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    692 Us Highway 206 Newton, NJ 07860

    For Lease
    $1,600 /Mo ($0.64 SF/Yr)

    Commercial - Andover Twp., NJ

    Lot size:
    0.69 Acres
    Days on Market:
    183
    Last Refresh:
    Dec 5 at 6:06 pm

    Property Features for 692 Us Highway 206

    General Information

    Property type
    Commercial Lease
    Property subtype
    Other
    Standard status
    Active
    Zoning
    Mixed
    Parking features
    Parking Lot
    Lot size
    0.69 Acres

    Building Details

    Flooring type
    Carpet, Tile
    Architectural style
    Other

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

    Listing agent MARY SMITH (973) 729-2700

    Listing date Jun 6, 2025

    MLS# 3966965 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

    Route 206 Commercial Building

    This commercial building is located in Andover Township, NJ, on a 0.69-acre lot with high visibility on busy Route 206. The property features signage and parking. The current tenant will be relocating.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial land

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Newton
    County
    Sussex
    State
    New Jersey
    Longitude
    -74.75472
    Latitude
    41.00537

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    FAQs

    What type of property is this?
    Commercial land - Commercial building with high visibility, signage, and parking on Route 206.
    Where is this commercial land located?
    The property is located at 692 Us Highway 206 Newton, NJ.
    What is the lease rate?
    The lease rate is $0.64 SF/Yr.
    What are key features of this property?
    This property features: - High visibility location on busy Route 206; - Free-standing commercial building; - Great signage
    (973) 729-2700
    Request Owner's contact information
    692 Us Highway 206 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
    692 Us Highway 206 Newton, NJ 07860
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