25 Kiel Ave, Butler, NJ 07405

Building Details

Year Built

1912

Listing agent ALEXANDER W HOUSER

Listing office A***@houserteam.com

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

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Overview

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.

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

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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.