Property
Newton Town, NJ 07860 283 Spring St
$350,000
Pending
5 more
Presented By: EXP REALTY, LLC; 201-674-5216
Beds • 4
Baths • 3
SQFT • 2,069
Home Details
Investor Opportunity in the Heart of Newton! Unlock the potential of this three-unit multifamily in Newton's booming Lower Spring Street corridor right across from Thor Labs and just steps to shops, restaurants, and town conveniences. This property is over 2000 sq ft and features two 1-bedroom apartments and one 2-bedroom unit, all currently vacant and ready for your vision. Whether you're looking to renovate and rent or reposition entirely, this one is priced to move and offers plenty of parking and a location that's hard to beat. Located in the T-3 zoning section. The building needs work, but savvy investors will recognize the opportunity to create value in Sussex County's fastest-growing town. You're just minutes from Walmart, Home Depot, Weis Markets, and popular chains like Starbucks, Chipotle, Panera, Jersey Mike's, and Five Guys.
Presented By: EXP REALTY, LLC; 201-674-5216
Interior Features for 283 Spring St
Bedrooms
Total Bedrooms4
Unit 1 Beds Total1
Unit 2 Beds Total1
Unit 3 Beds Total1
Bathrooms
Half Baths0
Unit 1 Baths Total1.0
Unit 2 Baths Total1.0
Unit 3 Baths Total1.0
Other Interior Features
Unit 1 Sq Ft0
Unit 2 Sq Ft0
Unit 3 Sq Ft0
Unit 1 Levels1
Unit 2 Levels2
Unit 3 Levels1
UnitType1TotalRent0
UnitType2TotalRent0
UnitType3TotalRent0
Unit 3 Fireplaces0
Unit 3 Handicap ModifiedNo
Unit 2 Handicap ModifiedNo
Unit 2 Fireplaces
Unit 1 Fireplaces
Unit 1 Handicap ModifiedNo
Unit 1 Appl/EquipCarbon Monoxide Detector, Smoke Detector
Unit 2 Appl/EquipCarbon Monoxide Detector, Smoke Detector
Unit 3 Appl/EquipCarbon Monoxide Detector, Smoke Detector
BasementUnfinished
Fuel TypeElectric
Other Rooms
Unit 2 Rooms4
Unit 1 Rooms3
Unit 3 Rooms3
Unit 3 Room DescriptionBedrooms, Kitchen, Living/Dining Room
Unit 1 Room DescriptionBedrooms, Kitchen, Living/Dining Room
Unit 2 Room DescriptionBedrooms, Kitchen, Living/Dining Room
General for 283 Spring St
Architectural Style2-Two Story
CoolingNone
CountySussex
DirectionsLower Spring St
DriveDriveway-Shared
EasementUnknown
Elementary SchoolMERRIAM AV
Full Baths3
Gross Income99999
HeatingBaseboard - Electric
High SchoolNEWTON
Middle/Junior High SchoolHALSTED ST
Net Operating Income99999
Number Of Units Total3
Open Parking Spaces6
Operating Expense99999
Possessionat closing
RoofAsphalt Shingle
SewerPublic Sewer
Standard StatusUnder Contract
StatusUnder Contract
Subdivision NameLower Spring
Tax Annual Amount9751
Tax Assessed Value374500
Tax Lot11
Tax Year2024
Total Rooms10
Town #2817
TownshipNewton Town
UtilitiesElectric, Gas In Street
Water HeaterElectric
Year Built1930
Exterior for 283 Spring St
Building Area Total2069
Exterior DescriptionStone, Stucco, Wood
Lot Dimensions00000.145 AC.
Lot Size Acres0.14
Water SourcePublic Water
Additional Details
Price History
Schools
High School
Newton High School
Elementary School
Merriam Av Elementary School
Middle School
Halsted St Middle School
Charles Torres
Owner