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3 Family For Sale - 374 Boyden Avenue, Maplewood, NJ 07040

374 Boyden Avenue, Maplewood, 07040, NJ
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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 recurring operating expenses 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. 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 and major highways.

MLS# 2702006R
KELLER WILLIAMS VILLAGE SQUARE
ActiveUnderContract For Sale Multifamily
$785,000
3 Family
1924 Year built
20 days on market

Property Features

Roof
Asphalt
Type
MLF
Cooling
Ceiling Fan(s),A/C Wall Unit(s),A/C Window Unit(s)
Heating
Baseboard, Radiant, Radiators-Steam, Steam
Lot Size
141.00 x 40.00
Stories
3
Sub Type Text
3 Family
Garage Spaces
2
Lot Description
Wooded, Level
Exterior Features
Patio, Porch(es) - Enclosed, Porch(es) - Open, Deck, Fencing/Wall, Porch
Interior Features
Unit 1(3 Bedrooms,Kitchen,1 Bath,Living Room), Unit 2(Dining Room,2 Bedrooms,Kitchen,1 Bath,Living Room), Unit 3(2 Bedrooms,Kitchen,1 Bath,Living Room)

Location

Schools

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I’m Kelcey Brown, a REALTOR® with Jack Pedersen Realty. I help buyers and sellers navigate real estate across South Jersey with clear communication, thoughtful preparation and support from the first conversation through closing.

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