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Incredible Package Deal! This rare opportunity to acquire a high-visibility corner commercial property with excellent redevelopment potential plus an adjacent single-family home that can generate extra land or rental income. Located in a rapidly growing corridor of Budd Lake, NJ, This unique offering includes a Corner Retail Building on a 276' x 148' lot and a Single-Family Residence (next door) at 48 Old Budd Lake Rd on a 75' x 155' lot. Key Highlights: High-traffic location with strong local demographics, Single-Story Commercial Building with open layout " easily adaptable for retail or office use, Full Walkout Basement for storage or delivery access, Surrounded by Growth " new apartments, retail condos & a supermarket under construction. No plans approved, Perfect blank canvas for high-end retail or mixed-use development. Whether you're a developer, investor, or end-user, this is a golden opportunity to secure your place in a market on the rise. Don't miss this rare, flexible investment opportunity in one of Morris County's most active redevelopment zones. The survey is available.
| DAYS ON MARKET | 1 | LAST UPDATED | 6/25/2025 |
|---|---|---|---|
| YEAR BUILT | 1940 | COMMUNITY | Mount Olive |
| GARAGE SPACES | 24.0 | COUNTY | Morris |
| STATUS | Active | PROPERTY TYPE(S) | Commercial |
| ADDITIONAL DETAILS | |
| AIR | Central Air |
|---|---|
| AIR CONDITIONING | Yes |
| AREA | Mount Olive |
| BASEMENT | Unfinished, Walk-Out Access, Yes |
| CONSTRUCTION | Wood Siding |
| GARAGE | Yes |
| HEAT | Forced Air, Oil |
| LOT | 0.84 acre(s) |
| LOT DESCRIPTION | Corner Lot |
| SEWER | Public Sewer |
| STORIES | 1 |
| TAXES | 21135 |
| WATER | Well |
| ZONING | Retail |
MORTGAGE CALCULATOR
TOTAL MONTHLY PAYMENT
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Listed with KELLER WILLIAMS CITY VIEWS REALTY
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