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.
Under contract
$785,000
374 Boyden Ave, Maplewood, NJ 07040
7beds
4baths
--sqft
Multi Family
Built in 1924
-- sqft lot
$-- Zestimate®
$--/sqft
$-- HOA
What's special
Practical layoutsThree spacious apartments
- 25 days
- 58
- 2
Zillow last checked:
Listing updated:
Listed by:
JAVIER RIVERA 201-245-8512,
KELLER WILLIAMS VILLAGE SQUARE
Source: All Jersey MLS,MLS#: 2702006R
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
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
$3,115/mo
Price history
| Date | Event | Price |
|---|---|---|
| 8/28/2026 | Pending sale | $785,000 |
Source:  NJMLS #26029095 Report a problem | ||
| 8/28/2026 | Contingent | $785,000 |
Source:  All Jersey MLS #2702006R Report a problem | ||
| 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 |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
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Neighborhood: 07040
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