46-48 Water St, Unit 48, Newton, NJ 07860-1419
- Commercial real estate
- 9,680 SF
- 0.45 lot acres
Current Use by Public Records
- Commercial real estate
Property Details for 46-48 Water St
- Year built
- 1953
- Construction
- TYPE NOT SPECIFIED
- Lot size
- 0.45 lot acres
- Zone code
- T-5
- Property type
- Commercial real estate
- APN
- 15 00005- 05-00021
- APU
- 15000050500021
Sales History
| Date | Price | Buyer | Seller | Deed Type | Mortgage |
|---|---|---|---|---|---|
| Jan 10, 2025 | $950,000 | Water Street Realty LLC | Triple M Realty LLC | Deed | $950k · Daniel S Gordon Etal |
| Mar 2, 2017 | — | Triple M Realty LLC | — | Deed · related | $500k · Lakeland Bk |
| Nov 5, 2003 | $140,000 | Triple M Realty LLC | Walker,john & Ella M | Grant Deed | — |
| — | — | John E Walker | — | Deed Of Trust · related | $80k · Lakeland Bank |
| — | — | Triple M Realty LLC | — | Deed Of Trust · related | $100k · Lakeland Bank |
| — | — | Triple M Realty LLC | — | Deed Of Trust · related | $115k · Michael Mongulla |
| — | — | Triple M Realty LLC | — | Deed Of Trust · related | $310k · Interchange Bank |
| — | — | Triple M Realty LLC | — | Deed Of Trust · related | $30k · Lakeland Bank |
| — | — | Triple M Realty LLC | — | Deed Of Trust · related | $250k · Lakeland Bank |
| — | — | Triple M Realty LLC | — | Deed Of Trust · related | $500k · Lakeland Bk |
| — | — | Triple M Realty LLC | — | Deed Of Trust · related | $200k · Lakeland Bank |
| — | — | Triple M Realty LLC | — | Deed Of Trust · related | $250k · Lakeland Bank |
| — | — | Triple M Realty LLC | — | Deed Of Trust · related | $250k · Lakeland Bank |
| — | — | Triple M Realty LLC | — | Deed Of Trust · related | $150k · Lakeland Bank |
| — | — | Triple M Realty LLC | — | Deed Of Trust · related | $300k · Lakeland Bank |
Description
This exceptional commercial property, located at 46-48 Water Street in the vibrant town of Newton, New Jersey, presents a fantastic opportunity for businesses seeking a well-maintained and conveniently situated office space. Boasting a generous 11,860 square feet of interior space, this property is ideal for a variety of commercial uses. The building has undergone recent renovations, ensuring a modern and functional workspace for its occupants. A key feature is the inclusion of two private bathrooms, providing ample convenience and privacy for employees and clients. Furthermore, significant storage space is available throughout the building, addressing the needs of businesses requiring substantial storage capacity. The property sits on a sizable 0.45-acre lot, offering potential for expansion or outdoor amenities. The asking price for this prime commercial real estate is $3,000. This represents an excellent investment opportunity in a thriving New Jersey town. The location in the heart of Newton provides easy access to local amenities, transportation routes, and a strong workforce. This property is ready for immediate occupancy and offers a unique blend of modern amenities and a desirable location. Serious inquiries are encouraged to explore this exceptional commercial property further. Don't miss this chance to secure a well-appointed and strategically located office space in Newton, NJ.
Value Estimations
-
AI approach
- Method
- Estimation
- Statistic approach
- $885,000
- ML approach
- $905,000
-
Comparable approach
- Method
- Estimation
- Statistic Estimate
- $686,000
Market price range: $686k - $1.63M -
Alternative Use
- Use
- Estimation
- COMMERCIAL (GENERAL)
- $1,080,000 Current use
- INDUSTRIAL (GENERAL)
- $920,000 Change: -15% Conversion: Moderate
Get a detailed, property-specific estimation — fast and free
Location Insight
- Map
- Local Demand
- City
- Newton
- County
- Sussex
- State
- New Jersey
- Longitude
- -74.7526
- Latitude
- 41.0605
- CBSA code
- 35620
- CBSA name
- NEW YORK-NORTHERN NEW JERSEY-LONG ISLAND, NY-NJ-PA METROPOLITAN STATISTICAL AREA
