You're browsing as guest. Top-line numbers are free. Full reports — owner contacts, refine, methodology — are paid. Guest mode. Top-line is free.
Back to Search
Property profile & analytics
OFF-MARKET Estimated value $195,000
Commercial real estate

124 Spg St Newton, NJ 07860-2009

8,937 SF 0.05 ac lot Built 1880
Entity Owned 7-yr Hold Free & Clear
Property ID
US59-2826248
Property profile
Verified
Property type Commercial real estate
Use group COMMERCIAL (GENERAL)
Year built 1880
Construction BRICK
Total area 8,937 SF
Lot 0.05 ac (2,222 SF)
Zoning code T-6
APN 15 00008- 08-00022
UPID US59-2826248
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$634k
Blend (final) Blend
$195k
Owner & transaction history
124 Spring Street LLC · 7 yrs held
124 Spring Street LLC
since 2018
7 recorded transactions
2018
Price N/A
2018
$700,000
2014
Price N/A
2013
$50,000
2011
Price N/A
2007
Price N/A
2004
$315,000
Zoning & alternative use
T-6 · Newton, NJ
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description

T-6 - Town Core. The T-6 Transect is a higher density, mixed and multiple use downtown area. This area provides for the majority of retail and commercial uses within the Town and should be identified as the Central Business District within the Town. This area has residential and office uses over the commercial uses to support day and evening uses in the down…

Zone name Town Core
General category COMMERCIAL
Zone area 26.99 ac
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 124 Spg St?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message