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Development Land for Mixed Use
For Sale
$495,000
Pending

16 Main St, Sparta, NJ 07871

Approximately 0.75-acre development site near the post office and supermarket in Sparta Township, NJ.

Property SizeContact for details
Lot Size0.75 Acres
Days on Market112

Property Features for 16 Main St

General Information

Standard status Pending
Lot size 0.75 Acres
Property subtype Land

Taxes and HOA fees

Annual Taxes $405
Listing Agency: FAIRCLOUGH REALTORS
Listed By: MARC WEITZ · License #296166
Source: Elliman
Added: Jul 16 Changed: Oct 25 Last Checked: Nov 3 at 6:32AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of FAIRCLOUGH REALTORS

Rey
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Investment Insights

Based on property information with market context.

This listing presents approximately 0.75 acres of land in Sparta Township, NJ, intended for development. The current plan contemplates building 22 age-restricted condos (55+) as phase 2 of “The Hamlet,” though the seller notes the option to subdivide and redevelop the property in a different fashion.

The site is described as steps from the post office, supermarket, and other local amenities, placing it within convenient walking distance to everyday services.

Financing information is available through Segal Financial, with loan consulting described as specializing in $1 million to $10 million real estate developer and commercial loans.

Key Highlights

  • Approximately 0.75‑acre development site in Sparta Township, NJ
  • Steps from the post office and supermarket, plus other amenities
  • Plans call for 22 condos (55+) as phase 2 of "The Hamlet"

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Suggested Use

Top Pick Parking Lot & Garage Storage Facility Computer & Electronic Repair Big Box & Wholesale Store Catering Service Bakery

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

1,144
Businesses Nearby

Demographics for 07871, NJ

20,992
Population
8,367
Households
2.5
Avg Household Size
43
Median Age
62%
College-Educated
98%
High-School Grad
38.2 sq mi
ZIP Area
550
Density / Sq Mi
$167,443
Median Household Income
$84,587
Median Earnings
$1,831
Median Rent
$462,900
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Frequently Asked Questions

What type of property is this?
Residential land & home lot - Approximately 0.75-acre development site near the post office and supermarket in Sparta Township, NJ.
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: Approximately 0.75‑acre development site in Sparta Township, NJ; Steps from the post office and supermarket, plus other amenities; Plans call for 22 condos (55+) as phase 2 of "The Hamlet"
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