Property profile

1414 State Rt 23 Butler, NJ 07405

OFF-MARKET
Commercial real estate
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Property ID
US59-1579922
225 SF 4.81 ac
Last sale Jun 2023·$1,840,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 3-yr Hold Held for 3 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
Market Trends Soon

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2022

What does the county charge?
$50k
Tax billed · 2022
Assessed value · 2023$1.90M
Assessed land$1.71M
Assessed improvement$189k
Effective rate2.64%

Value estimate

· Nov 2026
$2.12M
$1.90M – $2.33M
AI approach$2.07M

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$209/SF
ZIP average, outlier-cleaned · 43 recorded sales of this use type
Observed band · Q1–Q3$137 – $298

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

What can be built here?
R-4
To provide an area for high density single family detached homes. This District also serves as a transition zone between the medium and l...
General categoryCOMMERCIAL
JurisdictionMORRIS

Location intelligence

Which uses thrive at this corner?
Best fit: Hair Salon
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Hair Salon13.7
Law Firm13.3
Parking Facility10.7

Location

1414 State Rt 23 Butler, NJ 07405
County assessor Recorded deeds · 4 transfers Qualifying comp sales · not on file Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 6 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
170 Kinnelon, Kinnelon, NJ 07405-2347 $230,000 Sep 2025 370 SF
15 Kiel, Kinnelon, NJ 07405-2565 $100,000 Sep 2025 1,134 SF
19 Sleepy Holw, Butler, NJ 07405 $386,000 Feb 2025 1,260 SF
9 Main, Butler, NJ 07405-1005 $1,300,000 Dec 2024 1,664 SF
38 Lincoln, Butler, NJ 07405-1802 $800,000 Dec 2023 1,952 SF
11 Arch, Butler, NJ 07405-1072 $450,000 Nov 2023 2,216 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
Research This Page with AI

Rey answers here. ChatGPT, Grok and Claude get the same data packet.

Includes: Price & PSF · Cap rate · Location · Zoning

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