Building Details

Buildings 2

Listing Agency: Fairclough Realtors

Listed By: Brian Fairclough · License #NJ 1430225

Source: Crexi

Added: Apr 11 Changed: Sep 2 Last Checked: Sep 2 at 8:00AM

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Investment Insights

Based on property information with market context.

This office property at 122 Main St comprises two buildings and includes a 25-car parking lot. The buildings are served by natural gas heat and connected to town water and sewer systems.

Residential conversion has been approved under the applicable zoning, providing an established path for a permitted change in use. The property is located in Newton, NJ 07860.

Key Highlights

• Two office buildings at 122 Main St
• 25‑car parking lot
• Residential conversion approved per zoning

Property Analytics

Property Profile

Current Use

Office buildings

Suggested Use

Top Pick Real Estate Agency (Bike/Boat/Book/etc) Store Storage Facility Locksmith Grocery & Convenience Store Bakery

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Yes

Utilities to site

Location Intelligence

Trade Area within ½ mile

1,197

Businesses Nearby

Explore this area Business Placement

Demographics for 07860, NJ

25,704

Population

11,473

Households

2.2

Avg Household Size

46

Median Age

40%

College-Educated

95%

High-School Grad

100.2 sq mi

ZIP Area

257

Density / Sq Mi

$104,113

Median Household Income

$53,509

Median Earnings

$1,437

Median Rent

$336,600

Median Home Value

Market

Vacancy Rate% for Office in Northeast region

13.1% 2019

15.4% 2020

17.6% 2021

19.1% 2022

20.2% 2023

20.9% 2024

19.9% 2025

Questions? Ask Rey

Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

What type of property is this? Where is this office buildings located? What is the asking price? Find similar properties What are key features of this property?

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Frequently Asked Questions

What type of property is this?

Office building - Office property with approved residential conversion zoning, natural gas heat, and municipal water and sewer connections.

Where is this office building located?

The property is located at 122 Main St Newton, NJ.

What are key features of this property?

This property features: Two office buildings at 122 Main St; 25‑car parking lot; Residential conversion approved per zoning