Under Contract

374 Boyden Avenue

Maplewood, NJ 07040

$785,000 $3,309/Mo

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Overview

Bed

Bath

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.

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Property Details

Property Type : Residential Income

Price : $785,000

AD Id : 89057555

MLS Id : 2702006R

Tax Amount : $15,124

Year Built : 1924

Garage : 2

County : Essex

Map

What's Nearby

Nearby Areas

Features

Bathroom Information

Total Baths: 4

Room Information

Rooms Total: 14 Has Basement: Yes Basement: Partially Finished, Full, Storage Space
Roofing Information

Asphalt
Interior Features

Storage Roof: Asphalt Appliances: Gas Water Heater, Water Heater, Refrigerator Laundry Features: In Basement
Heating & Cooling

Has Heating: Yes Heating: Baseboard, Radiant, Steam Has Cooling: Yes Cooling: Ceiling Fan(s), Wall Unit(s), Window Unit(s)

Building Information

Year Built: 1924 Construction Materials: See Remarks Stories: 3 Patio And Porch Features: Patio, Enclosed, Deck, Porch Private Pool: No

Lot Information

Lot Dimensions: 141.00 x 40.00 Lot Description: Wooded, Level

Listing Price Information

Listing Price: $785000

Tax Information

Parcel Number: 071145.01450 Tax Lot: 450 Tax Block: 45.01 Tax Year: 2025 Annual Tax: $15124

Parking Information

Garage, Attached, Detached

Garage Information

Has Garage: Yes Has Attached Garage: Yes Garage Space: 2

Utility Information

Electricity Connected, Natural Gas Connected, Natural Gas Available
Location Information

Direction: Valley St to Boyden Ave WaterSource: Public

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Nearby Home Value

Address	Estimate	Bed	Bath	Sq. Ft	Lot Size
12 Hillcrest Rd #2, Maplewood, NJ, 07040	$650,000	6	3	--	--
374 Boyden Avenue, Maplewood, NJ, 07040	$785,000	7	--	--	0.13 Acre

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The data relating to real estate for sale on this web-site comes in part from the Internet Data Exchange Program of Central Jersey Multiple Listing System, Inc. Real Estate listings held by brokerage firms other than ByOwner are marked with the IDX logo. The Central Jersey Multiple Listing System, Inc. does not warrant the accuracy, quality, reliability, suitability, completeness, usefulness or effectiveness of any information provided. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing or renting. Information deemed reliable but not guaranteed. Copyright © 2026 Central Jersey Multiple Listing System, Inc. All rights reserved. The Central Jersey Multiple Listing System, Inc. retains all rights, title and interest in and to its trademarks, service marks and copyrighted material.

ByOwner last updated this listing 09/29/2026 @ 21:50

MLS: 2702006R LISTED BY: JAVIER RIVERA, KELLER WILLIAMS VILLAGE SQUARE SOURCE: Central Jersey MLS