Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search

    40 Martin Ln Newton, NJ 07860

    Sponsored
    For Sale
    $700,000

    Prime NJ acreage, exceptional privacy, development potential.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 70-acre property in Sussex County, New Jersey, presents a rare opportunity for a variety of uses. Located at 40 Martin Lane, Newton, NJ 07860, this land is zoned AR (Agriculture/Residential) and offers unparalleled privacy, being surrounded by thousands of acres of state-owned land. There are no conservation or preservation restrictions on this first-time-offered parcel. An approved development plan allows for the creation of sixteen individual house lots, making it ideal for a private enclave, equestrian community, private club or retreat, or a nature lover's paradise. Its versatility also lends itself to agricultural uses or simply as a land banking investment. The property's location provides a tranquil setting while remaining conveniently located less than 80 minutes from the George Washington Bridge. This unique oasis offers a blend of seclusion and accessibility, making it a truly exceptional investment opportunity. The property's latitude and longitude coordinates are 41.140821 and -74.8005094 respectively.

    Property Features for 40 Martin Ln

    General Information

    Property type
    Farms
    Lot Size
    3,049,200 SF

    HighLights

    • 70‑acre Sussex County land parcel, offered for the first time.
    • Exceptional privacy, surrounded by thousands of acres of state‑owned land.
    • No conservation restrictions; AR zoning allows for residential development (approved plan for 16 lots).
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Realty agency Restaurant Auto Repair Shop Wholesale Shop Hotel & Motel Food Market Grocery Store Discount Store Electrical Service Computer & Electronic Repair

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

    Location Insight

    • Map
    • Local Demand
    City
    Newton
    County
    Sussex
    State
    New Jersey
    Longitude
    -74.8005094
    Latitude
    41.140821

    Nearby Similar for Sale

    • $275,000
      1,584 SF

      Downtown Newton Commercial Building For Sale

      Commercial building in downtown Newton with updated office suite.
      35 High St, Newton, NJ 07860
      View Details
    • $475,000
      Pending

      Multi-Family Property in Newton Town

      Two-unit multi-family property with tenants paying all utilities.
      32 Trinity St, Newton, NJ 07860
      View Details
    • $728,000
      6.04 Acres

      Mixed-Use Property with Rental Income

      Mixed-use property featuring a country store, apartment, and rental units.
      735 State Route 94, Newton, NJ 07860
      View Details
    • $375,000
      Pending

      Fully Rented Duplex in Swartswood

      Well-maintained duplex in historic Swartswood, fully rented and income-generating.
      1049 County Road 521, Newton, NJ 07860
      View Details
    • $654,900
      3,794 SF

      Upgraded Brick Building in Newton

      Three-story building in Newton Town with flexible use options.
      14 Church St, Newton, NJ 07860
      View Details
    • $725,000

      Highway Commercial Lot with Buildings

      2.5-acre commercial lot with buildings and highway frontage.
      471 Us Highway 206, Newton, NJ 07860
      View Details
    • $3,710,177
      11,412 SF

      NNN Leased Mavis Tire Shop

      Long-term NNN lease with corporate guarantee and rent increases.
      134 Water St, Newton, NJ 07860
      View Details
    • $474,900

      Well-Maintained Stillwater Investment Property

      Three units fully rented in quiet rural Stillwater area.
      1055 Rt521, Newton, NJ 07860
      View Details
    • $475,000

      Well-Kept Newton Two-Family Home

      Two-family home near downtown Newton with separate utilities and storage.
      88 Trinity St, Newton, NJ 07860
      View Details
    • $185,000
      8,000 SF

      Commercial Building with Storage Rentals

      Stand-alone building with garage bays and storage rentals.
      291 Spring St, Newton, NJ 07860
      View Details
    • $950,000
      3.16 Acres

      Newton Commercial Land Opportunity

      3+ Acre Highway Commercial Lot
      137 Hampton House Rd, Newton, NJ 07860
      View Details
    • Contact for pricing
      1.68 Acres

      Newton, NJ Detached Garages

      Two Detached Garages - Lease Available
      3 Hillside Ter, Newton, NJ 07860
      View Details

    FAQs

    What type of property is this?
    Farm - Prime NJ acreage, exceptional privacy, development potential.
    Where is this farm located?
    The property is located at 40 Martin Ln Newton, NJ.
    What is the asking price?
    The asking price for this property is $700,000.
    What are key features of this property?
    This property features: 70-acre Sussex County land parcel, offered for the first time.; Exceptional privacy, surrounded by thousands of acres of state-owned land.; No conservation restrictions; AR zoning allows for residential development (approved plan for 16 lots).
    Request Owner's contact information
    40 Martin Ln Newton, NJ 07860
    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.
    40 Martin Ln
    Newton, NJ 07860
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    40 Martin Ln Newton, NJ 07860
    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
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.