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1220 NJ-23 Hwy
Butler, NJ 07405

$2,600,000 USD

Land For Sale  •  2.64 AC

Property Details

  • Property Type Land
  • Lot Size 2.64 AC
  • Zoning HC
0 Transit Score
47 Walk Score

Description

Outstanding high visibility location!!! Over 2 acres of property includes 3 retail storefronts, 5 office units and an industrial-use tenant. Two buildings in total. An additional lot is land-leased to a prominent billboard company for additional income. Do not drive or walk the property without an appointment. Do not disturb the tenants. ALL inquiries must go through a licensed real estate professional. Comprehensive brochure with specs on land, all rentals, current/projected rent roll and valuation analysis is available to qualified buyers. Respectable cap rate with room to grow. Commercial loans and cash only - no owner financing. Buyer financing capability must be provided prior to in-person showing.

Highlights

High visibility location consisting of 2.64 acres of land at traffic light and jughandle.
Rental units comprised of retail, office, light industrial and digital billboard.
25 miles west of New York City, 5 minutes from Rte 287 corridor.

Public Transportation

Commuter RailDriveWalkDistance
Lincoln Park (Montclair-Boonton Line - NJ Transit Commuter Rail (NJ Transit)) 12 min - 7.9 mi
Boonton (Montclair-Boonton Line - NJ Transit Commuter Rail (NJ Transit)) 14 min - 8.6 mi
AirportDriveWalkDistance
Newark Liberty International 38 min - 31.7 mi
LaGuardia 56 min - 39.8 mi
Westchester County 65 min - 49.1 mi
Dawn Cox 973-359-5886 Weichert Realtors
Dawn Cox 973-359-5886 Weichert Realtors