200 Spring St - Storefront Retail/Office FOR SALE
Newton, NJ 07860 |
$1,500,000 USD
646-408-8024
200 Spring St
Newton, NJ 07860
OVERVIEW
28 Residential Apartments (21 One BR and 7 Two BR) and 2 Retail (one ground floor and one roof top restaurant) All approved.
25 Market Rate and 3 Affordable housing units
Wonderful opportunity to build a new ground up multi family structure in heart of Newton.
Parking will be purchased from Newton Municipal Lot as per resolution.
Please contact Marc for Building Plans, Resolution and additional Information.
Newton is very development friendly town. T-6 Zoning.
FOR SALE DETAILS
PRICE
$1,500,000 USD
PRICE/SF
$224 USD /SF
CAP RATE
Request Cap Rate
% LEASED
-
TENANCY
Multiple
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY NAME
30 Approved Multi Family Apartment Units
PROPERTY TYPE
Retail
PROPERTY SUBTYPE
Storefront Retail/Office
ADD'L SUBTYPES
Storefront Retail/Residential, Office/Residential
TOTAL BUILDING SIZE
-
STORIES
2
YEAR BUILT
1950
SPRINKLERS
-
PARKING SPACES
-
LAND DETAILS
LAND ACRES
0.16 AC
LAND SF
6,882 SF
ZONING
T-6
APN/PARCEL ID
15-00008-09-00008
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646-408-8024
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646-408-8024
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