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Single Family ResidenceResidential
$474,238$325 / ft²
TopHap EstimateOur estimate of what this home would sell for today, based on nearby sales, the home's size and features, and local price trends. It is a starting point, not an appraisal.· confidence 95How well the pricing models agreed with each other on this home. Higher means the estimate rests on stronger, more consistent data.· as of Jul 14, 2026
Last sold for $460,000 on Jan 13, 2026

515 RIVER PL

BUTLER, NJ 07405
0
Baths
1,457 ft²
Living AreaTotal finished area of the structures, from county records. Some counties include shared space like hallways or a building gym, so it may not match a listing.
1.26 ac
Lot SizeThe size of the land the home sits on, from county records.
2008
Year BuiltThe year the home was originally built, according to county records.

Valuation

$474K
$450K low$498K high
Last SaleThe most recent sale price and date from the recorded deed. Transfers between family members or companies may not reflect market value.$460,000 · Jan 13, 2026
Est. Owner EquityRoughly how much of the home's value the owner would keep after paying off known loans. It is our estimate minus the loans still owed.$474,238
Est. Lendable EquityThe part of the owner's equity a lender would typically let them borrow against — about 80% of their equity.$379,390

Tax & Assessment

Property TaxThe property tax billed for this tax year. It usually pays for schools, roads, and local services.$9,152 (2024)
Assessed ValueThe value the county assigns to this home to calculate property tax. It is often lower than what the home would sell for.$419,300 (2026)
Assessed LandThe share of the county's assessed value that comes from the land itself, not the buildings.$252,500
Assessed ImprovementsThe share of the county's assessed value that comes from the buildings and other structures on the land.$166,800
Previous AssessedThe county's assessed value from the year before, useful for seeing how the assessment changed.$389,500
Assessor Market ValueThe county assessor's own opinion of market value. It is separate from our estimate and updates on the county's schedule.$419,300

Climate Risk

Projected Flood DepthHow deep a serious flood is expected to get here at some point in the next 30 years. Shown in inches.25 in
30-Year Flood ChanceThe chance of at least one serious flood here in the next 30 years, not in any single year.30%

Scores 0–100; higher = greater projected risk.

Property Facts

Property TypeThe broad category the county puts this property in, such as residential or commercial.Single Family Residence
CountyMORRIS
PoolWhether the property has a pool, and what kind, such as in-ground.No

Transaction History(3)

Sales and refinances filed with the county for this home. Not every transfer is a normal sale, so check the type before comparing prices.

Assigned SchoolsThe public schools this address is zoned for. Boundaries change, so confirm with the district before you count on it.

H
Butler High SchoolC
High · Grades 9–12 · 0.5 mi
E
Aaron Decker SchoolB
Elementary · Grades PK–4 · 0.7 mi
M
Richard Butler SchoolB+
Middle · Grades 5–8 · 0.7 mi

District: Butler Borough School District

Neighborhood · ZIP 07405These are comparison scores, not percentages. 100 equals the national average, so 150 means about 50% above average.

CrimeLocal crime compared with the rest of the country, where 100 is average. It reflects things like population density, income, and how crime gets reported.72
Air pollutionOverall air pollution compared with the rest of the country, where 100 is average. Lower is cleaner.103
EarthquakeEarthquake risk and likely building damage compared with the rest of the country, where 100 is average. Scores can run far above 100.107

Index scale: 100 = US average (tick). Lower is better.

Homes occupiedThe share of homes here that someone lives in. The rest sit empty, including vacation and for-sale homes.96%
Bachelor's or higherThe share of adults 25 and older whose highest degree is a bachelor's degree.39%
Poverty rateThe share of people whose household income falls below the federal poverty line, which varies by family size.4.8%
UnemploymentThe share of men 16 and older who are out of work and actively looking. Only men are counted in this figure.1.3%
PopulationHow many people live in this area.18,807
DensityPeople per square mile. Higher numbers mean a more crowded, urban area.822 / mi²
Median incomeThe middle household income here — half of households earn more, half earn less.$138,382
Average incomeThe average household income. It runs higher than the median when a few high earners pull it up.$163,923
Average tempThe average temperature here across a full year.49°F
Annual precipHow much rain and melted snow falls here in a typical year.52 in
SunshineThe share of daylight hours that get direct sun in a typical year, counting cloud cover.56%

Ownership

OccupancyWhether the owner appears to live here or somewhere else. It is inferred from the mailing address on record.Owner occupied
Company ownedWhether the owner is a company or trust rather than a person.No

Data by ATTOM. Valuations are automated estimates, not appraisals. Photos from Google Street View and may not depict the current property state.

How this home compares

515 River Pl measured against every home in its neighborhood, its ZIP code and its county, using county assessor records refreshed nightly. A home can stand out in one of those areas and look ordinary in another, because each one holds a different mix of homes.

  • Worth less than 89% of homes in Butler 07405
  • Costs less per square foot than 69% of homes in Morris County
  • Smaller than 77% of homes in Butler 07405
  • Has a bigger lot than 89% of homes in Morris County
  • Newer than 97% of homes in Butler 07405

What homes are worth in Butler 07405

Each bar is how many homes fall in that price range. The marker is this home.

This home
$379K$1.7M

This home is worth more than 11% of homes in Butler 07405.

How it measures up in Butler 07405

The dot is this home. The mark in the middle is the typical home in Butler 07405.

Estimated value$474,238
CheaperTypical $690,068Pricier

Pricier than 11% of homes nearby

Price per ft²$325
CheaperTypical $329Pricier

Pricier than 47% of homes nearby

Living area1,457 ft²
SmallerTypical 2,056 ft²Bigger

Bigger than 23% of homes nearby

Lot size1.26 ac
SmallerTypical 0.45 acBigger

Bigger than 70% of homes nearby

Year built2008
OlderTypical 1964Newer

Newer than 97% of homes nearby

How 515 River Pl ranks against every home in each area.
MeasureThis homeButler 07405Morris County
Estimated valuepricier than$474,23811% of homes14% of homes
Price per ft²pricier than$32547% of homes31% of homes
Living areabigger than1,457 ft²23% of homes25% of homes
Lot sizebigger than1.26 ac70% of homes89% of homes
Year builtnewer than200897% of homes95% of homes

About 515 River Pl

How much is 515 River Pl, Butler, NJ worth?

The TopHap Estimate for 515 River Pl, Butler, NJ is $474,238 as of Jul 14, 2026. The likely range is $450,366 to $498,110. The estimate is modelled from recorded sales, assessments and the property's own characteristics — it is not an appraisal.

When did 515 River Pl, Butler, NJ last sell?

515 River Pl, Butler, NJ last sold on Jan 13, 2026 for $460,000, according to the county's recorded deed. TopHap holds 3 recorded sales for this parcel.

When was 515 River Pl, Butler, NJ built?

515 River Pl, Butler, NJ was built in 2008, making it 18 years old.

What schools serve 515 River Pl, Butler, NJ?

515 River Pl, Butler, NJ is assigned to Butler High School (high), rated C; Aaron Decker School (elementary), rated B; Richard Butler School (middle), rated B+. All sit in Butler Borough School District. Attendance boundaries change — confirm with the district before relying on an assignment.

How does 515 River Pl, Butler, NJ compare to other homes in Butler 07405?

Among the 5,871 homes in Butler 07405, it is worth more than 11% of them ($474,238 against a typical $690,068), its price per square foot is higher than 47% of them ($325 against a typical $329), it is bigger than 23% of them (1,457 ft² against a typical 2,056 ft²), its lot is bigger than 70% of them (1.26 ac against a typical 0.45 ac) and it is newer than 97% of them (2008 against a typical 1964). Measured against all of Morris County, it is worth more than 14% of homes there. These shares are recounted nightly from the full county assessor record for each area, not from active listings.

What are the property taxes on 515 River Pl, Butler, NJ?

The 2024 property tax bill for 515 River Pl, Butler, NJ was $9,152. The county assessed it at $419,300.

More homes on River Pl

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Assigned schools

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