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    Andover, NJ
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    Andover, NJ Commercial Land for Sale

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    Byram Township, NJ Newton, NJ Sparta, NJ Stanhope, NJ Fredon Twp, NJ Hopatcong, NJ Allamuchy Twp, NJ Lafayette, NJ
    Commercial Development Land
    Updated: Jun 22
    Commercial Development Land

    Forest Lake Dr, Andover, NJ 07821

    $550,000
    12.00 AC lot
    12 commercial acres with potential development use
    Permitted uses, zoning regulations, and tax map provided in the documents
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    Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
    Based on your search, we've compiled 5 Potential Opportunities for your consideration. Besides 1 Active listings in Andover, NJ, we suggest exploring several alternatives: 4 properties in Nearby Cities

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    Commercial Development Land with Road Frontage
    Commercial Development Land with Road Frontage

    71 Highway 206, Stanhope, NJ 07874

    $750,000
    376,358 sqft 8.64 AC lot

    Zoned VB with residential components, this 8.64-acre parcel offers direct frontage and access along Highway 206.

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    Prime Development Land on Route 206
    Prime Development Land on Route 206

    71 Us Highway 206, Stanhope, NJ 07874

    $550,000
    8.64 AC lot

    8.64 acres of commercial land in Byram Township, NJ.

    View details
    Land with High Visibility
    Land with High Visibility

    Newton, NJ 07860

    $495,000
    8.88 AC lot

    Land with large parking lot and easy access.

    View details
    Zoned Commercial Land Parcel
    Zoned Commercial Land Parcel

    661 Highway 206, Newton, NJ 07860

    $199,000

    Commercially zoned land offered for sale at a high-visibility location.

    View details

    Andover, NJ Commercial Land Market Trends and Statistics

    Explore 1 commercial land for sale in Andover, NJ on our real estate platform. These investment opportunities span a total of 522,720 square feet of properties for sale, with an estimated market value of $550,000.

    Sale prices for commercial lots in Andover, NJ average $550,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Residential land & home lots 6
    Commercial land 2

    Demographics Overview

    Population 9,036
    Population Growth (5Y) -1.3%
    Median Household Income $145,100
    College Educated 74.2%

    High-Yield Neighborhoods for Investment

    Identify Andover submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

    Neighborhood Average Price
    07821 $550K

    Taxes & Financing

    Tax Rate (average for all types) 3.44%
    Property Tax per SF $99.59 per SF
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Sussex County

    New Delisted

    Total CRE Inventory on Market (SF)

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