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46 Water St

Newton Town, NJ 07860
  • $1,100,000
  • STATUS: Active
  • ON SITE: 245 Days
  • ID#: 3866667
UPDATED: 88 min ago
$1,100,000
  • 0
    BEDS
  • 0.59
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 11,860
    SQFT
  • $93
    $/SQFT
Type:
Commercial
Built:
1926
County:
Area:

School Ratings & Info

Description

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.

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Garden State MLS logo © 2024 Garden State Multiple Listing Service, LLC. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or eXp Realty LLC. Notice: The dissemination of listings on this website does not constitute the consent required by N.J.A.C. 11:5.6.1 (n) for the advertisement of listings exclusively for sale by another broker. Any such consent must be obtained in writing from the listing broker.The data relating to real estate for sale or lease on this web site comes in part from GSMLS. Real estate listings held by brokerage firms other than eXp Realty LLC are marked with the GSMLS logo or an abbreviated logo and detailed information about them includes the name of the listing broker. Data last updated 2024-05-29T08:46:37.42.
www.rowackrealestateteam.com/homes/143730628
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46 Water St Newton Town, NJ 07860

  • Price: $1,100,000
  • Status: Active
  • On Site: 245 Days
  • Updated: 88 min ago
  • ID#: 3866667
0
Beds
0
Baths
0
½ Baths
0.59
Acres
11,860
SQFT
$93
$/SQFT
1926
Built
County:
Sussex
Area:
Newton Town
Property Description
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.
Exterior Features

Approximate Lot Size 0.59 Construction Brick/BlockFormed Concrete Exterior Description Brick/BlockConcrete Location Business DistrictFreestandingHighway Location Lot Description Open Lot Number Of Bays 2 Number Of Docks 0 Parking Driveway Description Blacktop Roof Description Asphalt Shingle

Interior Features

Basement Yes Basement Description PartialUnfinished Cooling 1 UnitCentral Air Equipment Available Restrooms - PrivateSign - BuildingStorage Area(s) Floors Tile Heating 1 UnitBaseboard - Electric Max Ceiling Height 10 Max Door Height 10 Number Of Lavatories 2 Office Sq Ft 3000

Property Features

For Sale Or Lease For Sale Fuel Type ElectricOilAbIn Primary Property Type MixedUse Property Type Gas Station/GarageMixed UseOffice/Apartments Sale Includes Building & Land Sewer Public Sewer Suite Number NA Tax Amount 38292 Tax Rate Amount 4.492 Tax Rate Year 2023 Tax Year 2023 Utilities Electric Water Public Water Year Built Description Approximate Zoning T-5

Listing information © 2024 Garden State Multiple Listing Service,LLC.
Listing provided courtesy of Fairclough Realtors: 973-726-7800.


Garden State MLS logo © 2024 Garden State Multiple Listing Service, LLC. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or eXp Realty LLC. Notice: The dissemination of listings on this website does not constitute the consent required by N.J.A.C. 11:5.6.1 (n) for the advertisement of listings exclusively for sale by another broker. Any such consent must be obtained in writing from the listing broker.The data relating to real estate for sale or lease on this web site comes in part from GSMLS. Real estate listings held by brokerage firms other than eXp Realty LLC are marked with the GSMLS logo or an abbreviated logo and detailed information about them includes the name of the listing broker. Data last updated 2024-05-29T08:46:37.42.
 
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eXp Realty LLC
28 Valley Rd Suite #1
Montclair NJ, 07042