374 Boyden Ave, Maplewood Twp., NJ 07040
374 Boyden Ave, Maplewood Twp., NJ 07040
374 Boyden Ave, Maplewood Twp., NJ 07040
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$785,000
Est. payment /mo
7 Beds
4 Baths
2,854 SqFt
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Open House

Sat Aug 15, 12:00pm - 2:00pm

Sun Aug 16, 12:00pm - 2:00pm

UPDATED:

Key Details

Property Type Multi-Family, Commercial

Listing Status Active

Purchase Type For Sale

Square Footage 2,854 sqft

Price per Sqft $275

MLS Listing ID 4044430

Style 3-Three Story

Bedrooms 7

Full Baths 4

Year Built 1927

Annual Tax Amount $15,124

Tax Year 2025

Lot Size 5,227 Sqft

Property Description

UPDATED INFO Investor opportunity! Fully occupied legal 3-family generating $7,150/month ($85,800 annually) in gross rental income. Based on current owner-provided operating expenses, estimated NOI is approximately $60,514 annually, reflecting an estimated 7.71% cap rate at the $785,000 asking price. Three full-floor apartments offer a strong income-producing opportunity in a prime Maplewood location near Maplewood Village, NJ Transit, shopping, dining, parks and major highways. Property currently has 2 gas and 2 electric services. Unit 2 pays its own utilities; owner currently pays utilities serving Units 1 & 3. Utility configuration provides an opportunity for future separation. All financial information, expenses, NOI and cap rate are approximate and should be independently verified by purchaser.

Location

State NJ

County Essex

Rooms

Basement Unfinished

Interior

Heating Gas-Natural

Cooling Window A/C(s)

Heat Source Gas-Natural

Exterior

Exterior Feature See Remarks

Parking Features Detached Garage

Garage Spaces 2.0

Utilities Available Gas-Natural

Roof Type Asphalt Shingle

Building

Lot Description Level Lot

Sewer Public Sewer

Water Public Water

Architectural Style 3-Three Story

Others

Senior Community No


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Garden State MLS(GSMLS)
Listed by KELLER WILLIAMS VILLAGE SQUARE

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Name

Name

Phone*

Phone

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Message
Naveen Sharma

+1(732) 429-0939

naveen@fourpointrealty.com

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374 Boyden Ave