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Susan Maryanski

Operator | Opulent Living | Keller Williams City Life

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132 Spring St , Newton Town, NJ 07860
$550,000
Est. Payment: $3,001.58/mo
5767 Sqft
0.07 Acres
Status: active | Days on site: 23
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Susan Maryanski
Operator

House 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.

Highlights

Listed by CHRISTINE TREMAIN , MP and MARC TREMAIN , MP WEICHERT REALTORS , 973-729-2700. Garden State MLS

Property Type

Commercial Sale

Lot/Acreage
0.07

Year Built

1938

County

Sussex

Neighborhood

Downtown

Listing ID

4055728

Questions about this listing?

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Interior Features

Air Cond:See Remarks
Fireplaces:
Basement:Unfinished
Water:See Remarks

Exterior Features

Lot Dimensions:00000.068 AC.
Zoning:T-6
Roof:See Remarks
Others:
  • ▪ Additional:See Remarks
Sewer:See Remarks
Parking Features:See Remarks
Principal Interest
$3,002
Taxes
$433

Home Price

$550,000

Loan Details

30 yrs
7.25%

Down Payment

20%
$110,000
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$3,001.58

Principal

Taxes

Principal Taxes HOA Total
Monthly $3,001.58 $432.67 $0.00 $3,434.24
Yearly $36,018.91 $5,192.00 $0.00 $41,210.91
Total $1,080,567.23 $155,760.00 $0.00 $1,236,327.23

Today's Rates

30 Year

7.25%

20 Year

7.06%

15 Year

6.58%

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Market insight data is pulled from the same city as the listing being viewed (Newton Town, NJ).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.

Information provided by Garden State MLS, and is deemed reliable but not guaranteed accurate.

IDX service by Blueroof 360

Data last updated: 2026-10-22T22:59:27.000Z

© 2026 Garden State MLS