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65-67 Spring St
Newton, NJ 07860
Multifamily Property For Sale · 4 Units

INVESTMENT HIGHLIGHTS

  • No rent control
  • Third floor apartments were converted in 2018
  • Tenants pay heat, hot water and electric usage
  • Potential to convert the second floor office space to two, two bedroom apartments
  • On-site parking
  • Brand new roof, installed 2021; All windows replaced over past 10 years

PROPERTY FACTS

No. Units 4
Property Type Multifamily
Property Subtype
Apartment
  • General Retail Storefront Retail/Office
Building Class C
Lot Size 0.15 AC
Building Size 11,000 SF
No. Stories 3
Year Built/Renovated 1870/2021
Parking Ratio 1.36/1,000 SF
Zoning T-6 - This area provides for the majority of retail and commercial uses within the Town. Residential and office uses over the commercial uses.

AMENITIES

UNIT AMENITIES

  • Air Conditioning
  • Dishwasher
  • Ceiling Fans
  • Oven
  • Dining Room

SITE AMENITIES

  • 24 Hour Access
  • Tenant Controlled HVAC
  • Smoke Free
  • Trash Pickup - Curbside
  • Walk-Up
  • Smoke Detector

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
15-00008-03-00012
Land Assessment
$107,100
Improvements Assessment
$768,900
Total Assessment
$876,000
  • Listing ID: 24908442

  • Date on Market: 1/25/2022

  • Last Updated:

  • Address: 65-67 Spring St, Newton, NJ 07860

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