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128-134 Spring St
Newton, NJ 07860
Retail Property For Sale
INVESTMENT HIGHLIGHTS
- Prime Development Opportunity: Ideal location in downtown Newton on Spring Street, ready for your vision.
- Historical Charm: Design pays homage to the rich history of this unique location.
- High Visibility: Located in the heart of Newton, ensuring strong visibility and foot traffic.
- Mixed-Use Potential: Concept rendering suggests commercial spaces on the street level with multiple apartments above.
- Versatile Usage: Potential for a blend of retail, office, or residential spaces in a thriving downtown area.
- Buyer Responsibility: Buyer to perform their own due diligence and secure necessary approvals.
EXECUTIVE SUMMARY
Development opportunity in downtown Newton! Bring your vision to this Spring Street location. The possibilities await at this great location in the heart of Newton. The rendering shown is a thoughtful nod to the deep history of this special spot and features commercial opportunities on the street level with numerous apartments on floors above. Buyer to conduct their own due diligence and approvals.
PROPERTY FACTS
Sale Type
Investment
Property Type
Retail
Property Subtype
Storefront
Building Size
5,767 SF
Building Class
B
Year Built
1938
Price
$600,000
Price Per SF
$104.04
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.96
Lot Size
0.14 AC
Zoning
C-2 - Commercial
Frontage
50’ on Spring St
AMENITIES
- Air Conditioning
PROPERTY TAXES
| Parcel Number | 15-00008-08-00023 | Improvements Assessment | $150,000 |
| Land Assessment | $95,200 | Total Assessment | $245,200 |
PROPERTY TAXES
Parcel Number
15-00008-08-00023
Land Assessment
$95,200
Improvements Assessment
$150,000
Total Assessment
$245,200
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VIDEOS
MATTERPORT 3D EXTERIOR
MATTERPORT 3D TOUR
PHOTOS
STREET VIEW
STREET
MAP
