171 Maplewood Ave, Maplewood Twp., NJ 07040
sale
$2,250,000
|
Other
Courtesy Of NJ Metro Group LLC
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.
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Property Features
- Age: Over 50 Years Old
- Architecture Style: Other
- Building Units: 4
- Exterior Type: Brick
- Exterior Type: Block
- Floors: 3
- MLSID: 4007094
- Rooms: Basement
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