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115 Spring St
Newton, NJ 07860
Apartments - Gut Reno Retro Fit Value Add Op · Multifamily Property For Sale
·
9 Units
Investment Highlights
- Vacant Brick Building - Conversion Ready
- Thor Labs, Newton Memorial Hospital and Sussex County Community College Nearby
- Lack of Inventory for Apartment Renters
- Architect Plans Including MEP Come with Sale, Ready to Submit for Approvals
- Train Coming to Andover (One Town Over) to Connect to NYC and NJ Transit Trains
- Healthy Rents in the Area with No Rent Control
Property Facts
| No. Units | 9 | Lot Size | 0.04 AC |
| Property Type | Multifamily | Building Size | 9,086 SF |
| Property Subtype | No. Stories | 3 | |
| Apartment Style | Low-Rise | Year Built | 1880 |
| Building Class | C | ||
| Zoning | T-6 | ||
| No. Units | 9 |
| Property Type | Multifamily |
| Property Subtype | |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.04 AC |
| Building Size | 9,086 SF |
| No. Stories | 3 |
| Year Built | 1880 |
| Zoning | T-6 |
Amenities
Site Amenities
- Smoke Detector
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 7 | - | - |
Property Taxes
| Parcel Number | 15-00008-03-00008 | Improvements Assessment | $334,600 |
| Land Assessment | $88,300 | Total Assessment | $422,900 |
Property Taxes
Parcel Number
15-00008-03-00008
Land Assessment
$88,300
Improvements Assessment
$334,600
Total Assessment
$422,900
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