9 Diller Ave, Newton Town, NJ 07860

Property Description

Exceptional opportunity to own a well-maintained two-family home in the heart of Newton, perfect for investors or owner-occupants seeking rental income. The detached oversized one-car garage provides valuable storage and offers the potential for additional rental income. The upper unit features approximately 800 sq. ft. with 2 bedrooms, 1 full bath, living room, dining area, kitchen, laundry and storage. The lower unit offers approximately 450 sq. ft. with 1 bedroom, 1 full bath, living room, eat-in kitchen and laundry. Separate gas, electric and heating systems for each unit; only shared utility is public water, Can have 2 meters according to town. Public water, public sewer and natural gas. Recent improvements include and a newly paved driveway, a 2022 roof, 2019 furnace, 2020 electric baseboard heat in the lower unit, Fresh Paint, Updated baths and kitchens. All appliances transfer. Current rent is below market, providing an outstanding opportunity to increase future cash flow. Conveniently located near shopping, restaurants, schools, parks and major commuting routes. A rare income-producing duplex-style multi-family investment property with separate utilities, low owner expenses and strong upside potential. Larger unit left unrented for potential buyers residence. Rent half and let the other unit help pay for mortgage. Investors will easily rent the other unit.