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    1375 State Rt 23 Butler, NJ 07405

    For Lease
    $1,200 /Mo ($1.82 SF/Yr)

    Commercial - Butler Boro, NJ

    Property size:
    7,914 SF
    Lot size:
    0.54 Acres
    Days on Market:
    88
    Last Refresh:
    Dec 5 at 9:06 pm

    Property Features for 1375 State Rt 23

    General Information

    Property type
    Commercial Lease
    Property subtype
    Other
    Standard status
    Active
    Zoning
    Commercial
    Parking features
    Parking Lot
    Size
    7,914 SF
    Lot size
    0.54 Acres

    Building Details

    Year built
    1975
    Number of units
    6
    Flooring type
    Carpet
    Building materials
    Concrete
    Architectural style
    Other

    Keller Williams Cornerstone Realty (908) 359-0893 [email protected]

    Listing agent ANNIE LEE (908) 359-0893

    Listing date Sep 9, 2025

    MLS# 3985835 Listing URL

    Copyright © 2025 Garden State MLS, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Highway 23 Commercial Space

    This commercial space is located in Butler Boro, New Jersey. The property, zoned for commercial use, offers approximately 1,000 square feet of workspace with two offices. Large windows provide natural light. The property includes ample parking spaces and is situated in a prime location directly on Highway 23. The lot size is 0.54 acres and the building size is 7,914 square feet.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Office space

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Butler
    County
    Morris
    State
    New Jersey
    Longitude
    -74.3513
    Latitude
    40.99543

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    FAQs

    What type of property is this?
    Office space - Commercial space on Highway 23 with ample parking.
    Where is this office space located?
    The property is located at 1375 State Rt 23 Butler, NJ.
    What is the lease rate?
    The lease rate is $1.82 SF/Yr.
    What are key features of this property?
    This property features: - Prime location on Highway 23; - Unbeatable price; - Boasting almost 1,000 square feet of workspace
    (908) 359-0893
    Request Owner's contact information
    1375 State Rt 23 Butler, NJ 07405
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    Butler, NJ 07405
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1375 State Rt 23 Butler, NJ 07405
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