46 Water St, Newton Town NJ, 07860

Active

46 Water St

Newton Town NJ, 07860

$1,100,000

$92.75 per sqft

Active

11,860 sqft

Commercial

Built in 1926

The sale includes 2 buildings, 46-48 Water St and 50 Water St; Block 5.05 Lot 21 & Block 5.05 Lot 20. Total acreage: .59 acres. Two large renovated office spaces, a 5-bedroom apartment, a 1-bedroom apartment, and a large auto repair shop. City sewer, water & gas. 9% CAP rate. Great opportunity. The owner will do a sale-leaseback. NOI $103,000.00. Mixed-use building with outdoor storage. Zoned for cannabis as well.

3866667

MLSⓇ ID

April 24, 2024

Updated

Map

46 Water St
Newton Town NJ, 07860

Interior Features

Total Stories: 2
Interior Features: Tile
Floor Description: Tile
Fireplace: No
Cooling: Yes
Cooling Description: Central Air
Heating: Yes
Heating Description: Baseboard, Electric, Oil

Exterior/Building Features

Lot Size: 0.59 Acres
Roof: Asphalt
Sewer: Public Sewer

Other Property Details

Taxes: $38,292
Tax Frequency: Annually
Days on Market: 153
Garage: No
View: No
County: Sussex
Water Source: Public
Pool: No
Zoning: T-5

Courtesy of FAIRCLOUGH REALTORS with LISA FAIRCLOUGH,
Listing Contact: 9737267800

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