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    25 Kiel Ave Butler, NJ 7405

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    For Sale
    $689,900

    Fully occupied triplex in prime location near downtown Butler.

    Type:Multi Family
    Added:
    Apr 14, 2026
    Days on Market:
    18
    Last Refresh:
    Apr 14 at 6:51 am

    Property Features for 25 Kiel Ave

    General Information

    Standard status
    Active
    Property subtype
    Multi Family

    Building Details

    Year Built
    1912

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    Listing Contact
    ALEXANDER W HOUSER

    Listing agent ALEXANDER W HOUSER

    Listing office

    Listing date Apr 14, 2026

    Source Elliman

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    All listing content including descriptions, pricing, images are the copyrighted material of ALEXANDER W HOUSER


    Overview

    Butler Triplex with Income Potential

    This is a three-story multifamily property featuring two 2-bedroom, 1-bath units and one 1-bedroom, 1-bath unit. All three apartments include in-unit laundry. Units 1 and 3 have been fully gut renovated and feature open-concept layouts, updated kitchens and bathrooms, and newer appliances. Unit 3 also includes a private rooftop balcony. The property has separate utilities and off-street parking for four vehicles. The property is currently generating $5,700 per month in gross rental income. The property is located within walking distance to downtown Butler’s shops, restaurants, nightlife, and public transportation, with easy access to Routes 23 and 287.
    Location Intelligence

    Current Use by Public Records

    Triplexes

    Suggested Use

    Real Estate Agency Restaurant Law Firm Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Auto Repair Shop Gym & Fitness Center

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Butler
    County
    Morris
    State
    New Jersey
    Longitude
    -74.3615177
    Latitude
    41.0017344

    FAQs

    What type of property is this?
    Triplex - Fully occupied triplex in prime location near downtown Butler.
    Where is this triplex located?
    The property is located at 25 Kiel Ave Butler, NJ.
    What is the asking price?
    The asking price for this property is $689,900.
    What are key features of this property?
    This property features: Fully occupied triplex generating $5,700/month gross income with a 7%+ cap rate.; Offered $20,000 below appraised value.; Prime Butler location within walking distance to downtown shops, restaurants, nightlife, and public transportation.
    More about this property
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