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81 Summit Ave, Butler, NJ, 07405

3beds
2baths
--sqft
$609,000
--price/sqft
$4,712/moest. monthly cost
$188,480/yrincome needed

About This Home

Beautifully updated & move-in ready, this exceptional home is ideally located on the desirable Kinnelon side of Butler in the private Lake Edenwold community. Step inside to an inviting Family Room w/ convenient Powder Room before entering the impressive main living level, where a contemporary open-concept design seamlessly connects the Dining Room, Living Room & Kitchen, creating the perfect setting for everyday living & entertaining. Cathedral ceilings & abundant windows fill the space w/natural light, while an walkout leads to the fenced backyard & beautiful patio, ideal for outdoor gatherings. The stylish Eat-in Kitchen features gorgeous wood cabinetry, granite countertops, SS appliances & a breakfast bar w/seating for four. Upstairs, you'll find three good sized Bedrooms & a Full Bath w/tub/shower. Wood floors & recessed lighting add warmth & style throughout, while the basement offers a dedicated Laundry Room & ample storage. Optional Lake Edenwold membership offers access to the beach, swimming, boating, catch-and-release fishing, pavilions, scenic waterfalls & year-round community activities. Newer roof 2021. Convenient to Routes 287 & 23, shopping, restaurants & more! Close to NYC bus.

Getting Around

33
WalkingCar-Dependent
0
TransitVery Limited Transit
31
BikeSomewhat Bikeable

Schools

7/10
5/10
Butler High SchoolGrades 9-120.9 mi

Construction

Condition

  • Year built: 1957

Materials

  • Roof: Asphalt Shingle
  • Construction materials: Stone,Vinyl Siding

Type & Style

  • Home type: SingleFamily
  • Property subType: Single Family Residence

Interior

Appliances

  • Appliances included: Dishwasher,Range/Oven-Gas,Refrigerator
  • Laundry features: In Basement

Basement

  • Features: Laundry Room, Storage Room, Utility Room

Basement

  • Has basement: Yes
  • Basement: Yes,Partial,Unfinished,Sump Pump

Bedroom1

  • Level: Third
  • Area: 154

Bedroom2

  • Level: Third
  • Area: 88

Bedroom3

  • Level: Third
  • Area: 121

Bedrooms & Bathrooms

  • Bedrooms: 3
  • Bathrooms: 2
  • Full bathrooms: 1
  • 1/2 bathrooms: 1

Dining Room

  • Features: Formal Dining Room
  • Level: Second
  • Area: 180

Family Room

  • Level: Ground
  • Area: 286

Features

  • Foyer
  • Flooring: Tile,Vinyl-Linoleum,Wood

Heating & Cooling

  • Heating features: 1 Unit,Baseboard - Hotwater,Natural Gas
  • Cooling features: Central Air

Kitchen

  • Features: Breakfast Bar,Eat-in Kitchen
  • Level: Second
  • Area: 255

Living Room

  • Level: Second
  • Area: 126

Property

Details

  • Parcel number: 2303000610001000030000
  • Zoning description: R3
  • Exclusions: Electric Fireplace in Living Room

Features

  • Levels: Multi/Split,Split Level
  • Patio & porch: Patio
  • Fencing: Wood
  • Waterfront features: Lake Privileges

Lot

  • Lot size: 7,840 sqft
  • Features: Level
  • Lot size dimensions: 62 x 125

Parking

  • Total spaces: 4
  • Parking features: 1 Car Width,Asphalt
  • Has garage: Yes
  • Attached garage spaces: 1
  • Covered spaces: 1
  • Uncovered spaces: 4

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

  • Cold Wave
    Cold WaveModerate
  • Inland Flooding
    Inland FloodingModerate
  • Strong Wind
    Strong WindModerate
  • Winter Weather
    Winter WeatherModerate

How This Home’s Risks Compare

Cold Wave
Inland Flooding
Strong Wind
Winter Weather

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 $3,079$36,948
Home Insurance *$179$2,148
Property Taxes $1,261$15,132
Electricity $193$2,318
Total$4,712$56,544
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$161,554/yr
40% on housing$141,360/yr
45% on housing$125,653/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$365
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$609,000
2026-07-13Listed for sale$609,000
2016-09-29Sold$340,000
2016-07-07Listed for sale$364,000
1996-09-05Sold$150,000

For Sale by Agent

AgentJudith Longo
BrokerageBhgre Green Team

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