2 Clinton St, Newton Town, NJ, 07860-1404, Newton Town, NJ, 07860-1404 — Photo 11 / 8
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$800,000

2 Clinton St, Newton Town, NJ, 07860-1404, Newton Town, NJ, 07860-1404

MLS# 4030425

GSMLS
Active3d on market

0.244 acres (10,629 sqft)

Lot Size

1940

Year Built

Commercial

Property Type

Description

Excellent owner-user investment opportunity to acquire Lynn Cleaners, a highly profitable 30-year established dry cleaning plant in Newton, NJ, featuring a freestanding 4,000 SF building on a 5,000 SF lot. Generating a strong $150K net income with a 60LB Unisec Hydro Carbon machine, 12 shirt units, 12 utility presses, and a 20 HP boiler. Flexible purchasing paths available: OPTION 1) Complete package (Property + Business) for $800,000 with rare Owner Financing available to qualified buyers, OR OPTION 2) Turn-key Business Only for $200,000 with a stable new commercial lease at $4,500/month. Turn-key plant with immediate cash flow

Tax & Financial Information

Annual Property Taxes$10,952 (NJ Public Records)
Tax Assessment$414,700
Land Assessment$76,200
Last Sale Price$390,000
ListedMay 27, 2026

Property Features

Interior

  • Heating: Baseboard - Hotwater, Forced Hot Air
  • Cooling: See Remarks

Utilities

  • Water: Public Water
  • Sewer: Public Sewer

Directions

Rt 206 N into Newton, turn right onto E Clinton St. Property is on the right near the corner of Main St.

Listing Information

Listing Office: REALTY 7 LLC — 201-292-7777

Information deemed reliable but not guaranteed. Data provided for consumer's personal, non-commercial use only. Last updated: 5/28/2026.

Mortgage Calculator

Estimate your monthly payment

Estimated Monthly Payment

$5,384/mo

Principal & Interest$4,204
Property Taxes$913
Home Insurance$267
Total$5,384
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% = $160,000

Loan amount: $640,000

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This calculator provides estimates for informational purposes only. Actual rates, taxes, and insurance may vary. Consult a mortgage lender for accurate quotes.

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