374 Boyden Avenue Maplewood, NJ $ 785,000
374 Boyden Avenue
$ 785,000
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374 Boyden Avenue

Maplewood, NJ, 07040
$ 785,000
Bedrooms7 Baths0.0

Monthly Estimate*

$ 5,422

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Multi-Family Home for sale in Maplewood, NJ

for $785,000 with 7 bedrooms. This home was built in 1927 on a lot size of 0.13.

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 seller-reported and should be independently verified by purchasers. Showings by confirmed appointment only with a minimum of 24-hour notice. Please do not disturb tenants.

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Multi-Family Contingent

Price

$ 785,000

Bedrooms

7

Property Type

Multi-Family

Taxes

$ 15,124

Style

Colonial

Lot Size

0.13

Year Built

1927

Town/City

Maplewood

County/Region

Essex

MLS | Web ID

NJES2000372

Features
General
Living Area 0
Sewer Public Sewer
Heating Baseboard - Hot Water Radiant Radiator Steam
Cooling Ceiling Fan(s) Window Unit(s)
Possession Settlement Negotiable
Roof Shingle
Appliances Oven/Range - Gas Refrigerator Washer Dryer Water Heater
Zoning R-3
Garage Spaces 2.00
Patio/Porch Features Patio(s)
Architectural Style Colonial
Construction Materials Asbestos
School District SOUTH ORANGE-MAPLEWOOD SCHOOLS
Exclusions Personal property
Year Built 1927
Electric 100 Amp Service
View Street
Property Subtype Other
Tax Year 2025
Ownership Fee Simple
Cool Fuel None
Municipality MAPLEWOOD TWP
Gross Income 85800.00
Accessibility None
County ESSEX
Net Operating Income 60514.00
Operating Expense 25286.00
Insurance Expense 4109.76
New Construction N
Property Type Multi-Family
Subdivision Name NOT AVAILABLE
Garage Y/N Y
Water Access Y/N N
Other Structures Above Grade
Total Rooms 14
Status ACTIVE UNDER CONTRACT
Directions Valley St to Boyden Ave
City MAPLEWOOD
Number Of Units Total 3
MLS Area Maplewood Twp (20711)
Lot Size Units Square Feet
Lot Size Square Feet 5663.00
Number of Units Leased 3
Tax Annual Amount 15124.0
Home Warranty Y/N N
Property Condition Average
Trash Expense 772.44
Two Bedroom 2
Structure Type Detached
Acceptable Financing Cash Conventional FHA Negotiable VA
Historic Y/N N
Rent Control Y/N N
Vacation Rental Y/N N
Avg. Water Per Month 118.0
Location Type Middle Of Block
Lease Type Long Term Month to Month
Standard Status Active Under Contract
Year Built Source Estimated
Tax Lot 450
Total Actual Rent 85800.00
Cap Rate 7.71
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Interior
Heating Fuel Natural Gas
Basement Unfinished
Flooring Hardwood
Hot Water Natural Gas
Total Stories 3
Furnished Units None
Basement (Y/N) Y
Heating Y/N Y
Fireplace Y/N N
Central Air Y/N N
Laundry Type Basement
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Exterior
Exterior Amenities Roof Deck
Pool No Pool
Water Source Public
Garage Features Additional Storage Area
Type of Parking Detached Garage Driveway
Foundation Details Brick/Mortar
Spa N
Water View Y/N N
Lot Size Acres 0.13
Lot Size Source Estimated
Waterfront Y/N N
Navigable Water Y/N N
Water Oriented Y/N N
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Internal Only
Street Number 1 374
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* Excluded Features
List By
Keller Williams Village Square Realty

Broker

realtorjavierrivera@gmail.com

Email

Affordability Calculator

$6,682
Per Month
81%
19%
0%
Monthly Principal & Interest
$5,422
Monthly Property Taxes
$1,260
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 7.375% 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
5530376 Elementary School
5530373 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
8/3/2026$785,000 Listed Price

Map


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374 Boyden Avenue, Maplewood, NJ, 07040 is a Multi-Family Home for sale at $785,000 with a lot size of 0.13. 374 Boyden Avenue has 7 bedrooms, 0.0 baths, and was built in 1927. The property's zip code is 07040 which is in Maplewood, NJ