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305 Cambridge Dr #305, Butler, NJ, 07405

2beds
3baths
1,955sqft
$499,000
$255price/sqft
$3,649/moest. monthly cost
$145,960/yrincome needed

About This Home

Welcome to this spacious and bright 2BR, 2.1-bath townhouse with built in garage & dedicated driveway. Located in Cambridge Heights at Terrace Lake primely situated directly across from the clubhouse & near pool! Offering high ceilings & an abundance of natural light this home is ready to go and is the perfect blank slate for a buyer looking to put their own personal style in place. Dramatic entry foyer leads to main level featuring bright kitchen with white cabinetry & appliances plus ample breakfast room. Open Living & Dining Space: Expansive open layout featuring a gas fireplace and access to a private deck perfect for that first sip of morning coffee or a place to curl up with a good book. Powder Room: Conveniently located half bath for guests.Upstairs includes the primary suite: Generously sized bedroom complete with its own private en-suite bath & ample closet space; Second bedroom bedroom with easy access to a full bath that includes a tub/shower; Laundry on the bedroom level for ultimate day-to-day convenience.Finished walk-out lower level - that extra gem of space with enough privacy to make a nice home office or media room, with access to the built in garage & walk out to patio. Plus ample storage space & utility access through garage. HVAC approx 3 years old. Buyer will receive one year Americas Preferred Home Warranty at closing. Cambridge Heights is Butler's private gated community with pool, gym & clubhouse, conveniently located right off of Route 23.

Getting Around

46
WalkingCar-Dependent
0
TransitVery Limited Transit
32
BikeSomewhat Bikeable

Schools

7/10
5/10
Butler High SchoolGrades 9-121.4 mi

Construction

Condition

  • Year built: 2001

Materials

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

Type & Style

  • Home type: Townhouse
  • Property subType: Townhouse

Interior

Appliances

  • Appliances included: Carbon Monoxide Detector,Range/Oven-Gas,Refrigerator
  • Laundry features: Laundry Room,Level 2

Basement

  • Features: FamilyRm,GarEnter,Utility

Basement

  • Has basement: Yes
  • Basement: Yes,Finished,Walk-Out Access

Bedroom1

  • Level: Second
  • Area: 221

Bedroom2

  • Level: Second
  • Area: 182

Bedrooms & Bathrooms

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

Dining Room

  • Features: Living/Dining Combo
  • Level: First
  • Area: 156

Family Room

  • Level: Basement
  • Area: 323

Features

  • High Ceilings,Utility Room,Bathroom
  • Window features: Shades
  • Flooring: Carpet,Tile
  • Number of fireplaces: 1
  • Fireplace features: Gas
  • Fireplace: Yes
  • Common walls with other units/homes: 2+ Common Walls,Townhouse-Interior

Heating & Cooling

  • Heating features: 1 Unit,Forced Air,Natural Gas
  • Cooling features: 1 Unit,Central Air

Interior Area

  • Total structure area: 1,955
  • Total interior livable area: 1,955 sqft

Kitchen

  • Features: Eat-in Kitchen,Separate Dining Area
  • Level: First

Living Room

  • Level: First
  • Area: 204

Master Bathroom

  • Features: Stall Shower

Property

Details

  • Parcel number: 2303001010006000030000
  • Attached to another structure: Yes
  • Zoning description: Residential

Features

  • Levels: Multi Floor Unit
  • Private pool: Yes
  • Pool features: Outdoor Pool,Association
  • Patio & porch: Deck,Patio
  • Exterior features: Curbs,Sidewalk
  • Waterfront features: Lake

Lot

  • Lot size: 5,227 sqft
  • Lot size dimensions: 0.1192 AC

Parking

  • Total spaces: 1
  • Parking features: 1 Car Width,Asphalt,Driveway-Exclusive
  • Has garage: Yes
  • Attached garage spaces: 1
  • Covered spaces: 1
  • Has uncovered spaces: Yes
  • Uncovered spaces: 1

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 $2,523$30,276
Home Insurance *$146$1,752
Property Taxes $765$9,180
Electricity $215$2,586
Total$3,649$43,788
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$125,108/yr
40% on housing$109,470/yr
45% on housing$97,306/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

$255This listing

vs Other Active Listings

Avg $/sqft

ZIP 07405$367
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
2026-08-10Pending sale$499,000
2026-07-24Listed for sale$499,000

For Sale by Agent

AgentKristen Deleo
BrokerageRealty Executives Exceptional

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