132 Spring St, Newton, NJ 07860

$600,000
Active for Sale
 
Listing ID 11837719
Property Type Commercial
County Sussex
Township Newton Town
Total Tax $5,192
FEMA Flood Map fema.gov/portal
Year Built 1938
   
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Newton

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.
Property Details
  • 5767 SF (AG)
  • 0.07 Acres
  • Built in 1938
Commercial Info
  • % Cap. Rate
Taxes and Fees
  • $5,192 Total Tax
Listed By
Weichert, Realtors - Sparta
Office: 973-729-2700
Mobile: 845-742-6647
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