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    15 Oak Ln New Gretna, NJ 08224

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    For Sale
    $800,000

    Prime 5-acre property with junkyard license and income.

    Lot size:
    4.90 Acres

    Property Features for 15 Oak Ln

    General Information

    Lot size
    4.90 Acres

    Source: Velocity Realty

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

    Overview

    5 Acres Versatile Commercial Land

    This 5-acre property presents an investment opportunity with 2 acres currently operating as a junkyard, generating approximately $10,000 in monthly income. Included in the sale are a valid junkyard license and a commercial truck scale. The property can be utilized for various commercial purposes, including junkyard operations, automotive repair shop, container storage, and truck and trailer parking.
    Location Intelligence

    Current Use by Public Records

    Parking lots & garages

    Map

    City
    New Gretna
    County
    Burlington
    State
    New Jersey
    Longitude
    -74.4517
    Latitude
    39.5923

    Nearby Similar for Sale

    • $800,000
      4.90 Acres

      Versatile Land with Income Potential

      5 acres with junkyard license, truck scale, income-generating potential.
      15 Oak Ln, New Gretna, NJ 08224
      View Details

    FAQs

    What type of property is this?
    Parking lot & garage - Prime 5-acre property with junkyard license and income.
    Where is this parking lot & garage located?
    The property is located at 15 Oak Ln New Gretna, NJ.
    What is the asking price?
    The asking price for this property is $800,000.
    What are key features of this property?
    This property features: - Generates $10,000 in monthly income from existing junkyard operation.; - Includes a valid junkyard license.; - Features a commercial truck scale.
    (732) 288-3655
    Request Owner's contact information
    15 Oak Ln New Gretna, NJ 08224
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    New Gretna, NJ 08224
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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
    15 Oak Ln New Gretna, NJ 08224
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