$420,000

22 Terrace Ave, Butler Boro, NJ 07405

  • 3 beds |
  • 2 baths
  • Property Icon Multi-Family Home
  • Property Year Built Icon Built in 1932
  • Property Lot Size Icon5,663sqft lot
  • Property Parking Icon 1 car garage
  • Property Price Per Square Feet Icon $——/sqft
  • Property List Date Icon Listed 19 days ago

Property Description

Fantastic 2-Unit Opportunity! Don't miss this income-producing property w/ prime location close to shopping & public transportation. Unit One: 2 BR, 1 BA, Spacious LR, Large Eat-in Kitchen & rear porch for added outdoor space. Ground Floor Unit: 1 BR, 1 BA, LR & Eat-in Kitchen. Both units are equipped w/ in-unit washer/dryer for convenience. Additional highlights include a built-in 1-car garage and a generous property size, offering both value & potential. Currently generating just under $40,000 annually in rental income, this is a fantastic investment opportunity whether you're looking to expand your portfolio or live in one unit while collecting rent from the other.

Listing Status:
Pending
Date Added:
September 27, 2025 at 12:00AM
Listing Office:
KELLER WILLIAMS PROSPERITY REALTY : 973-696-0077
MLS ID:
3988748
  • A/C: Window A/C(s)
  • Heating: Baseboard - HotwaterGas-Natural
  • General: Vinyl Siding
  • Parking: Parking spaces: 4
  • Roofing: Asphalt Shingle
  • County: Morris
  • Driveway: Blacktop
  • Zoning: 2303-00307-0000-00024-0001-
  • Utilities: Gas-Natural
  • Water: Public Water
  • Sewer: Public Sewer

This listing courtesy of KELLER WILLIAMS PROSPERITY REALTY

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

Schools Nearby

A

Aaron Decker School

98 Decker Rd, Butler, NJ, 07405

Grades PK-4

0.24 miles away

R

Richard Butler School

30 Pearl Pl, Butler, NJ, 07405

Grades 5-8

1.24 miles away

B

Butler High School

38 Bartholdi Ave, Butler, NJ, 07405

Grades 9-12

1.08 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.