374 Boyden Avenue

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 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. 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, schools, and major highways, this property offers an ideal combination of location, convenience, and income potential. Whether you’re looking to expand your investment portfolio or purchase a well-located multi-family property with future owner-occupancy possibilities, this is a rare opportunity in one of Essex County’s most sought-after communities. Property is fully occupied. Showings by confirmed appointment only with a minimum of 24-hour notice. Please do not disturb tenants.