Renovated Two-Unit
New
For Sale
Contact for pricing
14-16 Church Street, Sussex, NJ 07461
Multi-Family, Sussex, NJ
Property Size1,952 SF
Lot Size0.11 Acres
Days on Market4
Property Features for 14-16 Church Street
General Information
Property type
Residential Multi Family
Property subtype
Duplex
Bedrooms
5
Bathrooms
2
Full bathrooms
2
Rooms
Basement, Bedroom 2, Bedroom 4, Bedroom 5, Bedroom 1, Bathroom 1, Bathroom 2, Bedroom 3
Basement
Partially Finished
Directions
14-16 Church St. Sussex, NJ 0
Standard status
Active
APN
21-00607-0000-00003
Size
1,952 SF
Lot size
0.11 Acres
Taxes and HOA fees
Tax Year
2025
Tax Annual Amount
5817
Utilities
Sewer type
Public Sewer
Heating system
Oil, Baseboard
Water source
Public
Building Details
Year built
1900
Floors in Building
2
Number of units
2
Buildings
1
Listing Agency:
RE/MAX Central · RE/MAX International
Listed By:
George Pavlushkin · License #1324942
(732) 972-1000
Added: Oct 29
Changed: Oct 30
Last Checked: Nov 1 at 9:06PM
MLS# 22634250
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.
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Investment Insights
Based on property information with market context.
At 14-16 Church Street in Sussex, this two-unit duplex contains 1,952 square feet on a 0.11-acre lot. Renovations have updated both residences. The first unit has three bedrooms and one full bathroom; the second has two bedrooms and one full bathroom. The property was built in 1900 and has oil-fired baseboard heating.
Public water and public sewer serve the property. The two-unit configuration and separate bedroom and bathroom counts provide a clear picture of its residential layout.
Public water and public sewer serve the property. The two-unit configuration and separate bedroom and bathroom counts provide a clear picture of its residential layout.
Key Highlights
- Two‑unit duplex with a three‑bedroom, one‑bathroom unit and a two‑bedroom, one‑bathroom unit
- 1,952 square feet on a 0.11‑acre lot
- Renovations completed in both residences
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$30,018
Suggested Prices Based on Cap Rates
Cap Rate 5%
$600,360
$600.4K
Cap Rate 7%
$428,829
$428.8K
Cap Rate 9%
$333,533
$333.5K
Market Conditions
NOI Build-Up for 1,952 SF
Gross rent
$58.6K $30.00/SF
− Vacancy
−$4.0K −$2.04/SF
EGI
$54.6K $27.96/SF
− OpEx
−$24.6K −$12.58/SF
NOI
$30.0K $15.38/SF
Area
Sussex County, NJ
Vacancy
6.80%
Lease Rate
$30.00 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$600,360
Cap Rate 7%
$428,829
Cap Rate 9%
$333,533
Alternative Uses
Best Use
Multifamily LT 5
$466.7K
$408.4K – $544.5K
NOI $32,669 @ 7.0% cap · market cap 3,266,900.00%
Second Best
Apartment 5plus
$428.8K
$375.2K – $500.3K
NOI $30,018 @ 7.0% cap · market cap 3,001,800.00%
Theoretical Best
Office A
$509.7K
$446.0K – $594.7K
NOI $35,679 @ 7.0% cap · market cap 3,567,900.00%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Lease Details
2
Residential units
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
322
Businesses Nearby
Explore this area
Business Placement
Demographics for 07461, NJ
18,530
Population
7,972
Households
2.3
Avg Household Size
44
Median Age
28%
College-Educated
93%
High-School Grad
83.0 sq mi
ZIP Area
223
Density / Sq Mi
$104,441
Median Household Income
$46,590
Median Earnings
$1,456
Median Rent
$338,500
Median Home Value
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Market
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Duplex - Public water and sewer serve both residences, with oil-fired baseboard heat.
Where is this duplex located?
The property is located at 14-16 Church Street Sussex, NJ.
What are key features of this property?
This property features: Two‑unit duplex with a three‑bedroom, one‑bathroom unit and a two‑bedroom, one‑bathroom unit; 1,952 square feet on a 0.11‑acre lot; Renovations completed in both residences
