102-104 Rt 15 Lafayette Twp., NJ
$ 995,000
Property Attributes
  • MLS#3468114
  • TypeCommercial
  • CountySUSSEX
  • CityLafayette Twp.
  • AreaLafayette Twp.
  • NeighborhoodHeart of historic Lafayette
  • Zip07848
  • StyleStore With Apartment
  • Year Built1850
  • Taxes22147
  • Price$ 995,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms5
  • Sqr Footage8192
  • Lot Size0.5 Acres
Listing Provided Courtesy Of:
Property Description

Welcome to Lafayette & this 3 building downtown complex which is consistently profitable at an impressively high level. Green bldg (102) has 3 retail stores plus 2-1BR & 1-2BR apts. Beige bldg (104) has 2 retail stores (1 is huge) plus 1-2BR apt. Detached stucco rental house (13 Meadows) is 2BR. Constant, fully paid occupancy for retail & apts with waiting list. Cooperative retail arrangement allows store lessees to let space to multiple vendors/artists; everyone is happy and viable. Lots of on & off street parking in this busy crossroads area known for high foot traffic and heavy state highway vehicle count. All the buildings have newer roofs, furnaces, utilities, etc., which, combined with rock-solid financials, will appeal to both investors & owner-occupants. Due diligence will convert interest to offers!

Price History
5/7/2018 Listed $1,050,000
7/18/2019 6% - $995,000

General Features

Construction Wood
Flooring Carpeting, Laminate, Vinyl-Linoleum
Num Apts 5
Tax Annual Amount 22147
Total Units 10
Township Lafayette Twp.
Zoning RO1

Interior Features

Basement Partial, Unfinished, Walkout
Cooling Wall A/C Unit(s), Window A/C(s)
Fuel Type OilAbIn, Electric, GasPropL
Heating Floor/Wall Heater, Radiators - Hot Water, 4 Units, Auxiliary Electric Heat
Num 1 Bdrm Units 2
Num 2 Bdrm Units 3
Num Units W/full Bath 5
Utilities Gas-Propane, Electric

Exterior Features

Building Area Total 8192
Exterior Description Concrete, Wood
Max Ceiling Height 12
Parking/driveway Description Off-Street Parking, On-Street Parking
Roof Asphalt Shingle
Sewer Septic, Private
Water Source Private, Shared Well


  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Master On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Zip Code Average in 07848

AVG $590K
AVG $11,637
AVG 62
Year Built
AVG 1902

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