MLS: #NJES2000372, Listed By: Javier Rivera, Keller Williams Village Square Realty, Source:Bright MLS
374 Boyden Avenue
MAPLEWOOD, NJ 07040
7
Bed
0
Bath
0.13Acre(Lot)
Exceptional opportunity to own a fully occupied, legal 3-family in the highly desirable Township of Maplewood. This income-producing property offers three spacious apartments with immediate rental income and long-term investment potential. Current gross rental income is $85,800 annually with seller-reported recurring operating expenses of approximately $25,286 annually, 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. Unit mix consists of two 3-bedroom, 1-bath apartments and one 2-bedroom, 1-bath apartment. Conveniently located near Maplewood Village, NJ Transit train and bus service, Maplecrest Park, shopping, dining, schools and major highways. Property is fully occupied. Financial information is s
Property Details
Map
Map
What's Nearby
Nearby Areas
Features
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Bedroom Information
Total beds: 7Room Information
Rooms Total: 14 Has Basement: Yes Basement: Unfinished -
Flooring Information
Hardwood -
Roofing Information
Shingle -
Interior Features
Roof: Shingle Appliances: Gas Range, Gas Oven, Gas Water Heater, Refrigerator, Washer, Dryer, Water Heater Laundry Features: In Basement -
Heating & Cooling
Has Heating: Yes Heating: Natural Gas, Radiant, Steam, Baseboard Has Cooling: Yes Cooling: Ceiling Fan(s), Window Unit(s)
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Building Information
Year Built: 1927 Construction Materials: Asbestos Patio And Porch Features: Patio Pool Features: None Private Pool: No View: Street
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Lot Information
Lot Size Acres: 0.13 Lot Size Source: Estimated Lot Size Square Feet: 5663Property Information
Subdivision: NOT AVAILABLE Source Property Type: Residential Income Postal Code Plus 4: 3039 Zoning Description: Three-Family Residential Property SubType: Multi Family Property Age: 99
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Listing Price Information
Listing Price: $785000
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Tax Information
Parcel Number: 0711-45.01-450 Tax Lot: 450 Tax Year: 2025 Annual Tax: $15124
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Parking Information
Parking Total: 8 Garage, Driveway, DetachedGarage Information
Has Garage: Yes Garage Space: 2
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Utility Information
Cable 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 | -- | 4 | -- | -- |
Similar Multifamily To 374 Boyden Avenue
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ByOwner last updated this listing 09/29/2026 @ 21:07
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