$750,000

22 Walling Ave Unit 2 Sussex, NJ 07461

Estimated payment $4,714/month

Total Views 8,120
6 Beds
2 Baths
2,400 Sq Ft
$312 Price per Sq Ft

About This Home

C-1 COMMERCIAL ZONE- 1.30 ACRE LEVEL LOT LOCATED ON WALLING AVE, WHICH IS THE MAIN ACCESS ROAD TO RT 23 S IN SUSSEX FROM THE CENTER OF TOWN AND IS LOCATED RIGHT NEXT TO THE NEW "SHOPRITE" SUPER MARKET. THE VALUE IS IN THE LAND AND LOCATION. GREAT OPPORTUNITY TO CREATE A THRIVING BUSINESS. CURRENTLY, THERE IS A LARGE 2 FAMILY HOME THAT IS FULLY OCCUPIED AS WELL AS A MULTI UNIT STORAGE BUILDING IN THE REAR, ALL CURRENTLY RENTED, AND GENERATING 4550. PER MONTH. THIS UNIQUE OPPORTUNITY OFFERS A MULTITUDE OF POSSIBILITIES! OWNER WILL ALSO CONSIDER AN EXTENDED LAND LEASE.

Listing Agent

Joseph Morreale

RE/MAX SELECT Brokerage Phone: 973-625-0450 Listed on: 04/10/2025

RE/MAX SELECT

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,857

Year Built

  • Built in 1900 | Remodeled

Lot Details

  • 1.3 Acre Lot
  • Level Lot
  • Open Lot

Home Design

  • Clapboard

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 2 Full Bathrooms

Unfinished Basement

  • Basement Fills Entire Space Under The House

Parking

  • 6 Parking Spaces
  • Stone Driveway

Community Details

  • 2,400 Sq Ft Building
  • Net Operating Income $47,743

Listing and Financial Details

  • Assessor Parcel Number 2821-00102-0000-00008-0000-
  • Tax Block *

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,857

Year Built

Built in 1900 | Remodeled

Lot Details

0

Listing Details

  • Unit Style: Duplex-Side by Side
  • Year Built: 1900
  • Year Built Description: Approximate, Renovated
  • County Name: Sussex
  • Renovated Year: 2016
  • Street Number Display: 22
  • Directions: 22-24 WALLING AVE., SUSSEX RIGHT NEXT TO THE NEW SHOPRITE OF SUSSEX
  • I D: 5350149
  • Modified: 2025-04-11
  • Number Images: 2
  • Attribution Contact: 973-625-0450
  • MLS Status: Active
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Renovated: 2016

Interior Features

  • Interior Amenities: Carbon Monoxide Detector, Carpeting, Fire Extinguisher, Smoke Detector
  • Total Number Rooms: 12
  • Bedrooms: 6
  • Total Bathrooms: 2
  • Total Full Bathrooms: 2
  • Basement: Yes
  • Basement Description: Full, Unfinished

Exterior Features

  • Exterior Description: Clapboard
  • Roof Description: Asphalt Shingle

Garage/Parking

  • Number Parking Spaces: 6
  • Parking Driveway Description: 2 Car Width, Crushed Stone, Driveway-Exclusive

Utilities

  • Fuel Type: Gas-Natural
  • Heating: 1 Unit, Baseboard - Hotwater
  • Sewer: Public Sewer
  • Utilities: Gas-Natural
  • Water: Public Water
  • Water Heater: From Furnace

Lot Info

  • Lot Size: 290X150 IRR
  • Assessed Improvement Value: 136600
  • Assessed Land Value: 59600
  • Assessment: 196200
  • Easement: Unknown
  • Lot Description: Level Lot, Open Lot
  • Lot Identifier: 8
  • Lot I D Tax: *
  • Lot Size Tax: *
  • Total Acres: 1.30
  • Zoning: C-1

Tax Info

  • Tax Acres: *
  • Assessed Improvement Value: *
  • Assessed Land Value: *
  • Total Tax Assessed: *
  • Streetname Tax: *
  • Street Number Tax: *
  • Tax Amount: 6857
  • Tax Amount Tax: *
  • Assessor Parcel Number: 2821-00102-0000-00008-0000-
  • Tax Rate Amount: 3.495
  • Tax Rate Tax: *
  • Tax Rate Year: 2024
  • Tax Year Tax: *
  • Tax Year: 2024

Multi Family

  • Total Number Units: 2

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/10/2025 04/10/25 For Sale $750,000 -- $313 / Sq Ft
Source: Garden State MLS

Similar Home in Sussex, NJ

Source: Garden State MLS

MLS Number: 3956305

Garden State MLS