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    67 Us Highway 46 Budd Lake, NJ 07828

    For Sale
    $1,595,000

    High-visibility corner commercial property with redevelopment potential plus adjacent single-family home.

    Property Features for 67 Us Highway 46

    General Information

    Standard status
    Active

    Source: KELLER WILLIAMS CITY VIEWS REALTY Agent JONATHAN JIMENEZ CARDONA

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

    Overview

    Corner Commercial Property with Redevelopment Potential

    This offering features a corner retail building situated on a 276' x 148' lot, along with an adjacent single-family residence at 48 Old Budd Lake Rd on a 75' x 155' lot. The properties are located in a rapidly growing corridor of Budd Lake, NJ. The single-story commercial building has an open layout suitable for retail or office use, and includes a full walkout basement for storage or delivery access. The surrounding area is experiencing growth, with new apartments, retail condos, and a supermarket under construction. The property is a potential site for high-end retail or mixed-use development. The adjacent single-family home can generate extra land or rental income. The survey is available.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Retail space

    Suggested Use

    Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness Auto Repair Shop

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

    Location Insight

    • Map
    • Local Demand
    City
    Budd Lake
    County
    Morris
    State
    New Jersey
    Longitude
    -74.724156
    Latitude
    40.887556

    Nearby Similar for Sale

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    • $1,595,000

      Mount Olive Township Property

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    FAQs

    What type of property is this?
    Retail space - High-visibility corner commercial property with redevelopment potential plus adjacent single-family home.
    Where is this retail space located?
    The property is located at 67 Us Highway 46 Budd Lake, NJ.
    What is the asking price?
    The asking price for this property is $1,595,000.
    What are key features of this property?
    This property features: - High-visibility corner commercial property with excellent redevelopment potential in a rapidly growing area.; - Includes an adjacent single-family home for extra land or rental income.; - Located in a high-traffic location with strong local demographics.
    (201) 592-8900
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    67 Us Highway 46 Budd Lake, NJ 07828
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    Budd Lake, NJ 07828
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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
    67 Us Highway 46 Budd Lake, NJ 07828
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