Two-Unit Residential Income
82 Newton Ave Sussex, NJ 07461
For Sale
$549,000
Pending
MULTI_FAMILY - Sussex Boro, NJ
Property Size2,642 SF
Lot Size0.36 Acres
Days on Market107
Property Features for 82 Newton Ave
General Information
Property type
Residential Multi Family
Property subtype
Other
Bedrooms
6
Bathrooms
2
Rooms
Basement, Bedroom 5, Bedroom 6, Bedroom 1, Bedroom 3, Bathroom 1, Bedroom 4, Bedroom 2, Bathroom 2
Parking
8
Patio and Porch features
Patio, Porch, Deck
Interior features
High Ceilings, Smoke Detector, Track Lighting
Exterior features
Deck, Open Porch(es), Patio, Pool-Above Ground, Sidewalk, Storage Shed, Storm Door(s), Thermal Windows/Doors, Wood Fence, Workshop
Fencing
Wood
Standard status
Pending
Size
2,642 SF
Lot size
0.36 Acres
Taxes and HOA fees
Tax Year
2025
Tax Annual Amount
8784
Utilities
Sewer type
Public Sewer
Heating system
Hot Water(Heating), Baseboard
Water source
Public
Building Details
Year built
1895
Floors in Building
2
Number of units
2
Roof type
Shingle
Architectural style
Other
Additional Structures
Storage, Workshop
Listing Agency:
HARFORD REAL ESTATE
(973) 209-9000
Listed By:
ROBERT HARFORD
(973) 209-9000
Added: Apr 13
Changed: Jul 8
Last Checked: Jul 28 at 11:06AM
MLS# 4020310
Copyright © 2026 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.
Investment Insights
Based on property information with market context.
This is a two-unit residential income duplex offering two separate three-bedroom units. The property is currently equipped with natural gas and has complete, separate utilities for each unit, supporting an owner and tenant setup with distinct service. Town water and sewer are in place, and the home is presently being used by the owners.
The property consists of a single duplex building on a lot sized at 0.36 acres. It is located at 82 Newton Ave in Sussex Boro, New Jersey, within Sussex County.
With each unit having its own utilities and natural gas service, the duplex can be a practical fit for investors seeking straightforward unit separation or buyers looking for an owner-occupied option alongside rental income. The listing states the property is fully equipped and can be rented immediately.
The property consists of a single duplex building on a lot sized at 0.36 acres. It is located at 82 Newton Ave in Sussex Boro, New Jersey, within Sussex County.
With each unit having its own utilities and natural gas service, the duplex can be a practical fit for investors seeking straightforward unit separation or buyers looking for an owner-occupied option alongside rental income. The listing states the property is fully equipped and can be rented immediately.
Key Highlights
- 2‑unit property with 3 bedrooms in each unit
- Complete separate utilities for each unit
- On town water and public sewer
Financial Insights For Multifamily LT 5
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $67.5k | $25.56 |
| − Vacancy | −$4.4k | −$1.65 |
| EGI | $63.2k | $23.91 |
| − OpEx | −$19.0k | −$7.17 |
| NOI | $44.2k | $16.74 |
2,642 SF · lease $25.56/SF/yr · vacancy 6.46% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$631.7K
$552.7K – $737.0K
NOI $44,217 @ 7.0% cap · market cap 8.05%
Second Best
Apartment 5plus
$580.4K
$507.9K – $677.2K
NOI $40,629 @ 7.0% cap · market cap 7.40%
Theoretical Best
Office A
$689.9K
$603.7K – $804.9K
NOI $48,292 @ 7.0% cap · market cap 8.80%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use
Frequently Asked Questions
What type of property is this?
Duplex - Two separate units with complete utilities on town water and sewer, ready for immediate rental.
Where is this duplex located?
The property is located at 82 Newton Ave Sussex, NJ.
What is the asking price?
The asking price for this property is $549,000.
What are key features of this property?
This property features: 2‑unit property with 3 bedrooms in each unit; Complete separate utilities for each unit; On town water and public sewer
