204 Main StNewton, NJ 07860

  • Commercial real estate
  • 3,843 SF
For Sale
$500,000 View listing

Property Details for 204 Main St

Year built
1915
Construction
FRAME
Lot size
0.77 AC
Property size (Sq ft)
3,843 SF
Zone code
T-4
Property type
Commercial real estate
APN
15 00013- 07-00009
APU
15000130700009

Description

This exceptional 3,843 square foot mixed-use commercial building is situated at 204 Main Street, Newton, NJ, on a 0.77-acre lot. Its high-visibility location offers excellent exposure for any business. The property boasts ample off-street parking, including a two-car garage and additional space for twelve or more vehicles. Currently configured as a showroom and office space for a home improvement contractor, the building also includes a separate one-bedroom, one-bathroom apartment with its own entrance and utilities. A finished basement, previously used as office space, offers additional potential. The first floor features five generously sized rooms, including a large, equipped kitchen, office space, and showrooms. The second floor comprises five offices, a conference room, and a full bathroom. The building is equipped with natural gas, forced-air heating, central air conditioning, and connects to public water and sewer systems. The property's zoning allows for a variety of uses, including mixed-use, office space, and residential configurations such as single-family, duplex, or triplex dwellings. This versatile property presents a unique opportunity for a wide range of commercial and residential ventures. The asking price is $500,000.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $1,092,719
    Hospitality
    $1,000,925
    Educational
    $832,758
    Medical
    $861,398
    Retail
    $1,295,401
204 Main St, Newton, New Jersey
Leaflet | © OpenStreetMap contributors

Location Insight

City
Newton
County
Sussex
State
New Jersey
Latitude
41.0483
Longitude
-74.7572
CBSA code
35620
CBSA name
NEW YORK-NORTHERN NEW JERSEY-LONG ISLAND, NY-NJ-PA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2022
$9,926
$86,800
$133,200
$220,000
-
$86,800
$133,200
$220,000

FAQs

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