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65-67 Spring St
Newton, NJ 07860
Turnkey 7 Unit Mixed Use 4 Apt & 3 Commercial · Build-to-Rent Property For Sale · 4 Units

INVESTMENT HIGHLIGHTS

  • Recently Renovated and Newly Built Apartments
  • New AC Units and other infrastructure replaced in 2024 when new apartments were added
  • Train Station Coming to the Area (NJ Transit to NYC)
  • New Retail Tenant with strong lease for 2025
  • Newton has strong apartment demand and no rent control

PROPERTY FACTS

No. Units 4
Property Type Build-to-Rent
Property Subtype
Apartment
  • Office / Residential
Costar Property Class C
Total Plot Size 0.15 ac
Property Size 11,000 sq ft
No. Floors 3
Year Built/Renovated 1870/2024
Parking Allocation 1.36/1,000 sq ft
Use Class T-6 - This area provides for the majority of retail and commercial uses within the Town. Residential and office uses over the commercial uses.

AMENITIES

UNIT AMENITIES

  • Air Conditioning
  • Dishwasher
  • Ceiling Fans
  • Oven
  • Dining Room

SITE AMENITIES

  • 24 Hour Access
  • Tenant Controlled HVAC
  • Smoke Free
  • Rubbish Collection - Kerbside
  • Walk-Up
  • Smoke Detector

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
15-00008-03-00012
Land Assessment
£79,508
Improvements Assessment
£570,808
Total Assessment
£650,316
  • Listing ID: 34489205

  • Date on Market: 15/01/2025

  • Last Updated:

  • Address: 65-67 Spring St, Newton, NJ 07860

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