Properties

Description

Prime Downtown Newton Redevelopment Opportunity. Exceptional investment and development opportunity in the heart of thriving downtown Newton, the County Seat. Prominently located on desirable Spring Street, this commercial building is ready for a complete rehabilitation, offering a rare chance to reimagine a cornerstone property in one of Northwest New Jersey's most active and walkable business districts. Surrounded by established restaurants, boutiques, professional offices, the courthouse, and in close proximity to Sussex County Community College property, this location benefits from steady foot traffic and strong community presence. Ideal for mixed-use transformation, the property lends itself to a dynamic redevelopment concept featuring three street-level retail spaces with residential apartments on the upper floors (subject to approvals), creating an attractive blend of commercial vitality and residential demand in the downtown core. Whether you're an investor, developer, or business owner seeking a signature downtown presence, this is a blank canvas with substantial upside potential. The included conceptual rendering reflects one vision for honoring the historic character of the site while maximizing modern commercial and residential appeal through thoughtfully designed upper-level apartments positioned above vibrant ground-floor retail. Property requires total rehabilitation. Buyer responsible for all due diligence, inspections, zoning verification, and approvals.

Features

  • Heating System : See Remarks
  • Cooling System : See Remarks
  • Basement : Unfinished
  • Roof Deck : See Remarks
  • Tax Assessed Valuation: 245200
  • Sewer: See Remarks
  • Water: See Remarks

Appliances

  • Utilities: See Remarks

Additional Info

  • Office Name: WEICHERT REALTORS
  • Office MLS ID: 000645
  • Agent ID: 283347
  • Tax: 5192
  • Tax Year: 2024
  • Application Fee: $0
  • Zoning: T-6

Commercial For Sale

For Sale
$550,000

132 Spring St, Newton Town, *

  • SQFT 0.07 Acre
  • Built Year 1938

Details

  • Property Type: Commercial
  • Listing Type: For Sale
  • Listing ID: 5464160
  • Price: $550,000
  • Bedrooms: 0
  • Bathrooms: 0
  • Half Bathrooms: 0
  • Square Footage: 0 Sqft
  • Year Built: 1938
  • Year Built Description: Approximate
  • Lot Area: 0.07 Acre
  • Status: Active
  • Days On Market: 0

Contact Agent

Sky Realty & Associates

Map

Address Map

  • Country US
  • County Sussex
  • City Newton Town
  • Zipcode *
  • Subdivision: Downtown
  • Street: Spring St
  • Street Number: 132
  • Street Direction: Spring Street
  • Floor Number: 0
  • Longitude: W75° 14' 54.2''
  • Latitude: N41° 3' 26.9''
  • Internet Display Address: Yes
Property