14-16 Church Street Sussex, NJ 07461
MULTI_FAMILY - Sussex, NJ
- Added:
- Jul 8, 2026
- Days on Market:
- 5
- Last Refresh:
- Jul 12 at 1:06 am
Property Features for 14-16 Church Street
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Bedrooms
- 5
- Bathrooms
- 2
- Rooms
- Bathroom 1, Bedroom 5, Bedroom 1, Bedroom 3, Bathroom 2, Basement, Bedroom 2, Bedroom 4
- Basement
- Partially Finished
- Standard status
- Active
- APN
- 21-00607-0000-00003
- Size
- 2,000 SF
- Lot size
- 0.11 Acres
Taxes and HOA fees
- Tax Year
- 2025
- Tax Annual Amount
- 5817
Utilities
- Sewer type
- Public Sewer
- Heating system
- Baseboard, Oil
- Water source
- Public
Building Details
- Floors in Building
- 2
- Number of units
- 2
Listing agent George Pavlushkin License #1324942 (732) 972-1000
Listing office RE/MAX Central 520 HWY 9 N, Manalapan, NJ (732) 972-1000
Listing date Jul 8, 2026
Copyright © 2026 More MLS. 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.
The property is located at 14-16 Church Street in Sussex, New Jersey (Sussex County). It sits on a 0.11-acre lot and is served by public sewer and public water, which supports straightforward day-to-day maintenance and convenience.
For investors, the unit mix can help accommodate different tenant profiles, with a three-bedroom option alongside a two-bedroom option. For owner-occupants, the configuration may also suit multi-generational living or supplementing housing with rental income. With both units updated and ready to use, this is well-suited for buyers looking for a move-in-ready residence that includes separate living spaces.
Key Highlights
- Fully remodeled two‑family home with separate bedroom and bathroom layouts in each unit
- First unit features 3 bedrooms and 1 full bathroom
- Second unit features 2 bedrooms and 1 full bathroom
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 | $51.1k | $25.56 |
| − Vacancy | −$3.3k | −$1.65 |
| EGI | $47.8k | $23.91 |
| − OpEx | −$14.3k | −$7.17 |
| NOI | $33.5k | $16.74 |
