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83 Spring St
Newton, NJ 07860

$351,000 - $1,064,000 USD

Office Condos For Sale • 3,000+ SF

Property Details

Property Type Office
Total Building Size 66,900 SF
Lot Size 1.87 AC
Building Class B
Year Built 1985
Tenancy Multiple
Zoning C-2

0 Transit Score

88 Walk Score

3 Units Available

Name	Condo Use	Size	Price
1st Floor - Unit 101	Office	4,500 SF	$435,000 USD
Unit Size: 4,500 SF Condo Use: Office Price: $435,000 USD Sale Type: Investment Price/SF: $96.67 USD
3rd Floor - Unit 302	Office	3,000 SF	$351,000 USD
Unit Size: 3,000 SF Condo Use: Office Price: $351,000 USD Sale Type: Investment Price/SF: $117.00 USD
3rd Floor - Unit 303	Office	6,500 SF	$1,064,000 USD
Unit Size: 6,500 SF Condo Use: Office Price: $1,064,000 USD Sale Type: Investment Price/SF: $163.69 USD

Description

Three (3) professional condominiums with long term tenants including Medical/Local Government.  Excellent condition.  Blended cap rate of 7.82% at asking price.

Amenities

Natural Light

Brian Fairclough 973-580-9123 Fairclough Realtors

83 Spring St Newton, NJ 07860