Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Sold
    • Property Lookup
    • Brokers
    6 Oxbow Ln Franklin, NJ 07416

    Property Lookup

    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    6 Oxbow Ln Franklin, NJ 07416

    View on Map
    • Office properties & Spaces
    Off-Market
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Office properties & Spaces

    Property Details for 6 Oxbow Ln

    Property type
    Office properties & Spaces

    Description

    This exceptional 1,000 square foot traditional office condo is located at 6 Oxbow Lane in Franklin, New Jersey, within Sussex County (zip code 07416). The single-tenant space is situated on the first floor and presents a versatile layout perfect for a variety of professional uses, including medical practices, legal offices, insurance agencies, or sales businesses. The unit boasts a spacious reception or waiting area, creating a welcoming atmosphere for clients. There are three to four exam rooms or private offices, providing ample space for individual work or consultations. A convenient kitchen, restroom, and ample closet/storage space are also included. Multiple entrances enhance accessibility and convenience. The property's location in Franklin offers easy access to local amenities and transportation routes. This is a fantastic opportunity to secure a well-appointed and functional office space in a desirable location. Contact us today to inquire about pricing and schedule a viewing.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Franklin
    County
    Sussex
    State
    New Jersey
    Longitude
    -74.6116
    Latitude
    41.1325

    Comparable in this City

    • Value Estimation by Request

      68 Nj-23

      Office Units
      68 Nj-23, Franklin, NJ 07416
      View Details
    • Value Estimation by Request
      1,158 SF

      418 State Rt 23

      CONDOMINIUM OFFICES • 1,158 SF
      418 State Rt 23, Franklin, NJ 07416-2120
      View Details
    • Value Estimation by Request
      1,281 SF

      418 State Rt 23

      CONDOMINIUM OFFICES • 1,281 SF
      418 State Rt 23, Franklin, NJ 07416-2120
      View Details
    • Value Estimation by Request
      1,347 SF

      418 State Rt 23

      CONDOMINIUM OFFICES • 1,347 SF
      418 State Rt 23, Franklin, NJ 07416-2120
      View Details
    • Value Estimation by Request
      1,604 SF

      53 Main St

      DENTAL BUILDING • 1,604 SF
      53 Main St, Franklin, NJ 07416-1422
      View Details
    • Value Estimation by Request
      1,568 SF

      392 State Rt 23

      OFFICE BUILDING • 1,568 SF
      392 State Rt 23, Franklin, NJ 07416-2164
      View Details

    Similar Nearby for Sale

    • $525,000
      3,500 SF

      Highway Commercial Zone Investment Opportunity

      3500 SF building with two rented units for income.
      165 State Rt 23, Franklin, NJ 07416
      View Details
    • $379,500
      3,000 SF

      Mixed-Use Property in Hardyston Twp.

      Residential/commercial property with apartment and separate medical office entrance.
      3200 State Rt 94, Franklin, NJ 07416
      View Details
    • $499,900
      3,500 SF

      Highway Commercial Investment Opportunity

      3500 SF building with two rented units on 1.01 acres.
      165 State Rt 23, Franklin, NJ 07416
      View Details
    • $469,900

      Two-Family Duplex with In-Law Suite

      Two fully rented units, plus in-law suite, detached garage.
      11 Mabie St, Franklin, NJ 07416
      View Details
    • $125,000
      0.71 Acres

      Land for New Home Construction

      Over 0.7 acre lot approved for building a home.
      111 Munsonhurst Rd, Franklin, NJ 07416
      View Details
    • $209,000
      1.13 Acres

      Residential Land in Deerfield Estates

      Residential land available in desirable Deerfield Estates Community.
      2 Fieldstone Ln, Franklin, NJ 07416
      View Details

    Similar Nearby for Lease

    • $3,800 /Mo

      Versatile Commercial Building for Lease

      3,328 SF commercial building with flexible HC-2 zoning.
      137 S Rutherford Ave, Franklin, NJ 07416
      View Details
    • $1,650 /Mo
      48,000 SF

      Office Space in Franklin Boro

      Built-to-suit office space with multiple offices and amenities.
      12 Cork Hill Rd, Franklin, NJ 07416
      View Details
    • $2,100 /Mo
      43,996 SF

      Franklin Boro Commercial Space Available

      Highly visible commercial space suitable for various business types.
      165 State Rt 23, Franklin, NJ 07416
      View Details
    • $1,650 /Mo
      2,226 SF

      Office Space Ready For Rent

      Built to suit office space available for new tenants.
      12 Cork Hill Rd, Franklin, NJ 07416
      View Details
    • $875 /Mo
      8,276 SF

      Renovated Office Suites on Route 23

      Furnished, renovated office suites with utilities included on Route 23.
      385 State Rte 23, Franklin, NJ 07416
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    6 Oxbow Ln
    Franklin, NJ 07416
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!