15-17 Vly Rd 17 Butler, NJ 07405-1717
2 One family dwellings shall meet the requirements of R-2 Residence District 3 Low and moderate income units only may be apartments 4 Townhouses permitted in R-2 and R-3 Districts only 5 Townhouses permitted only on properties containing at least five acres 6 Only as a secondary use in connection with an institutional use. 7 Drive-up facilities only as condi…
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2022Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
R-2 · Butler, NJ2 One family dwellings shall meet the requirements of R-2 Residence District 3 Low and moderate income units only may be apartments 4 Townhouses permitted in R-2 and R-3 Districts only 5 Townhouses permitted only on properties containing at least five acres 6 Only as a secondary use in connection with an institutional use. 7 Drive-up facilities only as conditional use. 8 Banks may include drive-up facilities 9 Drive-in and fast-food restaurants are prohibited. 10 Self-service facilities are prohibited 11 Laundries may not employ more than four persons in addition to one owner or manager 12 Laboratories shall be subject to performance standards of §143-149 13 Public utility facilities include pumping stations, metering stations, electrical switching stations, electrical substations and sewage treatment plants. 14 Cemeteries are permitted in the R-2, R-4 and R-5 Districts only 15 Funeral homes are permitted in the R-2, R-4 and R-5 Districts only 16 Private garages may accommodate not more than three cars 17 Tale out service in CBD. All retail business shall be conducted entirely from within the confines of a building. All merchandise, including carry-out and take-out food, unless delivered, shall be purchased inside the building, and no food or merchandise shall be dispensed to the customer through pickup windows or other out-of-store accommodations 18 The operating fuel for an Exterior Hydronic Heating System shall be limited to Natural Gas, Propane, No. 2 Heating Oil and/or Electrical Power 19 Wind energy systems shall be surrounded by a Safety Area which shall be measured horizontally from the center of the structure and will include the area encompassed by a radius 125% of the height of the structure, measured from the structure’s highest point to the average land surface at the structure’s base 20 Limited Service Station with Convenience Centers is a conditional use in the HC Zone [Amended 10-18-2011 by Ord. No. 2011-16; 2-22-2016 by Ord. No. 2016-1] Zone Primary Use Minimum Lot Area Minimum Lot Front. Minimum Lot Width Minimum Lot Depth Minimum Front Yard Minimum Rear Yard Minimum Side Yard Square Feet Feet Feet Feet Feet Feet Feet Feet Side Line FT Rear Line Ft Other Bldg. Ft R‐1 One Fam. Dwelling 17,250 75 75 140 40 [11] 40 15 3 3 5 R‐2 One Fam. Dwelling Townhouses 12,500
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.