Log In/Sign Up
Your email has been sent.
499 Valley St 4,474 SF 100% Leased Office Building Maplewood, NJ 07040 $1,500,000 ($335.27/SF) 6.80% Cap Rate
Investment Highlights
- High visibility area
- Steps from Maplewood NJ Transit station with direct service to New York City.
- 100% occupancy generating $132,000 in gross annual income and immediate cash flow.
Executive Summary
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.
Financial Summary (Actual - 2025) |
Annual | Annual Per SF |
|---|---|---|
| Gross Rental Income |
$132,000
|
$29.50
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$132,000
|
$29.50
|
| Taxes |
$22,173
|
$4.96
|
| Operating Expenses |
$7,861
|
$1.76
|
| Total Expenses |
$30,034
|
$6.71
|
| Net Operating Income |
$101,966
|
$22.79
|
Financial Summary (Actual - 2025)
| Gross Rental Income | |
|---|---|
| Annual | $132,000 |
| Annual Per SF | $29.50 |
| Other Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income | |
|---|---|
| Annual | $132,000 |
| Annual Per SF | $29.50 |
| Taxes | |
|---|---|
| Annual | $22,173 |
| Annual Per SF | $4.96 |
| Operating Expenses | |
|---|---|
| Annual | $7,861 |
| Annual Per SF | $1.76 |
| Total Expenses | |
|---|---|
| Annual | $30,034 |
| Annual Per SF | $6.71 |
| Net Operating Income | |
|---|---|
| Annual | $101,966 |
| Annual Per SF | $22.79 |
Property Facts
Sale Type
Investment or Owner User
Property Type
Office
Property Subtype
Building Size
4,474 SF
Building Class
C
Year Built
1922
Price
$1,500,000
Price Per SF
$335.27
Cap Rate
6.80%
NOI
$101,965
Percent Leased
100%
Tenancy
Multiple
Building Height
3 Stories
Typical Floor Size
2,034 SF
Building FAR
0.60
Lot Size
0.17 AC
Zoning
OB - BO
Parking
9 Spaces (2.01 Spaces per 1,000 SF Leased)
1 1
Moderately walkable
70/100
Exceptionally drivable
100/100
Good public transit
60/100
Fairly bikeable
50/100
Property Taxes
| Parcel Number | 11-00016-02-00087 | Total Assessment | $923,200 |
| Land Assessment | $250,000 | Annual Taxes | $22,173 ($4.96/SF) |
| Improvements Assessment | $673,200 | Tax Year | 2025 |
Property Taxes
Parcel Number
11-00016-02-00087
Land Assessment
$250,000
Improvements Assessment
$673,200
Total Assessment
$923,200
Annual Taxes
$22,173 ($4.96/SF)
Tax Year
2025
1 of 49
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
1 of 1
Presented by
Compass New Jersey, LLC
499 Valley St
Already a member? Log In
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.