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$975,000

  • For Sale
  • Under Contract
  • Commercial
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Discover an outstanding investment opportunity with this fully renovated, income-generating building featuring four separate units. Each unit has been thoughtfully updated and is currently occupied, providing immediate and steady cash flow from day one. Perfectly situated in a prime, high-visibility location within a thriving commercial district, this property offers excellent exposure and long-term growth potential. Whether you're an investor seeking stable returns or looking to expand your portfolio, this building combines modern updates, strong tenancy, and a strategic location that make it a standout choice. Rent roll available upon request!

Full Property Details for 97 Newport Ave

General

  • Price: $975,000
  • Taxes: $11,095 (2024)
  • Status: Under Contract
  • Type: Commercial
  • Source: Garden_State
  • MLS ID: 3995114
  • Updated: 1/1/2026
  • Added to Site: 81 day(s) ago

Business

  • Includes: Building Only

Interior

  • Flooring: Laminate

Rooms

Bathrooms

  • Total Bathrooms: 2
  • Restrooms: 4

Additional Information

  • Equipment: Appliances, Fire Alarm, Smoke Detector

Exterior

  • Color: Brick

Parking

  • Garage Spaces: 10
  • Total Spaces: 10
  • Parking: Assigned

Location

  • County: Somerset
  • Driving Directions: From Hamilton St, turn on Berry St, then left on Newport Ave. Continue straight 97 Newport Ave is on the right.
  • Location Details: Business District, Corner, Residential Area

Heating & Cooling

  • Cooling Type: 4+ Units
  • Heating Type: 4+ Units
  • Heating Fuel: Natural Gas

Utilities

  • Sewer: Public Sewer, Sewer Charge Extra
  • Water: Public Water, Water Charge Extra
  • Utility Description: Electric, Natural Gas, Cable TV Available, Garbage Extra Charge, Internet Available

Structural Information

  • Construction: Brick/Block
  • Exterior Const.: Brick/Block
  • Roof: Flat
  • Stories in Building: 2
  • Square Feet: 3,290
  • Year Built: 1960
  • Remodeled/Updated: 2022

Unit Information

  • 1 Bedroom Units: 2
  • Units w/Full Bath: 2

Lot Features

  • Lot Size (Acres): 0.28
  • Lot Size: 120X100 AVG
  • Zoning: HBD
  • Lot Description: Level Lot

Financial Considerations

  • Expenses: See Remarks
  • Assessment Amount: $609,000
  • Land Assmt: $200,000
  • Tax Amount: $11,095
  • Tax Year: 2024
  • Pays Utilities: Other

Disclosures and Reports

  • Ownership: Fee Simple
  • Documents Avail.: See Remarks
  • APN: 2708-00156-0000-00047-0000-
  • Block: 156
  • Lot Number: 47
Buyer's Brokerage Compensation: Contact Listing Agent
Not binding unless confirmed by separate agreement among applicable parties.

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— 97 Newport Ave —

Get Pre-Approved Today

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Schools serving 97 Newport Ave

School District:Franklin Township School District, Franklin Township, NJ
NameGradesDistance
Franklin Twp High School
500 Elizabeth Avenue, Franklin Township, NJ 08873
9-124.6 mi
Disclaimer: School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 97 Newport Ave Get Price Alerts and Save Property

Date
Details
Price
Change
Source
10/29/2025
Listed
$975,000
44.44%
MLS
11/07/2019
Sold
$675,000
—
Public Record
Get Price Alerts and Save Property
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History for 97 Newport Ave

Year
Property Taxes
Change
Tax Assessment
Change
2024
$11,096
-6%
$609,000
—
2023
$11,815
-5%
$609,000
—
2022
$12,472
2%
$609,000
11%
2021
$12,193
-4%
$547,000
—
2019
$12,679
-1%
$547,000
—
2018
$12,811
—
$547,000
—
2017
$12,860
-1%
$547,000
—
2016
$12,969
1%
$547,000
—
2015
$12,882
3%
$547,000
—
2013
$12,515
—
$547,000
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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NMLS#: 1598647

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Price Reduced near 97 Newport Ave

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Recent Sales near 97 Newport Ave

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97 Newport Ave, Franklin Township, NJ 08873 (MLS# 3995114) is a Commercial property. 97 Newport Ave is currently listed for $975,000 and was received on October 29, 2025. This property is listed by Myriam Cruz from our Flemington Office.Want to learn more about 97 Newport Ave? Do you have questions about finding other Commercial real estate for sale in Franklin Township? You can browse all Franklin Township real estate or contact a Coldwell Banker agent to request more information.

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