$1,100,000 - 46-48 &50 Water St, Newton Town
- -
- Bedrooms
- -
- Baths
- 11,860
- SQ. Feet
- 0.59
- Acres
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.
Essential Information
-
- MLS® #:
- 3866667
-
- Price:
- $1,100,000
-
- Square Footage:
- 11,860
-
- Acres:
- 0.59
-
- Year Built:
- 1926
-
- Type:
- Commercial
-
- Status:
- Active
Community Information
-
- Address:
- 46-48 &50 Water St
-
- City:
- Newton Town
-
- County:
- Sussex
-
- State:
- NJ
-
- Zip Code:
- 07860-1419
Amenities
-
- Utilities:
- Electric
-
- Parking:
- Blacktop
Interior
-
- Heating:
- Electric, Oil Tank Above Ground - Inside
-
- # of Stories:
- 2
Exterior
-
- Exterior:
- Brick
-
- Lot Description:
- Open Lot
-
- Roof:
- Asphalt Shingle
Additional Information
-
- Date Listed:
- September 26th, 2023
-
- Days on Market:
- 222
-
- Zoning:
- T-5
Listing Details
- Listing Office:
- Fairclough Realtors