132 Spring St,Newton Town, NJ 07860
Newton Town, NJ 07860
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.
Details
| MLS # | 4055728 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Active |
| Year | 1938 |
| Days On Site | 13 |
| Listing Provided By | WEICHERT REALTORS | CHRISTINE TREMAIN |
Features
| Basement | Y |
|---|---|
| Story(s) | 1 |
| Zoning | T-6 |
Taxes
| Property | 5192 |
|---|
Area Information
| State | NJ |
|---|---|
| County | Sussex |
| City | Newton Town |
| Zip Code | 07860 |
| Area | Sussex |
| Community Name | Downtown |
| Listing VS Median (in Downtown) | |
Price: $550,000 low | high Med: $329,000 On site: 13 low | high Med: 5 | |
Market Activity 07860
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Learn More About This Property
| State | NJ |
|---|---|
| County | Sussex |
| City | Newton Town |
| Zip Code | 07860 |
| Area | Sussex |
| Community Name | Downtown |
| Listing VS Median (in Downtown) | |
Price: $550,000 low | high Med: $329,000 On site: 13 low | high Med: 5 | |
