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106 Sparta Ave
Newton, NJ 07860
 Retail Property For Sale

Retail Spaces New Jersey Newton 106 Sparta Ave, Newton, NJ 07860

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Investment Highlights

  • Great location in Newton, NJ

Executive Summary

Prime investment opportunity for a retail space in Newton, NJ.

Property Facts

Sale Type
Investment
Sale Condition
1031 Exchange
Property Type
Retail
Building Size
11,500 SF
Building Class
B
Year Built
1973
Price
$3,250,000
Price Per SF
$282.61
Cap Rate
6.85%
NOI
$222,650
Percent Leased
100%
Building Height
1 Story
Building FAR
0.05
Lot Size
5.27 AC
Zoning
C-4 - Commercial

Property Taxes

Parcel Number 06-01101-0000-00088-0000-C0323 Improvements Assessment $2,149,600
Land Assessment $449,300 Total Assessment $2,598,900

Property Taxes

Parcel Number
06-01101-0000-00088-0000-C0323
Land Assessment
$449,300
Improvements Assessment
$2,149,600
Total Assessment
$2,598,900
 

  • Listing ID: 33948161

  • Date on Market: 11/21/2024

  • Last Updated:

  • Address: 106 Sparta Ave, Newton, NJ 07860

More public record information on 106 Sparta Ave, Newton, NJ 07860

The Retail Property at 106 Sparta Ave, Newton, NJ 07860 is currently available for Sale. Contact MICHAEL PROPERTIES I SERHANT for more information.

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