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277 SPRING ST
NEWTON, NJ 07860

$1,250,000 
  • -- Beds
  • 4/4 Baths
  • 10,000 sqft
  • Commercial | Apartmnt,Retail,MixedUse
  • Active
277 SPRING ST, NEWTON - 390070061
277 SPRING ST, NEWTON - 390070062
277 SPRING ST, NEWTON - 390070063
277 SPRING ST, NEWTON - 390070064
277 SPRING ST, NEWTON - 390070065
277 SPRING ST, NEWTON - 390070066
277 SPRING ST, NEWTON - 390070067
277 SPRING ST, NEWTON - 390070068
277 SPRING ST, NEWTON - 390070069
277 SPRING ST, NEWTON - 390070070
277 SPRING ST, NEWTON - 390070071
277 SPRING ST, NEWTON - 390070072
277 SPRING ST, NEWTON - 390070073
277 SPRING ST, NEWTON - 390070074

Property Description for 277 SPRING ST, NEWTON NJ 07860

8 UNIT Mixed-Use Strip Mall in excellent condition; Low maint, Sep elect meters;Laundromat has CA & gas; onsite park'g for 30+ cars w/add'l st parking. Predictable cash flow, complex is 100% occupied; all leases in place. Four retail tenants include Laundromat, Beauty Salon, Tattoo Parlor & Barber Shop. Four roomy 2 BR apartments similar in size each have wall AC elect heat, LR/DR, Kit, BA, lots of closets & recent updates. Partial basement for extra storage; Public water and Sewer. Turn key condition: 7% cap. Financials available to qualified buyer. Parking lot has been recently improved with all new asphalt and re-striping.

  • Property Class: Commercial
  • Listing Status: Active
  • City: NEWTON
  • State: NJ
  • Zip: 07860
  • Area: Sussex
  • County: Sussex
  • Class: Commercial
  • Property Subtype: Apartmnt,Retail,MixedUse
  • Approx Lot Size: 0.660
  • Stories: 2
  • Baths Total: 8
  • Baths (F/H): 4/4
  • Living Area (SqFt): 10,000 sqft
  • Garage: 30
  • Year Built: 1974
  • Listing#: 3385444
  • List Date: 5/5/2017
  • Last updated on: 9/23/2017

Additional Information for 277 SPRING ST, NEWTON NJ 07860

  • Tax Assessed Value: 620700.00
  • Gross Building Area: 10000.00
  • Exterior: Brick,Vinyl
  • Utilities Present: Yes
  • Cooling Present: Yes
  • Heating Fuel: Electric,Gasnatur
  • Security Features: Fire Alarm
  • Other Parking: Prkshare,Blacktop,Drvexclu,Common
  • Parking Total: 30.00
  • Basement Type: Partial,Unfinished,Storage
Courtesy of HIGHMARK REAL ESTATE
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