374 Boyden Ave, Maplewood Twp. NJ 07040-3039

Property City
Maplewood Twp.
Property Media
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Property Price
$785,000
Bedrooms
7
Year Built
1927
Tax Annual Amount
$15124
TaxYear (*text)
2025
Roof (*text)
Asphalt Shingle
Lot Size Area
0.12
MLS Status
Active
MLS #
4044430

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.

Yearly Tax Rate
2.401
Year Built (*numeric)
1927
Basement
Yes
Roofing (*text)
Asphalt Shingle
Days On Market
23
Basement (*text)
Yes
Cooling (*text)
Window A/C(s)
GarageSpaces
2
Heating
3 Units, Baseboard - Hotwater, Radiators - Hot Water, Radiators - Steam
Lot Size Dimensions
40X131
Property Location

40.71914, -74.25649

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GSMLS
buynjhome Jagdeep

Jagdeep Singh

+1(848)242-6762