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$699,000 Just Listed

  • For Sale
  • Active
  • Multi-Family
  • 6 Total Beds
  • Updated 1 day ago
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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%

Full Property Details for 154 Butler St #3

General

  • Price: $699,000
  • Taxes: $7,600 (2026)
  • Status: Active
  • Type: Multi-Family
  • Source: Garden_State
  • MLS ID: 4019403
  • Updated: 4/8/2026
  • Added to Site: 2 day(s) ago

Interior

  • Number of Rooms: 18

Rooms

Bathrooms

  • Total Bathrooms: 3
  • Full Bathrooms: 3

Bedrooms

  • Total Bedrooms: 6

Parking

  • Garage Description: None

Location

  • County: Passaic
  • Driving Directions: Off River St

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: Natural Gas

Structural Information

  • Architectural Style: 3-Three Story, Triplex
  • Exterior Const.: Vinyl Siding
  • Basement: Yes
  • Basement Desc.: Finished, Partial
  • Roof: Asphalt Shingles
  • Year Built: 1939
  • Remodeled/Updated: 2022

Unit Information

Unit 1

  • Unit Description: Bedrooms, Eat-In Kitchen, Family Room
  • Square Feet: 900
  • Levels/Stories: 1
  • Total Bathrooms: 1
  • Bedrooms: 2

Unit 2

  • Unit Description: Bedrooms, Eat-In Kitchen, Family Room
  • Square Feet: 900
  • Levels/Stories: 2
  • Total Bathrooms: 1
  • Bedrooms: 2

Unit 3

  • Unit Description: Bedrooms, Eat-In Kitchen, Family Room
  • Square Feet: 900
  • Levels/Stories: 3
  • Total Bathrooms: 1
  • Bedrooms: 2

Lot Features

  • Lot Size (Acres): 0.04
  • Lot Dimensions: 25 x 72
  • Driveway/Sidewalk: None, See Remarks

Financial Considerations

  • Expenses: Hot & Cold Water, Insurance, Maintenance, Taxes
  • Operating Expenses: $10,000
  • Assessment Amount: $505,700
  • Land Assmt: $122,600
  • Tax Amount: $7,600
  • Tax Year: 2026

Disclosures and Reports

  • Block: 2908
  • Lot Number: 30
Buyer's Brokerage Compensation: Contact Listing Agent
Not binding unless confirmed by separate agreement among applicable parties.

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— 154 Butler St #3 —

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NMLS#: 1598647

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Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

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Price & Sales History for 154 Butler St #3 Get Price Alerts and Save Property

Date
Details
Price
Change
Source
4/08/2026
Listed
$699,000
29.44%
MLS
1/13/2023
Sold
$540,000
—
Public Record
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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 154 Butler St #3

Year
Property Taxes
Change
Tax Assessment
Change
2024
$7,174
26%
$140,800
—
2022
$5,714
4%
$140,800
14%
2021
$5,510
7%
$123,100
4%
2018
$5,135
5%
$118,700
1%
2017
$4,900
-8%
$117,800
-4%
2016
$5,311
6%
$122,400
—
2015
$5,028
1%
$122,400
2%
2019
$4,977
-35%
$120,400
-57%
2013
$7,606
—
$277,200
—
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.

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NMLS#: 1598647

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154 Butler St #3, Paterson, NJ 07524 (MLS# 4019403) is a Multi-Family property with 3 units containing 6 bedrooms and 3 full bathrooms. 154 Butler St #3 is currently listed for $699,000 and was received on April 08, 2026. This property is listed by Sylvia Eskander from our Ridgewood Office.Want to learn more about 154 Butler St #3? Do you have questions about finding other Multi-Family real estate for sale in Paterson? You can browse all Paterson real estate or contact a Coldwell Banker agent to request more information.

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