Listing Agency: KELLER WILLIAMS PROSPERITY REALTY

Listed By: WALTER WEISS 973-696-0077 Show Phone

Source: Brentsellsnj

Added: Sep 23 Changed: Oct 11 Last Checked: Oct 12 at 8:17PM

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Investment Insights

Based on property information with market context.

This office condominium sale includes three units conveyed together on one deed. Unit 5 is fully rented. The property is in the Kinnelon Professional Complex, near Route 23, and parking is available.

Key Highlights

• Three office units conveyed on one deed
• Unit 5 is fully rented
• Located near Route 23

Property Analytics

Current Use

Office Units

Suggested Use

Top Pick Auto Repair Shop Restaurant Real Estate Agency Building Supply Hair Salon Law Firm

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

3

Office units

Location Intelligence

Trade Area within ½ mile

175

Businesses Nearby

Explore this area Business Placement

Demographics for 07405, NJ

17,910

Population

6,990

Households

2.6

Avg Household Size

43

Median Age

57%

College-Educated

96%

High-School Grad

19.8 sq mi

ZIP Area

905

Density / Sq Mi

$127,500

Median Household Income

$69,919

Median Earnings

$1,526

Median Rent

$552,500

Median Home Value

Market

Vacancy Rate% for Office in Northeast region

13.1% 2019

15.4% 2020

17.6% 2021

19.1% 2022

20.2% 2023

20.9% 2024

19.9% 2025

Questions? Ask Rey

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What type of property is this? Where is this office units located? What is the asking price? Find similar properties What are key features of this property?

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Frequently Asked Questions

What type of property is this?

Office units - Unit 5 is fully rented within a three-unit offering conveyed under one deed.

Where is this office units located?

The property is located at 170 Kinnelon Rd Unit 5/5m/5t Butler, NJ.

What is the asking price?

The asking price for this property is $139,000.

What are key features of this property?

This property features: Three office units conveyed on one deed; Unit 5 is fully rented; Located near Route 23