About 374 Boyden Ave
Exceptional opportunity to own a fully occupied, legal 3-family in the highly desirable Township of Maplewood. This income-producing property offers three spacious apartments with immediate rental income and long-term investment potential. Current gross rental income is $85,800 annually with seller-reported recurring operating expenses of approximately $25,286 annually, 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. Unit mix consists of two 3-bedroom, 1-bath apartments and one 2-bedroom, 1-bath apartment. Conveniently located near Maplewood Village, NJ Transit train and bus service, Maplecrest Park, shopping, dining, schools and major highways. Property is fully occupied. Financial information is seller-reported and should be independently verified by purchasers. Showings by confirmed appointment only with a minimum of 24-hour notice. Please do not disturb tenants.
Features of 374 Boyden Ave
| MLS® # | NJES2000372 |
|---|---|
| Price | $785,000 |
| Bathrooms | 0.00 |
| Acres | 0.13 |
| Year Built | 1927 |
| Type | Multi-Family |
| Sub-Type | Other,Detached |
| Style | Colonial |
| Status | Active Under Contract |
Community Information
| Address | 374 Boyden Ave |
|---|---|
| Area | Maplewood Twp |
| Subdivision | NOT AVAILABLE |
| City | MAPLEWOOD |
| County | ESSEX-NJ |
| State | NJ |
| Municipality | MAPLEWOOD TWP |
| Zip Code | 07040 |
Amenities
| # of Garages | 2 |
|---|---|
| Garages | Additional Storage Area |
| View | Street |
| Is Waterfront | No |
Interior
| Appliances | Oven/Range - Gas, Refrigerator, Washer, Dryer, Water Heater |
|---|---|
| Heating | Baseboard - Hot Water, Radiant, Radiator, Steam |
| Cooling | Ceiling Fan(s), Window Unit(s) |
| Has Basement | Yes |
| Basement | Unfinished |
| Fireplace | No |
| # of Stories | 3 |
Exterior
| Exterior | Asbestos |
|---|---|
| Exterior Features | Roof Deck,Patio(s) |
| Roof | Shingle |
| Construction | Asbestos |
| Foundation | Brick/Mortar |
School Information
| District | SOUTH ORANGE-MAPLEWOOD SCHOOLS |
|---|
Additional Information
| Date Listed | August 8th, 2026 |
|---|---|
| Days on Market | 21 |
| Zoning | R-3 |
| Foreclosure | No |
| Short Sale | No |
| RE / Bank Owned | No |
Listing Details
| Office | Keller Williams Village Square Realty |
|---|