172 Rt15, Lafayette, NJ 07848

Lafayette
Local realty services provided by:Better Homes and Gardens Real Estate Realty Connect
172 Rt15,Lafayette Twp., NJ 07848
$1,500,000
  • 15.8 Acres
  • Lots / Land
  • Active
Listed by: kyle r. kerwin
Office: re/max select973-625-0450
MLS#:4047195
Source:NJ_GSMLS

Price summary

  • Price:$1,500,000

About this home

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...

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Home facts

  • Listing ID #:4047195
  • Added:57 day(s) ago
  • Updated:October 13, 2026 at 02:40 PM

Structure and exterior

  • Lot area:15.8 Acres

Finances and disclosures

  • Price:$1,500,000
  • Tax amount:$316 (2025)
The data relating to real estate for sale on this website comes in part from the IDX Program of Garden State Multiple Listing Service, L.L.C. Real estate listings held by other brokerage firms are marked as IDX Listing. Information deemed reliable but not guaranteed. 2026 Garden State Multiple Listing Service, L.L.C. All rights reserved. Notice: The dissemination of listings on this website does not constitute the consent required by N.J.A.C. 11:5.6.1 (n) for the advertisement of listings exclusively for sale by another broker. Any such consent must be obtained in writing from the listing broker. This information is being provided for Consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties Consumers may be interested in purchasing. Date Last Updated October 13, 2026

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