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.
Welcome home to one of Maplewood's most desirable neighborhoods where opportunity and character meet! This solid brick two-family home is the perfect place to start your journey, offering generous space, rare amenities, and the flexibility to make it your own. Each unit features two well-sized bedrooms and a full bathroom, along with a comfortable living room and full kitchen ideal for living in one unit while renting the other to help cover your mortgage. The basement adds even more possibility, with a full bathroom and its own separate entrance a blank canvas ready for your creativity, whether that's a recreation room, home office, or flexible bonus space. Step out from the first-floor kitchen onto a private patio overlooking a sparkling in-ground pool a rare, showstopping feature you won't find in most multi-family homes. Just beyond sits a spacious two-car garage with interior stairs leading to a versatile loft, perfect as a studio or extra storage. A long driveway offers ample parking, and energy-efficient solar panels help keep monthly costs down. Needing only minor TLC, this home is bursting with potential and ready to be brought back to life. With nearby single-family homes selling between $1M and $1.2M, this two-family delivers incredible value a true win-win for the first-time buyer ready to build equity or anyone looking to establish themselves in this premier community. Come see it and picture your future here before it's gone!
The home includes a spacious backyard with a brand-new fenced-in section, perfect for outdoor enjoyment, entertaining, or relaxation. A garage is also present on the property, currently utilized for storage (not accessible by car). Recent improvements include a completely redone roof with new plywood and newer water heaters. The property is equipped with a solar panel system, which will be paid off in full by the seller at closing. Refrigerators, washers, and dryers are included in the sale. The second-floor unit features a bonus room that can be used as an office and a washer/dryer combo, while laundry for the first-floor unit is located in the basement. The plumbing stack and interior sewer line have been replaced. With potential to add value, this property is ideal for buyers looking to customize or invest. Whether you're planning to live in one unit while generating rental income or expanding your portfolio, this is a great opportunity in a sought-after location close to shopping, dining, and transportation.
Opportunity knocks in desirable Maplewood with this 2-family fixer-upper w/ 6 rooms and 2.5 baths located on a corner lot with a double garage. Offering strong upside for investors, contractors, or owner-occupants looking to create value. This property offers approximately 2,100+ sq ft of living space and is currently configured with a 3-bedroom first-floor unit with the ability to convert into a 4 bedroom by converting the kitchen into a bedroom and having an open plan kitchen concept in the dining/living toom or the dining room into a bedroom. Large full basement with 2 additional rooms and the possibility to add a 3rd room, half bathroom and a large recreational area. The second floor has a spacious 1-bedroom second unit with potential for a 2-bedroom reconfiguration. The home is dated and in need of repairs and updates throughout. This is an ideal project for a buyer with vision who can restore and reposition the asset for owner-occupancy, rental income, or long-term appreciation with an after repair value of $950K+. Conveniently located near Maplewood amenities, parks, shopping, dining, and commuter routes, this property offers a rare chance to unlock value in a highly sought-after Essex County location. The buyer is responsible for conducting their own due diligence and for complying with municipal requirements. This property maybe eligible for a grant from our approved lenders. LA has an legal interest in the property.
This beautifully designed two-level residence offers the perfect blend of comfort, functionality, and investment potential. From the moment you enter, youââ?¬â?¢re welcomed by a warm, inviting atmosphere that makes everyday living feel effortless. The main level is thoughtfully laid out, featuring two cozy bedrooms, a full bathroom, and a bright living area thatââ?¬â?¢s ideal for relaxing or entertaining guests. The dining space flows naturally from the living room, creating a perfect setting for shared meals or intimate gatherings, while the spacious kitchen gives you all the room you need to cook, create, and connect. Downstairs, the fully finished lower level opens up even more possibilities. With its own private bedroom, full bathroom, and dedicated storage room, this space can easily serve as a guest suite, rental unit, home office, or personal retreatââ?¬â?making it especially attractive for investors looking for added income potential. Whether you're a first-time buyer searching for a place to call home, a growing household needing flexible space, or an investor seeking a property with strong rental appeal, this home delivers on all fronts. Comfortable, versatile, and full of opportunityââ?¬â?this is more than just a house. Itââ?¬â?¢s a smart move. Letââ?¬â?¢s schedule a viewing and see how this home fits your future.
Opportunity knocks in desirable Maplewood with this 2-family fixer-upper located on a corner lot with a double garage. Offering strong upside for investors, contractors, or owner-occupants looking to create value. This property offers approximately 2,100+ sq ft of living space and is currently configured with a 3-bedroom first-floor unit with the ability to convert into a 4 bedroom by converting the kitchen into a bedroom and having an open plan kitchen concept in the dining/living toom or the dining room into a bedroom. Large full basement with 2 additional rooms and the possibility to add a 3rd room, bathroom and a large recreational area. The second floor has a spacious 1-bedroom second unit with potential for a 2-bedroom reconfiguration. The home is dated and in need of repairs and updates throughout. This is an ideal project for a buyer with vision who can restore and reposition the asset for owner-occupancy, rental income, or long-term appreciation with an after repair value of $950K+. Conveniently located near Maplewood amenities, parks, shopping, dining, and commuter routes, this property offers a rare chance to unlock value in a highly sought-after Essex County location. The buyer is responsible for conducting their own due diligence and for complying with municipal requirements. Pls do not enter the property using the stairs from the front of the house. This property maybe eligible for a grant from our approved lenders.
Opportunities like this do not come around often. Tucked away on a quiet cul-de-sac on a serene residential street, this well-positioned two-family property offers privacy, income potential, and long-term value. The property will be delivered vacant at closing of title.Each unit features three spacious bedrooms and one full bath in a flexible layout designed for comfortable living and strong rental performance, ideal for owner-occupants and income-focused investors alike. Separate utilities provide efficiency and clarity. A two-car garage and large backyard deliver everyday convenience rarely found in multi-family homes.The property also features a leased solar panel system, helping reduce electric costs. A finished basement with additional rooms and laundry hookups provides valuable flexible-use space.The location truly sets this property apart. Whole Foods, Target, and Home Depot are approximately 1.75 miles away, while nearby Springfield Avenue offers access to dining, shopping, and neighborhood conveniences. DeHart Park is approximately 1,700 feet away, and quick access to I-78 makes commuting easy.A rare opportunity to secure a strong two-family asset in a quiet, desirable setting. This property is sold as is. Seller is motivated and may consider buyer concessions with an acceptable offer, subject to buyer's lender approval and final contract terms. Don't wait to submit your offer.
Opportunities like this do not come around often. Tucked away on a quiet cul-de-sac on a serene residential street, this well-positioned two-family property offers privacy, income potential, and long-term value. The property will be delivered vacant at closing of title.Each unit features three spacious bedrooms and one full bath in a flexible layout designed for comfortable living and strong rental performance, ideal for owner-occupants and income-focused investors alike. Separate utilities provide efficiency and clarity. A two-car garage and large backyard deliver everyday convenience rarely found in multi-family homes.The property also features a leased solar panel system, helping reduce electric costs. A finished basement with additional rooms and laundry hookups provides valuable flexible-use space.The location truly sets this property apart. Whole Foods, Target, and Home Depot are approximately 1.75 miles away, while nearby Springfield Avenue offers access to dining, shopping, and neighborhood conveniences. DeHart Park is approximately 1,700 feet away, and quick access to I-78 makes commuting easy.A rare opportunity to secure a strong two-family asset in a quiet, desirable setting. This property is sold as is. Seller is motivated. Don't wait to submit your offer.HOUSE WILL BE DELIVERED VACANT at closing except second floor unit lease expires December 30th 2026. UPDATED WITH TWO BRAND NEW GARAGE DOORS. BACK ON MARKET BUYER LOST HIS JOB

Maplewood is located in New Jersey. Maplewood, New Jersey has a population of 25,420. Maplewood is more family-centric than the surrounding county with 47.76% of the households containing married families with children. The county average for households married with children is 30.18%.
The median household income in Maplewood, New Jersey is $156,477. The median household income for the surrounding county is $67,826 compared to the national median of $69,021. The median age of people living in Maplewood is 39.2 years.
The average high temperature in July is 85.6 degrees, with an average low temperature in January of 20.3 degrees. The average rainfall is approximately 50 inches per year, with 24.8 inches of snow per year.