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    168 Rt15 Lafayette, NJ 07848

    For Sale
    Contact for pricing

    Spacious Garage, Highway Access, Perfect for Contractors

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    308
    This exceptional commercial property, located at 168 RT15 in Lafayette, NJ, presents a unique opportunity for contractors or businesses requiring ample storage and workshop space. Situated on a 1.13-acre lot, the property boasts an oversized garage featuring heat, electricity, a built-in workbench, and a full bathroom – a rare combination for properties of this type. The garage's convenient highway location ensures easy access for deliveries and client visits. The substantial parking area comfortably accommodates cars and trucks, eliminating parking concerns. The inclusion of heat and electricity in the lease price further enhances the property's value and practicality. This is an ideal space for a contractor's business, a storage facility, or any operation requiring a large, well-equipped workspace. The property's size and features make it a highly desirable commercial asset. The asking price is $1000. Serious inquiries are encouraged to schedule a viewing and assess the property's suitability for their specific needs. Don't miss this chance to secure a prime commercial location with exceptional features. The property is ready for immediate occupancy.

    Property Features for 168 Rt15

    General Information

    Property type
    Other commercial real estate
    Lot Size
    49,223 SF

    Building Details

    Year Built
    1985
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Lafayette
    County
    Sussex
    State
    New Jersey
    Longitude
    -74.69862
    Latitude
    41.10629

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    FAQs

    What type of property is this?
    Commercial real estate - Spacious Garage, Highway Access, Perfect for Contractors
    Where is this commercial real estate located?
    The property is located at 168 Rt15 Lafayette, NJ.
    What is the asking price?
    The asking price for this property is $1,000.
    (973) 729-7141
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    168 Rt15 Lafayette, NJ 07848
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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
    168 Rt15 Lafayette, NJ 07848
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