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Three-Unit Triplex with Separate Utilities
For Sale
$690,000

154 Butler Street, Paterson, NJ 07524

Three private residential units span three levels, with each offering two bedrooms, one bath, and separately metered utilities.

Property SizeContact for details
Days on Market78

Property Features for 154 Butler Street

General Information

Standard status Active
Property subtype MULTI_FAMILY

Units

Unit Mix 3 x 2BR/1BA
Multifamily Units 3

Taxes and HOA fees

Annual Taxes $7,900

Building Details

Buildings 1
Stories 3
Listing Agency: Coldwell Banker, Ridgewood
Listed By: Sylvia Eskander
Source: Tarvinrealtors
Added: Jun 15 Changed: Aug 30 Last Checked: Jul 29 at 4:49AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Coldwell Banker, Ridgewood

Investment Insights

Based on property information with market context.

This triplex contains three distinct residential units distributed across three levels. Each unit provides a two-bedroom, one-bath layout, creating a consistent configuration throughout the building. Separate utilities serve the individual units, supporting independent household occupancy and utility management.

The property is located at 154 Butler Street in Paterson, New Jersey. Its three-unit design and repeated floor plans offer a straightforward multifamily configuration for residential ownership and operation.

Key Highlights

  • Three‑family property with one unit on each of three levels
  • Each unit includes 2 bedrooms and 1 bath
  • Separate utilities serve the individual units

Property Analytics

Current Use

Triplexes

Suggested Use

Top Pick Real Estate Agency Skin Care Clinic Law Firm Cafe & Coffee Shop Dental Office (Bike/Boat/Book/etc) Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

3
Residential units

Location Intelligence

Trade Area within ½ mile

1,672
Businesses Nearby

Demographics for 07524, NJ

14,130
Population
4,670
Households
3
Avg Household Size
33
Median Age
13%
College-Educated
73%
High-School Grad
0.8 sq mi
ZIP Area
17,663
Density / Sq Mi
$50,033
Median Household Income
$31,934
Median Earnings
$1,386
Median Rent
$360,200
Median Home Value

Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Triplex - Three private residential units span three levels, with each offering two bedrooms, one bath, and separately metered utilities.
Where is this triplex located?
The property is located at 154 Butler Street Paterson, NJ.
What is the asking price?
The asking price for this property is $690,000.
What are key features of this property?
This property features: Three‑family property with one unit on each of three levels; Each unit includes 2 bedrooms and 1 bath; Separate utilities serve the individual units
More about this property
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