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Property profile & analytics
OFF-MARKET Estimated value $865,000
Commercial real estate

108 Baker St Maplewood, NJ 07040-2531

2,502 SF 0.21 ac lot Built 1912
Entity Owned 1-yr Hold Absentee Owner ~ Est. High Equity
Property ID
US59-0082824
Property summary
AI-generated overview

This exceptional 400-square-foot office space is ideally situated in the heart of Maplewood, NJ, at 108 Baker Street, Unit 101. Boasting a highly desirable in-town location, this first-floor unit offers unparalleled convenience and accessibility. The space features a modern glass entry door and is thoughtfully divided into two distinct areas by a glass partition with a door, providing flexibility for various business needs. This layout is perfect for a shared workspace or an office with a dedicated reception or waiting area. The property includes two designated private parking spaces, a significant advantage in this vibrant town. Recent building improvements enhance the property's appeal, including newer windows, updated siding, and a newly paved blacktop parking lot. All office tenants enjoy the convenience of a shared kitchen area and access to three powder room bathrooms. Utilities are separately metered for each unit, ensuring cost transparency. While conveniently located near the bustling Maplewood Village, this office space benefits from a quieter, more discreet setting, offering a productive and peaceful work environment. The 0.21-acre lot provides ample space for parking and building amenities. This is a truly exceptional opportunity for businesses seeking a well-appointed and conveniently located office space in Maplewood.

Property profile
Verified
Property type Commercial real estate
Use group COMMERCIAL (GENERAL)
Year built 1912
Construction FRAME
Total area 2,502 SF
Lot 0.21 ac (8,999 SF)
Zoning code R1-5
APN 11 00012- 06-00236
UPID US59-0082824
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Pusin & Sklar Law Firm
  • Madelyn Petrow-Cohen Counselor
  • College with Confidence and Beyond College
  • College with Confidence Medical Clinic
  • Romy A. Nesin, PhD Physician Medical Clinic
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
$865k
CAP Approach CAP
$530k
Comparable Approach Comparable
$1.11M
Blend (final) Blend
$865k
Owner & transaction history
108 Baker LLC · 1 yrs held
108 Baker LLC
since 2024
Last sale
$865,000
2 recorded transactions
2024
$865,000
2004
$737,000
Zoning & alternative use
R1-5 · Maplewood, NJ
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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