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Property profile & analytics
OFF-MARKET
Commercial real estate

40 Martin Ln Newton, NJ 07860

70 ac lot
Property ID
US59-1043918
Property summary
AI-generated overview

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 profile
Verified
Property type Commercial real estate
Lot 70 ac (3,049,200 SF)
UPID US59-1043918
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Comparable Approach Comparable
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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