Financial
Distress signals
Property profile

256 State Rt 23 Franklin, NJ 07416

OFF-MARKET
Commercial real estate
Property ID
US59-2205587
0.77 ac lot
Last sale Mar 2015 · $575,100
Entity Owned Owner of record is a legal entity (LLC / corporation). 11-yr Hold Held for 11 years. Free & Clear No active or open recorded mortgage detected.
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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?
$39k
Tax billed · 2022
Assessed value · 2023$1.15M
Assessed land$719k
Assessed improvement$427k
Effective rate3.36%

Value estimate

· Sep 2026
$360k
$324k – $396k
AI approach$360k

Realmo valuation models over county records.

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

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 agency13.6
Dental Office12.4
Law Firm12.0

Location

256 State Rt 23 Franklin, NJ 07416-2141
County assessor Recorded deeds · 2 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
3212 State Rt 94, Franklin, NJ 07416-9701 $950,000 May 2025 No data
393 State Rt 23, Franklin, NJ 07416 $50,000 Feb 2025 648 SF
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
133 Main, Franklin, NJ 07416-1542 $780,000 May 2024 No data
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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