1220 State Rt 23 Butler, NJ ^$ 2,600,000

1220 State Rt 23

^$ 2,600,000

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1220 State Rt 23

Butler, NJ, 07405

^$ 2,600,000

Bedrooms-- Baths-- Sq 3,352

Monthly Estimate*

^$ 16,221

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Commercial Property for sale in Butler, NJ

for $2,600,000 with 10 half baths. This 3,352 square foot building was built in 1993 on a lot size of 2.54.

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.

Commercial Pending

Price

^$ 2,600,000

Half Bath

Property Type

Commercial

Taxes

^$ 41,722

Style

Lot Size

2.54

Year Built

1993

Town/City

Butler

County/Region

Morris

MLS | Web ID

3995318

Features

General

Sewer Public Sewer

Construction See Remarks

Heating 4+ Units Forced Hot Air

Cooling 4+ Units Central Air

Utilities Electric Gas-Natural

Possession TBD

Roof See Remarks

Zoning HC-2

Garage Spaces 20

Year Built 1993

Township Butler Boro

Property Type Industrial Complex - Light Office/Retail See Remarks See Remarks

Tax Year 2024

Ownership Fee Simple

Location Highway Location

County Morris

Status Under Contract

Directions Rte 23 North after jughandle just past Morse Ave traffic light.

Number Of Units Total 9

Tax Annual Amount 41722

Drive Parking Lot-Exclusive

Leasable Area 3352

Standard Status Under Contract

Tax Assessed Value 1700100

Town # 2303

Tax Lot 125

Exterior

Water Source Public Water

Exterior Description See Remarks

Building Area Total 12490

Lot Dimensions 2.07 AC

Lot Size Acres 2.54

Interior

Fuel Type Gas-Natural

Total Stories 2

Half Baths 10

* Excluded Features

List By

Dawn Cox

Listing Agent

Weichert Realtors

Broker

Wayne NJ

Office

Affordability Calculator

$19,697

Per Month

Monthly Principal & Interest: $16,221
Monthly Property Taxes: $3,477
Monthly Home Insurance: --

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Down Payment

Loan Term

Interest Rate

Yearly Property Taxes

Yearly Home Insurance

Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Nearby

Trends
Schools

Commerical listings in Butler, NJ

Average List Price ^$1,160,375

Percent of Sale Price 55%

About Butler, NJ

7,751 Population

5% Since 2002

^$93,437 Median Income

42.32 Median Age

27% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

291163 Elementary School

291353 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
10/30/2025	$2,600,000		Listed Price

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1220 State Rt 23, Butler, NJ, 07405 is a Commercial Property for sale at $2,600,000 with 3,352 sqft and a lot size of 2.54. 1220 State Rt 23 was built in 1993. The property's zip code is 07405 which is in Butler, NJ

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

The data relating to real estate for sale on this website comes in part from the IDX Program of Garden State Multiple Listing Service, L.L.C. Real estate listings held by other brokerage firms are marked as IDX Listing.

Information deemed reliable but not guaranteed.

Notice: The dissemination of listings on this website does not constitute the consent required by N.J.A.C. 11:5.6.1 (n) for the advertisement of listings exclusively for sale by another broker. Any such consent must be obtained in writing from the listing broker.

This information is being provided for Consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties Consumers may be interested in purchasing.

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1220 State Rt 23

Commercial Property for sale in Butler, NJ

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