40 Martin Ln Newton, NJ 07860
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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.