Exceptional commercial property located in the heart of booming downtown Newton, within the desirable T5 zoning district. Situated on over half an acre, the property offers a large, 37 space dedicated parking lot - one of the largest in the town of Newton and excellent potential for future apartment or mixed-use development, subject to zoning and municipal approvals.The meticulously maintained, turnkey building is currently utilized as office space with an active lease/sublease, providing an opportunity to generate income while exploring its long-term development potential. The property has been thoughtfully maintained and is ready for immediate continued use.Located within walking distance of downtown Newton, this property offers convenient access to local shops, restaurants, services, and community amenities.Whether you are looking to redevelop, expand, or hold as an income-producing investment, this property offers numerous possibilities in a growing and highly desirable location.
29 Trinity St, Newton Town NJ 07860-1845
Property City
Newton Town
Property Price
$1,400,000
Year Built
1970
Tax Annual Amount
$22214
TaxYear (*text)
2025
Roof (*text)
Metal
Lot Size Area
0.61
MLS Status
Active
MLS #
4053997
Yearly Tax Rate
2.662
Year Built (*numeric)
1970
Basement
Yes
Roofing (*text)
Metal
Days On Market
0
Basement (*text)
Yes
Cooling (*text)
2 Units, Central Air
Heating
1 Unit, Multi-Zone
Lot Size Dimensions
0.611 AC
Data import from
GSMLS