Property profile

1565 State Rt 23 Butler, NJ 07405

OFF-MARKET
Commercial real estate
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Property ID
US59-1209968
18,116 SF 1.95 ac
Last sale Jul 2011·$1,800,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 15-yr Hold Held for 15 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?
$100k
Tax billed · 2022
Assessed value · 2023$3.79M
Assessed land$1.53M
Assessed improvement$2.27M
Effective rate2.64%

Value estimate

· Nov 2026
$2.48M
$2.23M – $2.72M
AI approach$2.44M
CAP approach$2.05M

Realmo valuation models over county records and 16 qualifying comparable sales.

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
Qualifying comparables16

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
This districts is designed to permit retail uses and commercial services which are appropriate to a high-traffic artery, such as Route 23...
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 Salon11.4
Parking Facility10.1
Law Firm9.7

Location

1565 State Rt 23 Butler, NJ 07405
County assessor Recorded deeds · 4 transfers 16 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
49 Lincoln, Butler, NJ 07405-1826 $750,000 Sep 2025 5,760 SF
1544-1546 Rte 23, Butler, NJ 07405 $1,550,000 May 2025 4,242 SF
69 Main, Butler, NJ 07405-1005 $1,300,000 Dec 2024 7,023 SF
126 Main, Butler, NJ 07405-1026 $440,000 Mar 2024 3,984 SF
9 Kiel, Butler, NJ 07405-1387 $805,000 May 2023 4,418 SF
210 Main, Butler, NJ 07405-1059 $435,000 Mar 2023 3,625 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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Rey answers here. ChatGPT, Grok and Claude get the same data packet.

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

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