Coming Soon
4 beds
246 Spring St, Newton, NJ 07860
Est: $2,856/moGet pre-approved
Multi FamilyProperty Type
0.06 acresLot Size
1900Year Built
2 carsParking Spaces

Description

Great multi-family home conveniently located within walking distance of downtown and shopping. Perfect for buyers looking to live in one unit and rent the other, or for investors seeking a great income-producing property. The first-floor unit features an open rocking-chair front porch, a charming living room with original turn-of-the-century character, 2 bedrooms, kitchen, and separate dining area. The second-floor unit offers two bedrooms plus a den, private balcony, living room, kitchen, and dining...Great multi-family home conveniently located within walking distance of downtown and shopping. Perfect for buyers looking to live in one unit and rent the other, or for investors seeking a great income-producing property. The first-floor unit features an open rocking-chair front porch, a charming living room with original turn-of-the-century character, 2 bedrooms, kitchen, and separate dining area. The second-floor unit offers two bedrooms plus a den, private balcony, living room, kitchen, and dining area, as well as a huge attic space.
  • Listed by: MAYA A. LOPEZ • TURPIN REAL ESTATE, INC.
Last updated: 09/23/2026 09:15 AM • Source: GSMLS Back Office, MLS#: 4054552

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Location

Listing Courtesy of TURPIN REAL ESTATE, INC., MAYA A. LOPEZ
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Payment Calculator

$2,856 per month

30 year fixed, 6.71% Interest

Principal and Interest

$2,170

Property Taxes

$686

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

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Property Information for 246 Spring Street

Property Details
  • Taxes: $8,228 / year
  • MLS Type: Multi Family / 2-Two Story
  • Directions: 206 to Spring Street
  • Days On Market: 0
Building Information
  • Residences: 2
  • Year Built: 1900
  • Lot Size: 0.06 AC / 2,613 SF
Summary
Location and General Information
  • Address Included: Y
  • County #: Sussex
  • Town Name: Newton Town
  • Block Identifier: 14.06
  • Listing Type: Exclusive Right to Sell
  • Town #: 2817.0
  • Street # Display: 246.0
  • # Parking Spaces: 2
  • County Or Parish: Sussex
  • Street Name: Spring St
  • Zip Code: 07860-2115
  • Total Units: 2
Taxes and HOA Information
  • Assess Total Tax: *
  • Assess Amt Land Tax: *
  • Assess Amt Bldg Tax: *
  • Block ID Tax: *
  • Acres Tax: *
  • County Tax: *
  • Tax Amount: $8,228
  • Street name Tax: *
  • Zip Code Tax: *
  • Street # Tax: *
  • City Tax: *
  • Tax Amount Tax: *
  • Assessment Total: 326400.0
  • Tax ID For Property: 2815-00014-0006-00007-0000-
  • Tax Rate Amount: $3
  • Tax Rate Tax: *
  • Tax Rate Year: 2025
  • Tax Year: 2025
  • Tax Year Tax: *
  • Lot ID Tax: *
  • Lot Size Tax: *
Parking
  • Parking/Driveway Description: 1 Car Width, Blacktop, Driveway-Shared
Property
Lot Information
  • Lot Identifier: 7
  • Approximate Lot Size: 00000.061 AC.
  • Total Acres: 0.06
  • Construction Date/Year Built: 1900
  • Construction Date/Year Built Des: Approximate
Property and Assessments
  • Assessment Bldg: 262200.0
  • Assessment Land: 64200.0
Utilities
  • Cooling: No Cool
  • Utilities: Gas In Street
  • Water: Public Water
  • Heating: Radiant - Hot Water, Radiators - Hot Water
  • Fuel Type: Gas-Natural
  • Sewer: Public Sewer
Interior and Exterior Features
Exterior Features
  • Exterior Description: Vinyl Siding
Interior Features
  • Roof Description: Asphalt Shingle
  • Basement: Yes
  • Basement Description: Crawl Space
  • Easement Desc: Shared Drivew
  • Easement: Yes
Multi Family
Unit 1 Information
  • Unit 1 Appl/Equip: CarbMDet, CookGas, KitExhFn
  • Unit 1 Baths: 1.0
  • Unit 1 Bedrooms: 2
  • Unit 1 Fireplaces: 0.0
  • Unit 1 Handicap Modified: No
  • Unit 1 Levels: 1.0
  • Unit 1 Owner/Tenant Pays: Owner Pays Water, Tenant Pays Electric, Tenant Pays Gas
  • Unit 1 Rent: 1700.0
  • Unit 1 Room Description: Bedrooms, Family Room, Kitchen, Porch
  • Unit 1 Rooms: 5.0
  • Unit 1 Security Deposit: 1700.0
  • Unit 1 Sq Ft: 1000.0
Unit 2 Information
  • Unit 2 Appl/Equip: CarbMDet, CookGas, KitExhFn
  • Unit 2 Baths: 1.0
  • Unit 2 Bedrooms: 2
  • Unit 2 Fireplaces: 0.0
  • Unit 2 Handicap Modified: No
  • Unit 2 Levels: 2.0
  • Unit 2 Owner/Tenant Pays: Owner Pays Water, Tenant Pays Electric, Tenant Pays Gas
  • Unit 2 Rent: 1650.0
  • Unit 2 Room Description: Attic, Bedrooms, Family Room, Kitchen
  • Unit 2 Rooms: 5.0
  • Unit 2 Security Deposit: 1650.0
  • Unit 2 Sq Ft: 1000.0
Multi-Family Information
  • Unit Style: 2-Two Story
Income & Expenses Information
  • Total Operating Expense: $11,941.00
  • Expenses Include: Garbage Collection, Hot & Cold Water, Insurance, Taxes
  • Net Operating Income: $28,259.00
  • Gross Operating Income: $40,200.00

Property History for 246 Spring Street

DateEvent & SourcePriceAppreciation
Feb 14, 2022

Temporarily Off Market

GSMLS #3663079

Jun 13, 2021

Off Market

GSMLS #3663079

Sep 10, 2020

Listed (Active)

GSMLS #3663079

$199,000
DateEvent & SourcePrice
02/14/2022

Temporarily Off Market

GSMLS #3663079

06/13/2021

Off Market

GSMLS #3663079

09/10/2020

Listed (Active)

GSMLS #3663079

$199,000

For completeness, we often displays two records for one sale: the MLS record and the public record.

Public Records for 246 Spring Street

Taxable ValueLand$64,200Additions$262,200Total$326,400
Tax Record2025$8,228 ($686 / month)
Home Facts
Beds0Total Finished SqFt1,656 SqFtAbove Grade Finished SqFt1,656 SqFtStories2Lot Size2,657 SqFtStyleSingle Family ResidenceYear Built1880Year Renovated1986ZoningT-5CountySUSSEXAPN15-00014-06-00007

Schools near 246 Spring Street

This home is within Newton Public School District.
Rating
School
Type
Grades
Distance
Public - PK to 4
Public - 5 to 8
Public - 9 to 12
Private - K to 8
Rating
School
Distance
Merriam Avenue Elementary School
PublicPK to 4

Halsted Street Middle School
Public5 to 8

Newton High School
Public9 to 12

St Joseph Regional School
PrivateK to 8

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

246 Spring Street is a multi-family home Coming Soon in Newton, NJ 07860. This property is currently priced at $420,000. This listing's school district is Newton Public School District. Nearby schools include Merriam Avenue Elementary School, Halsted Street Middle School and Newton High School. 246 Spring Street is a 4-bed, 2-bath multi-family home built in 1900.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of any information, descriptions or measurements (including square footage measurements and property condition), such should be independently verified through appropriate means, including, but not limited to, in person inspection and public records, and Compass International Holdings, its subsidiaries, affiliates and independently owned and operated franchisees, and their affiliated agents and associated third parties expressly disclaim any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the seller's discretion. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of TURPIN REAL ESTATE, INC., MAYA A. LOPEZ

The data relating to the real estate for sale on this website comes in part from the Internet Data Exchange Program of the NJMLS. Real estate listings held by brokerage firms other than (insert office name) aremarked with the Internet Data Exchange logo and information about them includes the name of the listing brokers. Some properties listed with the participating brokers do not appear on this website at the request of the seller. Listings of brokers that do not participate in Internet Data Exchange do not appear on this website. All information deemed reliable but not guaranteed. Last date updated: 09/23/2026 10:15 AM. Source: New Jersey Multiple Listing Service, Inc. © 2026 New Jersey Multiple Listing Service, Inc. All rights. The data relating to the real estate for sale and sold listing information on this website comes from the New Jersey Multiple Listing Service, Inc. Virtual Office Website (VOW) program. This website may not include listings or property addresses of sellers who have directed their listing brokers to withhold their listing or their property address from display on the Internet. Sold listings may have been listed and/or sold by a real estate brokerage other than (insert office name). All information deemed reliable but not guaranteed. NLMLS makes no representation or warranty regarding the accuracy of the data. This data and information is protected under federal copyright laws which prohibit the unauthorized copying or alternation of all or any part of copyrighted materials, including certain compilations of data and information. Copyright violators may be subject to severe fines and penalties under federal law. Source: New Jersey Multiple Listing Service Inc. Last date updated: 09/23/2026 10:15 AM © 2026 New Jersey Multiple Listing Service Inc. All rights reserved.