FOR SALE:
466 Sparta Ave
Sparta, NJ (& Andover, NJ)
https://maps.app.goo.gl/exWzTdKc9RYsM5Ps8
108 Acres under the current approved 10-year NJ Forestry program. Farmland assessed. Billboard lease on small northern section of property through 4/30/2034. Billboard lease income pays the property taxes to Sparta and Andover.
3D Aerial topographical survey by Robinson Aerial Surveying
Existing grandfathered road entrance from Newton-Sparta Rd (County Rd 616)
Approved in 2024 for redevelopment by Andover Township. Andover Township is not governed under the Highlands Act.
Property held in Ten Alp Park LLC. Ideally, the land will be sold via a quick sale of the single-member NJ LLC with no employees, no liabilities, no bank accounts, and the only asset is the land and the assigned billboard lease. Contact robert@planet.net or 973-214-3626 (call or text) to make an offer.
Documents
January 2024 Appraisal
January 2024 Redevelopment Study
Andover Billboard Lease Amendment 1
2024 New 10 Year Forest Stewardship Plan
2025 Farmland Assessment - Andover
2025 Farmland Assessment - Sparta