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    154 Main St Butler, NJ 07405

    For Sale
    $529,000

    Commercial - Butler Boro, NJ

    Property size:
    8,000 SF
    Lot size:
    0.18 Acres
    Days on Market:
    63
    Last Refresh:
    Dec 14 at 6:06 pm

    Property Features for 154 Main St

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Standard status
    Active
    Zoning
    CBD
    Rooms
    Basement
    Basement Y/N
    1
    Size
    8,000 SF
    Lot size
    0.18 Acres

    Utilities

    Cooling system
    Central Air, None (Cooling)

    Building Details

    Year built
    1903
    Floors in Building
    3
    Flooring type
    Laminate
    Building materials
    Block, Brick, Concrete, Vinyl Siding
    Roof type
    Rubber
    Architectural style
    Other

    Terrie O'Connor Realtors (201) 334-5730 [email protected]

    Listing agent DEBRA ZYSKOWSKI (201) 334-5730

    Listing date Oct 13, 2025

    MLS# 3992143 Listing URL

    Copyright © 2025 Garden State MLS, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Mixed-Use Building in Butler Boro

    This large, three-story mixed-use building, originally constructed in 1903, presents a development opportunity in Butler's Main Street Business District. The building, formerly Goldstein Brothers Department Store and later Louis Levine's Clothing, features two finished commercial storefront units on the first floor, one of which is currently rented. These units boast high ceilings. The two upper floors are unfinished, offering various possibilities. Plans exist for six two-bedroom apartments, subject to town approval and potential variances. This property is suited for a builder or investor seeking a project with rental income from the existing commercial spaces. The building is located on a lot of 0.18 acres. The property size is 8000 square feet. The owner believes the building previously had an additional floor, though it is no longer present.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Retail space

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Butler
    County
    Morris
    State
    New Jersey
    Longitude
    -74.34013
    Latitude
    41.00264

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    FAQs

    What type of property is this?
    Mixed-use property - Large mixed-use building with development potential in Butler's Main Street.
    Where is this mixed-use property located?
    The property is located at 154 Main St Butler, NJ.
    What is the asking price?
    The asking price for this property is $529,000.
    What are key features of this property?
    This property features: - Large 3-story mixed-use building in Butler Main Street Business District offering development potential.; - Two finished commercial storefront units on the first floor, one currently rented, providing immediate income.; - Two huge unfinished floors above the commercial space offer significant potential for development (e.g., apartments).
    (201) 334-5730
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    154 Main St Butler, NJ 07405
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    Butler, NJ 07405
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    154 Main St Butler, NJ 07405
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