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    1430 Sussex Tpke Randolph, NJ 07869

    New
    For Sale
    $725,000

    3 Family, Other - Randolph Township, NJ

    Days on Market:
    6
    Last Refresh:
    Dec 6 at 5:06 am

    Property Features for 1430 Sussex Tpke

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Standard status
    Active
    Rooms
    Bathroom 1, Bathroom 2, Bathroom 3, Bathroom 4, Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 4
    Bedrooms
    4
    Bathrooms
    4

    Utilities

    Cooling system
    None (Cooling)

    Building Details

    Architectural style
    Other

    Keller Williams Metropolitan (201) 825-1266 [email protected]

    Listing agent Kevin Karcich (973) 539-1120

    Listing date Dec 1, 2025

    MLS# 25041954 Listing URL

    Copyright © 2025 New Jersey MLS Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Randolph Township Three-Family Investment Property

    This is a fully rented, legal three-family property located in a desirable area of Randolph Township. The property generates a total monthly rent roll of $5,320, which includes additional revenue from two garages rented at $175 each. All three units are updated and well-maintained. The property features separate meters for each unit, ample off-street parking, and a large, level yard. The roof was replaced in 2016, and the stairs and deck were updated in 2017. The electrical service was updated in 2019, and three new water heaters were installed in 2024. A new water treatment system is planned for 2025, and the septic system was pumped and inspected in 2025. The property is suitable for expanding an investment portfolio or as a first multi-family investment.
    Property Profile Location Intelligence

    Current Use by Public Records

    Triplexes

    Suggested Use

    Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Auto Parts Store Gym & Fitness Skin Care Clinic

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Randolph
    County
    Morris
    State
    New Jersey
    Longitude
    -74.6072622
    Latitude
    40.8449143

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    FAQs

    What type of property is this?
    Triplex - Fully rented three-family property in a desirable Randolph location.
    Where is this triplex located?
    The property is located at 1430 Sussex Tpke Randolph, NJ.
    What is the asking price?
    The asking price for this property is $725,000.
    What are key features of this property?
    This property features: - Strong cash flow with a total monthly rent roll of $5,320 plus additional garage rental income.; - Fully rented, legal three-family property in a desirable Randolph location.; - Updated and well-maintained units with separate meters for each unit.
    (973) 539-1120
    Request Owner's contact information
    1430 Sussex Tpke Randolph, NJ 07869
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    Randolph, NJ 07869
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1430 Sussex Tpke Randolph, NJ 07869
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