Properties

Description

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.

Features

  • Heating System : See Remarks
  • Cooling System : See Remarks
  • Basement : Storage
  • Roof Deck : See Remarks
  • Lot Description: Corner
  • Tax Assessed Valuation: 1183200
  • Sewer: Public Sewer
  • Water: Public Water

Appliances

  • Utilities: Gas-Natural

Additional Info

  • Office Name: KELLER WILLIAMS - NJ METRO GROUP
  • Office MLS ID: 4129
  • Agent ID: 285362
  • Tax: 27367
  • Tax Year: 2024
  • Application Fee: $0
  • Zoning: RB Retail Bus

Commercial For Sale

For Sale
$2,250,000

171 Maplewood Ave, Maplewood Twp., *

  • SQFT 25 Acre
  • Built Year 1921

Details

  • Property Type: Commercial
  • Listing Type: For Sale
  • Listing ID: 5408215
  • Price: $2,250,000
  • Bedrooms: 0
  • Bathrooms: 0
  • Half Bathrooms: 0
  • Square Footage: 0 Sqft
  • Year Built: 1921
  • Year Built Description: Standing
  • Lot Area: 25 Acre
  • Status: Active
  • Days On Market: 153

Contact Agent

Sky Realty & Associates

Map

Address Map

  • Country US
  • County Essex
  • City Maplewood Twp.
  • Zipcode *
  • Street: Maplewood Ave
  • Street Number: 171
  • Street Direction: GSP Exit 145 to Maplewood. Corner of Maplewood Ave
  • Floor Number: 0
  • Longitude: W75° 43' 18.8''
  • Latitude: N40° 43' 50.7''
  • Internet Display Address: Yes
Property