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Cynthia Cardona

c.yourhomestory@gmail.com +1(908) 367-0766

$ 785,000

Est. payment -/mo

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374 Boyden AVE Maplewood, NJ 07040

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Key Details

Property Type Multi-Family

Sub Type 3 Family

Listing Status Coming Soon

Purchase Type For Sale

MLS Listing ID 2702006R

Year Built 1924

Annual Tax Amount $15,124

Tax Year 2025

Lot Dimensions 141.00 x 40.00

Property Sub-Type 3 Family

Source CJMLS API

Property Description

Exceptional opportunity to own a fully occupied, legal 3-family in the highly desirable Township of Maplewood. This income-producing property features three spacious apartments and offers immediate rental income. Current gross rental income is $85,800 annually with seller-reported operating expenses resulting in an estimated Net Operating Income (NOI) of approximately $51,263 and an estimated 6.53% cap rate at the $785,000 asking price. Conveniently located near Maplewood Village, NJ Transit train and bus service, Maplecrest Park, shopping, dining, schools, and major highways. Unit mix consists of two 3-bedroom, 1-bath apartments and one 2-bedroom, 1-bath apartment. Financial information is believed accurate but should be independently verified by purchaser. First showings begin 8/8/26.

Location

State NJ

County Essex

Rooms

Basement Partially Finished, Full, Bath Full, Storage Space, Utility Room, Laundry Facilities

Interior

Interior Features Unit 1(3 Bedrooms, Kitchen, 1 Bath, Living Room), Unit 2(Dining Room, 2 Bedrooms, Kitchen, 1 Bath, Living Room), Unit 3(2 Bedrooms, Kitchen, 1 Bath, Living Room)

Heating Baseboard Hotwater, Radiators-Steam, Steam

Cooling A/C Window Unit(s)

Appliance Water Heater(Gas), Water Heater, Unit 1(Range/Oven, Refrigerator), Unit 2(Range/Oven, Refrigerator)

Heat Source Natural Gas

Exterior

Exterior Feature Patio, Porch(es) - Enclosed, Porch(es) - Open, Deck, Fencing/Wall, Porch

Garage Spaces 2.0

Fence Fencing/Wall

Utilities Available Electricity Connected, Natural Gas Connected

Roof Type Asphalt

Porch Patio, Enclosed, Porch(es) - Open, Deck, Porch

Building

Lot Description Level

Story 3

Sewer Public Sewer

Water Public

Others

Senior Community no

Tax ID 071145.01450

Ownership Partnership

Energy Description Natural Gas

Virtual Tour https://www.propertypanorama.com/instaview/msx/2702006R

Listed by KELLER WILLIAMS VILLAGE SQUARE

Cynthia Cardona

Agent

+1(908) 367-0766

Cynthia Cardona

374 Boyden AVE Maplewood, NJ 07040

Key Details

Location

Rooms

Interior

Exterior

Building

Others

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374 Boyden AVE