Listing Details

171 Maplewood Ave,Maplewood Twp., NJ 07040-2509

  • January 28, 2026

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.

Details

Last Updated On: January 28th, 2026 at 5:42 pm
Property ID:PT-26302720-AXZR
Offer Type:For Sale
Property Type:Mixed Use
Price: 2,250,000 $
Year Built:1921

Additional Details

Listing Details

Status: Active

Location

County: Essex
Lotsize: 25X70
Lot Description: Corner
Property Type: Mixed Use, Store With Apartment
Lot Identifier: 191.02

Home Details

Location: Corner
Acreage: 0.04
Sale Includes: Building Only
Construction: Brick/Block
Exterior Description: Brick/Block
Number of Stories: 3
Number of Units: 4
Number of Lavatories: 4
Available SqFt: 4736
Building SqFt: 4736
Parking Desc: None, On-Street Parking
Easement/Desc: No
Basmnt/Desc: Yes - Storage
YB/Desc: 1921 - Standing
Block Identifier: 12.04
County Number: 16
Town Number: 1611
Possession: At Closing

Taxes, Fees & Assessments

For Sale Or Lease: For Sale
Documents Available: Leases, Pro Forma
Ownership: Fee Simple
Tax ID For Property: 1611-00012-0004-00191-0002-
Tax Amount: $27,367.00
Tax Year: 2024
Tax Rate: 2.313%
Tax Rate Year: 2025
Land Assessment: $250,000.00
Building Assessment: $933,200.00
Total Assessment: $1,183,200.00

Utilities

Heat Source: Gas-Natural
Water: Public Water
Sewer: Public Sewer
Utilities: Gas-Natural

Other

Permitted Use: Mixed-Use Res/Com Retail
Zoning: RB Retail Bus

Statistics

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