# 25 Kiel Ave, Butler Boro, NJ 07405-1393

> **TL;DR:** 5bd/3ba residential multi family, $719,900, built 1912.
> Basement. Est. $3,120/mo. Listed 1 days.

## Property at a Glance

| Attribute | Value |
|-----------|-------|
| Price | $719,900 |
| Bedrooms | 5 |
| Bathrooms | 3 full |
| Year Built | 1912 |
| Lot Size | 3,049 sqft (0.07 acres) |
| Property Type | Residential Multi Family (Other) |
| Status | For Sale |
| Days on Market | 1 |

## Estimated Monthly Costs

| Category | Amount |
|----------|--------|
| Mortgage (20% down, 6.5%) | $3,120 |
| **Total** | **$3,120** |

## Key Amenities

- Basement

## Property Highlights

- Built in 1912
- 0.07 acre lot
- 4 parking spaces

## Description

### Agent Description
Rare, fully occupied triplex in a prime Butler location. 25 Kiel Ave is a unique three-story multifamily property, grandfathered by the borough, offering a compelling opportunity for both investors and owner-occupants alike. This income-producing asset features two 2-bedroom, 1-bath units and one 1-bedroom, 1-bath unit, with in-unit laundry in all three apartments. 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, adding even more appeal. Separate utilities help minimize landlord expenses, while off-street parking for four vehicles offers added convenience for tenants. Currently generating $5,700 per month in gross rental income with an attractive 7%+ cap rate, this property is also offered at $20,000 below appraised value. Ideally situated within walking distance to downtown Butler's shops, restaurants, nightlife, and public transportation, with easy access to Routes 23 and 287, this is a rare chance to own a well-performing multifamily property in a highly convenient location!

## Location

- **Address:** 25 Kiel Ave, Butler Boro, NJ 07405-1393
- **County:** Morris
- **Coordinates:** 41.00176, -74.34275
- **Google Maps:** https://www.google.com/maps?q=41.00176,-74.34275

## Listing Agent

- **Name:** ALEXANDER W HOUSER
- **Brokerage:** KELLER WILLIAMS PROSPERITY REALTY
- **Phone:** 9736960077
- **Email:** Alex@houserteam.com

## Primary Photo

![25 Kiel Ave - Primary Photo](http://lh.rdcpix.com/c3171818799c756f41e9a3f408baffdcl-f3731175963r.jpg)

*26 total photos available on [listing page](https://www.propertysimple.com/listing/25-kiel-ave-butler-boro-nj-07405-1393-4031536)*

---

**MLS#:** 4031536 | **Updated:** 2026-06-19
**Source:** listhub

*Copyright © 2026 Garden State MLS, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.*

[View on PropertySimple](https://www.propertysimple.com/listing/25-kiel-ave-butler-boro-nj-07405-1393-4031536)

---

## Structured Data

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  "name": "25 Kiel Ave, Butler Boro, NJ 07405-1393",
  "description": "Rare, fully occupied triplex in a prime Butler location. 25 Kiel Ave is a unique three-story multifamily property, grandfathered by the borough, offering a compelling opportunity for both investors and owner-occupants alike. This income-producing asset features two 2-bedroom, 1-bath units and one 1-bedroom, 1-bath unit, with in-unit laundry in all three apartments. Units 1 and 3 have been fully gut renovated and feature open-concept layouts, updated kitchens and bathrooms, and newer appliances. ",
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