Multifamily

Sparta, NJ Multifamily Properties for Sale

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Multifamily Property with Lake Views
Updated: Aug 3
Multifamily Property with Lake Views

20 Morris Lake Rd, Sparta, NJ 07871

$850,000
7,800 sqft 1.50 AC lot
Approximately 7,800 sq ft of living space across 4 stories
6 bathrooms within the unfinished residential layout
1.5‑acre property at 20 Morris Lake Rd
Approximately 79% renovation completion
Lake views through large windows
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1 active listing matches your search: Multifamily for sale in Sparta, NJ. Based on your search, we've also compiled 5 Potential Opportunities for your consideration: 4 properties in nearby cities and 1 off-market property to explore as potential leads.

Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

Three-Story Duplex with Lake Views
Three-Story Duplex with Lake Views

100 Shore Rd, Jefferson Twp, NJ 07849

$599,000
2,016 sqft 0.18 AC lot

Two-unit residence with a garage, laundry area, deck, and on-site parking across from preserved town property.

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Duplex with Upper-Level Deck
Duplex with Upper-Level Deck

100 Shore Rd, Jefferson Twp, NJ 07849

$599,000
2,016 sqft

Two separate units offer rental income potential, with one currently vacant and the other occupied month-to-month.

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Two-Unit Duplex with Deck
Two-Unit Duplex with Deck

54 Main St, Ogdensburg, NJ 07439

$449,000
0.27 AC lot

Separate kitchens and living rooms provide distinct spaces for each household.

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2-Unit Duplex with Fenced Yard
2-Unit Duplex with Fenced Yard

54 Main St, Ogdensburg, NJ 07439

$449,000

Separate three-bedroom and two-bedroom residences each include a kitchen and full bath.

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Off-Market Properties in Sparta, NJ

Consider similar Off-Market properties in Sparta, NJ. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

120 Main St
APARTMENT HOUSE (UNDER 5 UNITS)

120 Main St, Sparta, NJ 07871

Estimated value:
$455,000
5,529 sqft 0.18 AC lot
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Sparta, NJ Multifamily Properties Market Trends and Statistics

Explore 2 multifamily properties for sale in Sparta, NJ on our real estate platform. These investment opportunities span a total of 7,800 square feet of properties for sale, with an estimated market value of $850,000.

Sale prices for multifamily properties in Sparta, NJ average $850,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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Demographics Overview

Population 21K
Population Growth (5Y) +4.5%
Median Household Income $167,443
College Educated 86.7%

High-Yield Neighborhoods for Investment

Identify Sparta submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

Neighborhood Average Price
07871 $850K

Taxes & Financing

Tax Rate (average for all types) 3.42%
Property Tax per SF $68.73 per SF
Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Sussex County

New Delisted

Total CRE Inventory on Market (SF)

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