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    650 Nj-15 Jefferson, NJ 07849

    Sponsored
    For Lease
    Contact for pricing

    Prime Morris County Retail Land, 0.91 Acres

    Lot size:
    1 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 0.91-acre commercial land parcel, located at 650 NJ-15 in Jefferson, New Jersey, presents a unique opportunity for retail development. Situated in Morris County, the property boasts a highly visible location along NJ-15, ensuring significant exposure to a substantial volume of daily traffic. The zoning designation is B2, offering flexibility for a variety of retail uses. The entire site is available, totaling 1 square foot of building space and 0.91 acres of land. This single-tenant property is ideal for a business seeking a prominent location with high visibility and ample space for development. The property's address is 650 NJ-15, Jefferson, NJ 07849. Its convenient location within Morris County provides easy access to major transportation routes and a thriving local community. The property is currently vacant, offering a blank canvas for a new retail venture. This is a rare opportunity to establish a strong retail presence in a desirable and high-traffic area. Serious inquiries are encouraged to explore the potential of this exceptional commercial land parcel. The property is for lease.

    Property Features for 650 Nj-15

    General Information

    Property type
    Land
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    1 SF

    Unit(s) available at that property

    Space
    Available Space
    Size
    0 SF

    HighLights

    • 0.91‑acre commercial land parcel available for lease at 650 NJ‑15, Jefferson, NJ.
    • High‑visibility location on NJ‑15 with 197 feet of highway frontage.
    • B2 zoning allows for various retail uses including stores, restaurants, and offices.
    • High‑income trade area in Morris County with excellent access to major transportation routes.
    • Currently vacant, offering a blank canvas for development.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Jefferson
    County
    Morris
    State
    New Jersey
    Longitude
    -74.5974248
    Latitude
    40.9546962

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    FAQs

    What type of property is this?
    Land - Prime Morris County Retail Land, 0.91 Acres
    Where is this land located?
    The property is located at 650 Nj-15 Jefferson, NJ.
    What are key features of this property?
    This property features: 0.91-acre commercial land parcel available for lease at 650 NJ-15, Jefferson, NJ.; High-visibility location on NJ-15 with 197 feet of highway frontage.; B2 zoning allows for various retail uses including stores, restaurants, and offices.
    Request Owner's contact information
    650 Nj-15 Jefferson, NJ 07849
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    Jefferson, NJ 07849
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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
    650 Nj-15 Jefferson, NJ 07849
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