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    132 Spring St Newton, NJ 07860

    Picture of Commercial land at Spring St 132, Newton, NJ
    For Sale
    $600,000

    Commercial - Newton Town, NJ

    Lot size:
    0.07 Acres
    Days on Market:
    24
    Last Refresh:
    Dec 9 at 3:06 pm

    Property Features for 132 Spring St

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Standard status
    Active
    Zoning
    T-6
    Rooms
    Basement
    Basement Y/N
    1
    Lot size
    0.07 Acres

    Building Details

    Year built
    1938
    Architectural style
    Other

    Weichert Realtors Sparta (973) 219-5355 [email protected]

    Listing agent MARY SMITH (973) 729-2700

    Listing date Nov 16, 2025

    MLS# 3977838 Listing URL

    Copyright © 2025 Garden State MLS, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Downtown Newton Development Opportunity

    This commercial land, located in downtown Newton Town, New Jersey, presents a development opportunity on Spring Street. The 0.07-acre lot is zoned T-6. The rendering provided suggests potential commercial spaces on the street level, with apartments on the upper floors, reflecting the area's history. Buyers are advised to conduct their own due diligence and secure necessary approvals to realize their vision for this location.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial land

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Newton
    County
    Sussex
    State
    New Jersey
    Longitude
    -74.7516
    Latitude
    41.05746

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    FAQs

    What type of property is this?
    Commercial land - Development opportunity in the heart of Newton Town, New Jersey.
    Where is this commercial land located?
    The property is located at 132 Spring St Newton, NJ.
    What is the asking price?
    The asking price for this property is $600,000.
    What are key features of this property?
    This property features: - Development opportunity in downtown Newton.; - Prime Spring Street location.; - Potential for commercial and residential units.
    (973) 729-2700
    Request Owner's contact information
    132 Spring St Newton, NJ 07860
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    Newton, NJ 07860
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    132 Spring St Newton, NJ 07860
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