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$1,050,000 Just Listed

  • For Sale
  • Active
  • Retail
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Calling All Investors! An exceptional opportunity to own a fully leased mixed-use investment property in the heart of Butler's thriving Main Street business district. This income-producing asset features 2 established retail storefronts and 3 residential apartments, exclusive parking lot, offering a diversified rental portfolio with stable cash flow.The property is anchored by long-term commercial tenants, providing dependable income, while the residential units add consistent rental revenue. Located in a high-visibility, high-traffic location with excellent exposure, surrounded by local businesses, restaurants, and everyday conveniences.Whether you're looking to expand your investment portfolio or complete a 1031 exchange, this turnkey property offers strong income potential, multiple income streams, and long-term appreciation in a desirable North Jersey market. 2 Store fronts +3 apt units, cap7%+

Full Property Details for 16 Main St

General

  • Price: $1,050,000
  • Taxes: $12,379 (2025)
  • Status: Active
  • Type: Retail
  • Source: Garden_State
  • MLS ID: 4043626
  • Updated: 7/29/2026
  • Added to Site: 2 day(s) ago

Business

  • Includes: Building Only

Rooms

Bathrooms

  • Total Bathrooms: 3
  • Restrooms: 2

Additional Information

  • Equipment: Appliances, Restrooms - Private, Smoke Detector

Exterior

  • Color: blue

Parking

  • Parking: Parking Lot-Exclusive, See Remarks

Location

  • County: Morris
  • Driving Directions: Google Map
  • Location Details: Business District

Heating & Cooling

  • Cooling Type: Window A/C(s)
  • Heating Type: Electric Baseboard
  • Heating Fuel: Natural Gas

Utilities

  • Sewer: Public Sewer
  • Water: Public Water
  • Utility Description: Natural Gas

Structural Information

  • Construction: Formed Concrete, Wood
  • Exterior Const.: Aluminum Siding, Wood
  • Basement Desc.: Crawl Space
  • Roof: Asphalt Shingles
  • Ceiling Height: 8
  • Stories in Building: 2
  • Square Feet: 4,773
  • Aprox. Leasable: 4,773 Sq. Ft.
  • Year Built: 1893

Unit Information

  • Units w/Full Bath: 3

Lot Features

  • Lot Size (Acres): 0.1
  • Lot Size: 50X83 AVG
  • Zoning: commercial
  • Lot Description: Corner

Financial Considerations

  • Price Per Sq. Ft.: $220
  • Expenses: Taxes
  • Operating Expenses: $21,260
  • Assessment Amount: $528,100
  • Land Assmt: $91,300
  • Tax Amount: $12,379
  • Tax Year: 2025
  • Tenant Pays: Electric, Gas, Heat, Maintenance-Common Area, Sewer, Snow Removal, Water
  • Pays Utilities: Tenant

Disclosures and Reports

  • Ownership: Fee Simple
  • Documents Avail.: Income & Expenses
  • Disclosures: Yes
  • APN: 2303-00025-0000-00023-0000-
  • Block: 25
  • Lot Number: 23

Listed by Exp Realty, Llc

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Listing agent

— 16 Main St —

  • Exp Realty, Llc

201-661-0369

Get Pre-Approved Today

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Schools serving 16 Main St

School District:Butler Borough School District
NameGradesDistance
Richard Butler Elementary School
30 Pearl Place, Butler, NJ 07405
5-80.6 mi
Aaron Decker Elementary School
98 Decker Road, Butler, NJ 07405
PK-41.1 mi
Disclaimer: School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 16 Main St Get Price Alerts and Save Property

Date
Details
Price
Change
Source
7/29/2026
Listed
$1,050,000
200%
MLS
5/10/2017
Sold
$350,000
—
Public Record
Get Price Alerts and Save Property
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 for 16 Main St

Year
Property Taxes
Change
Tax Assessment
Change
2024
$12,098
—
$528,100
7%
2024
$12,098
6%
$493,000
2%
2023
$11,441
-4%
$484,500
12%
2022
$11,953
28%
$431,100
—
2021
$9,347
—
$432,000
75%
2021
$9,347
4%
$247,000
—
2019
$9,025
1%
$247,000
—
2018
$8,909
3%
$247,000
—
2017
$8,682
3%
$247,000
—
2016
$8,457
2%
$247,000
—
2015
$8,321
6%
$247,000
—
2013
$7,882
—
$247,000
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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*These costs are estimates, and the interest rates assume exceptional credit standing.

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Listed by Exp Realty, Llc

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16 Main St, Butler, NJ 07405 (MLS# 4043626) is a Retail property. 16 Main St is currently listed for $1,050,000 and was received on July 29, 2026. Want to learn more about 16 Main St? Do you have questions about finding other Retail real estate for sale in Butler? You can browse all Butler real estate or contact a Coldwell Banker agent to request more information.

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