$995,000 102-104 Rt 15 Lafayette Twp., NJ

ML: 3468114   Type: Commercial   County: Sussex   City: Lafayette Twp.   Neighborhood: Heart Of Historic Lafayette   Zip: 07848   Style: Store With Apartment     Stories: 3   Taxes: $22,147

Mortgage $4,671 /mo



Half Baths

Sqr Footage









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!

Elementary School

Middle School

High School

Click Here
Distance: N/A Miles
Click Here
Distance: N/A Miles
Click Here
Distance: N/A Miles

Price History

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

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
Max Door Height 0
Number Of Bays 0
Number Of Docks 0
Number Of Doors 0
Parking/driveway Description Off-Street Parking, On-Street Parking
Roof Asphalt Shingle
Sewer Septic, Private
Water Source Private, Shared Well

Property Schools

Direct Link:


Gallery (14 photos)

Ask Your Agent a Question

Property vs Zip Code Avg (07848)

Price 995K Avg 592K

Sqr Feet 8,192 Avg 3,436

Cost / Sqr Ft $121 Avg $173

Taxes $22,147 Avg $11,637

Acres 0.5 Avg 7.28

Visits 163 Avg 62

Days on Site 695 Avg 406

Ask How to Finance this Property

Download Our Mobile App

Download Millions Mapped

Listing Provided Courtesy Of: WEICHERT REALTORS

Back to Search

Chat is Now Online! Ask Away!

Find Your Home's Value Instantly

Saved Properties

This is a list of your favorite properties. We will email you if a property is reduced or leaves the market.

Click 'Save' to add a property to this list.

Register / Login

New & returning visitors please enter your information to login.

By clicking 'register' you are agreeing to our terms of use & giving us expressed written consent to contact you.

Questions? Comments? Complaints?

This message will go directly to the head of our team.

Location & Address

A.W. Van Winkle & Co Est. 1692
2 Station Square
Rutherford, NJ

Other Locations