Welcome home to very rare multi family home in desirable town of Butler NJ. Perfect for either an investor or owner occupant. First floor has 2 bedrooms. kitchen, liv/din room, porch, storage room and deck. 2nd floor includes 2 full baths, 2 bedrooms, kitchen and storage area. Sep gas and electric. Basement is a walk out and has rec room, workshop area and laundry...Priced for a quick sale, this property is sold strictly sold as-is, Both units are month to month and both in good standing... added plus low taxes!
13-unit "bed & breakfast" house zoned as a rooming house, ideal for steady rental income. nestled in a prime location, this property boasts twelve 1-bedroom, 1-bathroom units, each designed for comfortable living. The 13th unit is a spacious manager's apartment, featuring a full kitchen, full bathroom, dining room, and a cozy living room for on-site management. The basement is a communal hub, equipped with a well-appointed kitchen including multiple fridges, upright freezers, microwave, toaster, and Keurig machine, encouraging a sense of community among tenants. Additionally, the basement houses convenient laundry facilities, ensuring hassle-free living. The property promises not only a consistent rental income but also low vacancy rates due to its versatile appeal. This property is bringing in nearly 170k in net profit per year.
The median home value in Butler, NJ is $599,300. This is higher than the county median home value of $427,800. The national median home value is $219,700. The average price of homes sold in Butler, NJ is $599,300. Approximately 83.19% of Butler homes are owned, compared to 12.67% rented, while 4.15% are vacant. Butler real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Butler real estate agent to arrange a tour today!
Butler, New Jersey 07405 has a population of 10,242. Butler 07405 is less family-centric than the surrounding county with 36.82% of the households containing married families with children. The county average for households married with children is 38.31%.
The median household income in Butler, New Jersey 07405 is $147,267. The median household income for the surrounding county is $107,034 compared to the national median of $57,652. The median age of people living in Butler 07405 is 42.8 years.
The average high temperature in July is 83.3 degrees, with an average low temperature in January of 18 degrees. The average rainfall is approximately 50.1 inches per year, with 35 inches of snow per year.