Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    136 Wantage Ave Branchville, NJ 07826

    View on Map
    For Sale
    $849,900

    Lots and Land - Frankford Twp., NJ

    Lot size:
    48.62 Acres
    Added:
    Mar 28, 2026
    Days on Market:
    9
    Last Refresh:
    Apr 5 at 4:06 pm

    Property Features for 136 Wantage Ave

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Active
    Lot size
    48.62 Acres

    Taxes and HOA fees

    Tax Year
    2025
    Tax Annual Amount
    5253

    Building Details

    Architectural style
    Other

    We can help!

    Listing Contact
    KYLE R. KERWIN

    Listing agent KYLE R. KERWIN

    Listing office RE/MAX SELECT 20 WEST MAIN STREET, Morristown, NJ

    Listing date Mar 28, 2026

    MLS# 4017367 Listing URL

    Copyright © 2026 Garden State MLS, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    48+ Acre Branchville Land Parcel

    This 48.63-acre property in Branchville is comprised of five contiguous lots, offering potential for development, subdivision, or private estate use. One of the lots features an installed 5-bedroom septic system. Four lots have road frontage on Wantage Ave, and one lot is located at the end of Cassandra Ct, providing multiple access points and layout flexibility. This acreage is suitable for builders, investors, or end users seeking land for subdivision, an estate home, hunting, farming, recreation, or a family compound. The large acreage supports the potential for multiple homes with approvals. This property presents an opportunity to hold, develop, or build a private residence with expansive land and privacy. Buyers are responsible for all due diligence regarding subdivision, zoning, permits, and intended use.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Land

    Suggested Use

    Building Supply Kitchen & Bath Showroom Veterinary Clinic Plumbing Service Nursing Home Nursing Home

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Branchville
    County
    Sussex
    State
    New Jersey
    Longitude
    -74.73615
    Latitude
    41.166553

    Nearby Similar for Sale

    • $549,900
      3,703 SF

      Route 206 Landmark Property

      Mixed-use commercial building with diverse potential on 1.155 acres.
      283 ROUTE 206, Sandyston Twp., NJ 07826
      View Details
    • $385,000
      6,800 SF

      Historic Creamery with Business Potential

      Three buildings with space and history in Branchville, New Jersey.
      33 Broad St, Branchville Boro, NJ 07826
      View Details
    • $40,000

      Land for Residential Development

      Almost 2 acres of land available in Hiram's Grove.
      Martha St, Sandyston Twp., NJ 07826
      View Details
    • $385,000
      4,800 SF

      Branchville Commercial Property with History

      Three buildings with space and history in Branchville, New Jersey.
      33 Broad St, Branchville Boro, NJ 07826-5603
      View Details
    • Contact for pricing
      5,400 SF

      Established Business on US-206

      Commercial heating service business with excellent visibility on US-206.
      238 U.S. 206, Branchville, NJ 07826
      View Details
    • $479,000
      5,118 SF

      Route 206 Commercial Opportunity

      Commercial property across from Culver Lake, Frankford Twp., NJ.
      463 Us Highway 206, Frankford Twp., NJ 07826
      View Details

    FAQs

    What type of property is this?
    Land - 48.63 acres in Branchville with development potential.
    Where is this land located?
    The property is located at 136 Wantage Ave Branchville, NJ.
    What is the asking price?
    The asking price for this property is $849,900.
    What are key features of this property?
    This property features: Large 48.63‑acre property with development and subdivision potential.; Existing 5‑bedroom septic system installed on one lot.; Multiple access points via road frontage on Wantage Ave and Cassandra Ct.
    (973) 625-0450
    We can help!
    Listing Contact
    KYLE R. KERWIN
    Learn More
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!