1018 Railroad Avenue Newport, NJ $ 950,000
1018 Railroad Avenue
$ 950,000
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1018 Railroad Avenue

Newport, NJ, 08345
$ 950,000
Baths0.0

Monthly Estimate*

$ 6,636

1018 Railroad Avenue, Newport, NJ 08345 - Image 1
1018 Railroad Avenue, Newport, NJ 08345 - Image 2
Studio

Commercial Property for sale in Newport, NJ

for $950,000. This building was built in 1980 on a lot size of 67.86.

292 +/- acres. Previously a sandmining pit. Property contains a small building at the road along with a lake 600 acre lake to which the new owner would have enjoyment of approximately 6 acres. In addition to Block 23, Lot 103, the following Blocks & Lots must be sold together as one: Block 23, Lot 104; Block 23, Lot 106; Block 23, Lot 107; Block 23, Lot 108; Block 23, Lot 109; Block 23, Lot 110; Block 23, Lot 117; Block 23, Lot 118; Block 23, Lot 119; Block 23, Lot 120 & Block 23, Lot 171. Approximate 2022 taxes for the 12 Lots combined was $14,945.19

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Commercial Active

Price

$ 950,000

Bedrooms

Studio

Property Type

Commercial

Taxes

$ 3,624

Style

Recreation

Lot Size

67.86

Year Built

1980

Town/City

Newport

County/Region

Cumberland

MLS | Web ID

NJCB2013702

Features
Interior
Heating Fuel None
Hot Water None
Street Suffix AVENUE
Central Air Y/N N
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General
Sewer No Septic System
Heating None
Cooling None
Possession 0-30 Days CD
Zoning C
Construction Materials Block
Year Built 1980
Property SubType Other
Tax Year 2023
Percent Ownership Fee Simple
Cool Fuel None
Municipality DOWNE TWP
Business Type Recreation
Accessibility None
County CUMBERLAND
New Construction N
Property Type Commercial Sale
Water Access Y/N N
Status ACTIVE
Directions 1018-1090 Railroad Ave (see sign)
City NEWPORT
Buyer Agent Compensation 3
Total Units 0
MLS Area Downe Twp (20604)
Lot Size Square Feet 2955982.00
Waterfront Y/N N
Street Name RAILROAD
Tax Annual Amount 3624.0
Price Per Sq Ft 2375.0
Vacation Rental Y/N N
Days on Market 280
Standard Status Active
Year Built Source Assessor
Tax Lot 00103
Buyer Agent Compensation Type % Of Gross
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Exterior
Water Source None
Type of Parking Driveway
Water View Y/N N
Building Area Total 400.00
Lot Dimensions 0.00 x 0.00
Lot Size Acres 67.86
Lot Size Units Square Feet
Lot Size Source Assessor
Land Assessed Value 135700.00
Navigable Water Y/N N
Water Oriented Y/N N
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Internal Only
Street Number 1 1018
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* Excluded Features
List By
Crowley & Carr, Inc.

Broker

caitlynsellsnj@gmail.com

Email

Affordability Calculator

$6,938
Per Month
96%
4%
0%
Monthly Principal & Interest
$6,636
Monthly Property Taxes
$302
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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The time to sell is now
THE TIME TO SELL IS NOW!
Nearby
2136830 Elementary School
2137124 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
7/26/2023$950,000 Listed Price

Map


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1018 Railroad Avenue, Newport, NJ, 08345 is a Commercial Property for sale at $950,000 with a lot size of 67.86. 1018 Railroad Avenue is a studio with 0.0 baths and was built in 1980. The property's zip code is 08345 which is in Newport, NJ