374 Boyden Avenue,Maplewood, NJ 07040
Maplewood, NJ 07040
Description
Exceptional opportunity to own a fully occupied, legal 3-family property in the highly desirable Township of Maplewood. This income-producing property features three spacious apartments with practical layouts, offering immediate rental income and long-term investment potential. Current gross rental income is $85,800 annually, with seller-reported recurring operating expenses resulting in an estimated Net Operating Income (NOI) of approximately $60,514 and an estimated 7.71% cap rate at the $785,000 asking price. Financial information is believed to be accurate but should be independently verified by purchasers. Conveniently located just minutes from Maplewood Village, NJ Transit train and bus service, Maplecrest Park, local shopping, restaurants and major highways.
Details
| MLS # | 26029095 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Under Contract |
| Days On Site | 67 |
| Listing Provided By | Keller Williams Village Square Realty | Javier Rivera |
Features
| Bed(s) | 7 |
|---|---|
| Bath(s) | 4 Total |
Interior
| Rooms | 14 |
|---|---|
| Laundry | Basement |
Parking
| Number Of Garage Spaces | 2 |
|---|
Utilities
| Utilities | O/See Rmks |
|---|
Taxes
| Taxes | 15124 |
|---|
Area Information
| State | NJ |
|---|---|
| County | ESSEX |
| City | Maplewood |
| Zip Code | 07040 |
| Area | Maplewood |
| Listing VS Median (in 07040) | |
Price: $785,000 low | high Med: $0 On site: 67 low | high Med: | |
Market Activity 07040
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Learn More About This Property
| State | NJ |
|---|---|
| County | ESSEX |
| City | Maplewood |
| Zip Code | 07040 |
| Area | Maplewood |
| Listing VS Median (in 07040) | |
Price: $785,000 low | high Med: $0 On site: 67 low | high Med: | |
