Calling All Investors! An exceptional opportunity to own a fully leased mixed-use investment property in the heart of Butler's thriving Main Street business district. This income-producing asset features 2 established retail storefronts and 3 residential apartments, exclusive parking lot, offering a diversified rental portfolio with stable cash flow.The property is anchored by long-term commercial tenants, providing dependable income, while the residential units add consistent rental revenue. Located in a high-visibility, high-traffic location with excellent exposure, surrounded by local businesses, restaurants, and everyday conveniences.Whether you're looking to expand your investment portfolio or complete a 1031 exchange, this turnkey property offers strong income potential, multiple income streams, and long-term appreciation in a desirable North Jersey market. 2 Store fronts +3 apt units, cap7%+
Active
$1,050,000
16 Main St #16, Butler Boro, NJ 07405
--beds
2baths
4,773sqft
Apartment
Built in 1893
-- sqft lot
$-- Zestimate®
$220/sqft
$-- HOA
What's special
Exclusive parking lot
- 23 days |
- 589 |
- 18 |
Zillow last checked:
Listing updated:
Listed by:
Su Zheng 201-661-0369,
Exp Realty, Llc
Source: GSMLS,MLS#: 4043626
Facts & features
Interior
Bedrooms & bathrooms
- Bathrooms: 2
Heating
- Baseboard - Electric, Natural Gas
Cooling
- Window Unit(s)
Features
- Doors: Max Door Height: 0
- Basement: None,Crawl Space
Interior area
- Total structure area: 4,773
- Total interior livable area: 4,773 sqft
Property
Parking
- Parking features: Parking Lot-Exclusive, See Remarks
Features
- Stories: 2
Lot
- Size: 4,356 Square Feet
- Dimensions: 50 x 83 AVG
- Features: Corner Lot, Business District
Details
- Parcel number: 2303000250000000230000
- Zoning description: commercial
- Other equipment: Appliances
Construction
Type & style
- Home type: Apartment
- Property subtype: Apartment
- Attached to another structure: Yes
Materials
- Formed Concrete, Wood, Wood Siding
- Roof: Asphalt Shingle
Condition
- Year built: 1893
Utilities & green energy
- Gas: Gas-Natural
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Natural Gas Connected
Community & HOA
Community
- Security: Smoke Detector(s)
Location
- Region: Butler
Financial & listing details
- Price per square foot: $220/sqft
- Tax assessed value: $528,100
- Annual tax amount: $12,379
- Date on market: 7/29/2026
- Inclusions: Building Only
- Ownership type: Fee Simple
- Tenant pays: Electricity, Gas, Heat, Common Area Maintenance, Sewer, Snow Removal, Water, All Utilities
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 7/29/2026 | Listed for sale | $1,050,000$220/sqft |
Source:  GSMLS #4043626 Report a problem | ||
Public tax history
Tax history is unavailable.
Monthly payment
Est. payment
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.Climate risks
Neighborhood: 07405
Nearby schools
GreatSchools rating
- 7/10Richard Butler Elementary SchoolGrades: 5-8Distance: 0.6 mi
- 5/10Butler High SchoolGrades: 9-12Distance: 0.4 mi
- 7/10Aaron Decker Elementary SchoolGrades: PK-4Distance: 1.1 mi
- $535,300-- bd-- ba-- sqft15 Main St STE A, Butler, NJ 07405Off Market
- $585,7003 bd-- ba-- sqft16 Main St, Butler, NJ 07405Off Market
- $433,7004 bd2 ba1.5k sqft112 Arch St, Butler, NJ 07405Off Market
- $361,900-- bd-- ba1k sqft9-11 Plane St, Butler, NJ 07405Off Market
- $--1 bd1 ba-- sqft34 Main St APT C, Butler, NJ 07405Off Market
- $--1 bd1 ba-- sqft34 Main St APT A, Butler, NJ 07405Off Market
- $--1 bd1 ba-- sqft34 Main St APT B, Butler, NJ 07405Off Market
- $445,2001 bd1 ba-- sqft34 Main St APT D, Butler, NJ 07405Off Market
A local agent can set up tours, give advice and negotiate with sellers.
A local lender can help you make sure your offer is ready when you are.
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