1430 Sussex Tpke
Randolph Twp, NJ 07869
Price: $725,000
GSMLS: 3999867Type: Multi-Family
Style: 2-Two Story, Triplex
Total Units: 3
Beds: 4
Baths: 4 Full
Garage: 2-Car
Year Built: 1910
Acres: 1.90
Property Tax: $11,476
Description
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.
General Info
Style:
2-Two Story, Triplex
SqFt Building:
n/a
Total Rooms:
13
Basement:
Yes - Bilco-Style Door, Unfinished
Interior:
Carbon Monoxide Detector, Fire Extinguisher, Smoke Detector, Wood Floors
Roof:
Asphalt Shingle
Exterior:
Vinyl Siding
Lot Size:
n/a
Lot Desc:
Corner, Level Lot
Parking
Garage Capacity:
2-Car
Description:
Detached Garage
Parking:
Blacktop, Common, Off-Street Parking
Spaces Available:
6
Unit 1
Bedrooms:
2
Bathrooms:
2
Total Rooms:
5
Room Description:
Bedrooms, Dining Room, Eat-In Kitchen, Kitchen, Living Room, Master Bedroom
Levels:
1
Square Foot:
n/a
Fireplaces:
n/a
Appliances:
Carbon Monoxide Detector, Range/Oven - Electric, Refrigerator, Smoke Detector
Utilities:
Tenant Pays Electric, Tenant Pays Gas, Tenant Pays Heat
Handicap:
No
Unit 2
Bedrooms:
1
Bathrooms:
1
Total Rooms:
4
Room Description:
Bedrooms, Dining Room, Kitchen, Living Room, Master Bedroom
Levels:
1
Square Foot:
n/a
Fireplaces:
n/a
Appliances:
Carbon Monoxide Detector, Range/Oven - Electric, Refrigerator, Smoke Detector
Utilities:
Tenant Pays Electric, Tenant Pays Gas, Tenant Pays Heat
Handicap:
No
Unit 3
Bedrooms:
1
Bathrooms:
1
Total Rooms:
4
Room Description:
Bedrooms, Dining Room, Kitchen, Living Room, Master Bedroom
Levels:
1
Square Foot:
n/a
Fireplaces:
n/a
Appliances:
Carbon Monoxide Detector, Range/Oven - Electric, Refrigerator, Smoke Detector
Utilities:
Tenant Pays Electric, Tenant Pays Gas, Tenant Pays Heat
Handicap:
No
Unit 4
Bedrooms:
n/a
Bathrooms:
n/a
Total Rooms:
n/a
Room Description:
n/a
Levels:
n/a
Square Foot:
n/a
Fireplaces:
n/a
Appliances:
n/a
Utilities:
n/a
Handicap:
n/a
Utilities
Heating:
3 Units, Baseboard - Hotwater
Heating Fuel:
Gas-Natural
Cooling:
Ceiling Fan, Wall A/C Unit(s)
Water Heater:
Gas
Water:
Well
Sewer:
Septic 4 Bedroom Town Verified
Utilities:
Gas-Natural
Services:
Cable TV Available
School Information
Elementary:
Ironia Elementary School (K-5)
Middle:
Randolph Middle School (6-8)
High School:
Randolph High School (9-12)
Community Information
County:
Morris
Town:
Randolph Twp.
Neighborhood:
n/a
Financial Considerations
List Price:
$725,000
Tax Amount:
$11,476
Land Assessment:
$136,100
Build. Assessment:
$269,300
Total Assessment:
$405,400
Tax Rate:
2.83
Tax Year:
2024
Listing Information
MLS ID:
3999867
List Date:
12-01-2025
Days On Market:
1
Listing Broker:
KELLER WILLIAMS METROPOLITAN
Listing Agent:
Request More Information
Shawn and Diane Fox
RE/MAX American Dream
3108 Route 10 West
Denville, NJ 07834
Call: (973) 277-7853
Web: DrakesvilleCondos.com
