For sale

Price cut: $20K (3/26)

$475,000

115 Butler St, Paterson, NJ 07524

5beds

0baths

--sqft

Est.:

Multi Family

Built in ----

-- sqft lot

$492,300 Zestimate^®

$--/sqft

$-- HOA

What's special

Semi-finished basementAbundant storage spaceLaundry and utilities area

Welcome to 115 Butler St, Paterson an excellent 2-Family opportunity offering flexibility, space, and affordability. The 1st-floor apartment features 3 Beds and benefits from a central forced hot air heating system. The 2nd unit is a spacious duplex-style layout, offering 2 Beds on the 2nd floor plus a large additional Bed on the 3rd floor, along with abundant storage space.The semi-finished basement adds valuable bonus space, featuring a large leisure/recreation room, laundry and utilities area, and plenty of storage. Convenient basement access to the 1st-floor hallway as well as a direct exit to the backyard enhances functionality.An ideal property for owner-occupants or investors alike, this home presents a great and affordable opportunity to start homeownership while generating rental income. It is conveniently located near local amenities, shopping, and transportation.

88 days

1,042

34

Tour with a local agent

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 5
Bathrooms: 0

Heating

Central, Baseboard, Natural Gas

Cooling

Window Unit(s), Gas

Features

Basement: Partially Finished,Walk-Out Access

Video & virtual tour

View virtual tour

Property

Parking

Parking features: None

Details

Parcel number: 0802911000000016

Construction

Type & style

Home type: MultiFamily
Architectural style: Other
Property subtype: Multi Family

Materials

Aluminum Siding, Stucco

Community & HOA

Location

Region: Paterson

Financial & listing details

Tax assessed value: $140,000
Annual tax amount: $7,133
Date on market: 1/2/2026

Estimated market value

$492,300

$468,000 - $517,000

$2,140/mo

Price history

Date	Event	Price
3/26/2026	Price change	$475,000-4%
Source: NJMLS #25043746 Report a problem
3/23/2026	Pending sale	$495,000+4.2%
Source: GSMLS #4003006 Report a problem
3/21/2026	Price change	$475,000-4%
Source: HCMLS #250025707 Report a problem
12/31/2025	Listed for sale	$495,000+236.7%
Source: GSMLS #4003006 Report a problem
5/30/2014	Sold	$147,000-3.3%
Source: GSMLS #3122544 Report a problem
3/6/2014	Listed for sale	$152,000-15.5%
Source: RE/MAX Legend - Wayne #1406561 Report a problem
12/4/2013	Listing removed	$179,900
Source: RE/MAX Legend - Wayne #1320088 Report a problem
6/5/2013	Listed for sale	$179,900-27.8%
Source: RE/MAX Legend - Wayne #1320088 Report a problem
1/15/2012	Listing removed	$249,000
Source: RE/MAX Legend - Wayne #2871222 Report a problem
12/9/2011	Listed for sale	$249,000+66%
Source: RE/MAX Legend - Wayne #2871222 Report a problem
11/14/2002	Sold	$150,000
Source: Public Record Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$7,133 +3.9%	$140,000
2024	$6,864 +1.8%	$140,000
2023	$6,744 +7.6%	$140,000
2022	$6,266	$140,000
2021	$6,266 +10.6%	$140,000
2020	$5,664 -3.2%	$140,000 +2.2%
2019	$5,849 +4.8%	$137,000 +1.3%
2018	$5,583 -7.8%	$135,200 +0.7%
2017	$6,053 +5.6%	$134,200 -3.8%
2016	$5,731 -26.6%	$139,500
2015	$7,804 +5.7%	$139,500 -48.2%
2014	$7,384 +9.1%	$269,100
2013	$6,768	$269,100
2012	$6,768 +18.3%	$269,100
2011	$5,721 +10.1%	$269,100
2010	$5,196	$269,100
2009	--	$269,100
2008	--	$269,100
2007	--	$269,100 +2281.4%
2006	--	$11,300
2005	--	$11,300
2004	--	$11,300
2003	--	$11,300
2002	--	$11,300
2001	--	$11,300