Turnkey 3-Family Home The Perfect Live-in InvestmentWelcome to your new home and smart financial future! This completely renovated three-family property offers the perfect blend of modern comfort and effortless income. Each of the three private units features a thoughtful layout with 2 bedrooms and 1 bathroom, making them highly desirable for renters.Say goodbye to management headaches! The property is designed for efficiency, with separate meters and boilers for each apartment. This means tenants are responsible for their own utilities, streamlining your responsibilities and maximizing your profit.Live in one beautiful unit and let the other two generate significant rental income, providing a powerful way to offset your mortgage or build long-term wealth. This is more than just a home, it's an intelligent path to financial freedom. Don't miss this rare opportunity to own a fully updated, income-producing property. Buyer can get the assumable mortgage with 5.47% interest rate ,The buyer takes over the remaining balance, monthly payment.Total yearly income $64680 & Total yearly expenses $ 9400.Don't miss this opportunity.
Active
$675,000
154 Butler St, Paterson City, NJ 07524
6beds
2,700sqft
Multi Family
Built in 1939
-- sqft lot
$687,100 Zestimate®
$250/sqft
$-- HOA
What's special
- 28 days
- 354
- 20
Zillow last checked:
Listing updated:
Listed by:
Sylvia Eskander 201-707-7756,
Coldwell Banker Realty
Source: GSMLS,MLS#: 4049686
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 6
- Bathrooms: 3
- Full bathrooms: 3
Heating
- Forced Air, Natural Gas
Cooling
- Central Air
Features
- Bedrooms, Eat-in Kitchen, Family Room, Eat-In Kitchen
- Basement: Yes,Finished,Partial
- Has fireplace: No
Interior area
- Total structure area: 2,700
- Total interior livable area: 2,700 sqft
Property
Parking
- Parking features: See Remarks
Features
- Levels: 3-Three Story
- Stories: 3
Lot
- Size: 1,742 Square Feet
- Dimensions: 25 x 72
Details
- Parcel number: 2508029080000000300000
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Vinyl Siding
- Roof: Asphalt Shingle
Condition
- Year built: 1939
- Major remodel year: 2022
Utilities & green energy
- Gas: Gas-Natural
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Natural Gas Connected
Community & HOA
Location
- Region: Paterson
Financial & listing details
- Price per square foot: $250/sqft
- Tax assessed value: $628,300
- Annual tax amount: $7,511
- Date on market: 8/31/2026
- Total actual rent: 5390
- Tenant pays: Electricity, Gas, Tenant Pays Heat, Tenant Pays Electric, Tenant Pays Gas
Estimated market value
$687,100
$653,000 - $721,000
$2,326/mo
Price history
| Date | Event | Price |
|---|---|---|
| 8/31/2026 | Listed for sale | $675,000-2.2%$250/sqft |
Source: | ||
| 8/19/2026 | Listing removed | $690,000$256/sqft |
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| 6/15/2026 | Listed for sale | $690,000$256/sqft |
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| 6/4/2026 | Listing removed | $690,000$256/sqft |
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| 5/30/2026 | Price change | $690,000-1.3%$256/sqft |
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| 4/8/2026 | Listed for sale | $699,000$259/sqft |
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| 3/20/2026 | Listing removed | $699,000$259/sqft |
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| 9/23/2025 | Listed for sale | $699,000-6.7%$259/sqft |
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| 8/6/2025 | Listing removed | $749,000$277/sqft |
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| 5/30/2025 | Listed for sale | $749,000+38.7%$277/sqft |
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| 2/15/2023 | Sold | $540,000+157.1%$200/sqft |
Source: Public Record Report a problem | ||
| 3/4/2022 | Sold | $210,000+40%$78/sqft |
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| 10/27/2021 | Pending sale | $150,000$56/sqft |
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| 10/27/2021 | Contingent | $150,000$56/sqft |
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| 9/19/2021 | Listed for sale | $150,000$56/sqft |
Source: | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $7,174 +3.9% | $140,800 |
| 2024 | $6,903 +1.8% | $140,800 |
| 2023 | $6,782 +23.1% | $140,800 +14.4% |
| 2022 | $5,510 | $123,100 |
| 2021 | $5,510 +10.7% | $123,100 |
| 2020 | $4,977 -3.1% | $123,100 +2.2% |
| 2019 | $5,135 +4.8% | $120,400 +1.4% |
| 2018 | $4,900 -7.7% | $118,700 +0.8% |
| 2017 | $5,311 +5.6% | $117,800 -3.8% |
| 2016 | $5,028 -37.5% | $122,400 |
| 2015 | $8,039 +5.7% | $122,400 -55.8% |
| 2014 | $7,606 +9.1% | $277,200 |
| 2012 | $6,972 +18.3% | $277,200 |
| 2011 | $5,893 +10.1% | $277,200 |
| 2010 | $5,353 | $277,200 |
| 2009 | -- | $277,200 |
| 2008 | -- | $277,200 |
| 2007 | -- | $277,200 |
Find assessor info on the county website
Monthly payment
Est. payment








