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1586-1590 Maple Ave 9,776 SF 100% Leased Retail Building Hillside, NJ 07205 $2,480,000 ($253.68/SF) 7.63% Cap Rate
Executive Summary
Fully rented, beuutiful building. 6 apartments, and 7 stores.
4 of the 6 apartments have been beautifully renovated, with hardwood floors, granite countertops, and a few with laundry.
Wonderful tenants and rental collections are timely.
Seller has an NFA and a recent Green Card for the building.
4 of the 6 apartments have been beautifully renovated, with hardwood floors, granite countertops, and a few with laundry.
Wonderful tenants and rental collections are timely.
Seller has an NFA and a recent Green Card for the building.
Financial Summary (Actual - 2025) Click Here to Access |
Annual | Annual Per SF |
|---|---|---|
| Gross Rental Income |
$99,999
|
$9.99
|
| Other Income |
$99,999
|
$9.99
|
| Vacancy Loss |
$99,999
|
$9.99
|
| Effective Gross Income |
$99,999
|
$9.99
|
| Taxes |
$99,999
|
$9.99
|
| Operating Expenses |
$99,999
|
$9.99
|
| Total Expenses |
$99,999
|
$9.99
|
| Net Operating Income |
$99,999
|
$9.99
|
Financial Summary (Actual - 2025) Click Here to Access
| Gross Rental Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Other Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Vacancy Loss | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Effective Gross Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Taxes | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Operating Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Total Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Net Operating Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Storefront Retail/Residential
Building Size
9,776 SF
Building Class
C
Year Built
1929
Price
$2,480,000
Price Per SF
$253.68
Cap Rate
7.63%
NOI
$189,174
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Building FAR
1.60
Lot Size
0.14 AC
Zoning
RC
Frontage
Very walkable
80/100
Moderately drivable
60/100
Good public transit
60/100
Fairly bikeable
40/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 07-00425-0000-00001 | Total Assessment | $275,000 |
| Land Assessment | $85,400 | Annual Taxes | ($1) ($0.00/SF) |
| Improvements Assessment | $189,600 | Tax Year | 2025 |
Property Taxes
Parcel Number
07-00425-0000-00001
Land Assessment
$85,400
Improvements Assessment
$189,600
Total Assessment
$275,000
Annual Taxes
($1) ($0.00/SF)
Tax Year
2025
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1586-1590 Maple Ave
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