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    48 Unionville Ave Sussex, NJ 07461

    Sponsored
    For Sale
    $849,900

    Multi-Family, See Remarks - Sussex Boro, NJ

    Lot size:
    0.29 Acres
    Days on Market:
    199
    Last Refresh:
    Jan 5 at 4:06 pm

    Property Features for 48 Unionville Ave

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Standard status
    Active
    Rooms
    Basement, Bathroom 1, Bathroom 2, Bathroom 3, Bathroom 4, Bathroom 5, Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 4, Bedroom 5, Kitchen, Living Room
    Bedrooms
    9
    Bathrooms
    6
    Parking
    8
    Patio and Porch features
    Patio, Deck
    Interior features
    Carbon Monoxide Detector, Fire Extinguisher, See Remarks, Smoke Detector
    Exterior features
    Deck, Patio, See Remarks, Thermal Windows/Doors
    Basement Y/N
    1
    Appliances
    Range, Refrigerator
    Lot size
    0.29 Acres

    Utilities

    Cooling system
    Ceiling Fan(s), Central Air

    Building Details

    Year built
    1900
    Number of units
    3
    Building materials
    Vinyl Siding
    Roof type
    Asphalt, Shingle
    Architectural style
    Other
    Additional Structures
    See Remarks

    Realty Executives Exceptional Realtors (973) 575-6700 [email protected]

    Listing agent CHRISTOPHER L. BRUSCINO (973) 729-7141

    Listing date Jun 21, 2025

    MLS# 3964843 Listing URL

    Copyright © 2025 Garden State MLS, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Renovated Multifamily with Bonus Home

    This renovated multifamily property, located in Sussex Boro, NJ, presents a unique opportunity. The property includes an updated multifamily dwelling and a single-family home situated at the rear of the 0.29-acre lot. Unit A within the multifamily building features 3 bedrooms, 2 full bathrooms, hardwood floors, an updated kitchen, and a full basement for storage. Unit B offers 3 bedrooms, 1 bathroom, and a walk-up finished attic. The updated single-family home at the rear of the property includes 3 bedrooms, 2 full bathrooms, and one half bathroom, a basement for storage, a fireplace, and a deck, along with an additional bonus lot. A detached garage is also located on the property. The gross income is approximately $99,000.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Single family properties

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Sussex
    County
    Sussex
    State
    New Jersey
    Longitude
    -74.60423
    Latitude
    41.21217

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    FAQs

    What type of property is this?
    Multifamily property - Renovated multifamily property with bonus single-family home on a generous lot.
    Where is this multifamily property located?
    The property is located at 48 Unionville Ave Sussex, NJ.
    What is the asking price?
    The asking price for this property is $849,900.
    What are key features of this property?
    This property features: - Fully renovated multifamily property with a bonus single-family home in the rear.; - High gross income potential (approximately $99,000).; - Unit A: **3 bedrooms, 2 full bathrooms, hardwood floors, updated kitchen, and full basement.**
    (973) 575-6700
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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
    48 Unionville Ave Sussex, NJ 07461
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