46-48 Water St 48 Newton, NJ 07860-1419
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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2022Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
T-5 · Newton, NJNewton. Always verify with local authorities before improvements.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.