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$1,050,000
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Property Description
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 stores+3 apts cap rate 7%+
Full Property Details
Full Property Details for 16 Main St
General
- Price: $1,050,000
- Taxes: $12,660
- Status: Active
- Type: Retail
- Source: NJMLS
- MLS ID: 26028629
- Updated: 7/29/2026
- Added to Site: 74 day(s) ago
Location
- Area: Butler Borough
- County: MORRIS
Heating & Cooling
- Heating Type: Electric
Utilities
- Utility Description: Sep Elec, Sep Gas, Sep Water, Seperate Heat
Structural Information
- Architectural Style: Retail
- Description/Design: Ctrl Bus
Water Features
- Water Front Desc.: None
Financial Considerations
- Tax Amount: $12,660
Disclosures and Reports
- Ownership: Private
- Flood Zone: None
Listed by EXP Realty, LLC - Englewood Cliffs (862) 812-9004, Su Zheng (201) 661-0369
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Schools
Schools serving 16 Main St
School District:Butler Borough School District
| Name | Grades | Distance |
|---|---|---|
Richard Butler Elementary School 30 Pearl Place, Butler, NJ 07405 | 5-8 | 0.6 mi |
Aaron Decker Elementary School 98 Decker Road, Butler, NJ 07405 | PK-4 | 1.1 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
Date
Details
Price
Change
Source
7/29/2026
Listed
$1,050,000
200%
MLS
5/10/2017
Sold
$350,000
—
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 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
—
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 16 Main St
16 Main Street, Butler, NJ 07405 (MLS# 26028629) is a Retail property. 16 Main Street is currently listed for $1,050,000 and was received on July 29, 2026. Want to learn more about 16 Main Street? 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.

