144 Spring St | Newton Town

$2,700,000 | 18 Baths (18 Half) | 14,176 Sq. Ft.

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. GSMLS 3910689

Directions to property: 144 Spring Street, Newton, NJ

MLS Listing ID: 
GSMLS 3910689
Listing Status
Status of the Listing.
Listing Status: 
Active
Listing Status (Local): 
Active
Listing Status Accepting Offers: 
1
Building Details
Details about the building on a property.
Stories: 
4
Year Built: 
1880
Living Area: 
14,176
Basement: 
Full, Storage
Construction
Construction Materials: 
Brick/Block, Wood
Roof: 
Asphalt Shingle, Flat
Exterior: 
Vinyl Siding
Energy Information: 
Electric, Gas-Natural
Room Details
Details about the rooms in the building.
Total Bedrooms: 
0
Total Bathrooms: 
18
Total Half-Bathrooms: 
18
Utilities
Information about utilities available on the property.
Heating System: 
See Remarks
Heating System Fuel: 
Gas-Natural
Cooling System: 
See Remarks
Water Source: 
Public Water
Sewer: 
Public Sewer
Lot/Land Details
Details about the lots and land features included on the property.
Acres: 
0.13
Lot Size (Dimensions): 
00000.126 AC.
Waterfront: 
0
Lot Features
Driveway: 
Assigned, Blacktop, Parking Lot-Shared, See Remarks
Parking Type: 
Assigned, Blacktop, Parking Lot-Shared, See Remarks
Public Record
Parcel Number: 
2815-00008-0008-00024-0000-
Lot Number: 
24
Annual Tax: 
$37,736.00
Property Zoning: 
T-6
Listing Dates
Dates involved in the transaction.
Listing Entry Date/Time: 
6/28/2024
Contract Details
Details about the listing contract.
Inclusions: 
Building & Land, Building Only, Equipment, Operating Licenses, See Remarks
Possession: 
closing
Listing Participants
Participants (agents, offices, etc.) in the transaction.
Listing Office Name: 
BHHS GROSS AND JANSEN REALTORS