Development Land in Sparta
16 Main St Sparta, NJ 07871
16 Main St, Sparta, NJ, 07871
$495,000
Pending
For Sale
$495,000
Pending
LAND - Sparta Twp., NJ
Lot Size0.75 Acres
Days on Market490
Property Features for 16 Main St
General Information
- Property type
- Land
- Property subtype
- Other
- Standard status
- Pending
- Lot size
- 0.75 Acres
Taxes and HOA fees
- Tax Year
- 2024
- Tax Annual Amount
- 405
Utilities
- Sewer type
- Public Sewer
- Water source
- Public
Listing agency
FAIRCLOUGH REALTORS
(973) 726-7800
Listed by
MARC WEITZ · License #296166
(973) 726-7800
Added: Mar 20, 2025 Updated: Jun 30 at 8:28PM Checked: Jul 22 at 7:06AM
MLS# 3951973
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.
Investment Insights
Based on property information with market context.
This for-sale development site offers approximately 0.75 acres of land in Sparta Township, NJ. The seller’s current concept includes building 22 condos (55+) as Phase 2 of “The Hamlet,” though the offering also contemplates the option to subdivide and re-develop the property in a different fashion. The listing notes that the town would work with an applicant toward developing the land in a meaningful way, and the seller is open to a subject-to arrangement.
The property is located at 16 Main St, Sparta Twp., NJ 07871-1946, with the advantage of being steps from the post office and nearby supermarkets and amenities.
This site may fit developers or investment groups looking for a land acquisition with a defined, age-restricted condominium development direction, while still allowing flexibility for an alternate redevelopment or subdivision approach. Financing is referenced as available through Segal Financial, described as a loan consulting firm specializing in real estate developer and commercial loans in the $1 million to $10 million range. Interested parties should review the intended development plan details and any applicable municipal requirements to confirm feasibility for the contemplated condominium or alternative redevelopment concepts.
The property is located at 16 Main St, Sparta Twp., NJ 07871-1946, with the advantage of being steps from the post office and nearby supermarkets and amenities.
This site may fit developers or investment groups looking for a land acquisition with a defined, age-restricted condominium development direction, while still allowing flexibility for an alternate redevelopment or subdivision approach. Financing is referenced as available through Segal Financial, described as a loan consulting firm specializing in real estate developer and commercial loans in the $1 million to $10 million range. Interested parties should review the intended development plan details and any applicable municipal requirements to confirm feasibility for the contemplated condominium or alternative redevelopment concepts.
Key Highlights
- .75‑acre development parcel in Sparta, NJ
- Public water and public sewer available
- Proposed plan to build 22 condos (55+) as phase 2 of "The Hamlet"
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Residential land & home ...
Similar For Sale Nearby
FAQs
What type of property is this?
Residential land & home lot - 0.75-acre site on Main Street near amenities, positioned for condominium development or alternative subdivision plans.
Where is this residential land & home lot located?
The property is located at 16 Main St Sparta, NJ.
What is the asking price?
The asking price for this property is $495,000.
What are key features of this property?
This property features: .75‑acre development parcel in Sparta, NJ; Public water and public sewer available; Proposed plan to build 22 condos (55+) as phase 2 of "The Hamlet"
