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Commercial Sale For Sale

172 Rt15, Lafayette Twp., NJ 07848-2609

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Property Description

Rare 15-Acre Highway Commercial & Residential Development Opportunity on Route 15An exceptional opportunity to acquire approximately 15 acres along the highly traveled Route 15 corridor in Lafayette Township, offering a unique combination of Highway Commercial and residential zoning, substantial road frontage, and existing income.The property features approximately 690 feet of frontage on Route 15 plus an additional 958 feet along Statesville Quarry Road, providing outstanding visibility and access potential. Approximately 5 acres are zoned Highway Commercial, while the remaining 10 acres are zoned for 5-acre residential use, creating multiple possibilities for commercial development, investment, residential subdivision, or a combination of uses, subject to municipal approvals.Adding immediate value is an existing Lamar Advertising billboard lease generating annual income, with contractual annual increases. The billboard has maintained a presence at the property for approximately 60 years and provides income from day one while a buyer holds, plans, or pursues approvals for the property.With nearly 1,650 feet of combined road frontage, established highway exposure, dual zoning, and income already in place, this is a distinctive offering in a market where comparable large development parcels are increasingly difficult to find.Ideal for developers, investors, commercial users, builders, or buyers seeking a long-term land investment with multiple potential paths forward.

Basic Details
Property Type:
Commercial Sale
Listing Type:
For Sale
Listing ID:
4047196
Price:
$1,500,000
Year Built:
9999
Lot Area:
15.61 Acre
Status:
Active
Office Name:
RE/MAX SELECT
Agent Name:
KYLE R. KERWIN
Property Sub Type:
See Remarks
Roof:
See Remarks
Features
Heating System:
See Remarks
Cooling System:
See Remarks
Sewer:
See Remarks
Utilities:
See Remarks
Address Map
Country:
US
State:
NJ
County:
Sussex
City:
Lafayette Twp.
Zipcode:
07848-2609
Street:
Rt15
Street Number:
172
Longitude:
W75° 17' 57.9''
Latitude:
N41° 6' 28.8''
Directions:
Statesville quarry road to RT 15
Zoning:
HC
Additional Information
Lot Size Dimensions:
15.61 ACS
Water Source:
See Remarks
Financial
Tax Annual Amount:
316
Listing Information
List Agent Mls Id:
408011
List Office Mls Id:
158125
Mls Status:
Active
Modification Timestamp:
2026-08-17T08:55:20Z
Originating System Name:
gsmls
Commercial Sale For Sale
Listing ID:
4047196
Lot Area:
15.61 Acre
$1,500,000
Agent info
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