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170-172 Spring St 6,300 sq ft Office Property Newton, NJ 07860 £556,778 (£88.38/sq ft)
INVESTMENT HIGHLIGHTS
- Secure Data Center.
- Public Parking available.
- Located in the heart of Newton's Business District.
EXECUTIVE SUMMARY
This fully upgraded tech-enabled building is ready for residential conversion, investment use, or continued operation as a data center. Unlock the upside in this fully improved 6,300+ sq ft building located in the heart of Newton's vibrant business district. Over $1 million in capital improvements already completed this property presents a unique opportunity to convert the upper floors to residential while maintaining a commercial presence on the main level. The top floor includes a full kitchen, spacious full bath, and large flex room easily adaptable into a 1-bedroom apartment or manager's unit. The second floor offers an open footprint, two bathrooms, utility/storage areas plus a separate back entrance w potential for 2-3 residential units. First floor features a reception area, secure entry vestibule, 2 door man trap, half bath and a side loading door. Endless possibilities for medical/professional office, retail, or restaurant. Currently outfitted and operating as a state-of-the-art data center, with secure infrastructure, cooling systems, server space, and fiber/data connectivity already in place. The basement adds storage, utility access, and a secondary server room. Major upgrades include HVAC, electrical, fiber/data infrastructure, fire suppression, and security system. Close proximity to Starbucks, Chipotle, Five Guys, Walmart, and Newton's downtown make this a highly attractive investment or owner-user opportunity in one of Sussex County's fastest-growing towns.
TAXES & OPERATING EXPENSES (ACTUAL - 2024) Click Here to Access |
ANNUAL | ANNUAL PER sq ft |
|---|---|---|
| Taxes |
-
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-
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| Operating Expenses |
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| Total Expenses |
$99,999
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$9.99
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TAXES & OPERATING EXPENSES (ACTUAL - 2024) Click Here to Access
| Taxes | |
|---|---|
| Annual | - |
| Annual Per sq ft | - |
| Operating Expenses | |
|---|---|
| Annual | - |
| Annual Per sq ft | - |
| Total Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per sq ft | $9.99 |
PROPERTY FACTS
Sale Type
Owner Occupier
Property Type
Property Size
6,300 sq ft
Costar Property Class
B
Year Built
1890
Price
£556,778
Price per sq ft
£88.38
Tenancy
Single
Number of Floors
3
Typical Floor Size
2,100 sq ft
Plot ratio
2.07
Total Plot Size
0.07 ac
Use Class
T-6 - Available upon request
AMENITIES
- 24 Hour Access
- Controlled Access
- Security System
- Basement
1 1
Walk Score®
Easily Walkable (88)
PROPERTY TAXES
| Parcel Number | 15-00008-08-00028 | Improvements Assessment | £612,901 (2025) |
| Land Assessment | £66,516 (2025) | Total Assessment | £679,417 (2025) |
PROPERTY TAXES
Parcel Number
15-00008-08-00028
Land Assessment
£66,516 (2025)
Improvements Assessment
£612,901 (2025)
Total Assessment
£679,417 (2025)
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170-172 Spring St
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