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144 Spring St

Newton Town, NJ 07860
  • $2,700,000
  • STATUS: Active
  • ON SITE: 157 Days
  • MLS #: 3910689
UPDATED: 46 min ago
$2,700,000
  • 0
    BEDS
  • 0.13
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 14,176
    SQFT
  • $190
    $/SQFT
Type:
Commercial
Built:
1880
County:
Area:

School Ratings & Info

Description

Very High Cash Flow Mixed Use 40 Room Hotel with very strong rental history and occupancy waiting list. This property also has a full sevice resturaunt and liq lic currently leased. The building has just been renovated and is centrally located on "fast redeloping" Spring Street in Newton NJ. Asking price is based on income and reasonably negotiable depending on terms and conditions.

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Garden State MLS logo © 2024 Garden State Multiple Listing Service, LLC. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Tejada Real Estate Partners | RE/MAX Select. Notice: The dissemination of listings on this website does not constitute the consent required by N.J.A.C. 11:5.6.1 (n) for the advertisement of listings exclusively for sale by another broker. Any such consent must be obtained in writing from the listing broker.The data relating to real estate for sale or lease on this web site comes in part from GSMLS. Real estate listings held by brokerage firms other than Tejada Real Estate Partners | RE/MAX Select are marked with the GSMLS logo or an abbreviated logo and detailed information about them includes the name of the listing broker. Data last updated 2024-12-02T23:46:15.82.
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144 Spring St Newton Town, NJ 07860

  • Price: $2,700,000
  • Status: Active
  • On Site: 157 Days
  • Updated: 46 min ago
  • MLS #: 3910689
0
Beds
0
Baths
0
½ Baths
0.13
Acres
14,176
SQFT
$190
$/SQFT
1880
Built
County:
Sussex
Area:
Newton Town
Property Description
Very High Cash Flow Mixed Use 40 Room Hotel with very strong rental history and occupancy waiting list. This property also has a full sevice resturaunt and liq lic currently leased. The building has just been renovated and is centrally located on "fast redeloping" Spring Street in Newton NJ. Asking price is based on income and reasonably negotiable depending on terms and conditions.
Exterior Features

Approximate Lot Size 00000.126 AC. Construction Brick/BlockWood Exterior Description Vinyl Siding Location Business DistrictSee Remarks Number Of Bays 0 Number Of Docks 0 Parking Driveway Description AssignedBlacktopParking Lot-SharedSee Remarks Roof Description Asphalt ShingleFlat

Interior Features

Basement Yes Basement Description FullStorage Cooling See Remarks Equipment Available See Remarks Heating See Remarks Max Ceiling Height 0 Max Door Height 0 Number Of Lavatories 18 Office Sq Ft 400

Property Features

Building Number 144 For Sale Or Lease For Sale Fuel Type Gas-Natural Permitted Use Mixed Use / Comm/ Res / Restaurant / Hotel Primary Property Type Hotel/Motel Property Type Hotel/MotelOffice/ApartmentsRestaurant/Bar Sale Includes Building & LandBuilding OnlyEquipmentOperating LicensesSee Remarks Sewer Public Sewer Suite Number 144 Tax Amount 37736 Tax Rate Amount 4.494 Tax Rate Year 2023 Tax Year 2023 Utilities ElectricGas-Natural Water Public Water Year Built Description Approximate Zoning T-6

Listing information © 2024 Garden State Multiple Listing Service,LLC.
Listing provided courtesy of BHHS GROSS AND JANSEN REALTORS: 973-764-5555.


Garden State MLS logo © 2024 Garden State Multiple Listing Service, LLC. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Tejada Real Estate Partners | RE/MAX Select. Notice: The dissemination of listings on this website does not constitute the consent required by N.J.A.C. 11:5.6.1 (n) for the advertisement of listings exclusively for sale by another broker. Any such consent must be obtained in writing from the listing broker.The data relating to real estate for sale or lease on this web site comes in part from GSMLS. Real estate listings held by brokerage firms other than Tejada Real Estate Partners | RE/MAX Select are marked with the GSMLS logo or an abbreviated logo and detailed information about them includes the name of the listing broker. Data last updated 2024-12-02T23:46:15.82.
 
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Tejada Real Estate Partners | RE/MAX Select
15 Bloomfield Ave
Montclair NJ, 07042