171 Maplewood Ave
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171 Maplewood Ave
4,736 SF 100% Leased Retail Building Maplewood, NJ 07040 £1,775,250 (£375/SF)
Executive Summary
NAI James E. Hanson is pleased to present, on an exclusive basis, for sale 171 Maplewood Avenue, Maplewood, NJ 07040 (the "Property") a ±4,736 SF 3-story mixed-use building on the corner of Highland Place. The mixed-use building features one ground floor retail store, leased to a cannabis shop, and three well appointed residential apartments on the second (1) 2-BR and third floors (2) 1-BR. The Property is located in a vibrant downtown near the Maplewood train station on the NJ Transit Morris & Essex line. The Property is a few minutes off of I-78 (Exit-50 Vauxhall Rd). All showings to be arranged through Listing Agent. Do not visit the Property unaccompanied. Contact Listing Agent for confidentiality agreement in order to receive copy of the offering memorandum.
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Storefront Retail/Residential
Building Size
4,736 SF
Building Class
B
Year Built
1921
Price
£1,775,250
Price Per SF
£375
Percent Leased
100%
Tenancy
Multiple
Number of Floors
3
Building FAR
2.72
Land Acres
0.04 AC
Zoning
RB - Retail Business
Frontage
36 ft on Maplewood Avenue
Walk Score ®
Very Walkable (89)
Nearby Major Retailers
PROPERTY TAXES
Parcel Number | 11-00012-04-00191-02 | Improvements Assessment | £736,295 |
Land Assessment | £197,250 | Total Assessment | £933,545 |
PROPERTY TAXES
Parcel Number
11-00012-04-00191-02
Land Assessment
£197,250
Improvements Assessment
£736,295
Total Assessment
£933,545
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171 Maplewood Ave
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