Listing Details

499 Valley St,Maplewood Twp., NJ 07040-1447

  • April 10, 2026

Description

Excellent opportunity to own a well maintained mixed use investment property in a thriving Maplewood location. This unique property consists of a fully renovated two-family home plus a separate single story commercial office space, offering strong rental income and long-term upside for investors or business owners alike. The residential building has been recently and extensively renovated, featuring beautifully updated kitchens, modern bathrooms, and refreshed flooring throughout. Tenants also enjoy access to the basement which includes two separate washers and dryers, adding convenience and additional value for residents. An benefit for tenants include access to the 3rd floor – which is open for their exclusive use as a office space, recreation area or storage. The street level commercial office space offers great visibility and flexibility for a wide variety of uses. Whether you’re an investor looking for stable income or a business owner seeking a high-traffic location while offsetting expenses with rental income, this property presents a compelling opportunity. Located just moments from the Maplewood train station and the vibrant Maplewood Village, the property benefits from constant foot traffic, nearby restaurants, shops, and easy access to NYC transportation.

Details

Last Updated On: April 10th, 2026 at 8:41 pm
Property ID:PT-36411755-AXZR
Offer Type:For Sale
Property Type:Mixed Use
Price: 1,500,000 $
Year Built:1922

Additional Details

Listing Details

Status: Active

Location

County: Essex
Lotsize: 50X150
Office SqFt: 9999
Property Type: Mixed Use
Available: Immediately
Lot Identifier: 87

Home Details

Subdivision: Valley St
Location: Business District, Residential Area
Acreage: 0.17
Sale Includes: Building & Land
Renovated: 2024
Construction: Wood
Exterior Description: Concrete, Vinyl Siding
Roof Description: Asphalt Shingle, Flat
Number of Garage Spaces: 9
Number of Stories: 3
Number of Units: 3
Number of Lavatories: 3
Max Ceiling Height: 9
Max Door Height: 9999
Floors: Tile, Wood
Available SqFt: 9999
Building SqFt: 9999
Parking Desc: 1 Car Width, Off-Street Parking, Parking Lot-Exclusive
Easement/Desc: Unknown
Basmnt/Desc: Yes - Full, Unfinished
Tenant Pays: Cable T.V., Electric, Gas, Heat
Owner Pays: Maintenance-Common Area, Maintenance-Lawn, Sewer, Trash Removal
YB/Desc: 1922 - Approximate, Renovated
Block Identifier: 16.02
County Number: 16
Town Number: 1611
Possession: upon closing

Taxes, Fees & Assessments

For Sale Or Lease: For Sale
Documents Available: Income & Expenses, Leases, Survey
Lease Info: 1 Year Minimum
Ownership: Fee Simple
Tax ID For Property: 1611-00016-0002-00087-0000-
Tax Amount: $22,166.00
Tax Year: 2025
Tax Rate: 2.401%
Tax Rate Year: 2025
Farm Assessment: No
Land Assessment: $250,000.00
Building Assessment: $673,200.00
Total Assessment: $923,200.00

Utilities

Equipment Available: Appliances
Heat Source: Gas-Natural
Heat System: Radiators - Steam
Cool System: No Cool
Water: Public Water
Sewer: Public Sewer
Utilities: Gas-Natural
Services: Garbage Extra Charge

Other

Permitted Use: Office, business, multi fam
Zoning: OB

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