105 Lake Ave Equity opportunity and a perfect candidate for a 203(k) loan! This Cape-style home offers a straightforward value-add renovation, needing primarily a new kitchen (contractor quote already available) Recently refreshed with a newly painted exterior for strong curb appeal, plus a newer roof and chimney to protect your investment during renovation. A white vinyl picket fence and paver walkway create a welcoming first impression. Inside, enjoy hardwood floors throughout, charming wainscoting in the living and dining rooms, and a cozy brick surround with a wood-burning stove in the living room, a huge value amid rising utility costs. The kitchen has been fully gutted, offering a true blank canvas to design a dream kitchen and build immediate equity upon completion. The updated bathroom includes a tub/shower combination, with an additional renovation quote available for buyers looking to further customize. Additional features include a one-car built-in garage and a huge rear deck (recently painted) with stairs leading to a fully fenced backyard. The walkout lower level is partially finished with a den or home office, laundry area, abundant storage, and direct access to both the garage and backyard. Central A/C, a Roth oil tank, public water, and public sewer. Conveniently located near shops, dining, and Sussex County Community College plus Newton residents have FREE full day preschool and town pool membership.