Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    65 Valley Crest Rd Lebanon, NJ 08833

    View on Map
    Loading data...
    Loading data...
    Loading data...
    For Sale
    $2,150,000

    Exceptional land with frontage, zoning flexibility, and long-term potential.

    Lot size:
    40.00 Acres

    Property Features for 65 Valley Crest Rd

    General Information

    Standard status
    Active
    Lot size
    40.00 Acres

    We can help!

    Listing Contact
    DEVON LECOMPTE
    Source: Corcoran

    Listing Agency: Kienlen Lattmann Sotheby's International Realty Listing Agent: DEVON LECOMPTE

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

    Learn more

    Overview

    Hunterdon County 40-Acre Land Parcel

    This 40-acre property is located in Hunterdon County, offering frontage and long-term potential. Situated at the southeast corner of Route 31 and Valley Crest Road, the site features approximately 1,769 feet of frontage along Route 31 and 910 feet along Valley Crest Road, providing visibility and access along a major corridor. The land has generally level to gently rising topography, suitable for various uses. Approximately 26 acres are in productive agricultural use, with 14 acres of wooded and undeveloped land. The property is farmland assessed. Zoned ROM-1 (Research, Office Manufacturing), the parcel permits a range of uses, including research and laboratory facilities, professional offices, conference centers, light manufacturing, municipal uses, and continued agricultural operations. Located within the Highlands Planning Area "Existing Community Zone," the property offers proximity to regional employment centers while preserving the pastoral character. This offering combines scale, frontage, zoning flexibility, and access.
    Location Intelligence

    Current Use by Public Records

    Commercial land

    Suggested Use

    Restaurant Real Estate Agency Law Firm Building Supply Big Box & Wholesale Store Kitchen & Bath Showroom Food Market HVAC Service Garden Center Daycare Center

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Lebanon
    County
    Hunterdon
    State
    New Jersey
    Longitude
    -74.863142
    Latitude
    40.619822

    Nearby Similar for Sale

    • $715,000
      2,504 SF

      Office, Showroom, and Storage Building

      Commercial building with office, showroom, storage, and apartment.
      1235 Route31, Lebanon, NJ 08833
      View Details
    • $990,000
      2,880 SF

      Preserved Farmland with Orchard Potential

      40-acre preserved farmland with established orchard and residential flexibility.
      63 Valley Crest Rd, Lebanon, NJ 08833
      View Details
    • Contact for pricing
      1.08 Acres

      Readington Twp. Office Suite

      Office suite available for lease in Readington Twp., NJ.
      496 Rt22, Lebanon, NJ 08833
      View Details
    • $320,000
      8,000 SF

      Clinton Twp. Office Space Available

      First floor office suite in Clinton Twp., New Jersey.
      1225 Blg B, Lebanon, NJ 08833
      View Details
    • $320,000
      8,000 SF

      Commercial Suite in Clinton Twp.

      First-floor suite with ample parking and high visibility.
      1225 Blg B, Lebanon, NJ 08833
      View Details
    • $640,000
      8,000 SF

      Clinton Twp. Office Suites

      Office suites for sale in Clinton Twp., New Jersey.
      1225 Blg B, Lebanon, NJ 08833
      View Details
    • $290,000
      8,000 SF

      Red Schoolhouse Office For Sale

      Well-appointed office space in a park-like setting, Route 31.
      1225 Route31, Lebanon, NJ 08833
      View Details
    • $1,399,000
      1,306 SF

      Auto Body Shop with Residence

      Equipped auto shop with residence on 0.57 acres.
      1262 Us Highway 22, Lebanon, NJ 08833
      View Details
    • $1,575,000

      Route 31 Commercial Property

      Commercial property for sale on Route 31 in New Jersey.
      1128 Rte, Lebanon, NJ 08833
      View Details
    • $1,950,000
      5,000 SF

      Unique Lebanon Township Commercial Property

      11.83 acres with multiple commercial uses and residential dwelling.
      352 Mountain Rd, Lebanon, NJ 08833
      View Details
    • $990,000

      Preserved Farmland with Orchard Potential

      40-acre preserved farmland with established orchard and development exception.
      63 Valley Crest Rd, Lebanon, NJ 08833
      View Details
    • $200,000
      1,500 SF

      Liquor License: Clinton, NJ

      Prime NJ Liquor License - Hunterdon County Opportunity.
      0 Us Highway 22, Lebanon, NJ 08833
      View Details

    FAQs

    What type of property is this?
    Agricultural land / Farmland - Exceptional land with frontage, zoning flexibility, and long-term potential.
    Where is this agricultural land / farmland located?
    The property is located at 65 Valley Crest Rd Lebanon, NJ.
    What is the asking price?
    The asking price for this property is $2,150,000.
    What are key features of this property?
    This property features: - 40-acre property in Hunterdon County with long-term potential.; - Boasts approximately 1,769 feet of frontage on Route 31 and 910 feet on Valley Crest Road.; - Zoned ROM-1, permitting a wide range of uses including research, office, manufacturing, and agriculture.
    (908) 696-8600
    Request Owner's contact information
    65 Valley Crest Rd Lebanon, NJ 08833
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    65 Valley Crest Rd
    Lebanon, NJ 08833
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    65 Valley Crest Rd Lebanon, NJ 08833
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    We can help!
    Listing Contact
    DEVON LECOMPTE
    (908) 696-8600 (908) 719-2500
    Learn more
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!