Butler, NJ
Full City Profile · New Jersey · Morris County County
3.8
/5.0
B+
Good
8,072
Population
3,976/sq mi density
$110,375
Median Income
$52,386 per capita
$425,900
Home Value
$538,782 Zillow
$1,455
Median Rent
24.6% income on rent
52°F
Avg Temperature
275 sunny days/yr
13
Violent Crime/100K
342 property/100K
B+
Overall
3.8 / 5.0
Good overall score based on economy, affordability, safety and education
A+
Economy
4.8 / 5.0
$110,375 median income, 3.6% unemployment
A+
Affordability
4.5 / 5.0
$425,900 home value, $1,455/mo rent
F
Safety
1.3 / 5.0
13 violent crimes/100K
A+
Education
4.6 / 5.0
45.1% bachelor's degree or higher
Housing Overview
Median Home Value
$425,900
51% above
US avg: $281,900
Median Rent
$1,455/mo
25% above
US avg: $1,163/mo
Homeownership Rate
67.7%
4% above US avg (65.4%)
Total Housing Units
3,523
Median year built: 1963
Home Value by Source
Census Median
$425,900
Zillow (ZHVI)
$538,782
Median Sale Price
$497,500
Median List Price
$612,400
Census ACS, Zillow ZHVI, Redfin median sale price
Ownership vs. Renting
67.7%
Owner-Occupied
32.3%
Renter-Occupied
US avg: 65.4% owner-occupied
Fair Market Rents (HUD FY2026)
Studio
$1,599/mo
1 Bedroom
$1,759/mo
2 Bedroom
$2,132/mo
3 Bedroom
$2,658/mo
4 Bedroom
$3,005/mo
Census median rent:
$1,455/mo
Market Indicators (Redfin)
Median Days on Market
54 days
Sale-to-List Ratio
1.0%
Buyers market
Homes Sold
4
Price Drops
0.0%
of listings with price reduction
Price Per Sq Ft
$259
Active Inventory
9
homes for sale
Affordability & Housing Stock
Rent Burden
24.6%
of renters spending 30%+ of income on housing
21% below US avg (31.0%)
Median Year Built
1963
Average age of housing stock: 63 years
Homeownership Rate
67.7%
Complete Housing Data
Home Values
| Census Median Value | $425,900 |
| Zillow Home Value (ZHVI) | $538,782 |
| Median Sale Price | $497,500 |
| Median List Price | $612,400 |
| Price Per Sq Ft | $259 |
Rent
| Census Median Rent | $1,455 |
| FMR Studio | $1,599 |
| FMR 1-Bedroom | $1,759 |
| FMR 2-Bedroom | $2,132 |
| FMR 3-Bedroom | $2,658 |
| FMR 4-Bedroom | $3,005 |
Market
| Days on Market | 54 |
| Sale-to-List Ratio | 1.0% |
| Price Drops | 0.0% |
| Homes Sold | 4 |
| Active Inventory | 9 |
| Price Per Sq Ft | $259 |
Ownership & Stock
| Owner-Occupied | 67.7% |
| Renter-Occupied | 32.3% |
| Homeownership Rate | 67.7% |
| Total Housing Units | 3,523 |
| Median Year Built | 1963 |
| Rent Burden | 24.6% |
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