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Mixed-Use

Newton Mixed-Use

238 Spring St, Newton, NJ 07860

Listing Price: $3,500,000

Cap Rate
7.58%
Number of Units
18
Occupancy
100.0%
Price/Unit
$194,444
Price/Gross SF
$194.44
Gross SF
18,000

Investment Overview

Marcus & Millichap is pleased to exclusively present 236 & 238 Spring Street, Newton, Sussex County, New Jersey.

Investment Highlights

  • Excellent Opportunity to Own .77 Acres at Lighed Intersection in Downtown Newton, New Jersey
  • 100% Occupied with 4 Retail Tenants and 14 Apartments
  • Below Market Apartment Rents – No Rent Control in Newton Township

Exclusively Listed By

Mixed-Use

Newton Mixed-Use

Listing Price: $3,500,000

Cap Rate
7.58%
Number of Units
18
Occupancy
100.0%
Price/Unit
$194,444
Price/Gross SF
$194.44
Gross SF
18,000

Investment Highlights

  • Excellent Opportunity to Own .77 Acres at Lighed Intersection in Downtown Newton, New Jersey
  • 100% Occupied with 4 Retail Tenants and 14 Apartments
  • Below Market Apartment Rents – No Rent Control in Newton Township

Investment Overview

Marcus & Millichap is pleased to exclusively present 236 & 238 Spring Street, Newton, Sussex County, New Jersey.

Exclusively Listed By

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