499 Valley St Maplewood, NJ 07040

Building Details

Year Built

1922

Listing Agency Compass NJ LLC t***@gmail.com Show Phone

Listed by PETER DECICCO

Source Elliman

Added: Apr 11 Checked: Jul 17 at 4:54 am

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Investment Insights

Based on property information with market context.

This mixed-use property in Maplewood features a renovated two-family home and a separate single-story commercial office space. The residential building has updated kitchens, modern bathrooms, and refreshed flooring. Tenants have access to the basement with two separate washers and dryers, and the 3rd floor can be used as office space, a recreation area, or for storage. The street-level commercial office space offers visibility and flexibility for various uses. The property is located near the Maplewood train station and Maplewood Village, benefiting from foot traffic, nearby restaurants, shops, and access to NYC transportation. The property is suitable for investors seeking stable income or business owners desiring a high-traffic location while offsetting expenses with rental income. The location is very walkable with a score of 82 and somewhat bikeable with a score of 42.

Key Highlights

• Prime Location: Moments from Maplewood train station and Maplewood Village, offering high foot traffic and easy access to NYC transportation.
• Strong Rental Income Potential: Mixed‑use property with a renovated two‑family home and a separate commercial office space.
• Fully Renovated Residential Units: Recently and extensively renovated two‑family home with updated kitchens and modern bathrooms.

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FAQs

What type of property is this?

Mixed-use property - Well-maintained mixed-use investment property with strong rental income potential.

Where is this mixed-use property located?

The property is located at 499 Valley St Maplewood, NJ.

What is the asking price?

The asking price for this property is $1,500,000.

What are key features of this property?

This property features: Prime Location: Moments from Maplewood train station and Maplewood Village, offering high foot traffic and easy access to NYC transportation.; Strong Rental Income Potential: Mixed‑use property with a renovated two‑family home and a separate commercial office space.; Fully Renovated Residential Units: Recently and extensively renovated two‑family home with updated kitchens and modern bathrooms.