$175,000

7 Cherry St Newton, NJ 07860

Estimated payment $1,103/month

Total Views 39,053
3.73 Acres
$46,917 Price per Acre
162,479 Sq Ft Lot

About This Lot

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.

Listing Agent

Heidi Delahanty

RE/MAX PLATINUM GROUP Brokerage Phone: 973-726-5700 Listed on: 05/27/2025

RE/MAX PLATINUM GROUP

Property Details

Property Type

  • Land

Lot Details

  • 3.73 Acre Lot
  • Level Lot
  • Wooded Lot
  • Subdivision Possible
  • Property is zoned T2

Schools

  • Merriam Av Elementary School
  • Halsted St Middle School
  • Newton High School

Listing and Financial Details

  • Assessor Parcel Number 2815-00005-0004-00005-0000-

Property Details

Property Type

Land

Lot Details

3.73 Acres

Listing Details

  • County Name: Sussex
  • 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
  • I D: 5360657
  • Attribution Contact: 973-726-5700
  • MLS Status: Active
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Road Surface Description: Blacktop/Asphalt Road

Utilities

  • Sewer Info: Public Sewer on Property
  • Water Info: Public Water in Street

Schools

  • High School: NEWTON
  • Middle Jr High School: HALSTED ST

Lot Info

  • Lot Size: 3.728 AC
  • Easement: Unknown
  • Lot Description: Level Lot, Possible Subdivision, Wooded Lot
  • Lot I D Tax: *
  • Lot Size Tax: *
  • Total Acres: 3.73
  • Zoning: T2
  • Location: Rural Lot
  • Currently Used For: Vacant/Unimproved
  • Number of Lots: 1

Tax Info

  • Tax Acres: *
  • Streetname Tax: *
  • Tax Amount: 14297
  • Tax Amount Tax: *
  • Assessor Parcel Number: 2815-00005-0004-00005-0000-
  • Assessor Parcel Number: *
  • Tax Rate Amount: 2.727
  • Tax Rate Tax: *
  • Tax Year Tax: *
  • Assessment Bldg Tax: *
  • Assessment Land Tax: *
  • Total Tax Assessed: *
  • Street Num Tax: *
  • Tax Year: 2024

MLS Schools

  • Grade School: MERRIAM AV

Map

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
Collateral Analytics

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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $14,298 $524,300 $524,300 --
2024 $18,848 $524,300 $524,300 --
2023 $18,848 $419,400 $419,400 $0
2022 $28,426 $630,000 $630,000 $0
2021 $28,300 $630,000 $630,000 $0
2020 $27,865 $630,000 $630,000 $0
2019 $27,002 $630,000 $630,000 $0
2018 $26,857 $630,000 $630,000 $0
2017 $26,699 $630,000 $630,000 $0
2016 $26,271 $630,000 $630,000 $0
2015 $25,578 $630,000 $630,000 $0
2014 $25,049 $630,000 $630,000 $0
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/08/2025 12/08/25 Price Changed $175,000 -12.5% --
06/26/2025 06/26/25 Price Changed $200,000 -20.0% --
05/27/2025 05/27/25 For Sale $250,000 -- --
Source: Garden State MLS

About the Listing Agent

Heidi Delahanty
Heidi Delahanty

RE/MAX PLATINUM GROUP

(862) 247-4051

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View Heidi's Profile

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Source: Garden State MLS

MLS Number: 3965375

Garden State MLS

APN: 15-00005-04-00005

New Jersey Sussex County Newton 07860

7 Cherry St, Newton, NJ

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Information deemed reliable but not guaranteed.
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RE/MAX PLATINUM GROUP
(862) 247-4051
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