Very nice strong cash flowing 4 unit mixed use on the main thoroughfare of Sussex Boro---8% CAP at asking---2 One BR Apartments - both recently renovated---2 Retail Spaces leased to 1 Retail Tenant (Lease End 2030)---The basement is rented for storage (additional income to a separate tenant)---Brand New Roof 2026---Water/Sewer and Gas paid by Landlord---Apartments pay for their own Heat (Gas), Commercial Heat (Gas) is paid by Landlord.---Public Water and Sewer---Room to Park Two to Three Cars in the Back---Turnkey property, easy to maintain.
68 days
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158
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10
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Zillow last checked:
Listing updated:
Listed by:
Marc Weitz973-726-7800,
Fairclough Realtors
Source: GSMLS,MLS#: 4026945
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Facts & features
Interior
Bedrooms & bathrooms
Bedrooms: 2
Bathrooms: 2
Full bathrooms: 2
Heating
See Remarks, Natural Gas
Cooling
See Remarks
Appliances
Included: See Remarks, Electric Water Heater
Laundry: Laundry Room
Features
Bedrooms, Kitchen, Living Room, Living/Dining Room, Master Bedroom, See Remarks, Utility Room
Basement: Yes,Partially Finished
Has fireplace: No
Interior area
Total structure area: 2,900
Total interior livable area: 2,900 sqft
Property
Parking
Total spaces: 3
Parking features: See Remarks
Uncovered spaces: 3
Features
Levels: Two
Stories: 2
Lot
Size: 2,178 Square Feet
Dimensions: 24 x 82
Details
Parcel number: 2821007010000000030000
Zoning description: C-1
Construction
Type & style
Home type: MultiFamily
Property subtype: Multi Family
Materials
Brick, Wood Siding
Roof: Asphalt Shingle
Condition
Year built: 1950
Major remodel year: 2024
Utilities & green energy
Sewer: Public Sewer
Water: Public
Utilities for property: See Remarks
Community & HOA
Location
Region: Sussex
Financial & listing details
Price per square foot: $210/sqft
Tax assessed value: $210,200
Annual tax amount: $7,598
Date on market: 5/12/2026
Total actual rent: 6000
Tenant pays: Electricity, Gas, Tenant Pays Electric, Tenant Pays Gas
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Principal & interest
$1,547
Mortgage insurance
$0
Property taxes
$170
Home insurance
$105
HOA fees
$0
Utilities
Not included
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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