Property

Newton Town, NJ 07860 20 Madison St

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Presented By: EXP REALTY, LLC; 201-674-5216
  • MLS# 3958008
  • 04/22/2025
  • Request Tour
  • Request Info
  • Beds • 2
  • Baths • 2

Home Details

Welcome to this beautifully maintained Victorian two-family home, perfectly positioned in the vibrant downtown of Newton, NJ. This character-rich property offers two spacious one-bedroom units, both fully occupied with long-term tenants, making it an excellent investment opportunity with below-market rents and strong upside potential.Enjoy classic charm with modern conveniences, including a private driveway with ample parking, a welcoming open-air front porch, and a back deck ideal for outdoor relaxation. The full basement provides generous storage space, while both units are serviced by natural gas, public water, and public sewer.Situated just a short walk to local shops, cafes, and restaurants, and only minutes to major retailers and conveniences. Residents of Newton enjoy unique perks like free preschool, complimentary pool memberships, and a full calendar of free community events and recreational programs adding incredible lifestyle value.Whether you're an investor seeking stable cash flow with room to grow, or a homeowner looking for rental income to offset your mortgage, this property is a rare find in one of Sussex County's most desirable walkable towns. Don't miss your chance to own a piece of Newton's charm schedule your private showing today!
Presented By: EXP REALTY, LLC; 201-674-5216

Interior Features for 20 Madison St

Bedrooms

Total Bedrooms2
Unit 1 Beds Total1
Unit 2 Beds Total1

Bathrooms

Half Baths0
Unit 1 Baths Total1.0
Unit 2 Baths Total1.0

Other Interior Features

Unit 1 Sq Ft0
Unit 2 Sq Ft0
Unit 1 Levels1
Unit 2 Levels1
UnitType1TotalRent1400
UnitType2TotalRent1400
Unit 2 Handicap ModifiedNo
Unit 2 Fireplaces
Unit 1 Fireplaces
Unit 1 Handicap ModifiedNo
Unit 1 Appl/EquipCarbon Monoxide Detector, Dryer, Range/Oven - Gas, Refrigerator, Washer
Unit 2 Appl/EquipCarbon Monoxide Detector, Range/Oven - Gas, Refrigerator, Smoke Detector
BasementFull, Unfinished
Fuel TypeGas-Natural
Interior AmenitiesCarbon Monoxide Detector, Smoke Detector

Other Rooms

Unit 2 Rooms4
Unit 1 Rooms4
Unit 1 Room DescriptionBedrooms, Eat-In Kitchen, Laundry Room, Living Room, Pantry
Unit 2 Room DescriptionAttic, Bedrooms, Eat-In Kitchen, Living Room

General for 20 Madison St

Architectural Style2-Two Story
CoolingWall A/C Unit(s)
CountySussex
DirectionsNewton Sparta Rd to Madison St
Drive1 Car Width
EasementUnknown
Elementary SchoolMERRIAM AV
Full Baths2
Garage Spaces
Gross Income999
Heating2 Units, Baseboard - Hotwater
High SchoolNEWTON
Middle/Junior High SchoolHALSTED ST
Net Operating Income999
Number Of Units Total2
Open Parking Spaces6
Operating Expense999
PossessionAt closing
RoofAsphalt Shingle, Slate
SewerPublic Sewer
Standard StatusActive
StatusActive
Tax Annual Amount9239
Tax Assessed Value357000
Tax Lot14
Tax Year2024
Total Rooms8
Town #2817
TownshipNewton Town
UtilitiesElectric, Gas-Natural
Water HeaterGas
Year Built1900

Exterior for 20 Madison St

Exterior AmenitiesDeck, Open Porch(es)
Exterior DescriptionComposition Shingle
Lot Dimensions00000.189 AC.
Lot Size Acres0.19
Water SourcePublic Water

Additional Details

Price History

Schools

High School Newton High School
Elementary School Merriam Av Elementary School
Middle School Halsted St Middle School

Ebonie Clerier

Associate
Price $375,000
MLS#3958008
List Date 04/22/2025
Property Type Multi-Family
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