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    109 Rt15 Lafayette, NJ 07848

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    For Sale
    $285,000

    Historic property with river access, suitable for artisans or visitor center.

    Lot size:
    0.31 Acres

    Property Features for 109 Rt15

    General Information

    Lot size
    0.31 Acres

    Building Details

    Year built
    1900

    Source: WEICHERT REALTORS Agent DONNA KINCAID

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Historic Lafayette House with River Access

    The Original Lafayette House has a history as a courthouse, restaurant, bar, and Inn. A state-of-the-art septic system was previously installed but is not currently connected. Structural engineering plans have been obtained. The property borders the river and has access to the Antique Center and Lafayette Pond. It could serve as a visitor center or a gathering place for local artisans in a social atmosphere. The building includes multiple fireplaces that are non-functioning, large rooms, multiple smaller rooms, and bathrooms. Note that the property may not be used for apartments. Located in Lafayette Twp., NJ, the property presents opportunities for revitalization.
    Location Intelligence

    Current Use by Public Records

    Bed & breakfasts

    Map

    City
    Lafayette
    County
    Sussex
    State
    New Jersey
    Longitude
    -74.6815
    Latitude
    41.0994

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    FAQs

    What type of property is this?
    Bed & breakfast - Historic property with river access, suitable for artisans or visitor center.
    Where is this bed & breakfast located?
    The property is located at 109 Rt15 Lafayette, NJ.
    What is the asking price?
    The asking price for this property is $285,000.
    What are key features of this property?
    This property features: - Rich history as a courthouse, restaurant, bar, and Inn.; - Borders the river with access to the Antique Center and Lafayette Pond.; - Great opportunity for local artisans to gather in a vibrant social atmosphere.
    (973) 584-2300
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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
    109 Rt15 Lafayette, NJ 07848
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