499 Valley St,Maplewood Twp., NJ 07040
Maplewood Twp., NJ 07040
Description
Excellent opportunity to own a well maintained mixed use investment property in a thriving Maplewood location. This unique property consists of a fully renovated two-family home plus a separate single story commercial office space, offering strong rental income and long-term upside for investors or business owners alike. The residential building has been recently and extensively renovated, featuring beautifully updated kitchens, modern bathrooms, and refreshed flooring throughout. Tenants also enjoy access to the basement which includes two separate washers and dryers, adding convenience and additional value for residents. An benefit for tenants include access to the 3rd floor - which is open for their exclusive use as a office space, recreation area or storage. The street level commercial office space offers great visibility and flexibility for a wide variety of uses. Whether you're an investor looking for stable income or a business owner seeking a high-traffic location while offsetting expenses with rental income, this property presents a compelling opportunity. Located just moments from the Maplewood train station and the vibrant Maplewood Village, the property benefits from constant foot traffic, nearby restaurants, shops, and easy access to NYC transportation.
Details
| MLS # | 4019953 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Under Contract |
| Year | 1922 |
| Days On Site | 165 |
| Listing Provided By | COMPASS NEW JERSEY, LLC | PETER DECICCO |
Features
| Garage | 9 |
|---|---|
| Basement | Y |
| Story(s) | 3 |
| Units | 3 |
| Zoning | OB |
Taxes
| Property | 22166 |
|---|
Area Information
| State | NJ |
|---|---|
| County | Essex |
| City | Maplewood Twp. |
| Zip Code | 07040 |
| Area | Essex |
| Community Name | Valley St |
| Listing VS Median (in Valley St) | |
Price: $1,500,000 low | high Med: $0 On site: 165 low | high Med: | |
Market Activity 07040
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Learn More About This Property
| State | NJ |
|---|---|
| County | Essex |
| City | Maplewood Twp. |
| Zip Code | 07040 |
| Area | Essex |
| Community Name | Valley St |
| Listing VS Median (in Valley St) | |
Price: $1,500,000 low | high Med: $0 On site: 165 low | high Med: | |
