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    148 St, Unit Rt 181 Jefferson Twp, NJ 07849

    For Sale
    $2,100,000

    Lots and Land - Jefferson Twp., NJ

    Lot size:
    1.10 Acres
    Days on Market:
    30
    Last Refresh:
    Dec 5 at 12:06 am

    Property Features for 148 St

    General Information

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

    Building Details

    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# 3996646 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 property presents a development opportunity with a lake view in Morris County, situated directly across the street from Lake Hopatcong and one of its largest marinas. The site is zoned C2/C1. Currently, there are 9 buildings comprising 24 units used as short-term rentals, with the potential for conversion. The property is located less than 50 miles from New York City. Lake Hopatcong, the largest lake in New Jersey, spans over 2600 acres and experiences high demand for both full-time and short-term housing. The lot size is 1.1 acres.
    Location Intelligence

    Current Use by Public Records

    Motels

    Map

    City
    Jefferson Twp
    County
    Passaic
    State
    New Jersey
    Longitude
    -74.610600471497
    Latitude
    40.984919645559

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    FAQs

    What type of property is this?
    Motel - Development opportunity near Lake Hopatcong with conversion potential.
    Where is this motel 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: - Lake Hopatcong lake view property directly across from lake and marina; - Prime development opportunity in Morris County; - C2/C1 zoning
    (973) 347-3700
    Request Owner's contact information
    148 St, Unit Rt 181 Jefferson Twp, NJ 07849
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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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