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75 Mill St
Newton, NJ 07860
Darling Mills Industrial Park · Industrial Property For Sale
Executive Summary
Located in the thriving industrial hub of Newton, New Jersey, this impressive industrial property spans 4.16 acres and features four buildings, totaling a substantial 135,000 square feet of versatile space. A compelling investment opportunity, 74,630 square feet of this property remain vacant, offering potential for various commercial applications. The remaining space is currently leased, providing a steady income stream. The property features four loading docks, two drive-ins, and ample parking at 2.5 spaces per 1,000 square feet. Notably, significant renovations and upgrades have been recently completed, ensuring a modern and efficient facility. The property is also zoned for cannabis use, making it highly attractive for businesses in the emerging cannabis industry. Furthermore, the motivated seller, who is retiring, is willing to offer owner financing, making this an opportunity that should not be missed for savvy investors seeking a prime industrial property in the Garden State.
Property Facts Under Contract
| Sale Type | Investment or Owner User | Rentable Building Area | 109,751 SF |
| Property Type | Industrial | No. Stories | 2 |
| Property Subtype | Manufacturing | Year Built | 1919 |
| Building Class | C | Clear Ceiling Height | 19’ |
| Lot Size | 4.16 AC | No. Dock-High Doors/Loading | 3 |
| Zoning | M-1,Industrial | ||
| Sale Type | Investment or Owner User |
| Property Type | Industrial |
| Property Subtype | Manufacturing |
| Building Class | C |
| Lot Size | 4.16 AC |
| Rentable Building Area | 109,751 SF |
| No. Stories | 2 |
| Year Built | 1919 |
| Clear Ceiling Height | 19’ |
| No. Dock-High Doors/Loading | 3 |
| Zoning | M-1,Industrial |
Utilities
- Gas - Natural
- Water - City Water
- Sewer - City Sewer
- Heating - Gas
Property Taxes
| Parcel Number | 15-00005-05-00001 | Improvements Assessment | $2,954,700 |
| Land Assessment | $924,000 | Total Assessment | $3,878,700 |
Property Taxes
Parcel Number
15-00005-05-00001
Land Assessment
$924,000
Improvements Assessment
$2,954,700
Total Assessment
$3,878,700
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