Two-Unit Residential Income
For Sale
$499,900
475 Us Highway 206, Newton, NJ 07860
Two-family residence with updated septic and well, plus a storage room, offering renovated upstairs living space.
Property SizeContact for details
Days on Market51
Property Features for 475 Us Highway 206
General Information
Standard status
Active
Property subtype
Multi Family
Additional Details
Multifamily Units
2
Taxes and HOA fees
Annual Taxes
$7,168
Building Details
Year Built
9999
Year Renovated
2025
Units
3
Listing Agency:
Realty Executives Exceptional Realtors
(973) 575-6700
Listed By:
LYNETTE DELISA
Source:
Elliman
Added: Jun 20
Changed: Aug 8
Last Checked: Aug 9 at 10:48AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Realty Executives Exceptional Realtors
Investment Insights
Based on property information with market context.
This two-family residential income property includes two separate units and an additional room used for storage. The upstairs unit was fully renovated in 2025, providing a refreshed interior for an owner-operator or tenant-ready setup. The home also has a newer septic system and a newer well pump.
The property is located at 475 U.S. Highway 206 in Frankford Township, NJ, and sits across from Culver Lake. Based on provided walk and bike scores, the area is car-dependent and not particularly bikeable.
For buyers seeking a multi-unit home, this configuration can support separate household occupancy while keeping day-to-day practicality in mind. With the upstairs unit renovation completed in 2025 and key system updates already in place, the property is positioned for straightforward tenancy planning. The included storage room adds extra utility for residents or an operator managing turnover needs.
The property is located at 475 U.S. Highway 206 in Frankford Township, NJ, and sits across from Culver Lake. Based on provided walk and bike scores, the area is car-dependent and not particularly bikeable.
For buyers seeking a multi-unit home, this configuration can support separate household occupancy while keeping day-to-day practicality in mind. With the upstairs unit renovation completed in 2025 and key system updates already in place, the property is positioned for straightforward tenancy planning. The included storage room adds extra utility for residents or an operator managing turnover needs.
Key Highlights
- Two‑family home with an additional room used for storage
- Upstairs unit was fully renovated in 2025
- Newer septic and well pump
Property Analytics
Property Profile
Current Use
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
72
Businesses Nearby
Explore this area
Business Placement
Demographics for 07860, NJ
25,704
Population
11,473
Households
2.2
Avg Household Size
46
Median Age
40%
College-Educated
95%
High-School Grad
100.2 sq mi
ZIP Area
257
Density / Sq Mi
$104,113
Median Household Income
$53,509
Median Earnings
$1,437
Median Rent
$336,600
Median Home Value
Market
Vacancy Rate% for Multifamily in Northeast region
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Frequently Asked Questions
What type of property is this?
Duplex - Two-family residence with updated septic and well, plus a storage room, offering renovated upstairs living space.
Where is this duplex located?
The property is located at 475 Us Highway 206 Newton, NJ.
What is the asking price?
The asking price for this property is $499,900.
What are key features of this property?
This property features: Two‑family home with an additional room used for storage; Upstairs unit was fully renovated in 2025; Newer septic and well pump
