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$2,250,000 Just Listed
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Property Description
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.
Full Property Details
Full Property Details for 171 Maplewood Ave
General
- Price: $2,250,000
- Taxes: $27,367 (2024)
- Status: Active
- Type: Retail
- Source: Garden_State
- MLS ID: 4007094
- Updated: 1/28/2026
- Added to Site: 2 day(s) ago
Business
- Includes: Building Only, See Remarks
Rooms
Bathrooms
- Total Bathrooms: 4
- Restrooms: 4
Additional Information
- Equipment: See Remarks
Parking
- Parking: None, On-Street Parking
Location
- County: Essex
- Driving Directions: GSP Exit 145 to Maplewood. Corner of Maplewood Ave & Highland Ave, Maplewood Village.
- Location Details: Corner
Heating & Cooling
- Cooling Type: See Remarks
- Heating Type: See Remarks
- Heating Fuel: Natural Gas
Utilities
- Sewer: Public Sewer
- Water: Public Water
- Utility Description: Natural Gas
Structural Information
- Construction: Brick/Block
- Exterior Const.: Brick/Block
- Basement: Yes
- Basement Desc.: Storage
- Roof: See Remarks
- Stories in Building: 3
- Square Feet: 4,736
- Aprox. Leasable: 4,736 Sq. Ft.
- Year Built: 1921
Lot Features
- Lot Size (Acres): 0.04
- Lot Size: 25X70
- Permitted Use: Mixed-Use Res/Com Retail
- Zoning: RB Retail Bus
- Lot Description: Corner
Financial Considerations
- Price Per Sq. Ft.: $475
- Assessment Amount: $1,183,200
- Land Assmt: $250,000
- Tax Amount: $27,367
- Tax Year: 2024
Disclosures and Reports
- Ownership: Fee Simple
- Documents Avail.: Leases, Pro Forma, See Remarks
- APN: 1611-00012-0004-00191-0002-
- Block: 12.04
- Lot Number: 191.02
Listed by Keller Williams - Nj Metro Group
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Schools
Schools serving 171 Maplewood Ave
School District:South Orange-Maplewood School District
| Name | Grades | Distance |
|---|---|---|
Delia Bolden Elementary School 518 Ridgewood Road, Maplewood, NJ 07040 | 3-5 | 0.3 mi |
Tuscan Elementary School 25 Harvard Avenue, Maplewood, NJ 07040 | K-5 | 0.5 mi |
South Mountain Annex 444 West South Orange Avenue, South Orange, NJ 07079 | K-5 | 1.2 mi |
Maplewood Middle School 7 Burnet Street, Maplewood, NJ 07040 | 6-8 | 0.1 mi |
South Orange Middle School 70 North Ridgewood Road, South Orange, NJ 07079 | 6-8 | 1.5 mi |
Columbia Senior High School 17 Parker Avenue, Maplewood, NJ 07040 | 9-12 | 0.7 mi |
Clinton Elementary School, Maplewood, NJ 27 Berkshire Road, Maplewood, NJ 07040 | K-5 | 1.2 mi |
Seth Boyden Elementary School 274 Boyden Avenue, Maplewood, NJ 07040 | K-5 | 1.5 mi |
Marshall Elementary School 262 Grove Road, South Orange, NJ 07079 | K-2 | 2 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 171 Maplewood Ave
Date
Details
Price
Change
Source
1/28/2026
Listed
$2,250,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 171 Maplewood Ave
Year
Property Taxes
Change
Tax Assessment
Change
2024
$28,752
-7%
$1,183,200
—
2023
$30,773
3%
$1,183,200
45%
2022
$29,841
3%
$816,900
—
2021
$28,967
9%
$816,900
—
2019
$26,557
-2%
$816,900
—
2018
$27,007
5%
$816,900
—
2017
$25,708
-3%
$816,900
18%
2016
$26,399
6%
$694,900
—
2015
$25,016
4%
$694,900
—
2013
$24,044
—
$694,900
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 171 Maplewood Ave
171 Maplewood Ave, Maplewood, NJ 07040 (MLS# 4007094) is a Retail property. 171 Maplewood Ave is currently listed for $2,250,000 and was received on January 28, 2026. Want to learn more about 171 Maplewood Ave? Do you have questions about finding other Retail real estate for sale in Maplewood? You can browse all Maplewood real estate or contact a Coldwell Banker agent to request more information.

