Property profile

425 State Rt 23 Franklin, NJ 07416

OFF-MARKET
Gas stations
Property ID
US59-2407341
4,225 SF 0.53 ac lot Built 1926
Entity Owned 24-yr Hold Absentee Owner Free & Clear
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Property profile

Verified
Property type Gas stations
Use group GAS STATION
Year built 1926
Total area 4,225 SF
Lot 0.53 ac (23,174 SF)
Zoning code HC-2
APN 06 00606-0000-00030
UPID US59-2407341

Cap rate & NOI

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

Location

425 State Rt 23 Franklin, NJ 07416-2124
Franklin metro Census 372900 NEW YORK-NORTHERN NEW JERSEY-LONG ISLAND, NY-NJ-PA METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$345k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$345k

Owner & transaction history

Zoning & alternative use

HC-2 · Franklin, NJ
Zoning description

The intent of this zone is to promote Highway Commercial uses

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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