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    86 Main St Newton, NJ 07860

    For Sale
    Contact for pricing

    Large Garage, Great Location, Storage Ideal

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    314
    This exceptional commercial property, located at 86 Main Street in the heart of Newton, NJ, presents a fantastic opportunity for businesses seeking ample storage or workshop space. The property encompasses a substantial garage, featuring a separate side door for convenient access and loading/unloading. Its prime downtown Newton location offers excellent visibility and accessibility, making it an ideal choice for a variety of commercial uses. The 0.08-acre lot provides sufficient space for maneuvering and potential expansion. The garage is available for immediate occupancy. This is a rare opportunity to secure a well-situated commercial space in a thriving downtown area. The asking price is $225,000. Serious inquiries are encouraged to explore this promising investment. The property's size is not specified, but its substantial nature is evident from the description. Its central location in Newton's downtown core offers significant advantages for businesses seeking high visibility and convenient access to local amenities and transportation routes. The separate side door adds to the property's functionality and practicality. Don't miss this chance to acquire a valuable commercial asset in a desirable location.

    Property Features for 86 Main St

    General Information

    Property type
    Other commercial real estate
    Lot Size
    3,485 SF

    Building Details

    Year Built
    1920
    Location Intelligence

    Current Use by Public Records

    Commercial real estate

    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
    -74.75443
    Latitude
    41.05655

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    FAQs

    What type of property is this?
    Commercial real estate - Large Garage, Great Location, Storage Ideal
    Where is this commercial real estate located?
    The property is located at 86 Main St Newton, NJ.
    What is the asking price?
    The asking price for this property is $225.
    (973) 729-7141
    Request Owner's contact information
    86 Main 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
    86 Main St Newton, NJ 07860
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