For sale

$785,000

374 Boyden Ave, Maplewood, NJ 07040

7beds

4baths

--sqft

$5,383/mo

Get pre-qualified

Multi Family

Built in 1924

-- sqft lot

$-- Zestimate^®

$--/sqft

$-- HOA

What's special

Practical layoutsThree spacious apartments

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.

18 days

1,670

127

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 7
Bathrooms: 4

Heating

Baseboard, Radiant, Radiators-Steam, Steam

Cooling

Ceiling Fan(s), A/C Wall Unit(s), A/C Window Unit(s)

Appliances

Included: Water Heater(Gas), Water Heater, Unit 1(Range/Oven, Refrigerator), Unit 2(Range/Oven, Refrigerator)

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)
Basement: Partially Finished, Full, Bath Full, Storage Space, Utility Room, Laundry Facilities

Interior area

Total structure area: 0

Video & virtual tour

View virtual tour

Property

Parking

Total spaces: 2
Parking features: Garage, Attached, Detached, 1-2 Car Parking
Attached garage spaces: 2

Features

Stories: 3
Patio & porch: Patio, Enclosed, Porch(es) - Open, Deck, Porch
Exterior features: Patio, Porch(es) - Enclosed, Porch(es) - Open, Deck, Fencing/Wall, Porch
Fencing: Fencing/Wall

Lot

Size: 5,640 Square Feet
Dimensions: 141.00 x 40.00
Features: Wooded, Level

Details

Parcel number: 071145.01450

Construction

Type & style

Home type: MultiFamily
Property subtype: Multi Family

Materials

Roof: Asphalt

Condition

Year built: 1924

Utilities & green energy

Gas: Natural Gas
Sewer: Public Sewer
Water: Public
Utilities for property: Electricity Connected, Natural Gas Connected

Community & HOA

Location

Region: Maplewood

Financial & listing details

Tax assessed value: $629,900
Annual tax amount: $15,124
Date on market: 8/8/2026
Ownership: Partnership
Lease term: Unit 1(Month-Month),Unit 2(Month-Month)
Electric utility on property: Yes

Estimated market value

Not available

Estimated sales range

Not available

$2,993/mo

Price history

Date	Event	Price
8/3/2026	Listed for sale	$785,000+3.4%
Source: NJMLS #26029095 Report a problem
9/23/2024	Sold	$758,821+3.2%
Source: GSMLS #3895053 Report a problem
6/7/2024	Pending sale	$735,000
Source: GSMLS #3895053 Report a problem
4/9/2024	Listed for sale	$735,000
Source: GSMLS #3895053 Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$15,124 +3.8%	$629,900
2024	$14,570 +26.7%	$629,900 +93.2%
2023	$11,495 +3.1%	$326,000
2022	$11,146 +2.9%	$326,000
2021	$10,830 +3%	$326,000
2020	$10,517 +2.6%	$326,000
2019	$10,246	$326,000
2018	$10,246 +1.5%	$326,000
2017	$10,093 +2.4%	$326,000 +19%
2016	$9,860 +2.2%	$273,900
2015	$9,652 +1.8%	$273,900
2014	$9,477 -4.5%	$273,900
2013	$9,921 +2.7%	$273,900 -12%
2012	$9,663 +15.5%	$311,400
2011	$8,369 +4.7%	$311,400 +81.5%
2010	$7,997 +4%	$171,600
2009	$7,689 +5.9%	$171,600
2008	$7,259 +6.3%	$171,600
2007	$6,830	$171,600
2006	--	$171,600
2005	--	$171,600
2004	$6,195	$171,600
2003	--	$171,600
2002	--	$171,600
2001	--	$171,600