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  • Property Type
  • Residential Income
  • 7
  • Bedrooms
  • 4
  • Bathrooms
  • 2854
  • Area Size

374 Boyden Ave , Maplewood Twp., New Jersey 07040-3039

  • $785,000

Description

UPDATED INFO Investor opportunity! Fully occupied legal 3-family generating $7,150/month ($85,800 annually) in gross rental income. Based on current owner-provided operating expenses, estimated NOI is approximately $60,514 annually, reflecting an estimated 7.71% cap rate at the $785,000 asking price. Three full-floor apartments offer a strong income-producing opportunity in a prime Maplewood location near Maplewood Village, NJ Transit, shopping, dining, parks and major highways. Property currently has 2 gas and 2 electric services. Unit 2 pays its own utilities; owner currently pays utilities serving Units 1 & 3. Utility configuration provides an opportunity for future separation. All financial information, expenses, NOI and cap rate are approximate and should be independently verified by purchaser.

Address

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  • City: Maplewood Twp.
  • State/county: NJ

Details

Updated on September 4, 2026 at 1:13 pm
  • Property ID HZ4044430
  • Price $785,000
  • Property Size 2854
  • Bedrooms 7
  • Bathrooms 4
  • Property Type Residential Income

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