Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search

    138 Franklin Ave Rockaway, NJ 07866

    Pending
    For Sale
    $249,000

    Lots and Land - Rockaway Boro, NJ

    Lot size:
    1.57 Acres
    Days on Market:
    81
    Last Refresh:
    Dec 7 at 5:06 am

    Property Features for 138 Franklin Ave

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Pending
    Zoning
    HTLI LITE IN
    Lot size
    1.57 Acres

    Building Details

    Architectural style
    Other

    REMAX First Choice Realtors II (973) 598-1008 [email protected]

    Listing agent RICK J RUOTOLO (973) 598-1008

    Listing date Sep 18, 2025

    MLS# 3983327 Listing URL

    Copyright © 2025 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

    Rockaway Boro Light Industrial Land

    This 1.57-acre property, zoned for light industrial use (HTLI LITE IN), is located in Rockaway Boro, Morris County, New Jersey. The site benefits from access to city water, city sewer, and gas. The previous building has been removed. The property offers investment potential and convenient access to major highways and downtown.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    trinity development group Contractor

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Rockaway
    County
    Morris
    State
    New Jersey
    Longitude
    -74.513461589813
    Latitude
    40.895591974031

    Nearby Similar for Sale

    • $459,000
      Pending

      Two-Story Multi-Family Home

      Two-family home in Rockaway Twp., ideal for investors or owners.
      201 Mount Hope Ave, Rockaway, NJ 07866
      View Details
    • New
      Contact for pricing
      2,462 SF

      Route 46 Commercial Office Building

      2,462 SF commercial office space on Route 46.
      159 Us Highway 46, Rockaway, NJ 07866
      View Details
    • $675,000
      0.05 Acres

      Unique Historic Building with Modern Upgrades

      Historic building in Rockaway Boro with modern upgrades and income potential.
      2 Church St, Rockaway, NJ 07866
      View Details
    • $650,000
      1.00 Acre

      Mixed-Use Property on Acre Lot

      Mixed-use property on an acre lot with ample parking.
      103 Green Pond Rd, Rockaway, NJ 07866
      View Details
    • $534,900

      Modern Condo in Gated Community

      Well-maintained 2 bed, 2 bath condo built in 2020.
      208 Fischer Ct, Rockaway, NJ 07866
      View Details
    • $499,999
      2,560 SF

      Move-In Ready Office Near Manhattan

      Well-maintained office building with modern amenities, near Manhattan.
      23 Pawnee Ave, Rockaway, NJ 07866
      View Details

    FAQs

    What type of property is this?
    Commercial land - 1.57 acre light industrial land with utilities access.
    Where is this commercial land located?
    The property is located at 138 Franklin Ave Rockaway, NJ.
    What is the asking price?
    The asking price for this property is $249,000.
    What are key features of this property?
    This property features: - 1.57 Acres Zoned Light Industrial; - Access to City Water/City Sewer and Gas; - Prime Location
    (973) 598-1008
    Request Owner's contact information
    138 Franklin Ave Rockaway, NJ 07866
    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.
    138 Franklin Ave
    Rockaway, NJ 07866
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimation

    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.

    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.

    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
    138 Franklin Ave Rockaway, NJ 07866
    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
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.