4-16 Rte 94 Vernon, NJ 07462
This exceptional 6.19-acre parcel, located at 4-16 Route 94 Unit 1 in Vernon, New Jersey, presents a compelling investment opportunity. Zoned for highway business use, the property boasts existing footings for a substantial 7200 square foot building, offering significant development potential. A key feature is the inclusion of a currently income-generating billboard, providing a steady revenue stream. The strategic location on Route 94 ensures high visibility and accessibility, placing the property within minutes of popular attractions such as a nearby ski resort, mineral spa, and several golf courses. This prime location offers excellent exposure to a large volume of traffic, making it ideal for a variety of commercial ventures. The sale is for the land only, providing the buyer with complete control over future development and maximizing investment potential. The existing footings represent a significant cost saving for any future construction project. This is a rare opportunity to acquire a high-traffic, income-producing property in a desirable location with significant upside potential. Don't miss this chance to capitalize on this exceptional investment.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.