Located in Hopatcong, New Jersey, 12 w river spyx rd 07843 (zip code 07843) is a property that garners attention for its prime location and unique attributes. This article provides a detailed review of the property, its features, surrounding area, and insights into its potential uses or significance within its community.
Property Overview
Address: 12 W River Styx Rd, Hopatcong, NJ 07843
Property Type: Mixed-use (Commercial/Residential)
Lot Size: Varies (Check with local municipal records for exact dimensions)
Zoning: Mixed-use zoning, allowing for commercial and residential applications.
This property is situated in the vibrant heart of Hopatcong and offers proximity to Lake Hopatcong, New Jersey’s largest freshwater lake. The location is ideal for businesses seeking visibility and foot traffic, as well as residents desiring a scenic and lively neighborhood.
Key Features of the Property
- Strategic Location
- Directly connected to local roads and close to major highways, including Route 80 and Route 10.
- Offers easy access to Lake Hopatcong’s recreational areas, marinas, and dining establishments.
- Potential Uses
- The property can be utilized for various purposes:
- Retail Businesses: A boutique, café, or specialty store.
- Professional Offices: Suitable for law firms, medical practices, or other professional services.
- Residential Options: Ideal for apartments or short-term rental units given its scenic proximity to the lake.
- The property can be utilized for various purposes:
- Building Specifications
- The building’s design may include multiple levels, with commercial spaces on the ground floor and potential residential or office spaces above.
- Ample parking availability, although specifics depend on property improvements and zoning compliance.
- Scenic Appeal
- The property benefits from the charm of the nearby lake, attracting seasonal visitors and locals alike.
Surrounding Area Highlights
- Lake Hopatcong
The largest lake in New Jersey, Lake Hopatcong is a hub for water sports, fishing, and boating activities. Properties near the lake tend to have high demand due to their proximity to recreational opportunities. - Community Amenities
- Nearby schools, parks, and public services add convenience for families and professionals.
- Dining options along River Styx Rd provide a vibrant social scene, with a mix of casual and fine-dining restaurants.
- Transportation
- Public transit options are limited, but the area is easily navigable by car.
- Close to the NJ Transit system for extended regional connectivity.
Market and Investment Potential
- Real Estate Trends
- Hopatcong’s real estate market is on the rise, driven by demand for properties close to recreational hotspots.
- Mixed-use properties, such as 12 W River Styx Rd, offer dual-income potential through residential and commercial tenants.
- Business Growth Opportunities
- Seasonal tourism around Lake Hopatcong boosts potential customer foot traffic.
- Diverse zoning permits creative investment strategies.
- Pricing Insights
- Current market evaluations should be verified with local real estate agents.
- Nearby properties have demonstrated steady appreciation, suggesting this location holds long-term value.
Challenges and Considerations
- Zoning Compliance
Prospective buyers or investors must verify zoning regulations and restrictions through the Hopatcong Municipal Office. - Seasonal Dynamics
While the location thrives in summer months due to lake-related tourism, it may experience reduced activity in off-season periods. - Maintenance Needs
Older structures in the area may require renovations or updates to align with modern safety and accessibility standards.
Conclusion
12 W River Styx Rd, 07843, stands out as a property with immense potential, blending residential and commercial opportunities in a scenic and dynamic locale. Whether you’re looking to establish a business, invest in real estate, or simply enjoy the vibrant community around Lake Hopatcong, this address offers a promising gateway.
For more information or to schedule a visit, consider consulting local real estate agencies familiar with the Hopatcong market.
