283 Spring St new Save Request In-Person Tour Request Virtual Tour
Newton Town,NJ 07860
Key Details
Property Type Multi-Family, Commercial
Listing Status Active
Purchase Type For Sale
Square Footage 2,069 sqft
Price per Sqft $169
Subdivision Lower Spring
MLS Listing ID 3984015
Style 2-Two Story
Bedrooms 4
Full Baths 3
Year Built 1930
Annual Tax Amount $9,751
Tax Year 2024
Lot Size 6,098 Sqft
Property Description
Investor Opportunity in the Heart of Newton! Unlock the potential of this three-unit multifamily in Newton's booming Lower Spring Street corridor right across from Thor Labs and just steps to shops, restaurants, and town conveniences. This property is over 2000 sq ft and features two 1-bedroom apartments and one 2-bedroom unit, all currently vacant and ready for your vision. Whether you're looking to renovate and rent or reposition entirely, this one is priced to move and offers plenty of parking and a location that's hard to beat. Located in the T-3 zoning section. The building needs work, but savvy investors will recognize the opportunity to create value in Sussex County's fastest-growing town. You're just minutes from Walmart, Home Depot, Weis Markets, and popular chains like Starbucks, Chipotle, Panera, Jersey Mike's, and Five Guys.
Location
State NJ
County Sussex
Rooms
Basement Unfinished
Interior
Heating Electric
Cooling None
Heat Source Electric
Exterior
Exterior Feature Stone, Stucco, Wood
Utilities Available Electric, Gas In Street
Roof Type Asphalt Shingle
Building
Sewer Public Sewer
Water Public Water
Architectural Style 2-Two Story
Schools
Elementary Schools Merriam Av
Middle Schools Halsted St
High Schools Newton
Others
Senior Community No