155-157 Spring St
2,965 SF 100% Leased Retail Building Newton, NJ 07860 $929,589 CAD ($313.52 CAD/SF)
EXECUTIVE SUMMARY
Fantastic masonry building on spring street. 2 Apartments and 1 Retail space. Retail space needs renovation and is not occupied. Both apartments are occupied on a month to month basis. All utilities are separately metered.
PROPERTY FACTS
Sale Type
Investment
Property Type
Retail
Property Subtype
Storefront Retail/Residential
Building Size
2,965 SF
Building Class
B
Year Built/Renovated
1870/2020
Price
$929,589 CAD
Price Per SF
$313.52 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Building FAR
0.65
Lot Size
0.10 AC
Zoning
C-2
Parking
5 Spaces (1.69 Spaces per 1,000 SF Leased)
Frontage
20’ on Spring St
Walk Score®
Very Walkable (86)
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 15-00008-04-00012 | Improvements Assessment | $397,672 CAD |
| Land Assessment | $144,061 CAD | Total Assessment | $541,733 CAD |
