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$ 785,000
Est. payment /mo
Under Contract
374 Boyden Ave Maplewood Twp., NJ 07040
7 Beds
4 Baths
2,854 SqFt
UPDATED:
Key Details
Property Type Multi-Family, Commercial
Listing Status Under Contract
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
Information deemed reliable but not guaranteed. Copyright © 2026 Garden State Multiple Listing Service, L.L.C. All rights reserved.
Listed by KELLER WILLIAMS VILLAGE SQUARE
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