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
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.