132 Spring St, Newton, NJ 07860

  • Active

 $550,000

  • 0 BedroomBedrooms
  • 0 BathroomBathrooms
  • 4,284 Sq.Ft.
  • Commercial
  • Active
  • MLS# 4055728
  • Sold On
  • Rental
0 More Schedule
Source MLS Verified

PROPERTY 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.

Property Details

General

  • Subdivision: Downtown
  • County: Sussex
  • Acreage: 0.07
  • Year Built: 1938
  • Sq. Ft.: 4,284
  • Lot Size: 00000.068 AC.

Financial Considerations

  • Tax Amount: $5,192
  • Tax Year: 2024

Activity

  • Days On Market: 28
  • List Date: 09/28/2026
 

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