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    1376 State Rte, Unit 23 Butler, NJ

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    For Lease
    $17 SF/Yr ($5,071 /Mo)

    3,580 SF retail space suitable for various businesses.

    Property size:
    3,580 SF
    Lot size:
    0.69 Acres

    Property Features for 1376 State Rte

    General Information

    Size
    3,580 SF
    Lot size
    0.69 Acres

    Source: Newmark & Associates, Inc. Agent Helene Elbaum

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

    Overview

    Retail Space with Flexible Floorplan

    This property offers approximately 3,580 square feet of retail space featuring a flexible floor plan. The layout includes an entry showroom or multi-purpose area, offices, and storage or inventory rooms. It is equipped with an overhead loading door for convenient access. The space contains two restrooms and multiple entrances. This property is suitable for retail, fitness, personal services, pet grooming, dance, music, food preparation, or karate businesses.
    Location Intelligence

    Current Use by Public Records

    Retail space

    Map

    City
    Butler
    County
    Morris
    State
    New Jersey
    Longitude
    -74.3415394
    Latitude
    41.0037087

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    FAQs

    What type of property is this?
    Retail space - 3,580 SF retail space suitable for various businesses.
    Where is this retail space located?
    The property is located at 1376 State Rte, Unit 23 Butler, NJ.
    What is the lease rate?
    The lease rate is $17 SF/Yr.
    What are key features of this property?
    This property features: - Approx 3,580 SF of flexible space suitable for various business types.; - Flexible Floor Plan w/ Entry Showroom/Multi-Purpose Offices, Storage/Inventory Rooms.; - Overhead Loading Door Access for convenient deliveries and operations.
    (201) 320-3430
    Request Owner's contact information
    1376 State Rte, Unit 23 Butler, NJ
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    Butler, NJ
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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
    1376 State Rte, Unit 23 Butler, NJ
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