Date
Details
Price
Change
Source
6/30/2026
Listed
$599,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
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Property 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 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!
Full Property Details
Full Property Details for 72-74 Kiel Ave
General
- Price: $599,000
- Taxes: $9,828 (2025)
- Status: Active
- Type: Multi-Family
- Source: Garden_State
- MLS ID: 4037766
- Updated: 6/30/2026
- Added to Site: 1 day(s) ago
Interior
- Number of Rooms: 10
- Interior Features: Carbon Monoxide Detector, Smoke Detector
Rooms
Bathrooms
- Total Bathrooms: 3
- Full Bathrooms: 2
- Half Bathrooms: 1
Bedrooms
- Total Bedrooms: 4
Exterior
- Color: Blue
Location
- County: Morris
- Driving Directions: Route 23 North to Kiel Ave Exit. Make a right onto Kiel Ave.
Heating & Cooling
- Cooling Type: Window A/C(s)
- Heating Type: 2 Units, Baseboard - Hotwater
- Heating Fuel: Natural Gas
- Water Heater: See Remarks
Utilities
- Sewer: Public Sewer
- Water: Public Water
- Utility Description: Natural Gas, Cable TV Available, Garbage Included
Structural Information
- Architectural Style: Duplex-Side by Side
- Exterior Const.: Vinyl Siding
- Basement: Yes
- Basement Desc.: Unfinished
- Roof: Asphalt Shingles
- Year Built: 1917
Unit Information
Unit 1
- Unit Description: Bedrooms, Dining Room, Kitchen, Living Room, See Remarks
- Levels/Stories: 2
- Total Bathrooms: 1
- Bedrooms: 2
Unit 2
- Unit Description: Bedrooms, Dining Room, Kitchen, Living Room, See Remarks
- Levels/Stories: 2
- Total Bathrooms: 1
- Bedrooms: 2
Lot Features
- Lot Size (Acres): 0.21
- Lot Dimensions: 62 x 150 AVG
- Driveway/Sidewalk: 2 Car Width, Blacktop
- Lot Description: Corner, Level Lot
Financial Considerations
- Assessment Amount: $164,500
- Land Assmt: $261,800
- Tax Amount: $9,828
- Tax Year: 2025
Disclosures and Reports
- Block: 42
- Lot Number: 20
Listed by Keller Williams Prosperity Realty
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Listing agent
— 72-74 Kiel Ave —
Keller Williams Prosperity Realty
973-696-0077
NMLS#: 1598647Get Pre-Approved Today
Schools
Schools serving 72-74 Kiel Ave
School District:Butler Borough School District
| Name | Grades | Distance |
|---|---|---|
Aaron Decker Elementary School 98 Decker Road, Butler, NJ 07405 | PK-4 | 0.6 mi |
Richard Butler Elementary School 30 Pearl Place, Butler, NJ 07405 | 5-8 | 0.7 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 72-74 Kiel Ave
Tax History
Tax History for 72-74 Kiel Ave
Year
Property Taxes
Change
Tax Assessment
Change
2024
$8,650
4%
$391,400
13%
2023
$8,291
1%
$346,400
11%
2022
$8,182
-11%
$312,400
6%
2021
$9,194
3%
$295,700
23%
2020
$8,959
4%
$239,800
—
2018
$8,650
3%
$239,800
—
2017
$8,429
-4%
$239,800
—
2019
$8,762
7%
$239,800
—
2016
$8,211
2%
$239,800
—
2015
$8,079
6%
$239,800
—
2013
$7,652
—
$239,800
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 72-74 Kiel Ave
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72-74 Kiel Ave, Butler, NJ 07405 (MLS# 4037766) is a Multi-Family property with 2 units containing 4 bedrooms, 2 full bathrooms and 1 partial bathroom. 72-74 Kiel Ave is currently listed for $599,000 and was received on June 30, 2026. Want to learn more about 72-74 Kiel Ave? Do you have questions about finding other Multi-Family real estate for sale in Butler? You can browse all Butler real estate or contact a Coldwell Banker agent to request more information.