See all 32 photos
$1,500,000
Est. payment /mo
6 Beds
2.5 Baths
7,405 Sqft Lot
New
499 Valley St Maplewood Twp., NJ 07040
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Key Details
Property Type Multi-Family
Listing Status Active
Purchase Type For Sale
MLS Listing ID 4019936
Style See Remarks
Bedrooms 6
Full Baths 2
Half Baths 1
Year Built 1922
Annual Tax Amount $22,166
Tax Year 2025
Lot Size 7,405 Sqft
Property 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.
Location
State NJ
County Essex
Rooms
Basement Unfinished
Interior
Heating Gas-Natural
Cooling None
Heat Source Gas-Natural
Exterior
Exterior Feature Composition Siding, See Remarks, Vinyl Siding
Utilities Available Gas-Natural
Roof Type Asphalt Shingle
Building
Sewer Public Sewer
Water Public Water
Architectural Style See Remarks
Others
Senior Community No

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Listed by COMPASS NEW JERSEY, LLC
NEARBY SCHOOL & BUSINESS
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