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Butler, NJ Multifamily Properties for Sale

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Kinnelon, NJ Bloomingdale, NJ Riverdale, NJ West Milford, NJ Pompton Lakes, NJ Haskell, NJ Wayne, NJ Pequannock Township, NJ
Side-by-Side Duplex
Updated: Jun 30
Side-by-Side Duplex

72-74 Kiel Ave, Butler, NJ 07405

$599,000
0.21 AC lot
Side‑by‑side duplex on a 0.21‑acre corner lot
Unit 72: 2 BR, 1 BA, plus walk‑up attic
Unit 74: 2 BR and 1.1 BA
Shared unfinished basement with interior and exterior Bilco‑door access
Separate gas, electric, heat, and water utilities
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Mixed-Use Property with Retail and Apartments
Updated: Jul 30
Mixed-Use Property with Retail and Apartments

16 Main, Butler, NJ 07405

$1,050,000
2 retail storefronts and 3 residential apartments
Fully leased mixed‑use property
Exclusive parking lot included
Located in Butler Borough’s Main Street business district
Stated cap rate of 7%+
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Side-by-Side Duplex with Attic
Side-by-Side Duplex with Attic

72 Kiel Ave, Butler, NJ 07405

$599,000

Two separate units each with private utilities and a shared unfinished basement on a level corner lot with ample parking.

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See what stands out in Morris County

We check every for-sale listing in the county against comparable properties across the country. Most price about where you would expect. A few are worth a second look.

We check every listing here. A few are worth a second look.

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Based on your search, we've compiled 12 Potential Opportunities for your consideration. Besides 3 Active listings in Butler, NJ, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 5 Off-Market properties to explore as potential leads

Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

Renovated Quadplex
Renovated Quadplex

Haskell, NJ 07420

$999,995

Four-unit residential income property with updated interiors, shared outdoor space, security equipment, and full occupancy.

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Office Building with 2-Family Home
Office Building with 2-Family Home

148 Hamburg Turnpike, Bloomingdale, NJ 07403

$1,100,000

Renovated in 2016, the property includes a 2-family residence and a separate office building with ample on-site parking.

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Duplex Property with Natural Gas
Duplex Property with Natural Gas

Haskell, NJ 07420

$1,079,000

The property includes natural gas service, unfinished interior areas, and on-street parking.

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Mixed-Use Property in Thriving Downtown
Mixed-Use Property in Thriving Downtown

15 Hamburg, Bloomingdale, NJ 07403

$1,000,000

High-visibility mixed-use property with development potential in a high-traffic location.

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Off-Market Properties in Butler, NJ

Consider similar Off-Market properties in Butler, NJ. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

68 Bartholdi Ave
APARTMENT HOUSE (UNDER 5 UNITS)

68 Bartholdi Ave, Butler, NJ 07405-1463

$250,000
Estimated value
3,221 sqft 0.23 AC lot
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35 Carey Ave
APARTMENT HOUSE (UNDER 5 UNITS)

35 Carey Ave, Butler, NJ 07405-1409

$5,695,000
Estimated value
1.57 AC lot
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5 Carey Ave
APARTMENT HOUSE (UNDER 5 UNITS)

5 Carey Ave, Butler, NJ 07405-1464

$490,000
Estimated value
4,132 sqft 1.35 AC lot
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15-17 Vly Rd, Unit 17
APARTMENT HOUSE (UNDER 5 UNITS)

15-17 Vly Rd, Butler, NJ 07405-1717

Unit 17
$445,000
Estimated value
5,977 sqft 0.55 AC lot
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115 Boonton Ave, Unit 129
APARTMENT HOUSE (UNDER 5 UNITS)

115 Boonton Ave, Butler, NJ 07405-1455

Unit 129
$530,000
Estimated value
1.16 AC lot
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Butler, NJ Multifamily Properties Market Trends and Statistics

Explore 8 multifamily properties for sale in Butler, NJ, showcased through 3 active listings on our real estate platform.

Sale prices for multifamily properties in Butler, NJ start at $599,000, averaging $749,333, and reaching up to $1,050,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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Top Commercial Asset Segments

Commercial property segments ranked by active listings on the market

Duplexes 3

Demographics Overview

Population 18K
Population Growth (5Y) +1.4%
Median Household Income $127,500
College Educated 73.8%

High-Yield Neighborhoods for Investment

Identify Butler submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

Neighborhood Average Price
07405 $742K

Taxes & Financing

Tax Rate (average for all types) 2.76%
Property Tax per SF $31.22 per SF
Tax Rate vs County Average 0.24 pp above county avg
Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Morris County

New Delisted

Total CRE Inventory on Market (SF)

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