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Monthly Estimate*
$ 7,684
The sale includes 2 buildings, 46-48 Water St and 50 Water St; Block 5.05 Lot 21 & Block 5.05 Lot 20. Total acreage: .59 acres. Two large renovated office spaces, a 5-bedroom apartment, a 1-bedroom apartment, and a large auto repair shop. City sewer, water & gas. 9% CAP rate. Great opportunity. The owner will do a sale-leaseback. NOI $103,000.00. Mixed-use building with outdoor storage. Zoned for cannabis as well.
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46-48 &50 Water St, Newton Town, NJ, 07860 is a Commercial Property for sale at $1,100,000 with 11,860 sqft and a lot size of 0.59. 46-48 &50 Water St is a studio with 0.2 baths and was built in 1926. The property's zip code is 07860 which is in Newton Town, NJ
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