Renovated Three-Unit
For Sale
$699,000
154 Butler Street Unit 3, Paterson, NJ 07524
Three separately metered apartments provide a streamlined multifamily configuration with individual boilers and utility responsibility.
Property Size900 SF
Price / SF$776.67
Days on Market146
Property Features for 154 Butler Street Unit 3
General Information
Standard status
Active
Size
900 SF
Property subtype
Multi Family / 3-Three Story
Net Operating Income
$54,800
Units
Unit Mix
3 x 2BR/1BA
Multifamily Units
3
Additional Details
Cap Rate
8%
Taxes and HOA fees
Annual Taxes
$7,600
Amenities
Yes
Asphalt Shingle
Finished, Partial
Vinyl Siding
Building Details
Year Built
1939
Listing Agency:
COLDWELL BANKER REALTY RDG
(201) 445-9400
Listed By:
SYLVIA ESKANDER · License #304486
(201) 445-9400
Source:
Compass
Added: Apr 8
Changed: Aug 30
Last Checked: Aug 30 at 9:48AM
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 REALTY RDG
Investment Insights
Based on property information with market context.
This renovated triplex at 154 Butler Street includes three private apartments, each arranged with 2 bedrooms and 1 bathroom. Separate meters and individual boilers serve the units, while tenants are responsible for their own utilities. The property was built in 1939 and features vinyl siding, asphalt shingle roofing, and finished partial basement space.
The three-unit configuration supports an 8% cap rate and offers an owner-occupant the option to reside in one apartment while leasing the remaining units. The property is identified as Unit 3 in Paterson, New Jersey, and is offered for sale.
The three-unit configuration supports an 8% cap rate and offers an owner-occupant the option to reside in one apartment while leasing the remaining units. The property is identified as Unit 3 in Paterson, New Jersey, and is offered for sale.
Key Highlights
- Three‑unit triplex with 2 bedrooms and 1 bathroom in each apartment
- Renovated multifamily property with separate meters for each unit
- Individual boilers serve all three apartments
Property Analytics
Property Profile
Current Use
Lease Details
3
Residential units
Location Intelligence
Trade Area within ½ mile
1,672
Businesses Nearby
Explore this area
Business Placement
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
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Triplex - Three separately metered apartments provide a streamlined multifamily configuration with individual boilers and utility responsibility.
Where is this triplex located?
The property is located at 154 Butler Street Unit 3 Paterson, NJ.
What is the asking price?
The asking price for this property is $699,000.
What are key features of this property?
This property features: Three‑unit triplex with 2 bedrooms and 1 bathroom in each apartment; Renovated multifamily property with separate meters for each unit; Individual boilers serve all three apartments
