Excellent investment opportunity in the heart of Butler. This fully rented two-family property offers strong, consistent income with tenants in place and separate utilities for each unit. The first-floor unit features a spacious three-bedroom layout, including a sunroom, living room, and kitchen. The second-floor unit, with its private entrance, offers a comfortable layout with a living room, dining room, and one bedroom, along with a fully renovated kitchen complete with granite countertops and stainless steel appliances. Set on a large lot, the property also includes a full basement with a laundry room, a generous backyard, and a private driveway providing parking for multiple vehicles. Ideally located just minutes from Butler's Main Street, residents enjoy easy access to local shops, dining, and everyday conveniences, as well as nearby parks, schools, major roadways, and public transportation making this a prime location for both tenants and commuters.
Under contract
$575,000
32 3Rd St, Butler Boro, NJ 07405
4beds
--sqft
Est.:
Multi Family
Built in 1960
-- sqft lot
$-- Zestimate®
$--/sqft
$-- HOA
What's special
Fully renovated kitchenGenerous backyardDining roomLarge lotPrivate entranceStainless steel appliancesGranite countertops
- 89 days |
- 55 |
- 0 |
Zillow last checked: April 07, 2026 at 11:55pm
Listing updated: January 27, 2026 at 02:12am
Listed by:
Francesco Mazzaferro 201-410-3020,
Christie's Int. Real Estate Group
Source: GSMLS,MLS#: 4004326
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 2
- Full bathrooms: 2
Heating
- 1 Unit, Natural Gas
Cooling
- 1 Unit
Appliances
- Included: Dishwasher, Microwave, Range/Oven - Gas, Refrigerator, Microwave Oven
- Laundry: Laundry Room
Features
- Bedrooms, Dining Room, Living Room, Family Room, Kitchen
- Basement: Yes,Finished,Full
- Has fireplace: No
Interior area
- Total structure area: 0
Property
Parking
- Total spaces: 2
- Parking features: 1 Car Width, Asphalt
- Uncovered spaces: 2
Features
- Levels: Two
- Stories: 2
Lot
- Size: 7,405.2 Square Feet
- Dimensions: 50 x 153
Details
- Parcel number: 2303000190000000050000
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Aluminum Siding
- Roof: Asphalt Shingle
Condition
- Year built: 1960
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Electricity Connected
Community & HOA
Community
- Security: Carbon Monoxide Detector(s), Carbon Monoxide Detector
Location
- Region: Butler
Financial & listing details
- Tax assessed value: $504,000
- Annual tax amount: $11,326
- Date on market: 1/9/2026
- Exclusions: All personal items
- Total actual rent: 3245
- Tenant pays: Electricity, Gas, Tenant Pays Heat, Tenant Pays Electric, Tenant Pays Gas
- Electric utility on property: Yes
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
Price history
| Date | Event | Price |
|---|---|---|
| 1/27/2026 | Pending sale | $575,000 |
Source:  GSMLS #4004326 Report a problem | ||
| 1/9/2026 | Listed for sale | $575,000+51.4% |
Source: GSMLS #4004326 Report a problem | ||
| 9/3/2020 | Sold | $379,900 |
Source: GSMLS #3640646 Report a problem | ||
| 7/9/2020 | Pending sale | $379,900 |
Source: C-21 WESSEX REALTY #3640646 Report a problem | ||
| 6/16/2020 | Listed for sale | $379,900+80.1% |
Source: C-21 WESSEX REALTY #3640646 Report a problem | ||
| 2/11/2020 | Listing removed | $1,325 |
Source: CENTURY 21 Wessex Realty #3606853 Report a problem | ||
| 12/30/2019 | Listed for rent | $1,325 |
Source: CENTURY 21 Wessex Realty #3606853 Report a problem | ||
| 11/21/2019 | Sold | $210,900-15.5% |
Source: Public Record Report a problem | ||
| 10/17/2019 | Price change | $249,626-0.3% |
Source: Auction.com Report a problem | ||
| 10/15/2019 | Price change | $250,324+0.1% |
Source: Auction.com Report a problem | ||
| 10/11/2019 | Price change | $250,159-0.6% |
Source: Auction.com Report a problem | ||
| 10/9/2019 | Price change | $251,675-0.3% |
Source: Auction.com Report a problem | ||
| 10/6/2019 | Price change | $252,316+0% |
Source: Auction.com Report a problem | ||
| 10/5/2019 | Price change | $252,225+0.7% |
Source: Auction.com Report a problem | ||
| 10/2/2019 | Price change | $250,515-1.5% |
Source: Auction.com Report a problem | ||
| 9/30/2019 | Price change | $254,261-1.2% |
Source: Auction.com Report a problem | ||
| 9/28/2019 | Price change | $257,394-23.1% |
Source: Auction.com Report a problem | ||
| 9/25/2019 | Listed for sale | -- |
Source: Auction.com Report a problem | ||
| 7/11/2016 | Sold | $334,500 |
Source: GSMLS #3294130 Report a problem | ||
Public tax history
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $12,585 +11.1% | $504,000 +11.1% |
| 2024 | $11,326 +3.8% | $453,600 +10.3% |
| 2023 | $10,916 +8.5% | $411,300 +13.1% |
| 2022 | $10,064 +14.6% | $363,700 +58.8% |
| 2021 | $8,784 +4.9% | $229,100 |
| 2020 | $8,371 +1.3% | $229,100 |
| 2019 | $8,264 +2.6% | $229,100 |
| 2018 | $8,053 +2.7% | $229,100 |
| 2017 | $7,844 +1.6% | $229,100 |
| 2016 | $7,718 +3.2% | $229,100 |
| 2015 | $7,480 +2.3% | $229,100 |
| 2014 | $7,311 +5.4% | $229,100 |
| 2012 | $6,937 +5.1% | $229,100 |
| 2011 | $6,600 +4.7% | $229,100 |
| 2010 | $6,305 +2% | $229,100 |
| 2009 | $6,179 | $229,100 |
| 2008 | -- | $229,100 |
| 2007 | -- | $229,100 |
| 2006 | -- | $229,100 |
| 2005 | -- | $229,100 |
| 2004 | -- | $229,100 |
| 2003 | -- | $229,100 +121.8% |
| 2002 | -- | $103,300 |
| 2001 | -- | $103,300 |
Find assessor info on the county website
Monthly payment
Est. payment
$3,713/mo
Principal & interest
$2850
Property taxes
$863
More affordability tools
Climate risks
Neighborhood: 07405
Nearby schools
GreatSchools rating
- 6/10Richard Butler Elementary SchoolGrades: 5-8Distance: 0.6 mi
- 5/10Butler High SchoolGrades: 9-12Distance: 0.4 mi
- 7/10Aaron Decker Elementary SchoolGrades: PK-4Distance: 1 mi
Local experts in 07405
- New Jersey
- Morris County
- Butler
- 07405
- 32 3Rd St
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