132 Spring St, Newton Town, NJ 07860
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Thomas "Chopper" Russo

Thomas "Chopper" Russo

+1(201) 240-5200
$ 550,000
Est. payment | /mo

5,767 SqFt

Save
$ 550,000
Est. payment | /mo
Save

5,767 SqFt

Key Details

Property Type Single Family Home

Listing Status Active

Purchase Type For Sale

Square Footage 5,767 sqft

Price per Sqft $95

Subdivision Downtown

MLS Listing ID 4055728

Year Built 1938

Annual Tax Amount $5,192

Tax Year 2024

Lot Size 3,049 Sqft

Property Description

Prime Downtown Newton Redevelopment Opportunity. Exceptional investment and development opportunity in the heart of thriving downtown Newton, the County Seat. Prominently located on desirable Spring Street, this commercial building is ready for a complete rehabilitation, offering a rare chance to reimagine a cornerstone property in one of Northwest New Jersey's most active and walkable business districts. Surrounded by established restaurants, boutiques, professional offices, the courthouse, and in close proximity to Sussex County Community College property, this location benefits from steady foot traffic and strong community presence. Ideal for mixed-use transformation, the property lends itself to a dynamic redevelopment concept featuring three street-level retail spaces with residential apartments on the upper floors (subject to approvals), creating an attractive blend of commercial vitality and residential demand in the downtown core. Whether you're an investor, developer, or business owner seeking a signature downtown presence, this is a blank canvas with substantial upside potential. The included conceptual rendering reflects one vision for honoring the historic character of the site while maximizing modern commercial and residential appeal through thoughtfully designed upper-level apartments positioned above vibrant ground-floor retail. Property requires total rehabilitation. Buyer responsible for all due diligence, inspections, zoning verification, and approvals.

Location

State NJ

County Sussex

Zoning T-6

Rooms

Basement Unfinished

Interior

Heating See Remarks

Cooling See Remarks

Equipment See Remarks

Heat Source See Remarks

Exterior

Exterior Feature See Remarks

Utilities Available See Remarks

Roof Type See Remarks

Garage No

Building

Story 1

Sewer See Remarks

Water See Remarks

Others

Ownership Fee Simple

Garden State MLS(GSMLS)
Information deemed reliable but not guaranteed. Copyright © 2026 Garden State Multiple Listing Service, L.L.C. All rights reserved.
Listed by WEICHERT REALTORS
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Thomas "Chopper" Russo

Thomas "Chopper" Russo

Broker Associate

+1(201) 240-5200

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132 Spring St

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