Financial
Distress signals
Property profile

250 State Rt 23 Franklin, NJ 07416

OFF-MARKET
Commercial real estate
Property ID
US59-2207758
1,800 SF 0.57 ac lot Built 1979
Last sale Sep 2021 · $990,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 4-yr Hold Held for 4 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Mortgages

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

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2022

What does the county charge?
$24k
Tax billed · 2022
Assessed value · 2023$996k
Assessed land$431k
Assessed improvement$565k
Effective rate2.39%

Value estimate

· Sep 2026
$555k
$500k – $611k

Realmo valuation models over county records and 21 qualifying comparable sales.

Recently sold

What actually traded nearby?
$132/SF
ZIP average, outlier-cleaned · 21 recorded sales of this use type
Observed band · Q1–Q3$40 – $274
Qualifying comparables21

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?
HC-1
The intent of this zone is to promote Highway Commercial uses
General categoryCOMMERCIAL
JurisdictionSUSSEX

Location intelligence

Which uses thrive at this corner?
Best fit: Realty agency
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Realty agency13.2
Dental Office12.2
Law Firm11.8

Location

250 State Rt 23 Franklin, NJ 07416-2141
County assessor Recorded deeds · 4 transfers 21 qualifying comp sales 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
175 Main, Franklin, NJ 07416-1564 $550,000 Dec 2024 2,008 SF
3020 State Rt 23, Franklin, NJ 07416-2019 $600,000 Sep 2024 1,972 SF
178 Church, Franklin, NJ 07416-1207 $9,800,000 Mar 2024 960 SF
155 Main, Franklin, NJ 07416-1542 $440,000 May 2023 2,013 SF
3 Rapole, Franklin, NJ 07416-2116 $200,000 Jun 2022 1,820 SF
414 State Rt 23, Franklin, NJ 07416-2118 $215,000 Dec 2021 3,104 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
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