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$785,000
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Property Description
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.
Full Property Details
Full Property Details for MLS# 2702006R
General
- Price: $785,000
- Taxes: $15,124 (2025)
- Status: Active
- Type: Triplex
- Source: Middlesex
- MLS ID: 2702006R
- Updated: 8/26/2026
- Added to Site: 24 day(s) ago
Rental Information
- Lease/Rent Term: Unit 1(Month-Month), Unit 2(Month-Month)
Interior
- 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)
- Appliances: Water Heater(Gas), Water Heater, Unit 1(Range/Oven, Refrigerator), Unit 2(Range/Oven, Refrigerator)
Rooms
Bathrooms
- Total Bathrooms: 4
Exterior
- Exterior Features: Patio, Porch(es) - Enclosed, Porch(es) - Open, Deck, Fencing/Wall, Porch
- Deck/Patio: Patio, Enclosed, Porch(es) - Open, Deck, Porch
Parking
- Garage: Yes
- Garage Spaces: 2
- Parking Features: Garage, Attached, Detached, 1-2 Car Parking
- Parking: Garage, Attached, Detached, 1-2 Car Parking
Location
- County: Essex
Heating & Cooling
- Cooling Type: Ceiling Fan(s), A/C Wall Unit(s), A/C Window Unit(s)
- Heating Type: Baseboard, Radiant, Steam Radiators, Steam
Utilities
- Gas: Natural Gas
- Sewer: Public Sewer
- Water: Public
- Utility Description: Electricity Connected, Natural Gas Connected
Structural Information
- Basement Desc.: Partially Finished, Full, Bath Full, Storage Space, Utility Room, Laundry Facilities
- Roof: Asphalt
- Stories/Levels: 3
- Year Built: 1924
Lot Features
- Lot Dimensions: 141.00 x 40.00
- Lot Features: Wooded, Level
- Lot Description: Wooded, Level
- Fencing (Description): Fencing/Wall
Financial Considerations
- Tax Amount: $15,124
- Tax Year: 2025
- Terms: Unit 1(Month-Month), Unit 2(Month-Month)
Disclosures and Reports
- Property ID: 71145.0145
Listed by Keller Williams Village Square
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Schools
Schools serving MLS# 2702006R
School District:South Orange-Maplewood School District
| Name | Grades | Distance |
|---|---|---|
Seth Boyden Elementary School 274 Boyden Avenue, Maplewood, NJ 07040 | K-5 | 0.2 mi |
Tuscan Elementary School 25 Harvard Avenue, Maplewood, NJ 07040 | K-5 | 0.9 mi |
Clinton Elementary School, Maplewood, NJ 27 Berkshire Road, Maplewood, NJ 07040 | K-5 | 1.1 mi |
Maplewood Middle School 7 Burnet Street, Maplewood, NJ 07040 | 6-8 | 1.3 mi |
South Orange Middle School 70 North Ridgewood Road, South Orange, NJ 07079 | 6-8 | 2 mi |
Columbia Senior High School 17 Parker Avenue, Maplewood, NJ 07040 | 9-12 | 1.2 mi |
Delia Bolden Elementary School 518 Ridgewood Road, Maplewood, NJ 07040 | 3-5 | 1.6 mi |
Marshall Elementary School 262 Grove Road, South Orange, NJ 07079 | K-2 | 2 mi |
South Mountain Annex 444 West South Orange Avenue, South Orange, NJ 07079 | K-5 | 2.1 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for MLS# 2702006R
Date
Details
Price
Change
Source
8/08/2026
Listed
$785,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for MLS# 2702006R
MLS# 2702006R, Maplewood, NJ 07040 (MLS# 2702006R) is a Triplex property with 0 bedrooms and 0 full bathrooms. MLS# 2702006R is currently listed for $785,000 and was received on August 03, 2026. Want to learn more about MLS# 2702006R? Do you have questions about finding other Triplex real estate for sale in Maplewood? You can browse all Maplewood real estate or contact a Coldwell Banker agent to request more information.

