72 Kiel Ave

Butler, NJ 07405

$599,000
Price
4
Beds
—Sq. Ft.
— / Sq. Ft.
—
Sq. Ft.
—
per Sq. Ft.
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New
New

Description

Incredible investor opportunity! This side-by-side duplex on a large, level corner lot in Butler offers immense upside with current rents well below market value. Unit 72 features 2 BR, 1 BA, plus a spacious walk-up attic that can easily be refinished to add more rooms perfect for expanding square footage and maximizing returns. Unit 74 features 2 BR and 1.1 BA. Both units have access to a shared unfinished basement (accessible internally or via exterior Bilco doors). Separate utilities mean tenants...Incredible investor opportunity! This side-by-side duplex on a large, level corner lot in Butler offers immense upside with current rents well below market value. Unit 72 features 2 BR, 1 BA, plus a spacious walk-up attic that can easily be refinished to add more rooms perfect for expanding square footage and maximizing returns. Unit 74 features 2 BR and 1.1 BA. Both units have access to a shared unfinished basement (accessible internally or via exterior Bilco doors). Separate utilities mean tenants pay their own gas, electric, heat, and water. Ample parking on the wide blacktop driveway. Conveniently located near Route 23. Property is being sold strictly AS-IS. Don't miss out on this prime value-add multi-family property!
  1. Listed by WALTER WEISS • KELLER WILLIAMS PROSPERITY REALTY

Property Details for 72 Kiel Avenue

Directions
Route 23 North to Kiel Ave Exit. Make a right onto Kiel Ave.
Days On Market
0
LISTING UPDATED: 06/30/2026 04:39 PM

Property Details for 72 Kiel Avenue

StatusActive
MLS #4037766
Days on Market1
Taxes$9,828 / year
HOA Fees-
Condo/Co-op Fees-
Property TypeMulti Family
MLS TypeMulti Family / Duplex-Side by Side
Year Built1917
Lot Size0.21 AC / 9,147 SF
CountyMorris County
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Location

Listing Courtesy of KELLER WILLIAMS PROSPERITY REALTY, WALTER WEISS
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Building Information for 72 Kiel Avenue

Stories-Residences2Year Built1917Building Size-Lot Size0.21 AC / 9,147 SF

Payment Calculator

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$3,804 per month

30 year fixed, 6.36% Interest

Principal and Interest

$2,985

Property Taxes

$819

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

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Property Information for 72 Kiel Avenue

Summary
Location and General Information
  • Address Included: Y
  • County #: Morris
  • Town Name: Butler Boro
  • Block Identifier: 42
  • Listing Type: Exclusive Right to Sell
  • Color of Building: Blue
  • Town #: 2303.0
  • # Parking Spaces: 6
  • County Or Parish: Morris
  • Street Name: Kiel Ave
  • Zip Code: 07405-1347
  • Total Units: 2
Taxes and HOA Information
  • Assess Total Tax: *
  • Assess Amt Land Tax: *
  • Assess Amt Bldg Tax: *
  • Block ID Tax: *
  • Acres Tax: *
  • County Tax: *
  • Tax Amount: $9,828
  • Street name Tax: *
  • Zip Code Tax: *
  • City Tax: *
  • Tax Amount Tax: *
  • Assessment Total: 426300.0
  • Tax ID For Property: 2303-00042-0000-00020-0000-
  • Tax Rate Amount: $3
  • Tax Rate Tax: *
  • Tax Rate Year: 2025
  • Tax Year: 2025
  • Tax Year Tax: *
  • Lot ID Tax: *
  • Lot Size Tax: *
Parking
  • Parking/Driveway Description: 2 Car Width, Blacktop
  • # Garage Spaces: 0
Property
Lot Information
  • Lot Description: Corner, Level Lot
  • Lot Identifier: 20
  • Approximate Lot Size: 62X150 AVG
  • Total Acres: 0.21
  • Construction Date/Year Built: 1917
  • Construction Date/Year Built Des: Approximate
Property and Assessments
  • Assessment Bldg: 164500.0
  • Assessment Land: 261800.0
Utilities
  • Cooling: Window A/C(s)
  • Services: Cable TV Available, Garbage Included
  • Utilities: Gas-Natural
  • Water: Public Water
  • Water Heater: See Remarks
  • Heating: 2 Units, Baseboard - Hotwater
  • Fuel Type: Gas-Natural
  • Sewer: Public Sewer
Interior and Exterior Features
Exterior Features
  • Exterior Description: Vinyl Siding
Interior Features
  • Interior Features: Carbon Monoxide Detector, Smoke Detector
  • Roof Description: Asphalt Shingle
  • Basement: Yes
  • Basement Description: Unfinished
  • Easement: Unknown
Multi Family
Unit 1 Information
  • Unit 1 Appl/Equip: Carbon Monoxide Detector, Range/Oven - Gas, Refrigerator, Smoke Detector
  • Unit 1 Baths: 1.1
  • Unit 1 Bedrooms: 2
  • Unit 1 Fireplaces: 0.0
  • Unit 1 Handicap Modified: No
  • Unit 1 Levels: 2.0
  • Unit 1 Owner/Tenant Pays: Tenant Pays Electric, Tenant Pays Gas, Tenant Pays Heat, Tenant Pays Water
  • Unit 1 Rent: 1854.0
  • Unit 1 Room Description: Bedrooms, Dining Room, Kitchen, Living Room, See Remarks
  • Unit 1 Rooms: 5.0
  • Unit 1 Security Deposit: 0.0
  • Unit 1 Sq Ft: 0.0
Unit 2 Information
  • Unit 2 Appl/Equip: Carbon Monoxide Detector, Range/Oven - Gas, Refrigerator, Smoke Detector
  • Unit 2 Baths: 1.0
  • Unit 2 Bedrooms: 2
  • Unit 2 Fireplaces: 0.0
  • Unit 2 Handicap Modified: No
  • Unit 2 Levels: 2.0
  • Unit 2 Owner/Tenant Pays: Tenant Pays Electric, Tenant Pays Gas, Tenant Pays Heat, Tenant Pays Water
  • Unit 2 Rent: 1854.0
  • Unit 2 Room Description: Bedrooms, Dining Room, Kitchen, Living Room, See Remarks
  • Unit 2 Rooms: 5.0
  • Unit 2 Security Deposit: 0.0
  • Unit 2 Sq Ft: 0.0
Multi-Family Information
  • Unit Style: Duplex-Side by Side
Income & Expenses Information
  • Total Operating Expense: $.00
  • Net Operating Income: $.00
  • Gross Operating Income: $.00

Property History for 72 Kiel Avenue

DateEvent & SourcePriceAppreciation
Jun 30, 2026

Listed (Active)

GSMLS #4037766

$599,000—
DateEvent & SourcePrice
06/30/2026

Listed (Active)

GSMLS #4037766

$599,000

For completeness, we often displays two records for one sale: the MLS record and the public record.

Schools near 72 Kiel Avenue

This home is within Butler Public School District.
Rating
School
Type
Grades
Distance
Aaron Decker Elementary School
Public - PK to 4
Richard Butler Elementary School
Public - 5 to 8
Butler High School
Public - 9 to 12
St Anthony Of Padua
Private - PK to 8
Rating
School
Distance
Aaron Decker Elementary School
PublicPK to 4

Richard Butler Elementary School
Public5 to 8

Butler High School
Public9 to 12

St Anthony Of Padua
PrivatePK to 8

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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More information about 72 Kiel Avenue, Butler, NJ 07405

72 Kiel Avenue is a multi-family home for sale in Butler, NJ 07405. This listing's school district is Butler Public School District. Nearby schools include Aaron Decker Elementary School, Richard Butler Elementary School and Butler High School. 72 Kiel Avenue is a 4-bed, 3-bath, multi-family home built in 1917.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of any information, descriptions or measurements (including square footage measurements and property condition), such should be independently verified through appropriate means, including, but not limited to, in person inspection and public records, and Compass International Holdings, its subsidiaries, affiliates and independently owned and operated franchisees, and their affiliated agents and associated third parties expressly disclaim any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the seller's discretion. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of KELLER WILLIAMS PROSPERITY REALTY, WALTER WEISS

The data relating to the real estate for sale on this website comes in part from the Internet Data Exchange Program of the NJMLS. Real estate listings held by brokerage firms other than (insert office name) aremarked with the Internet Data Exchange logo and information about them includes the name of the listing brokers. Some properties listed with the participating brokers do not appear on this website at the request of the seller. Listings of brokers that do not participate in Internet Data Exchange do not appear on this website. All information deemed reliable but not guaranteed. Last date updated: 07/01/2026 03:41 AM. Source: New Jersey Multiple Listing Service, Inc. © 2026 New Jersey Multiple Listing Service, Inc. All rights. The data relating to the real estate for sale and sold listing information on this website comes from the New Jersey Multiple Listing Service, Inc. Virtual Office Website (VOW) program. This website may not include listings or property addresses of sellers who have directed their listing brokers to withhold their listing or their property address from display on the Internet. Sold listings may have been listed and/or sold by a real estate brokerage other than (insert office name). All information deemed reliable but not guaranteed. NLMLS makes no representation or warranty regarding the accuracy of the data. This data and information is protected under federal copyright laws which prohibit the unauthorized copying or alternation of all or any part of copyrighted materials, including certain compilations of data and information. Copyright violators may be subject to severe fines and penalties under federal law. Source: New Jersey Multiple Listing Service Inc. Last date updated: 07/01/2026 03:41 AM © 2026 New Jersey Multiple Listing Service Inc. All rights reserved.