

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Multi Family

Built in 1926

-- sqft lot

$454,100 Zestimate^®

$--/sqft

$-- HOA

What's special

Functional layoutsComfortable living space

Well-maintained two-family home located in desirable Newton. Both units are currently tenant-occupied, making this an excellent opportunity for investors or buyers looking for immediate rental income. Each unit offers comfortable living space with functional layouts and strong rental potential. Conveniently located near local shops, restaurants, public transportation, and major highways. A great opportunity to own a multi-family property in a sought-after area.

83 days

96

0

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 3
Bathrooms: 2
Full bathrooms: 2

Heating

Radiators - Steam, Electric, Natural Gas

Appliances

Included: Dishwasher, Dryer, Microwave, Range/Oven - Electric, Refrigerator, Washer, Range/Oven - Gas
Laundry: Laundry Room

Features

Bedrooms, Dining Room, Kitchen, Living Room, Living/Dining Room
Basement: Yes,Unfinished
Has fireplace: No

Interior area

Total structure area: 0

Property

Parking

Total spaces: 4
Parking features: Driveway-Exclusive, Detached Garage
Garage spaces: 1
Uncovered spaces: 4

Features

Levels: Two
Stories: 2
Patio & porch: Open Porch(es), Patio, Porch

Lot

Size: 0.33 Acres
Dimensions: 00000.332 AC.

Details

Parcel number: 2815000130006000160000

Construction

Type & style

Home type: MultiFamily
Property subtype: Multi Family

Materials

Wood Shingle
Roof: Asphalt Shingle

Condition

Year built: 1926

Utilities & green energy

Gas: Gas-Natural
Sewer: Public Sewer
Water: Public
Utilities for property: Electricity Connected, Natural Gas Connected

Community & HOA

Location

Region: Newton

Financial & listing details

Tax assessed value: $363,900
Annual tax amount: $9,446
Date on market: 4/13/2026
Total actual rent: 3297
Tenant pays: Electricity, Gas, Tenant Pays Heat, Tenant Pays Electric, Tenant Pays Gas
Electric utility on property: Yes

Estimated market value

$454,100

$431,000 - $477,000

$2,447/mo

Price history

Date	Event	Price
5/7/2026	Pending sale	$449,900
Source: GSMLS #4020253 Report a problem
4/13/2026	Listed for sale	$449,900+155.3%
Source: GSMLS #4020253 Report a problem
6/28/2021	Sold	$176,250
Source: Public Record Report a problem
12/29/2020	Sold	$176,250-19.8%
Source: GSMLS #3661385 Report a problem
6/29/2020	Listing removed	$219,900
Source: Weichert Realtors #3548721 Report a problem
9/20/2019	Price change	$219,900-15.4%
Source: Weichert Realtors #3548721 Report a problem
4/17/2019	Listed for sale	$259,900-1.9%
Source: Weichert Realtors #3548721 Report a problem
11/24/2004	Sold	$265,000
Source: Public Record Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$9,687 +2.5%	$363,900 +5.1%
2024	$9,446 +13.7%	$346,400 +87.4%
2023	$8,305 -0.4%	$184,800
2022	$8,338 +0.4%	$184,800
2021	$8,301 +4.8%	$184,800
2020	$7,921 +0.5%	$184,800
2019	$7,878 +0.6%	$184,800
2018	$7,832 +1.6%	$184,800
2017	$7,706 +2.7%	$184,800
2016	$7,503 +2.1%	$184,800
2015	$7,348 +2%	$184,800
2014	$7,205 +2.3%	$184,800 -12.9%
2013	$7,042	$212,100 +51.1%
2007	--	$140,400
2006	--	$140,400
2005	--	$140,400

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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