154 Butler St, Unit 3

Paterson, NJ 07524

$699,000
Price
6
Beds
—Sq. Ft.
— / Sq. Ft.
—
Sq. Ft.
—
per Sq. Ft.
Get preapproved with Rocket Mortgage1
New
New

Description

Turnkey 3-Family Home The Perfect Live-in Investment with 8% cap rate Welcome to your new home and smart financial future! This completely renovated three-family property offers the perfect blend of modern comfort and effortless income. Each of the three private units features a thoughtful layout with 2 bedrooms and 1 bathroom, making them highly desirable for renters. Say goodbye to management headaches! The property is designed for efficiency, with separate meters and boilers for each apartment....Turnkey 3-Family Home The Perfect Live-in Investment with 8% cap rate Welcome to your new home and smart financial future! This completely renovated three-family property offers the perfect blend of modern comfort and effortless income. Each of the three private units features a thoughtful layout with 2 bedrooms and 1 bathroom, making them highly desirable for renters. Say goodbye to management headaches! The property is designed for efficiency, with separate meters and boilers for each apartment. This means tenants are responsible for their own utilities, streamlining your responsibilities and maximizing your profit. Live in one beautiful unit and let the other two generate significant rental income, providing a powerful way to offset your mortgage or build long-term wealth. This is more than just a home, it's an intelligent path to financial freedom. Don't miss this rare opportunity to own a fully updated, income-producing property. Seller open for assumable mortgage 5.47%
  1. Listed by SYLVIA ESKANDER • COLDWELL BANKER REALTY RDG

Property Details for 154 Butler Street, Unit 3

Directions
Off River St
Days On Market
0
LISTING UPDATED: 04/08/2026 05:37 PM

Property Details for 154 Butler Street, Unit 3

StatusActive
MLS #4019403
Days on Market1
Taxes$7,600 / year
HOA Fees-
Condo/Co-op Fees-
Property TypeMulti Family
MLS TypeMulti Family / 3-Three Story
Year Built1939
Lot Size0.04 AC / 1,742 SF
CountyPassaic County
Get preapproved with Rocket Mortgage1

Location

Listing Courtesy of COLDWELL BANKER REALTY RDG, SYLVIA ESKANDER
Add your commute

Building Information for 154 Butler Street, Unit 3

Stories-Residences3Year Built1939Building Size-Lot Size0.04 AC / 1,742 SF

Payment Calculator

Get preapproved with Rocket Mortgage1

$4,153 per month

30 year fixed, 6.46% Interest

Principal and Interest

$3,520

Property Taxes

$633

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Know your buying power with a preapproval and custom rate in minutes

Rocket Mortgage1

Property Information for 154 Butler Street, Unit 3

Summary
Location and General Information
  • Address Included: Y
  • Renovated Year: 2022
  • County #: Passaic
  • Town Name: Paterson City
  • Block Identifier: 2908
  • Listing Type: Exclusive Right to Sell
  • Town #: 2508.0
  • Unit #: 3
  • Street # Display: 154.0
  • # Parking Spaces: 0
  • County Or Parish: Passaic
  • Street Name: Butler St
  • Zip Code: 07524-1920
  • Total Units: 3
Taxes and HOA Information
  • Assess Total Tax: *
  • Assess Amt Land Tax: *
  • Assess Amt Bldg Tax: *
  • Block ID Tax: *
  • Acres Tax: *
  • County Tax: *
  • Tax Amount: $7,600
  • Street name Tax: *
  • Zip Code Tax: *
  • Street # Tax: *
  • City Tax: *
  • Assessment Total: 628300.0
  • Tax ID For Property: 2508-02908-0000-00030-0000-
  • Tax Rate Amount: $5
  • Tax Rate Tax: *
  • Tax Rate Year: 2025
  • Tax Year: 2026
  • Lot ID Tax: *
  • Lot Size Tax: *
Parking
  • Parking/Driveway Description: None, See Remarks
  • Garage Description: None
Property
Lot Information
  • Lot Identifier: 30
  • Approximate Lot Size: 25X72
  • Total Acres: 0.04
  • Construction Date/Year Built: 1939
  • Construction Date/Year Built Des: Renovated
Property and Assessments
  • Assessment Bldg: 505700.0
  • Assessment Land: 122600.0
Utilities
  • Cooling: Central Air
  • Utilities: Gas-Natural
  • Water: Public Water
  • Heating: Forced Hot Air
  • Fuel Type: Gas-Natural
  • Sewer: Public Sewer
Interior and Exterior Features
Exterior Features
  • Exterior Description: Vinyl Siding
Interior Features
  • Roof Description: Asphalt Shingle
  • Basement: Yes
  • Basement Description: Finished, Partial
  • Easement: Unknown
Multi Family
Unit 1 Information
  • Unit 1 Appl/Equip: CarbMDet, CookGas, FireAlrm, Refrig
  • Unit 1 Baths: 1.0
  • Unit 1 Bedrooms: 2
  • Unit 1 Fireplaces: 0.0
  • Unit 1 Handicap Modified: No
  • Unit 1 Levels: 1.0
  • Unit 1 Owner/Tenant Pays: Tenant Pays Electric, Tenant Pays Gas, Tenant Pays Heat
  • Unit 1 Rent: 1620.0
  • Unit 1 Room Description: Bedrooms, Eat-In Kitchen, Family Room
  • Unit 1 Rooms: 5.0
  • Unit 1 Security Deposit: 0.0
  • Unit 1 Sq Ft: 900.0
Unit 2 Information
  • Unit 2 Appl/Equip: CarbMDet, CookGas, FireAlrm, Refrig
  • Unit 2 Baths: 1.0
  • Unit 2 Bedrooms: 2
  • Unit 2 Fireplaces: 0.0
  • Unit 2 Handicap Modified: No
  • Unit 2 Levels: 2.0
  • Unit 2 Owner/Tenant Pays: Tenant Pays Electric, Tenant Pays Gas, Tenant Pays Heat
  • Unit 2 Rent: 2020.0
  • Unit 2 Room Description: Bedrooms, Eat-In Kitchen, Family Room
  • Unit 2 Rooms: 5.0
  • Unit 2 Security Deposit: 0.0
  • Unit 2 Sq Ft: 900.0
Unit 3 Information
  • Unit 3 Appl/Equip: CarbMDet, CookGas, FireAlrm, Refrig
  • Unit 3 Baths: 1.0
  • Unit 3 Bedrooms: 2
  • Unit 3 Fireplaces: 0.0
  • Unit 3 Handicap Modified: No
  • Unit 3 Levels: 3.0
  • Unit 3 Owner/Tenant Pays: Tenant Pays Electric, Tenant Pays Gas, Tenant Pays Heat
  • Unit 3 Rent: 1750.0
  • Unit 3 Room Description: Bedrooms, Eat-In Kitchen, Family Room
  • Unit 3 Rooms: 5.0
  • Unit 3 Security Deposit: 0.0
  • Unit 3 Sq Ft: 900.0
Multi-Family Information
  • Unit Style: 3-Three Story
Income & Expenses Information
  • Total Operating Expense: $10,000.00
  • Expenses Include: Hot & Cold Water, Insurance, Maintenance, Taxes
  • Net Operating Income: $54,800.00
  • Gross Operating Income: $64,800.00

Property History for 154 Butler Street, Unit 3

DateEvent & SourcePriceAppreciation
Apr 8, 2026

Listed (Active)

GSMLS #4019403

$699,000—
DateEvent & SourcePrice
04/08/2026

Listed (Active)

GSMLS #4019403

$699,000

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Schools near 154 Butler Street, Unit 3

This home is within Paterson Public School District.
Rating
School
Type
Grades
Distance
Dale Avenue Elementary School
Public - PK to 2
Edward W. Kilpatrick Elementary School
Public - PK to 3
School 15
Public - PK to 5
School 10
Public - K to 8
Rating
School
Distance
Dale Avenue Elementary School
PublicPK to 2

Edward W. Kilpatrick Elementary School
PublicPK to 3

School 15
PublicPK to 5

School 10
PublicK to 8

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Neighborhood Map and Transit

Similar Homes

Similar Sold Homes

Explore Nearby Homes

More information about 154 Butler Street, Unit 3, Paterson, NJ 07524

154 Butler Street, Unit 3 is a multi-family home for sale in Paterson, NJ 07524. This listing's school district is Paterson Public School District. Nearby schools include Dale Avenue Elementary School, Edward W. Kilpatrick Elementary School and School 15. 154 Butler Street, Unit 3 is a 6-bed, 3-bath, multi-family home built in 1939.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of COLDWELL BANKER REALTY RDG, SYLVIA ESKANDER

The data relating to the real estate for sale on this website comes in part from the Internet Data Exchange Program of the NJMLS. Real estate listings held by brokerage firms other than (insert office name) aremarked with the Internet Data Exchange logo and information about them includes the name of the listing brokers. Some properties listed with the participating brokers do not appear on this website at the request of the seller. Listings of brokers that do not participate in Internet Data Exchange do not appear on this website. All information deemed reliable but not guaranteed. Last date updated: 04/09/2026 03:12 AM. Source: New Jersey Multiple Listing Service, Inc. © 2026 New Jersey Multiple Listing Service, Inc. All rights. The data relating to the real estate for sale and sold listing information on this website comes from the New Jersey Multiple Listing Service, Inc. Virtual Office Website (VOW) program. This website may not include listings or property addresses of sellers who have directed their listing brokers to withhold their listing or their property address from display on the Internet. Sold listings may have been listed and/or sold by a real estate brokerage other than (insert office name). All information deemed reliable but not guaranteed. NLMLS makes no representation or warranty regarding the accuracy of the data. This data and information is protected under federal copyright laws which prohibit the unauthorized copying or alternation of all or any part of copyrighted materials, including certain compilations of data and information. Copyright violators may be subject to severe fines and penalties under federal law. Source: New Jersey Multiple Listing Service Inc. Last date updated: 04/09/2026 03:12 AM © 2026 New Jersey Multiple Listing Service Inc. All rights reserved.