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Duplex With Renovated Upper Unit
For Sale
$499,900

475 Us Highway 206, Newton, NJ 07860

Multi-Family, 2-Two Story, Under/Over, Frankford Twp., NJ

Property SizeContact for details
Lot Size0.95 Acres
Days on Market98

Property Features for 475 Us Highway 206

General Information

Property type Residential Multi Family
Property subtype Other
Bedrooms 4
Bathrooms 3
Full bathrooms 2
Half bathrooms 1
Rooms Bedroom 3, Bedroom 4, Basement, Bedroom 2, Bathroom 3, Bathroom 1, Bedroom 1, Bathroom 4, Bathroom 2
Parking 6
Interior features Carbon Monoxide Detector, Smoke Detector
Subdivision near culver lake
Lot features Corner
Directions ***across from Culver Lake - on the corner of W Owassa Tpk*** GPS will take you to the WRONG address! Use culver lake! Sign on corner!
Standard status Active
Lot size 0.95 Acres

Taxes and HOA fees

Tax Year 2025
Tax Annual Amount 7168

Utilities

Heating system Hot Water(Heating), Baseboard
Water source Well

Building Details

Floors in Building 2
Number of units 3
Roof type Shingle
Architectural style Other
Listing Agency: REALTY EXECUTIVES EXCEPTIONAL · Realty Executives International
Listed By: LYNETTE DELISA · License #293226
Added: Jun 14 Changed: Sep 12 Last Checked: Sep 19 at 7:06PM
MLS# 4034382

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 duplex is configured as a two-family residence with an additional room used for storage. The upper unit underwent a full renovation in 2025. The property includes four bedrooms, four bathrooms, a basement, a shingle roof, and baseboard and hot-water heating. Carbon monoxide and smoke detectors are installed, and the water supply is provided by a well.

Set on 0.95 acres across from Culver Lake in Frankford Twp., the property is located on US Highway 206 in Sussex County. Recent property improvements include a newer septic system and well pump, adding to the existing residential infrastructure.

Key Highlights

  • Two‑family duplex with an additional room used for storage
  • Upper unit fully renovated in 2025
  • 0.95‑acre property across from Culver Lake

Property Analytics

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Current Use

Duplexes

Suggested Use

Top Pick Garden Center Furniture & Home Goods Auto Repair Shop Auto Parts Store (Bike/Boat/Book/etc) Store Law Firm

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

2
Residential units
Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

42
Businesses Nearby

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Duplex - Two-family residence with storage space, well water, and updated septic infrastructure.
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 duplex with an additional room used for storage; Upper unit fully renovated in 2025; 0.95‑acre property across from Culver Lake
More about this property
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