157 Maplewood Ave | Maplewood, NJ 07040
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- LoopNet Team
157 Maplewood Ave
Maplewood, NJ 07040
Retail Property For Sale
Investment Highlights
- Brand New 15-Yr Absolute NNN Lease
- Complete Building Remodel Expected to be Completed in December 2021
- Densely Populated Affluent New York City Suburb | Located 20 Miles from NYC
- Attractive Rental Increases Throughout the Base Term & Options
- Tenant is Putting in Over $700,000 into the Renovations
- Located Directly Across from the Maplewood Train Station
Property Facts
Property Type
Retail
Property Subtype
Building Size
7,300 SF
Building Class
C
Year Built/Renovated
1954/2021
Tenancy
Single
Building Height
1 Story
Building FAR
0.76
Lot Size
0.22 AC
Zoning
commercial
Parking
30 Spaces (4.4 Spaces per 1,000 SF Leased)
Frontage
79’ on Maplewood Ave
Amenities
- Freeway Visibility
- Signage
- Air Conditioning
Property Taxes
| Parcel Number | 11-00012-02-00174 | Improvements Assessment | $1,650,000 |
| Land Assessment | $750,000 | Total Assessment | $2,400,000 |
Property Taxes
Parcel Number
11-00012-02-00174
Land Assessment
$750,000
Improvements Assessment
$1,650,000
Total Assessment
$2,400,000
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