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16 Main St Butler, NJ $ 1,050,000
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16 Main St
$ 1,050,000
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16 Main St

Butler, NJ, 07405
$ 1,050,000
Bedrooms-- Baths-- Sq 4,773

Monthly Estimate*

$ 6,630

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Commercial Property for sale in Butler, NJ

for $1,050,000 with 2 half baths. This 4,773 square foot building was built in 1893 on a lot size of 0.1.

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%+

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Commercial Active

Price

$ 1,050,000

Half Bath

2

Property Type

Commercial

Taxes

$ 12,379

Style

MixedUse

Lot Size

0.1

Year Built

1893

Town/City

Butler

County/Region

Morris

MLS | Web ID

4043626
Features
General
Sewer Public Sewer
Construction Formed Concrete Wood
Heating Baseboard - Electric
Cooling Window A/C(s)
Utilities Gas-Natural
Possession upon closing
Roof Asphalt Shingle
Zoning commercial
Year Built 1893
Tenant Pays Electric Gas Heat Maintenance-Common Area Sewer Snow Removal Water
Township Butler Boro
Property Type Mixed Use Store With Apartment MixedUse
Tax Year 2025
Ownership Fee Simple
Location Business District
Gross Income 91320
County Morris
Net Operating Income 70060
Operating Expense 21260
Status Active
Directions Google Map
Number Of Units Total 5
Tax Annual Amount 12379
Drive Parking Lot-Exclusive See Remarks
Leasable Area 0
Standard Status Active
Tax Assessed Value 528100
Town # 2303
Tax Lot 23
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Interior
Basement Crawl Space
Fuel Type Gas-Natural
Total Stories 2
Half Baths 2
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Exterior
Lot Features Corner
Water Source Public Water
Exterior Description Aluminum Wood
Building Area Total 4773
Lot Dimensions 50X83 AVG
Lot Size Acres 0.10
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* Excluded Features
List By
SU ZHENG

Listing Agent

Exp Realty, Llc

Broker

Affordability Calculator

$7,661
Per Month
87%
13%
0%
Monthly Principal & Interest
$6,630
Monthly Property Taxes
$1,032
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
291163 Elementary School
291353 Middle School
Unknown High School High School
See complete school information
Pricing History
DatePricePrice ChangeDescription
7/29/2026$1,050,000 Listed Price

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16 Main St, Butler, NJ, 07405 is a Commercial Property for sale at $1,050,000 with 4,773 sqft and a lot size of 0.1. 16 Main St was built in 1893. The property's zip code is 07405 which is in Butler, NJ

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