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    Sparta, NJ
    Residential Income

    Sparta, NJ Residential Income Properties for Sale

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    Newton, NJ Freehold, NJ Ogdensburg, NJ Jefferson Twp, NJ Lafayette, NJ Andover, NJ Lake Hopatcong, NJ Franklin, NJ
    Multifamily Property with Lake Views
    Updated: Aug 3
    Multifamily Property with Lake Views

    20 Morris Lake Rd, Sparta, NJ 07871

    $785,000
    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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    Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
    Based on your search, we've compiled 10 Potential Opportunities for your consideration. Besides 1 Active listings in Sparta, NJ, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 1 Off-Market properties to explore as potential leads, plus 4 Land Listings that present a potential for development.

    Opportunities in Nearby Cities

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

    Waterfront Land with Two Buildable Lots
    Waterfront Land with Two Buildable Lots

    5 Oneida Ave, Hopatcong, NJ 07843

    $775,000
    0.42 AC lot

    Combined 0.42-acre waterfront holding includes a home on the lake plus a separate buildable lot behind the driveway.

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    Side-by-Side Duplex
    Side-by-Side Duplex

    11 Mabie Street, Franklin, NJ 07416

    $399,900
    0.12 AC lot

    Two vacant residences provide separate utilities, distinct heating systems, and flexible occupancy options for an owner or landlord.

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    Two-Family Duplex with In-Law Suite
    Two-Family Duplex with In-Law Suite

    11 Mabie St, Franklin, NJ 07416

    $469,900
    0.12 AC lot

    Two fully rented units, plus in-law suite, detached garage.

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    Lots and Land, Hopatcong Boro, NJ
    Lots and Land, Hopatcong Boro, NJ

    22 Ithanell Rd, Hopatcong, NJ 07843

    $1,500,000
    1.08 AC lot

    Waterfront Land · 1.08 Acres

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    Potential Development Sites for Consideration

    Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

    Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

    Development Land in Sparta Township
    Development Land in Sparta Township

    16 Main St, Sparta, NJ 07871

    $495,000
    0.75 AC lot

    0.75-acre site on Main Street near amenities, positioned for condominium development or alternative subdivision plans.

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    Land with Lakes and Streams
    Land with Lakes and Streams

    466 Sparta Ave, Sparta, NJ 07871

    $1,995,000
    32.55 AC lot

    Land parcel with lakes and streams, suited for residential or commercial development under RR zoning.

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    Residential Land Parcel for Build
    Residential Land Parcel for Build

    35 Mountain Trl, Hopatcong, NJ 07843

    Contact for pricing
    0.35 AC lot

    A 0.35-acre residentially zoned parcel near Lake Hopatcong, suited for a single-family or vacation build (verify requirements).

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    Residential Building Lot in Hardyston
    Residential Building Lot in Hardyston

    Hamburg, NJ 07419

    $250,000
    1.33 AC lot

    1.33 acre residential building lot in Emerald Estates.

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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
    View details

    Sparta, NJ Residential Income Properties Market Trends and Statistics

    Explore 2 residential income 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 $785,000.

    Sale prices for residential income properties in Sparta, NJ average $785,000 — 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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    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Multifamily properties 1

    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 $785K

    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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