This Multifamily Property is Off-Market.

69 Sparta Ave
Newton, NJ 07860 ·

102 Units · Multifamily For Sale



Merriam Gateway Apartments

Price N/A Property Sub-type Mid/High-Rise
No. Units 102 Property Use Type Investment
Building Size 100,000 SF Cap Rate 6.30%
Property Type Multifamily Gross Rent Multiplier 8
Listing ID: 17926804 Date Created: 11/26/2012 Last Updated: 10/22/2013


This property was a shoe factory that was converted to loft style apartments. It is four story all brick structure with an elevator. Tenants pay the heat! 101 apartments and 10k sq ft. fitness center.

located on Sparta Ave across from the new World Head Quarters of Thor Labs (500 employees)


69 Sparta Ave, Newton, NJ 07860 (Sussex County)

Property Record Data - Historical Listings, current tax, mortgage, owners & tenant info for this property

Newton Market Trends - Asking price index trends, sale price trends, asking rent trends

Jonathan Greenberg's Other Listings

  • 282 Broadway
    282 Broadway

    Paterson, NJ 07501

    For Sale · $3,500,000

    30,000 SF Building


  • 275 40th Street
    275 40th Street

    Irvington, NJ 07111

    For Sale · $5,800,000

    40,000 SF Building


  • 17 Teaneck Road
    17 Teaneck Road

    Ridgefield Park, NJ 07660

    For Sale · $1,200,000

    10,000 SF Building


The LoopNet service and information provided therein, while believed to be accurate, are provided "as is". LoopNet disclaims any and all representations, warranties, or guarantees of any kind.

I am a place holder, please don't judge me!!! (no, I judge you!)