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    108 Baker St Maplewood, NJ 07040-2531

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    108 Baker St Maplewood, NJ 07040-2531


    • Commercial real estate
    • 2,502 SF
    • 0.21 lot acres
    Off-Market
    Last Sale Sep 19, 2024
    $865,000
    Property ID
    US59-0082824
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Value Estimations
    $865,000
    Show details
    Cap Rate Potential
    4%
    Commercial real estate
    Location Intelligence

    Current Use by 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

    Property Details for 108 Baker St

    Year built
    1912
    Construction
    FRAME
    Lot size
    0.21 lot acres
    Property size
    2,502 SF
    Zone code
    R1-5
    Property type
    Commercial real estate
    APN
    11 00012- 06-00236
    APU
    11000120600236

    Description

    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.


    Value Estimations

    based on Realmo’s proprietary methodology
    • AI approach

      Method
      Estimation
      Statistic approach
      $865,000
      ML approach
      $865,000
    • CAP approach

      CAP Return
      Estimation
      6%
      $575,000
      6.5%
      $530,000
      7%
      $495,000
    • Comparable approach

      Method
      Estimation
      Statistic Estimate
      $1,107,000
      Market price range: $450k - $1.11M
      AI Estimate
      $523,000
      Market price range: $215k - $524k

    Get a detailed, property-specific estimation — fast and free


    Location Insight

    • Map
    • Local Demand
    City
    Maplewood
    County
    Essex
    State
    New Jersey
    Longitude
    -74.28
    Latitude
    40.7304
    CBSA code
    35620
    CBSA name
    NEW YORK-NORTHERN NEW JERSEY-LONG ISLAND, NY-NJ-PA METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $22,071
    $400,000
    $475,700
    $875,700
    -
    $400,000
    $475,700
    $875,700
    More about this property
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