Add Listing
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    Land Available For Lease Title is generated by Realmo AI

    701 US-46, Roxbury Township, NJ

    View on Map
    Claim this Listing
    Loading data...
    Loading data...
    Loading data...
    For Lease
    Contact for pricing

    Land for lease at 701 US-46, Roxbury Township, NJ.

    Type:LAND
    Lot size:
    3.97 Acres
    Added:
    Sep 12, 2025
    Days on Market:
    253
    Last Refresh:
    Apr 5 at 10:42 pm

    Property Features for 701 US-46

    General Information

    Standard status
    Active
    Lot size
    3.97 Acres
    Property subtype
    LAND

    Spaces For Lease

    at 701 US-46 Contact us

    We can help!

    Listing Contact
    Blake Shanaphy
    Blake Shanaphy

    Listing agent Blake Shanaphy

    Listing office JLL | Parsippany

    Listing date Sep 12, 2025

    Source Moodyscre

    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 JLL | Parsippany

    HighLights

    • Land available for lease.
    • Located at 701 US‑46, Kenvil, New Jersey.
    • Address is 701 Route 46.
    • Zip code is 07847.
    • Located in Kenvil, New Jersey.
    • Contact for further information.

    Overview

    Land is available for lease at 701 US-46, located in Roxbury Township, New Jersey.
    Location Intelligence

    Current Use by Public Records

    Land

    Map

    City
    Roxbury Township
    County
    Morris
    State
    New Jersey
    Longitude
    -74.7044
    Latitude
    40.8502

    Nearby Similar for Lease

    • $22 SF/Yr
      1,700 SF

      Kenvil Medical/Office Space Available

      Medical/office suites available for rent in Kenvil, New Jersey.
      677 US Highway 46, Kenvil, NJ
      View Details
    • Contact for pricing
      13,099 SF

      Former Fitness Facility Available

      13,099 SF space ideal for health and wellness businesses.
      659 US Highway 46, Kenvil, NJ
      View Details
    • Contact for pricing
      8,500 SF

      Roxbury Township Professional Office Space

      Divisible office space in well-maintained building on Route 206.
      185 Route 206, Roxbury Township, NJ 07836
      View Details
    • Contact for pricing
      4,500 SF

      Freestanding Retail Building on Route 46

      High-visibility retail space in Roxbury Township with flexible zoning.
      1062 U.S. 46, Roxbury Township, NJ 07852
      View Details
    • Contact for pricing
      8,486 SF

      Retail Space in Ledgewood Commons

      Community center anchored by Walmart, Marshalls, and Burlington.
      401 NJ-10, Roxbury Township, NJ
      View Details
    • $12 SF/Yr
      2,500 SF

      Ledgewood Office Space Available

      Office space available for lease in Ledgewood, New Jersey.
      500 Rte 10, Ledgewood, NJ
      View Details
    • Contact for pricing
      1,250 SF

      Retail Space Available For Lease

      1,250 SF retail space available for lease.
      38 State Rte 10 W, Succasunna, NJ
      View Details
    • Contact for pricing
      1,400 SF

      Retail Space For Lease

      Retail and shopping center spaces available for lease.
      175 Lakeside Blvd, Landing, NJ
      View Details
    • $4,550/Mo
      2,800 SF

      Roxbury Warehouse with Air Conditioning

      Air-conditioned warehouse space for lease, conveniently located near Route 80.
      3 Gold Mine Rd, Roxbury Township, NJ
      View Details
    • Contact for pricing
      3,500 SF

      Retail Space in High-Traffic Center

      Retail space available in high-traffic shopping center on Route 10.
      410 Rte 10, Ledgewood, NJ
      View Details
    • Contact for pricing
      1,250 SF

      Retail Space Available For Rent

      Retail space available, offering 1,250 SqFt.
      38 New Jersey 10, Succasunna, NJ 07876
      View Details

    FAQs

    What type of property is this?
    Land - Land for lease at 701 US-46, Roxbury Township, NJ.
    Where is this land located?
    The property is located at 701 US-46 Roxbury Township, NJ.
    What are key features of this property?
    This property features: Land available for lease.; Located at 701 US‑46, Kenvil, New Jersey.; Address is 701 Route 46.
    (973) 829-4800 Call to check price and availability
    We can help!
    Contact for Pricing
    Please call us for current price
    and status of this listing Blake Shanaphy
    Blake Shanaphy
    Learn More
    Request Owner's contact information
    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.
    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
    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

    Thank You for Inquiry
    701 US-46, Roxbury Township, NJ
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!