1068 County Road 521, Newton, NJ 07860
Multi-Family, 2-Two Story - Stillwater Twp., NJ
- Added:
- Jun 17, 2026
- Days on Market:
- 3
- Last Refresh:
- Jun 19 at 3:06 am
Property Features for 1068 County Road 521
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Zoning
- C
- Bedrooms
- 3
- Bathrooms
- 2
- Rooms
- Basement, Bathroom 1, Bathroom 2, Bedroom 2, Bedroom 3, Dining Room, Kitchen, Living Room, Master Bedroom
- Parking
- 5
- Basement Y/N
- 1
- Standard status
- Active
- Size
- 1,828 SF
- Lot size
- 0.30 Acres
Taxes and HOA fees
- Tax Year
- 2025
- Tax Annual Amount
- 5901
Utilities
- Heating system
- Baseboard
- Cooling system
- Ductless
Building Details
- Year built
- 1930
- Number of units
- 2
- Building materials
- Vinyl Siding
- Roof type
- Asphalt, Shingle
- Architectural style
- Other
Listing agent KYLE R. KERWIN (973) 625-0450
Listing office RE/MAX SELECT 20 WEST MAIN STREET, Morristown, NJ (973) 625-0450
Listing date Jun 17, 2026
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.
HighLights
- Two‑family home built in 1930 with vinyl siding and asphalt/shingle roof
- Each unit has its own private driveway plus separate boiler and separate oil tank
- Separate heating systems via baseboard heat and ductless cooling
- Basement available
- Includes 2 kitchens, 2 bathrooms, a dining room, and bedrooms including 1 master bedroom
Overview
The property is located in the Stillwater section of Newton in Sussex County, New Jersey, at 1068 County Road 521. Public remarks indicate convenient access to local amenities, shopping, dining, and major roadways.
The separate driveway and mechanical separation make this duplex particularly practical for buyers seeking an owner-occupied option while maintaining rental income, or for investors looking for clear unit-level utility distinctions. With a two-family layout and individual services already in place, the property is positioned as a straightforward fit for either strategy, subject to buyer review of current conditions and lease details.
Local 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 | $46.7k | $25.56 |
| − Vacancy | −$3.0k | −$1.65 |
| EGI | $43.7k | $23.91 |
| − OpEx | −$13.1k | −$7.17 |
| NOI | $30.6k | $16.74 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Newton
- County
- Sussex
- State
- New Jersey
- Longitude
- -74.82754
- Latitude
- 41.08747
