For Multi Family

115 Butler St,Paterson City, NJ 07524-1919

December 31, 2025

Welcome to 115 Butler St, Paterson?an excellent 2-Family opportunity offering flexibility, space, and affordability. The 1st-floor apartment features 3 Beds and benefits from a central forced hot air heating system. The 2nd unit is a spacious duplex-style layout, offering 2 Beds on the 2nd floor plus a large additional Bed on the 3rd floor, along with abundant storage space.The semi-finished basement adds valuable bonus space, featuring a large leisure/recreation room, laundry and utilities area, and plenty of storage. Convenient basement access to the 1st-floor hallway as well as a direct exit to the backyard enhances functionality.An ideal property for owner-occupants or investors alike, this home presents a great and affordable opportunity to start homeownership while generating rental income. It is conveniently located near local amenities, shopping, and transportation.

Property ID:PT-24337805-AXZR

Offer Type:For Multi Family

Property Type:Multi-Family

Price: 495,000 $

Bedrooms:5

Year Built:1947

Listing Details

Status: Active

Location

County: Passaic

Lotsize: 25X100

Lot Identifier: 16

Lot Description: Level Lot

Lot Identifier: 16

Home Details

Open Parking: 0

Basement: Yes

Renovated: 2008

Basmnt/Desc: Yes - Finished-Partially, Walkout

Acreage: 0.06

Total Baths: 2.10

Unit Style: 3-Three Story

Number of Units: 2

Rooms: 9

Easement/Desc: Unknown

Exterior Description: Stucco, Vinyl Siding

Roof Description: Flat

Possesion: Flexible

Unit 1 Appliances/Equipment: Carbon Monoxide Detector, Fire Alarm System, Kitchen Exhaust Fan, Microwave Oven, Range/Oven - Gas, Smoke Detector, Washer

Unit 1 Levels: 1

Unit 1 Rooms: 5

Unit 1 Beds: 3

Unit 1 Baths: 1.0

Unit 1 Owner/Tenant Pays: Owner Pays Electric, Owner Pays Gas, Owner Pays Heat, Owner Pays Water

Unit 1 Handicap: No

Unit 1 SqFt: 940

Unit 1 Room Description: Bedrooms, Eat-In Kitchen, Kitchen, Living Room, Pantry, Master Bedroom

Unit 2 Appliances/Equipment: Carbon Monoxide Detector, Fire Alarm System, Kitchen Exhaust Fan, Range/Oven - Gas, Smoke Detector

Unit 2 Levels: 2

Unit 2 Rooms: 4

Unit 2 Beds: 2

Unit 2 Baths: 1.0

Unit 2 Owner/Tenant Pays: Owner Pays Water, Tenant Pays Electric, Tenant Pays Gas, Tenant Pays Heat

Unit 2 Handicap: No

Unit 2 SqFt: 903

Unit 2 Room Description: Bedrooms, Living Room, Pantry, Porch

Block Identifier: 2911

County Number: 25

Town Number: 2508

YB/Desc: 1947 - Approximate

Easement: Unknown

Parking/Driveway Description: None

Block Identifier: 2911

County Number: 25

Town Number: 2508

Possession: Flexible

Utilities

Heat Source: Gas-Natural

Heat System: 1 Unit, Baseboard - Hotwater, Forced Hot Air

Cool System: Window A/C(s)

Water: Public Water

Sewer: Public Sewer

Utilities: Electric, Gas-Natural

Taxes, Fees & Assessments

Tax ID For Property: 2508-02911-0000-00016-0000-

Tax Amount: $7,133.00

Tax Year: 2024

Tax Rate: 5.095%

Tax Rate Year: 2025

Land Assessment: $24,000.00

Building Assessment: $116,000.00

Total Assessment: $140,000.00

FHA Age Restricted: No

Blinds
Chandelier
Deck
Fire Alarm Sys
Fire Extinguisher
Metal Fence
Open Porch(es)
Outbuilding(s)
Patio
Privacy Fence
Sidewalk
Smoke Detector
Storm Door(s)
Storm Window(s)
Thermal Windows/Doors
Tile Floors

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Listing Details

115 Butler St,Paterson City, NJ 07524-1919

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