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    3 Hillside Ter Newton, NJ 07860

    Sponsored
    For Sale
    Contact for pricing

    Two Detached Garages - Lease Available

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    338
    This exceptional opportunity presents two detached garages for lease, ideally situated in Newton, New Jersey, on a 1.68-acre lot at 3 Hillside Terrace. The garages offer ample storage space, perfect for vehicles, equipment, or recreational items. Their convenient location provides easy access to Route 206, ensuring seamless commutes and travel. The property's prime location makes it an attractive option for both short-term and long-term lease arrangements. Each garage is available for a monthly lease of $250. The property is being offered as a lease-only opportunity

    Property Features for 3 Hillside Ter

    General Information

    Property type
    Other commercial real estate
    Lot Size
    73,181 SF

    Building Details

    Year Built
    1960
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Law Firm Restaurant Spa & Massage Dental Office Clothing Store Nail Salon Food Market Gym & Fitness Skin Care Clinic Pharmacy

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

    Location Insight

    • Map
    • Local Demand
    City
    Newton
    County
    Sussex
    State
    New Jersey
    Longitude
    -74.75745
    Latitude
    41.0622

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    FAQs

    What type of property is this?
    Commercial real estate - Two Detached Garages - Lease Available
    Where is this commercial real estate located?
    The property is located at 3 Hillside Ter Newton, NJ.
    What is the asking price?
    The asking price for this property is $195.
    (973) 729-7141
    Request Owner's contact information
    3 Hillside Ter 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
    3 Hillside Ter Newton, NJ 07860
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