Property profile

3010 State Rt 23 Franklin, NJ 07416

OFF-MARKET
Commercial real estate
Property ID
US59-1136337
1,310 SF 2.3 ac lot Built 1950
Individually Owned 1-yr Hold Free & Clear
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Property profile

Verified
Property type Commercial real estate
Use group COMMERCIAL (GENERAL)
Year built 1950
Construction FRAME
Total area 1,310 SF
Lot 2.3 ac (100,319 SF)
Zoning code B-1
APN 11 00061-0000-00020
UPID US59-1136337

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

3010 State Rt 23 Franklin, NJ 07416-2019
Franklin metro Census 372600 NEW YORK-NORTHERN NEW JERSEY-LONG ISLAND, NY-NJ-PA METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$290k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$265k

Owner & transaction history

since 2025
2 recorded transactions
2025
Price N/A
2025
$242,666

Zoning & alternative use

B-1 · Franklin, NJ
Zoning description

The intent of this zone is to promote Main Street Retail

General category COMMERCIAL

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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