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Property profile

219 Spg St Newton, NJ 07860

OFF-MARKET
Commercial real estate
Property ID
US59-0886808
4,444 SF 0.09 ac lot Built 1900
Last sale Dec 2024 · $300,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 1-yr Hold Held for 1 years. Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

This bank-owned foreclosure presents a unique redevelopment opportunity in the heart of downtown Newton, New Jersey. The 4,444 square foot mixed-use storefront property, located at 219 Spring Street (zip code 07860), is situated on a 0.09-acre lot and boasts a desirable T-6 Comm zoning designation. Built in 1900, the three-story building is currently vacant and offers high ceilings and an open floor plan, ideal for customization. The storefront features three levels, including a walk-out…

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2022

What does the county charge?
$15k
Tax billed · 2022
Assessed value · 2023$338k
Assessed land$89k
Assessed improvement$249k
Effective rate4.51%

Value estimate

· Nov 2026
$265k
$239k – $292k
AI approach$230k

Realmo valuation models over county records and 32 qualifying comparable sales.

Recently sold

What actually traded nearby?
$112/SF
ZIP average, outlier-cleaned · 67 recorded sales of this use type
Observed band · Q1–Q3$71 – $169
Qualifying comparables32

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

What can be built here?
T-6
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 retai...
General categoryCOMMERCIAL
JurisdictionSUSSEX

Location intelligence

Which uses thrive at this corner?
Best fit: Tailor Shop
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Tailor Shop9.1
Locksmith8.9
Storage Facility8.7

Location

219 Spg St Newton, NJ 07860-2075
County assessor Recorded deeds · 4 transfers 32 qualifying comp sales Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 6 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
196 Spg, Newton, NJ 07860-2073 $1,483,200 Jan 2026 4,468 SF
60 Stickles Pond, Newton, NJ 07860-2780 $1,000,000 Jun 2025 4,560 SF
270 Spg, Newton, NJ 07860-2116 $500,000 Jan 2025 2,964 SF
911 Main, Newton, NJ 07860 $795,000 Jan 2025 3,132 SF
15 Trinity, Newton, NJ 07860-1814 $1,000,000 Nov 2024 6,144 SF
4 Hampton, Newton, NJ 07860-2227 $424,660 Oct 2024 3,200 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
Research This Page with AI

Rey answers here. ChatGPT, Grok and Claude get the same data packet.

Includes: Price & PSF · Cap rate · Location · Zoning

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