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414 Route 23, Franklin, NJ 07416
$899,900
414 Route 23, Franklin, NJ 07416View this property at 414 Route 23, Franklin, NJ 07416
414 Route 23FranklinNJ07416
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Property Description
This investment property is a great opportunity for those looking to add to their portfolio. The building has seen many upgrades, including a new roof, ensuring that it is in excellent condition. The long term tenant in place adds stability to the investment, with approximately 8 years remaining on their lease. Located in a high traffic area with great visibility, this property offers the potential for a strong return on investment. Don't miss out on this fantastic opportunity to own a property in a prime location with a reliable tenant already in place.
Full Property Details
Full Property Details for 414 Route 23
General
- Price: $899,900
- Taxes: $11,141 (2023)
- Status: Active
- Type: Retail
- MLS ID: 3895273
- Updated: 4/10/2024
- Added to Site: 19 day(s) ago
Business
- Includes: Building & Land
Rooms
Bathrooms
- Total Bathrooms: 1
- Restrooms: 1
Additional Information
- Equipment: See Remarks
Parking
- Garage Spaces: 6
- Parking: Parking Lot-Exclusive
Location
- County: Sussex
- Driving Directions: Route 23 to #414
- Location Details: Highway Location
Heating & Cooling
- Cooling Type: Central Air Conditioning
- Heating Type: Forced Hot Air
- Heating Fuel: Natural Gas
Utilities
- Sewer: Public Sewer
- Water: Public Water
- Utility Description: Electric, Natural Gas
Structural Information
- Construction: Formed Concrete
- Exterior Const.: Brick/Block, Concrete
- Roof: See Remarks
- Stories in Building: 1
- Square Feet: 3,104
- Aprox. Leasable: 3,104 Sq. Ft.
- Year Built: 1949
- Remodeled/Updated: 2022
Lot Features
- Lot Size (Acres): 0.26
- Lot Size: .262 AC
- Permitted Use: Retail
- Zoning: HC-1
Financial Considerations
- Price Per Sq. Ft.: $290
- Assessment Amount: $404,100
- Land Assmt: $196,500
- Tax Amount: $11,141
- Tax Year: 2023
- Owner Pays: No Utilities
Disclosures and Reports
- Ownership: Fee Simple
- Documents Avail.: Leases
- APN: 2806-00701-0000-00007-0000-
- Block: 701
- Lot Number: 7
Listed by Weichert Realtors
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Schools
Schools serving 414 Route 23
School Districts:Wallkill Valley Regional Schools, Franklin Borough Public Schools
Rating | Name | Grades | Distance |
---|---|---|---|
50 Washington Ave, Franklin, NJ 07416 | PK-8 | 0.4 mi | |
10 Grumm Rd, Hamburg, NJ 07419 | 9-12 | 2.3 mi |
Disclaimer: School ratings provided by
GreatSchools. Ratings are on a scale of 1-10.
Learn more about GreatSchools ratings.
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 414 Route 23
Date
Details
Price
Change
Source
4/10/2024
Listed
$899,900
318.56%
MLS
10/28/2021
Sold
$215,000
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 414 Route 23
Year
Property Taxes
Change
Tax Assessment
Change
2022
$15,585
3%
$404,100
10%
2021
$15,136
3%
$368,800
—
2020
$14,660
5%
$368,800
—
2019
$13,996
2%
$368,800
—
2018
$13,760
3%
$368,800
—
2017
$13,424
2%
$368,800
—
2016
$13,133
—
$368,800
—
2015
$13,170
8%
$368,800
—
2013
$12,234
—
$368,800
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 414 Route 23
414 Route 23, Franklin, NJ 07416 (MLS# 3895273) is a Retail property. 414 Route 23 is currently listed for $899,900 and was received on April 10, 2024. Want to learn more about 414 Route 23? Do you have questions about finding other Retail real estate for sale in Franklin? You can browse all Franklin real estate or contact a Coldwell Banker agent to request more information.