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    86 Lafayette Rd Sparta, NJ 07871

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    For Sale
    $1,740,000

    Rare 87-acre land opportunity in prestigious Sparta Township, New Jersey.

    Property Features for 86 Lafayette Rd

    General Information

    Standard status
    Active

    Source: BERKSHIRE HATHAWAY HOME SERVICES GROSS & JANSEN REALTORS Agent ALISON CALLOW

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

    Overview

    87 Acres in Sparta Township

    This is a rare opportunity to own approximately 87 acres in Sparta Township, a community known for its beauty. The property is suitable for a secluded estate or a high-end development. Bordering SkyView Golf Club, the land offers a serene setting. Sparta blends suburban tranquility with modern conveniences and is approximately 50 miles from Times Square. The town includes boutique shops, cafes, year-round festivals, and a farmers' market. The location is suitable for private builders, investors, and visionaries.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Land

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Sparta
    County
    Sussex
    State
    New Jersey
    Longitude
    -74.6468158
    Latitude
    41.0483494

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    FAQs

    What type of property is this?
    Land - Rare 87-acre land opportunity in prestigious Sparta Township, New Jersey.
    Where is this land located?
    The property is located at 86 Lafayette Rd Sparta, NJ.
    What is the asking price?
    The asking price for this property is $1,740,000.
    What are key features of this property?
    This property features: - 87+/- acre property offers endless possibilities for a secluded estate or high-end development.; - Prime location in prestigious Sparta Township, known for its beauty and charm.; - Borders SkyView Golf Club, providing direct access for golf enthusiasts.
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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
    86 Lafayette Rd Sparta, NJ 07871
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