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244 Newton Sparta Rd

2,540 SF Retail Building Newton, NJ 07860 £791,538 (£312/SF)

Executive Summary

Excellent Location - Long term lease with Domino's Pizza. Tenant responsible for building maintenance and repairs, property taxes, all utilities, snow removal and landscape. This is all included in the long term lease. Tenant is responsible for structural aspect of the building, the septic, any additional expenses for maintenance. Property is located at the corner of Newton Sparta Road and Limecrest Road.

Property Facts Under Contract

Sale Type
Investment
Property Type
Retail
Property Subtype
Fast Food
Building Size
2,540 SF
Building Class
C
Year Built
1950
Price
£791,538
Price Per SF
£312
Tenancy
Single
Number of Floors
1
Building FAR
0.03
Lot Size
1.73 AC
Zoning
CB - Commercial Business
Frontage
65 ft on Newton Sparta Road

Amenities

  • Corner Lot
  • Restaurant
  • Signage

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
02-00103-0000-00004-01
Land Assessment
£240,631
Improvements Assessment
£83,908
Total Assessment
£324,538
  • Listing ID: 32815618

  • Date on Market: 15/08/2024

  • Last Updated:

  • Address: 244 Newton Sparta Rd, Newton, NJ 07860

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