57-61 SPRING ST Newton, NJ 07860

$950,000
Call 1-800-839-1363
3374583

Commercial Property for sale in Newton, NJ

for $950,000 with 8 full baths. This 20,000 square foot building was built on a lot size of 0.22 Acre(s).

Property Information

  • $950,000
  • 8 Full Baths
  • Commercial
  • 20,000 Square Feet
  • Taxes are $20,850
  • Office Building
  • Active
  • Lot size of 0.22 Acre(s)
  • Newton, NJ
  • Sussex County
  • MLS/Web ID is 3374583

Description

Walking distance to County Courthouse. Park Ada is in front of building. Great investment opportunity with a potential Cap Rate of CAP of around 7% at asking price.

Interior 8

Appliances

  • Fire Alarm

Basement

  • None

Cooling System

  • Central Air

Heating System

  • Forced Air

Interior

  • Public Restroom

Room Features

  • Kitchen

Sewer

  • Public Sewer

Water Source

  • Public Water

Exterior 4

Construction

  • Brick & Block

Parking

  • Exclusive

Roof

  • Flat Roof

Siding

  • Brick

Miscellaneous 3

Commercial

  • Sale Includes Building & Land
  • Sign

Location

  • Business District

Utilities

  • Electric
  • Gas In Street

† Excluded Feature

Listed By

Listing Agent: John McDonald
Broker: Weichert Realtors
Office: Weichert New Homes

57-61 SPRING ST , Newton, NJ, 07860 is a Commercial Property for sale at $950,000 with 20,000 sqft and a lot size of 0.22 Acre(s). 57-61 SPRING ST has 8 baths. The property's zip code is 07860 which is in Newton, NJ

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Market Pricing

Average % of sale price Median % of sale price
All listings in Newton $297,962 69 % below $209,900 78 % below
Commerical listings in Newton $636,917 33 % below $449,000 53 % below

Get the facts about Newton, NJ!

Population 8,050
Population Growth (since 2000) -4 %
Median Income $50,284
Median Age 42.18
Households w/ Children 27 %

Residential Dwellings

  • Owned 1611
  • Vacant 281
  • Rented 1578

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