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Property profile

291 Spg St Newton, NJ 07860

OFF-MARKET
Other commercial real estate
Property ID
US59-3046879
0.25 ac lot Built 1882
Last sale Oct 2025 · $150,000
Entity Owned Owner of record is a legal entity (LLC / corporation). Absentee Owner Owner mailing address differs from the property address. Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

A stand-alone commercial building of approximately 8,000 square feet configured for storage and garage use, divided into 4 garage bays and 9 additional storage units for rental. The building is designed to support multiple small-bay/storage tenancy arrangements and has historically been operated with high occupancy, with leases structured on a month-to-month basis.

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?
$11k
Tax billed · 2022
Assessed value · 2023$236k
Assessed land$67k
Assessed improvement$168k
Effective rate4.51%

Value estimate

· Oct 2026
$265k
$239k – $292k

Realmo valuation models over county records.

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

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-3
A rural and suburban thoroughfare of high vehicular speed and capacity. This type is allocated to the more rural transect zones (T-1, T-2...
General categoryCOMMERCIAL
JurisdictionSUSSEX

Location intelligence

Which uses thrive at this corner?
Best fit: Realty agency
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Realty agency9.6
Tailor Shop9.2
Storage Facility8.9

Location

291 Spg St Newton, NJ 07860-2118
County assessor Recorded deeds · 2 transfers Qualifying comp sales · not on file 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
36 Clinton, Newton, NJ 07860-1821 $140,000 Feb 2026 2,877 SF
1055-1057 Rt 521, Newton, NJ 07860 $480,000 Jan 2026 1,116 SF
59 Trinity, Newton, NJ 07860-2242 $200,000 Jan 2026 7,055 SF
196 Spg, Newton, NJ 07860-2073 $1,483,200 Jan 2026 4,468 SF
293 Us Hwy 206th S, Newton, NJ 07860 $384,000 Oct 2025 29,849 SF
61 Water, Newton, NJ 07860-1414 $375,000 Sep 2025 1,305 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
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