466 Rt 206Newton, NJ 07860

Property Details for 466 Rt 206

Year built

1950

Lot size

4.42 AC

Property size (Sq ft)

3,839 SF

Property type

Other commercial real estate

Description

This exceptional commercial property in Newton, NJ, presents a rare investment opportunity. Situated on a 4.42-acre parcel with prominent highway frontage on Route 206, this offering includes four existing buildings. Currently, the property comprises a two-unit multi-family dwelling, two income-producing commercial spaces, and a storage shed. The strategic location near a busy intersection ensures high visibility and significant traffic exposure, making it ideal for a variety of commercial uses. The substantial 4.42-acre lot offers significant potential for expansion. The existing land could accommodate the construction of a second residential structure and/or an additional storage shed, potentially increasing the building count to six or seven. The property's value is further enhanced by its proximity to the soon-to-open Andover train station, providing convenient access to New York City. This prime location in Sussex County, combined with the existing income-generating properties and the potential for future development, makes this a truly exceptional investment opportunity with significant long-term growth potential. The property totals 3,839 square feet of existing building space.

Location Insight

City

Newton

County

Sussex

State

New Jersey

Latitude

41.0215

Longitude

-74.7697

FAQs

How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?

Please email our support team at support@realmo.com and they will add the team member.

How do I access a private listing?

Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.

How can I contact the broker?

We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.

How do I unsubscribe from emails?

At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at support@realmo.com.