Mixed-Use Corner
236 Spring St Newton, NJ 07860
236 Spring St, Newton, NJ, 07860
Contact for pricing
For Sale
Contact for pricing
Fully rented four-building mixed-use offering with 14 apartment units, six retail spaces, and approximately 45 parking spaces.
Lot Size0.80 Acres
Days on Market103
Property Features for 236 Spring St
General Information
- Standard status
- Active
- Lot size
- 0.80 Acres
- Property subtype
- Multifamily
Listing agency
Fairclough Realtors
(973) 726-7800
Listed by
Marc Weitz · License #NJ
Source
Crexi
Added: Apr 11 Updated: Jul 21 at 7:27PM Checked: Jul 21 at 7:27PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Fairclough Realtors
Investment Insights
Based on property information with market context.
This mixed-use, fully rented offering consists of four buildings on two adjacent lots at the corner of Spring St and Madison. The property totals 20 units, including 14 one- and two-bedroom apartment units, along with six fully leased retail spaces. Retail is leased to four tenants with approximately 2–3 years remaining on each lease.
The buildings include 236 Spring St with 10 apartment units and 238–240 Spring St with four fully leased retail spaces plus four large two-bedroom apartments. The property features large parking areas with a combined capacity of approximately 45 spaces and is located on a hard corner stop light, providing prominent street access in the town center.
Additional apartment rents are described as under market, and the area is noted as continuing to see increasing demand with limited apartment inventory. The offering is presented for investors seeking cash flow with potential for upside. For further details on income and expenses, the listing directs interested parties to email Marc.
The buildings include 236 Spring St with 10 apartment units and 238–240 Spring St with four fully leased retail spaces plus four large two-bedroom apartments. The property features large parking areas with a combined capacity of approximately 45 spaces and is located on a hard corner stop light, providing prominent street access in the town center.
Additional apartment rents are described as under market, and the area is noted as continuing to see increasing demand with limited apartment inventory. The offering is presented for investors seeking cash flow with potential for upside. For further details on income and expenses, the listing directs interested parties to email Marc.
Key Highlights
- 20‑unit fully rented mixed‑use property on a 0.8‑acre corner parcel with four buildings on two adjacent lots
- Includes 14 apartment units (mix of 1- and 2‑bedroom) and 6 fully rented retail spaces
- Retail leased to four tenants with approximately 2–3 years remaining on leases
Property Analytics
Location Intelligence
Current Use by Public Records
Storefront properties
Similar For Sale Nearby
FAQs
What type of property is this?
Apartment building - Fully rented four-building mixed-use offering with 14 apartment units, six retail spaces, and approximately 45 parking spaces.
Where is this apartment building located?
The property is located at 236 Spring St Newton, NJ.
What are key features of this property?
This property features: 20‑unit fully rented mixed‑use property on a 0.8‑acre corner parcel with four buildings on two adjacent lots; Includes 14 apartment units (mix of 1- and 2‑bedroom) and 6 fully rented retail spaces; Retail leased to four tenants with approximately 2–3 years remaining on leases
