Property

Randolph Twp., NJ 07869 1430 Sussex Tpke

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Presented By: KELLER WILLIAMS METROPOLITAN; 973-539-1120
  • MLS# 3999867
  • 12/01/2025
  • Request Tour
  • Request Info
  • Beds • 4
  • Baths • 4
  • Garage • 2

Home Details

STRONG CASH FLOW IN RANDOLPH! A rare chance to own a fully rented, legal three-family in one of Randolph's most desirable locations. This turnkey investment property delivers reliable income with a total monthly rent roll of $5,320, including additional revenue from two garages rented at $175 each. All three units are updated, well-maintained, and separately metered a major perk for any investor. The property offers ample off-street parking and a large, level yard, adding value and long-term tenant appeal. Current rents are affordable, helping ensure consistent occupancy and steady returns. Major updates provide peace of mind for years to come: roof 2016, stairs and deck 2017, updated electrical service 2019, three new water heaters 2024, water treatment system 2025, septic pumped and inspected in 2025. Whether you're expanding your portfolio or seeking your first multi-family investment, this property checks all the boxes: cash flow, condition, and consistency. Don't miss this opportunity.
Presented By: KELLER WILLIAMS METROPOLITAN; 973-539-1120

Interior Features for 1430 Sussex Tpke

Bedrooms

Total Bedrooms4
Unit 1 Beds Total2
Unit 2 Beds Total1
Unit 3 Beds Total1

Bathrooms

Half Baths0
Unit 1 Baths Total2.0
Unit 2 Baths Total1.0
Unit 3 Baths Total1.0

Other Interior Features

Unit 1 Sq Ft999
Unit 2 Sq Ft999
Unit 3 Sq Ft999
Unit 1 Levels1
Unit 2 Levels1
Unit 3 Levels1
UnitType1TotalRent2300
UnitType2TotalRent1350
UnitType3TotalRent1320
Unit 3 Fireplaces0
Unit 3 Handicap ModifiedNo
Unit 2 Handicap ModifiedNo
Unit 2 Fireplaces
Unit 1 Fireplaces
Unit 1 Handicap ModifiedNo
Unit 1 Appl/EquipCarbon Monoxide Detector, Range/Oven - Electric, Refrigerator, Smoke Detector
Unit 2 Appl/EquipCarbon Monoxide Detector, Range/Oven - Electric, Refrigerator, Smoke Detector
Unit 3 Appl/EquipCarbon Monoxide Detector, Range/Oven - Electric, Refrigerator, Smoke Detector
BasementBilco-Style Door, Unfinished
Fuel TypeGas-Natural
Interior AmenitiesCarbon Monoxide Detector, Fire Extinguisher, Smoke Detector, Wood Floors

Other Rooms

Unit 2 Rooms4
Unit 1 Rooms5
Unit 3 Rooms4
Unit 3 Room DescriptionBedrooms, Dining Room, Kitchen, Living Room, Master Bedroom
Unit 1 Room DescriptionBedrooms, Dining Room, Eat-In Kitchen, Kitchen, Living Room, Master Bedroom
Unit 2 Room DescriptionBedrooms, Dining Room, Kitchen, Living Room, Master Bedroom

General for 1430 Sussex Tpke

Architectural Style2-Two Story, Triplex
CoolingCeiling Fan, Wall A/C Unit(s)
CountyMorris
DirectionsCorner of Dover-Chester Road & Sussex Turnpike
DriveBlacktop, Common, Off-Street Parking
EasementUnknown
Elementary SchoolIronia
Full Baths4
GarageDetached Garage
Garage Spaces2
Gross Income63840
Heating3 Units, Baseboard - Hotwater
High SchoolRandolph
Middle/Junior High SchoolRandolph
Net Operating Income47664
Number Of Units Total3
Open Parking Spaces6
Operating Expense16176
PossessionPOT
RoofAsphalt Shingle
ServicesCable TV Available
SewerSeptic 4 Bedroom Town Verified
Standard StatusActive
StatusActive
Tax Annual Amount11476
Tax Assessed Value405400
Tax Lot27
Tax Year2024
Total Rooms13
Town #2332
TownshipRandolph Twp.
UtilitiesGas-Natural
Water HeaterGas
Year Built1910

Exterior for 1430 Sussex Tpke

Exterior AmenitiesDeck
Exterior DescriptionVinyl Siding
Lot Dimensions1.90 AC
Lot FeaturesCorner, Level Lot
Lot Size Acres1.90
Water SourceWell

Additional Details

Price History

Schools

Elementary School Ironia Elementary School
High School Randolph High School
Middle School Randolph Middle School

Brian Lee

Associate
Price $725,000
MLS#3999867
List Date 12/01/2025
Property Type Multi-Family
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