1 of 34 - 46-48 &50 Water St, Newton Town, NJ Save the listing
2 of 34 - 46-48 &50 Water St, Newton Town, NJ
3 of 34 - 46-48 &50 Water St, Newton Town, NJ
4 of 34 - 46-48 &50 Water St, Newton Town, NJ
5 of 34 - 46-48 &50 Water St, Newton Town, NJ
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46-48 &50 Water St, Newton Town, NJ

$1,100,000

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11,860

Square feet

0.59

Acres

About 46-48 &50 Water St

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.

Features of 46-48 &50 Water St

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
Has Basement Yes
Basement Partial, Unfinished

Exterior

Exterior Brick
Lot Description Open Lot
Roof Asphalt Shingle

Additional Information

Date Listed September 26th, 2023
Days on Market 221
Zoning T-5

Listing Details

OfficeFAIRCLOUGH REALTORS
Office Contact973-726-7800

Listing Map

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