499 Valley St Maplewood, NJ $ 1,500,000
499 Valley St
$ 1,500,000
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499 Valley St

Maplewood, NJ, 07040
$ 1,500,000
Bedrooms6 Baths2.1

Monthly Estimate*

$ 9,236

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Multi-Family Home for sale in Maplewood, NJ

for $1,500,000 with 6 bedrooms and 2 full baths, 1 half bath. This home was built in 1922 on a lot size of 0.17.

Excellent opportunity to own a well maintained mixed use investment property in a thriving Maplewood location. This unique property consists of a fully renovated two-family home plus a separate single story commercial office space, offering strong rental income and long-term upside for investors or business owners alike. The residential building has been recently and extensively renovated, featuring beautifully updated kitchens, modern bathrooms, and refreshed flooring throughout. Tenants also enjoy access to the basement which includes two separate washers and dryers, adding convenience and additional value for residents. An benefit for tenants include access to the 3rd floor - which is open for their exclusive use as a office space, recreation area or storage. The street level commercial office space offers great visibility and flexibility for a wide variety of uses. Whether you're an investor looking for stable income or a business owner seeking a high-traffic location while offsetting expenses with rental income, this property presents a compelling opportunity. Located just moments from the Maplewood train station and the vibrant Maplewood Village, the property benefits from constant foot traffic, nearby restaurants, shops, and easy access to NYC transportation.

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Multi-Family Active

Price

$ 1,500,000

Bedrooms

6

Full Bath

2

Half Bath

1

Property Type

Multi-Family

Taxes

$ 22,166

Style

Lot Size

0.17

Year Built

1922

Town/City

Maplewood

County/Region

Essex

MLS | Web ID

4019936

Features
General
Sewer Public Sewer
Heating Radiators - Steam
Cooling None
Utilities Gas-Natural
Possession Upon Closing
Roof Asphalt Shingle
Architectural Style See Remarks
Year Built 1922
Township Maplewood Twp.
Tax Year 2025
Gross Income 132000
County Essex
Net Operating Income 101965
Operating Expense 30034
Total Rooms 17
Full Baths 2
Status Active
Directions Valley btwn Parker & Jefferson
Open Parking Spaces 9
Number Of Units Total 3
Tax Annual Amount 22166
Home Warranty Y/N No
Drive 1 Car Width See Remarks
Standard Status Active
Tax Assessed Value 923200
Town # 1611
Tax Lot 87
Farm Assessment No
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Interior
Basement Unfinished
Unit 1 Baths Total 1.0
Unit 1 Beds Total 3
Unit 2 Baths Total 1.0
Unit 2 Beds Total 3
Unit 3 Baths Total 1.0
Unit 3 Beds Total 0
Fuel Type Gas-Natural
Half Baths 1
Total Bedrooms 6
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Exterior
Water Source Public Water
Exterior Description Composition Siding See Remarks Vinyl Siding
Lot Dimensions 50X150
Lot Size Acres 0.17
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* Excluded Features
List By
PETER DECICCO

Listing Agent

Compass New Jersey, Llc

Broker

thedeciccogroup@gmail.com

Email

Affordability Calculator

$11,083
Per Month
83%
17%
0%
Monthly Principal & Interest
$9,236
Monthly Property Taxes
$1,847
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
291163 Elementary School
291353 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
4/11/2026$1,500,000 Listed Price

Map


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499 Valley St, Maplewood, NJ, 07040 is a Multi-Family Home for sale at $1,500,000 with a lot size of 0.17. 499 Valley St has 6 bedrooms, 2.1 baths, and was built in 1922. The property's zip code is 07040 which is in Maplewood, NJ