917 Main St Newton, NJ 07860

Property Details for 917 Main St

Year built

1835

Construction

FRAME

Lot size

0.54 lot acres

Zone code

C

Property type

Commercial real estate

APN

20 03204-0000-00008

APU

2003204000000008

Description

This versatile commercial property at 917 MAIN ST, Newton, NJ, presents a significant income-generating opportunity. The 0.55-acre lot features a two-unit building, offering substantial rental potential. The ground floor unit is a two-bedroom, one-bathroom apartment with basement access, readily adaptable for use as a storefront or business location. The upper unit mirrors the lower unit's bedroom and bathroom configuration, also boasting a walk-up attic with potential for expansion and additional living space. An oversized garage provides ample storage or parking space, complemented by a loft area for extra storage. The property benefits from abundant parking. Recent upgrades significantly enhance the property's value and appeal. These include a new septic system (installed two years ago), fresh interior paint throughout, new flooring in the first-floor apartment, and a new water softening system (installed one year ago). This property is ideally suited for an investor seeking a strong return or a business owner looking for a combined living and commercial space. The property is listed as both residential and multi-family.