Property photo 1
5,767 sqft

$550,000

132 Spring St, Newton Town NJ, 07860

Price per sqft$95.37
Built in1938
Property size5,767 sqft
Property typeCommercial

Overview

Active

Listed Sep 28, 2026

Updated 46h ago

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.

Other Property Details

Taxes
$5,192
Tax Frequency
Annually

Courtesy of WEICHERT REALTORS with CHRISTINE TREMAIN, MARC TREMAIN
Listing Contact: 9737292700 

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