Property profile

650 Nj-15 Jefferson, NJ 07849

OFF-MARKET
Retail properties & Spaces
1 SF 0.91 ac lot
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Property summary

AI-generated overview

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 profile

Verified
Property type Retail properties & Spaces
Total area 1 SF
Lot 0.91 ac (39,640 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

650 Nj-15 Jefferson, NJ 07849
Jefferson metro
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Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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