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Lisa Bensel

lisa.bensel@gmail.com +1(267) 257-8718

Listed by Javier Rivera • Keller Williams Village Square Realty

$ 785,000

Est. payment | -/mo

7 Beds

4 Baths

5,663 Sqft Lot

Save

$ 785,000

Est. payment | -/mo

Save

7 Beds

4 Baths

5,663 Sqft Lot

Key Details

Property Type Single Family Home

Sub Type Detached

Listing Status Coming Soon

Purchase Type For Sale

Subdivision Not Available

MLS Listing ID NJES2000372

Style Colonial

Bedrooms 7

Full Baths 4

HOA Y/N N

Year Built 1927

Available Date 2026-08-08

Annual Tax Amount $15,124

Tax Year 2025

Lot Size 5,663 Sqft

Acres 0.13

Property Sub-Type Detached

Source BRIGHT

Property Description

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 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. 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 believed to be accurate but should be independently verified by purchasers. Showings by confirmed appointment only with a minimum of 24-hour notice. Please do not disturb tenants.

Location

State NJ

County Essex

Area Maplewood Twp (20711)

Zoning R-3

Rooms

Basement Unfinished

Main Level Bedrooms 3

Interior

Hot Water Natural Gas

Heating Baseboard - Hot Water, Radiant, Radiator, Steam

Cooling Ceiling Fan(s), Window Unit(s)

Flooring Hardwood

Fireplace N

Heat Source Natural Gas

Laundry Basement

Exterior

Parking Features Additional Storage Area

Garage Spaces 8.0

Fence Vinyl

Water Access N

View Street

Roof Type Shingle

Accessibility None

Total Parking Spaces 8

Garage Y

Private Pool No

Building

Story 3

Foundation Brick/Mortar

Sewer Public Sewer

Water Public

Architectural Style Colonial

Level or Stories 3

Additional Building Above Grade

New Construction N

Schools

School District South Orange-Maplewood Schools

Others

Senior Community No

Tax ID 0711-45.01-450

Ownership Fee Simple

Acceptable Financing Cash, Conventional, FHA, Negotiable, VA

Listing Terms Cash, Conventional, FHA, Negotiable, VA

Financing Cash,Conventional,FHA,Negotiable,VA

Special Listing Condition Standard

Schools and Properties Nearby

Find out why customers are choosing LPT Realty to meet their real estate needs

+1(267) 257-8718

lisa.bensel@gmail.com

Philadelphia, PA

Learn More About LPT Realty

374 BOYDEN AVE Maplewood, NJ 07040