171 Maplewood Ave, Maplewood Twp. NJ 07040-2509

Property City
Maplewood Twp.
Property Media
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Property Price
$2,250,000
Year Built
1921
Tax Annual Amount
$27367
TaxYear (*text)
2024
Roof (*text)
See Remarks
Lot Size Area
0.04
MLS Status
Active
MLS #
4007094

Prime mixed-use investment in the heart of Maplewood Village. Welcome to 171 Maplewood Avenue, a rarely available, fully leased corner property located at the highly visible intersection of Maplewood Avenue and Highland Avenue. This well-maintained building offers a strong blend of stability, upside potential, and location in one of New Jersey's most desirable downtowns.The property consists of one ground-floor commercial space with excellent frontage and signage opportunity, along with three residential apartments above, creating a diversified income-producing asset. The residential component includes two one-bedroom units and one three-bedroom unit, all occupied by long-term tenants.Additional highlights include private rear access, basement storage, excellent foot traffic and exposure alongside popular neighboring businesses, and on-street plus nearby municipal parking. Zoned in an area that allows for potential vertical expansion, subject to approvals.Situated in the affluent and walkable Maplewood Village, this thriving live-work-play environment attracts steady foot traffic from locals and visitors alike, with a strong mix of boutiques, cafes, and convenient NJ Transit access. An ideal opportunity for investors seeking stabilized income with future upside or owner-users planning for future occupancy.

Yearly Tax Rate
2.313
Year Built (*numeric)
1921
Basement
Yes
Roofing (*text)
See Remarks
Days On Market
0
Basement (*text)
Yes
Cooling (*text)
See Remarks
Heating
See Remarks
Lot Size Dimensions
25X70
Property Location

40.73076, -74.27812

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buynjhome Jagdeep

Jagdeep Singh

+1(848)242-6762