Listed by Kyle Kerwin — The Land Man NJ  ·  RE/MAX Select  ·  (973) 874-2958
For Sale — Lafayette, NJ · Two-Lot Package

172 Route 15 & 10 Statesville Quarry Road
Lafayette, New Jersey

Sold together as a package · Sussex County
$1,500,000
Both lots included in one offering · ±17.29 combined gross acres
Gross Acreage
±15.61 ac
+ ±1.68 ac parcel
Route 15 Frontage
~690 ft
Quarry Rd Frontage
±958 ft
Zoning
HC + R-5.0
💰 Billboard Income — In Place Now Substantial yearly income with annual escalation · offsets holding costs during entitlement

A Rare Mixed-Use Land Opportunity on Route 15

172 Route 15 offers a combination you rarely see in northern New Jersey: significant highway-commercial frontage on one of Sussex County's busiest travel corridors, residential backland, dual road access, and in-place lease income — all in a single offering.

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Highway Commercial Frontage

~690 ft on Route 15 with ±5 acres of HC zoning. Broad permitted uses including retail, restaurant, office, and more.

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Residential Backland

±10.6 acres zoned R-5.0, suggesting potential for ~2 conventional five-acre lots (subject to constraints and approvals).

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Dual Road Exposure

±958 ft of frontage on Statesville Quarry Road in addition to Route 15 access — two entry points for development.

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Multiple Investment Paths

Develop commercial, develop residential, sell off pads, or hold while collecting billboard income during planning. Flexibility is the asset.

Two Zones, Two Opportunities

The property straddles two districts. The HC portion fronts Route 15 and allows a wide range of commercial development. The R-5.0 portion provides residential depth.

HC — Highway Commercial

±5.0 Acres
Min. Lot Area3 acres
Min. Frontage200 ft
Max Building20,000 sq ft
Max FAR0.20
Max Height35 ft
Max Coverage50% unconstrained

R-5.0 — Residential

±10.6 Acres
Min. Lot Area5.0 acres
Min. Frontage300 ft
Min. Lot Width250 ft
Max Height35 ft
Max Coverage10%
Potential Yield~2 lots*

*Screening estimate only. Actual yield subject to wetlands, geometry, frontage, well/septic suitability, and subdivision approvals. Not a represented yield.

Parcel Information

Lot 1 Address172 Route 15, Lafayette, NJ
Lot 2 Address10 Statesville Quarry Road, Lafayette, NJ
CountySussex County, New Jersey
Lot 1 Block/LotBlock 18, Lot 14.02 (±15.61 ac gross)
Lot 2 Block/LotBlock 19, Lot 18 (±1.676 ac gross)
Total Gross Acreage±17.286 acres combined (before ROW exceptions)
Net Deed Area±14.435 ac (principal) after stated ROW exceptions
Route 15 Frontage~690 ft (buyer to verify)
Statesville Quarry Rd Frontage±958 ft per deed
Farmland AssessmentCurrently enrolled — rollback taxes are buyer's responsibility if assessment is removed
Billboard IncomeSubstantial annual income with yearly escalation (details available upon request)
ElectricJCP&L (reported)
GasElizabethtown Gas (reported)
Public Water / SewerNot shown — buyer to verify
Offering Price$1,500,000

⚠️ Farmland Assessment — Important Buyer Notice

This property is currently enrolled in New Jersey's Farmland Assessment program, which provides a significantly reduced property tax rate. If a buyer chooses to remove the property from farmland assessment — whether for development, change of use, or any other reason — the buyer will be solely responsible for all rollback taxes.

Route 15 Corridor, Lafayette Township

Situated along one of Sussex County's primary commercial travel routes, with easy access to Route 206 and I-80.

Talk to Kyle Kerwin Directly

Kyle will answer your questions on zoning, access, due diligence, and next steps. No runaround, no middleman.

Kyle R. Kerwin
Land Sales Specialist · RE/MAX Select | MorrisAgent Team · NJ License #2550092
Property and zoning information is provided for investment evaluation purposes only. Buyers should independently verify all acreage, zoning designations, utility availability, environmental conditions, access, wetlands, Highlands Act classification, development yield, and governmental approvals. Zoning summaries are based on available code and are not zoning determinations or representations of approved use. Billboard income and utility descriptions are sourced from seller marketing materials and property-data sources and are not independently verified. The residential lot yield noted is a screening observation only — not a represented subdivision yield. Each RE/MAX office is independently owned and operated. Equal Housing Opportunity. © 2026 Kyle R. Kerwin · The Land Man NJ.
📞  Call Kyle — (973) 874-2958