For Sale
$375,000

219 Spring StNewton, NJ 07860

Prime location, vacant, redevelopment opportunity.

Overview

Added:
Dec 11, 2024
Days on market:
115
This bank-owned foreclosure presents a unique redevelopment opportunity in the heart of downtown Newton, New Jersey. The 4,444 square foot mixed-use storefront property, located at 219 Spring Street (zip code 07860), is situated on a 0.09-acre lot and boasts a desirable T-6 Comm zoning designation. Built in 1900, the three-story building is currently vacant and offers high ceilings and an open floor plan, ideal for customization. The storefront features three levels, including a walk-out basement, providing ample space for various uses. The building's exterior and interior are in good condition, making it "move-in ready." The property's central location offers excellent visibility and accessibility, making it perfect for a variety of businesses. With its multiple possibilities and prime downtown location, this fee simple ownership presents a compelling investment at an asking price of $375,000 ($84.38 per square foot). The property includes three lavatories and on-site parking. This is a rare chance to capitalize on the revitalization efforts underway in downtown Newton.

Highlights

  • $375,000 asking price for a vacant, mixed-use storefront.
  • 4,444 square feet on a 0.09-acre lot, $84.38/sq ft.
  • Three-story, 1900-built building in Newton, NJ.
  • T-6 Commercial zoning; fee simple ownership; bank-owned foreclosure.
  • Downtown Newton location; move-in ready condition.

Property Details for 219 Spring St

Property type
Retail properties, Mixed-use properties
Square Feet
4,444 SF
Year Built
1900
Buildings
1
Stories
3
Lot Size (sq. ft)
3,920 SF

Location Insight

City
Newton
County
Sussex
State
New Jersey
Latitude
41.056636
Longitude
-74.7500515
219 Spring St, Newton, New Jersey

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219 Spring St
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