7 Cherry St

162,478 / 3.73
Lot Size / Acres

Description

Prime 3.73-Acre Development Opportunity in the Heart of Newton, NJ. Discover the potential of this rare 3.73-acre wooded parcel ideally located within walking distance to vibrant Spring Street in historic Newton, New Jersey. Zoned for cluster development, this unique property offers the opportunity to build up to three single-family homes. Perfect for developers, investors, or anyone looking to create a private residential enclave just steps from the town's dynamic center. Nestled among mature trees...Prime 3.73-Acre Development Opportunity in the Heart of Newton, NJ. Discover the potential of this rare 3.73-acre wooded parcel ideally located within walking distance to vibrant Spring Street in historic Newton, New Jersey. Zoned for cluster development, this unique property offers the opportunity to build up to three single-family homes. Perfect for developers, investors, or anyone looking to create a private residential enclave just steps from the town's dynamic center. Nestled among mature trees and natural beauty, the property offers privacy and tranquility while remaining incredibly accessible. Enjoy close proximity to a wide range of local amenities, including boutique shopping, diverse dining options, and the renowned Newton Theatre, a cultural landmark known for live music, comedy, and performing arts. Whether you're envisioning a charming trio of custom homes or a small community tucked into nature with urban conveniences, this parcel offers the best of both worlds. Don't miss this exceptional opportunity to invest in one of Sussex County's most desirable walkable neighborhoods.
  1. Listed by THOMAS PETERSON • RE/MAX PLATINUM GROUP

Property Details for 7 Cherry Street

Directions
Newton Sparta Rd to Diller Ave in NewtonTake Trinity St to Mill St Continue onto Mill St. Left on Harrison ST Right on Cherry St
Days On Market
195
LISTING UPDATED: 12/08/2025 04:03 PM

Property Details for 7 Cherry Street

StatusActive
MLS #3965375
Days on Market259
Taxes$14,297 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeLand
MLS TypeLots And Land
Year Built-
Lot Size3.73 AC
CountySussex County

Location

Listing Courtesy of RE/MAX PLATINUM GROUP, THOMAS PETERSON
Add your commute

Building Information for 7 Cherry Street

Lot Size3.73 AC

Payment Calculator

$2,044 per month

30 year fixed, 6.15% Interest

Principal and Interest

$853

Property Taxes

$1,191

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 7 Cherry Street

Summary
Location and General Information
  • Zoning: T2
  • Address Included: Y
  • Middle/Jr High School: HALSTED ST
  • Grade School: MERRIAM AV
  • High School: NEWTON
  • Active Days on Market: 195
  • County #: Sussex
  • Town Name: Newton Town
  • Block Identifier: 5.04
  • Listing Type: Exclusive Right to Sell
  • Town #: 2817.0
  • Street # Display: 7.0
  • Location: Rural Lot
  • County Or Parish: Sussex
  • Street Name: Cherry St
  • Zip Code: 07860-1310
Taxes and HOA Information
  • Block ID Tax: *
  • Acres Tax: *
  • County Tax: *
  • Tax Amount: $14,297
  • Street name Tax: *
  • Zip Code Tax: *
  • City Tax: *
  • Tax Amount Tax: *
  • Assessment Total: 524300.0
  • Tax ID For Property: 2815-00005-0004-00005-0000-
  • Tax Id Tax: *
  • Tax Rate Amount: $3
  • Tax Rate Tax: *
  • Tax Rate Year: 2024
  • Tax Year: 2024
  • Tax Year Tax: *
  • Lot ID Tax: *
  • Lot Size Tax: *
Property
Lot Information
  • Lot Description: Level Lot, Possible Subdivision, Wooded Lot
  • Lot Identifier: 5
  • Approximate Lot Size: 3.728 AC
  • Total Acres: 3.73
Property and Assessments
  • Assessment Bldg: 0.0
  • Assessment Land: 524300.0
Interior and Exterior Features
Interior Features
  • Easement: Unknown

Property History for 7 Cherry Street

DateEvent & SourcePriceAppreciation
Dec 8, 2025

Price Change

GSMLS #3965375

$175,000
Jun 26, 2025

Price Change

GSMLS #3965375

$200,000
May 27, 2025

Price Change

GSMLS #3965375

$250,000
May 27, 2025

Price Change

GSMLS #3965375

$200,000
May 27, 2025

Listed (Active)

GSMLS #3965375

$175,000
May 10, 2024

Temporarily Off Market

GSMLS #3835551

Mar 29, 2023

Listed (Active)

GSMLS #3835551

$630,000
DateEvent & SourcePrice
12/08/2025

Price Change

GSMLS #3965375

$175,000
06/26/2025

Price Change

GSMLS #3965375

$200,000
05/27/2025

Price Change

GSMLS #3965375

$250,000
05/27/2025

Price Change

GSMLS #3965375

$200,000
05/27/2025

Listed (Active)

GSMLS #3965375

$175,000
05/10/2024

Temporarily Off Market

GSMLS #3835551

03/29/2023

Listed (Active)

GSMLS #3835551

$630,000

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

Public Records for 7 Cherry Street

Taxable ValueLand$524,300Additions-Total$524,300
Tax Record2024$14,298 ($1,191 / month)
Home Facts
Beds0Lot Size162,392 SqFtStyleMiscellaneous Vacant LandZoningT-2CountySUSSEXAPN15 00005- 04-00005

Schools near 7 Cherry 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

Similar Sold Homes

7 Cherry Street is a 3.73 ac of land for sale in Newton, NJ 07860. This property was listed for sale on May 27, 2025 by RE/MAX PLATINUM GROUP, it's currently listed at $175,000. 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. 7 Cherry Street is a 0-bed, 0-bath, 3.73 ac of land on a 162,478 sq. ft. / 3.73 acres lot.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties expressly disclaims 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 discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of RE/MAX PLATINUM GROUP, THOMAS PETERSON

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: 02/11/2026 07:37 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: 02/11/2026 07:37 AM © 2026 New Jersey Multiple Listing Service Inc. All rights reserved.