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7 3Rd St, Butler, NJ, 07405

2beds
1baths
--sqft
$425,000
--price/sqft
$3,347/moest. monthly cost
$133,880/yrincome needed

About This Home

Welcome to this charming 2-bedroom, 1-bath home in a fantastic commuter-friendly location! Featuring beautiful hardwood floors throughout. This home offers a warm and inviting atmosphere with timeless appeal.The spacious layout includes two comfortable bedrooms, with a bright living space, making it perfect for everyday living. A walk-up attic provides excellent potential for additional storage or future expansion, while the full basement offers ample storage space and added convenience.Ideally situated with easy access to major transportation routes, shopping, dining, and everyday amenities.

Getting Around

66
WalkingSomewhat Walkable
0
TransitVery Limited Transit
36
BikeSomewhat Bikeable

Schools

5/10
Butler High SchoolGrades 9-120.5 mi
7/10

Construction

Condition

  • Year built: 1940

Materials

  • Roof: Asphalt Shingle
  • Construction materials: Vinyl Siding

Type & Style

  • Home type: SingleFamily
  • Architectural style: Cape Cod,Custom Home
  • Property subType: Single Family Residence

Interior

Appliances

  • Appliances included: Carbon Monoxide Detector,Range/Oven-Gas

Basement

  • Has basement: Yes
  • Basement: Yes,Unfinished

Bedroom1

  • Level: Ground

Bedroom2

  • Level: Ground

Bedrooms & Bathrooms

  • Bedrooms: 2
  • Bathrooms: 1
  • Full bathrooms: 1

Dining Room

  • Level: Ground

Features

  • Bath Main,Dining Room,Kitchen,Living Room
  • Flooring: Wood

Heating

  • Heating features: Baseboard - Hotwater,Natural Gas

Kitchen

  • Features: See Remarks
  • Level: Ground

Living Room

  • Level: Ground

Property

Details

  • Parcel number: 2303000240000000120000

Lot

  • Lot size: 0.25 Acres
  • Lot size dimensions: 54 x 200

Parking

  • Total spaces: 2
  • Parking features: 1 Car Width,Detached Garage,Loft Storage
  • Has garage: Yes
  • Attached garage spaces: 2
  • Covered spaces: 2

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Inland Flooding
    Inland FloodingRelatively High
  • Winter Weather
    Winter WeatherRelatively High
  • Cold Wave
    Cold WaveModerate
  • Lightning
    LightningModerate
  • Strong Wind
    Strong WindModerate

How This Home’s Risks Compare

Inland Flooding
Winter Weather
Cold Wave
Lightning
Strong Wind

FEMA Declared Disasters Across New Jersey Counties

Fire
Severe Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $2,149$25,788
Home Insurance *$125$1,500
Property Taxes $880$10,560
Electricity $193$2,318
Total$3,347$40,164
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$114,754/yr
40% on housing$100,410/yr
45% on housing$89,253/yr

New Jersey FAIR Plan Programs

New Jersey Insurance Underwriting Association

Covered
WildfireWildfire
HailHail
WindWind
Visit Website →
Current Policies
Residential: 7,029Commercial: 173
Total Premiums$5.54M
Total Exposure$1.19B

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 6.8%
6.8%
0%30.0%
Electricity Growth Rate10-year average: 7.1%
7.1%
0%15.0%
Property Taxes Growth Rate2-year average: 1.0%
1.0%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

--This listing

vs Other Active Listings

Avg $/sqft

ZIP 07405$368
Morris County$395

vs Homes Sold Last Month

Median $/sqft

ZIP 07405$316
Morris County$367

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

No zestimate history available

Price History

DateEventPrice
2026-08-07Pending sale$425,000
2026-07-24Listed for sale$425,000

For Sale by Agent

AgentElizabeth Hogan
BrokerageRealty Executives Exceptional

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