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    1250 State Rt 23 Butler, NJ 07405

    For Lease
    Contact for pricing

    Two-story office building with on-site parking and management.

    Property size:
    600 SF
    Lot size:
    1.52 Acres

    Property Features for 1250 State Rt 23

    General Information

    Size
    600 SF
    Lot size
    1.52 Acres

    Source: Newmark & Associates, Inc. Agent Mary Swatek

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Two-Story Brick Office Building

    This two-story brick building offers approximately 12,800 square feet of space. It features on-site overnight parking and pylon signage. On-site management is available. The building is equipped with rooftop solar panels. The property is located on Route 23, near Routes 287 and 202, providing access to Routes 80 and 46. It is conveniently located near restaurants, shopping, and banking.
    Insight Report Location Intelligence

    Current Use by Public Records

    Office buildings

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Butler
    County
    Morris
    State
    New Jersey
    Longitude
    -74.341407
    Latitude
    40.991384

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    FAQs

    What type of property is this?
    Office building - Two-story office building with on-site parking and management.
    Where is this office building located?
    The property is located at 1250 State Rt 23 Butler, NJ.
    What are key features of this property?
    This property features: - Located on Route 23 near Routes 287 and 202 with access to Routes 80 and 46; - Two story brick building +/- 12800 sf; - Rooftop solar panels
    (201) 914-4048
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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
    1250 State Rt 23 Butler, NJ 07405
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