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    148 St, Unit Rt 181 Jefferson Twp, NJ 07849

    For Sale
    $2,100,000

    Commercial - Jefferson Twp., NJ

    Property size:
    99,999 SF
    Lot size:
    1.10 Acres
    Days on Market:
    30
    Last Refresh:
    Dec 5 at 3:06 pm

    Property Features for 148 St

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Standard status
    Active
    Zoning
    C-2, C-1
    Rooms
    Basement
    Basement Y/N
    1
    Size
    99,999 SF
    Lot size
    1.10 Acres

    Building Details

    Year built
    1945
    Floors in Building
    1
    Number of units
    24
    Roof type
    Asphalt, See Remarks, Shingle
    Architectural style
    Other

    Realty Executives Exceptional Realtors (973) 575-6700 [email protected]

    Listing agent STACEY MICHELMAN (973) 347-3700

    Listing date Nov 6, 2025

    MLS# 3996620 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

    Lake View Development Opportunity

    This Morris County property presents a prime development opportunity with lake views, situated directly across from Lake Hopatcong and one of its largest marinas. The property is zoned C2/C1. Currently, there are 9 buildings comprising 24 units operating as short-term rentals, with potential for conversion. Located less than 50 miles from NYC, this property benefits from its proximity to Lake Hopatcong, the largest lake in NJ, spanning over 2600 acres, which drives high demand for both full-time and short-term housing. The lot size is 1.1 acres. The property size is 99999 Square Feet.
    Location Intelligence

    Current Use by Public Records

    Short term rental ...

    Map

    City
    Jefferson Twp
    County
    Passaic
    State
    New Jersey
    Longitude
    -74.61053609848
    Latitude
    40.984935843573

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    FAQs

    What type of property is this?
    Short term rental property - Morris County property near Lake Hopatcong with conversion potential.
    Where is this short term rental property located?
    The property is located at 148 St, Unit Rt 181 Jefferson Twp, NJ.
    What is the asking price?
    The asking price for this property is $2,100,000.
    What are key features of this property?
    This property features: - Directly across from Lake Hopatcong with lake views.; - Prime development opportunity in Morris County.; - C2/C1 zoning offers flexibility.
    (973) 347-3700
    Request Owner's contact information
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    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
    148 St, Unit Rt 181 Jefferson Twp, NJ 07849
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