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Property profile & analytics
OFF-MARKET Estimated value $560,000
Residential income homes

15-17 Vly Rd 17 Butler, NJ 07405-1717

5,977 SF 0.55 ac lot
Entity Owned 20-yr Hold Free & Clear
Property ID
US59-1399728
Property profile
Verified
Property type Residential income homes
Use group APARTMENT HOUSE (UNDER 5 UNITS)
Total area 5,977 SF
Lot 0.55 ac (24,150 SF)
Zoning code R-2
APN 03 00072- 02-00027- 01
UPID US59-1399728
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
$445k
CAP Approach CAP
by Request
Comparable Approach Comparable
$677k
Blend (final) Blend
$560k
Owner & transaction history
4-6 Grace Valley LLC · 20 yrs held
4-6 Grace Valley LLC
since 2005
3 recorded transactions
2005
$1
1969
Price N/A
1969
Price N/A
Zoning & alternative use
R-2 · Butler, NJ
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description

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…

Zone name Residence
General category RESIDENTIAL
Zone area 117.12 ac
Source Butler, NJ
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