The median home value in Lake Hopatcong, NJ is $246,700.
the county median home value of $374,200.
The national median home value is $170,100.
The average price of homes sold in Lake Hopatcong, NJ is $246,700.
Approximately 81.25% of Lake Hopatcong homes are owned,
compared to 9.03% rented, while
9.72% are vacant.
Lake Hopatcong real estate listings include condos, townhomes, and single family homes for sale.
Commercial properties are also available.
If you see a property you’re interested in, contact a Lake Hopatcong real estate agent to arrange a tour today! Learn more about Lake Hopatcong Real Estate.
For sale, business & property: gas, diesel & propane fueling station + car wash with income from Dunkin’ Donuts/Convenience store. Open 5AM to 11PM, 7 days. Pumping app. 125,000 gallons/month gas & diesel at .15/gallon average pool profit margin (app.
$20,000/month, gross profit). Averaging currently $12,000/month, gross profit, in car washes (1,200/month @ $10, average ticket). Grossing app. $1,000/month (year ‘round average) in propane sales. Collecting $3,000/month rental income from Dunkin’ Donuts/C-store
franchise operator. Station with 2 fueling islands, 4 MPDs (Wayne Ovation II), kiosk, canopy and 33,000 gallons underground storage in 1 x 15k, 1 x 8k and 1 x 10k (diesel) tanks. Store of app. 1,000 square feet and fully automated car wash with stacking capability
for 8 cars. App. 1 acre property with ample parking and outside coin-operated vacuum stations. Property was re-developed in 2007 with new islands, tanks, pumps, store etc. Top-of-the-line improvements, in full compliance with highest EPA standards. Car wash
was added in 2010 and has only been fully operational since the fall of that year. Contract agreement with Shell Oil direct to supply gasoline & diesel at a tank-wagon cost of one penny over rack price + delivery charges. Originally a 10 year agreement, there
are only approximately 6 years remaining. Lease agreement with Dunkin’ Donuts/C-store operator is for 20 years. First 5 years are at $3,000/month + 1/3 property taxes (currently at $20,000, total annual) and tenant’s utilities & insurances. Tenant has been
there now 2 years and will incur 3% annual rental increases every year after year 6 on his lease. Traffic count on Route 15 North averages 21,000 vehicles/day. With proximity of Lake Hopatcong, station is extremely busy in spring & summer. Only 6 months in
operation (nearest competitor is 10 miles away), the car wash is projected, by year’s end to average $20,000/month gross profit. Owner asking $3,000,000, business, equipment & property. Possible financing; up to 50% of purchase price.