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Development Opportunity on Lakeside Blvd 3 Properties Offered at $2,400,000 in Hopatcong, NJ

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INVESTMENT HIGHLIGHTS

  • Great Location Near Lake Hopatcong
  • Prime Lakeside Blvd Road Frontage
  • Development Friendly - Borders Morris and Sussex Counties
  • Sewer, Water and Natural Gas in the Street
  • Corner Traffic Light
  • Apartments in High Demand

EXECUTIVE SUMMARY

Ideal location along Lakeside Blvd in Hopatcong with almost 6 acres on 3 contiguous lots with
a hard corner traffic light.
Ideal for redevelopment such as Apartments / Multi Family, Retail, Mixed Use, Hotels, Assisted Living and more.
Two of the properties are zoned B-2 the other is R-2.
The site is currently yielding approximately $3000 per month from vehicle parking which will cover carrying costs.
Sewer, Water and Natural Gas in the street.

PROPERTY FACTS

Price $2,400,000
Price / SF $731.26 / SF
Sale Condition Redevelopment Project
Sale Type Investment or Owner User
Status Active
Number of Properties 3
Individually For Sale 0
Total Building Size 3,282 SF
Total Land Area 5.82 AC

PROPERTIES

PROPERTY NAME / ADDRESS PROPERTY TYPE SIZE YEAR BUILT INDIVIDUAL PRICE
8 Lakeside Blvd, Hopatcong, NJ 07843 Land 4.17 AC - -
6 Lakeside Blvd, Hopatcong, NJ 07843 Land 1.15 AC - -
2 Lakeside Blvd, Hopatcong, NJ 07843 Multifamily 3,282 SF 1980 -
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  • Listing ID: 32247216

  • Date on Market: 6/25/2024

  • Last Updated:

  • Address: Development Opportunity on Lakeside Blvd, Hopatcong, NJ

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