Closed$549,000
TLC ≈ $4,358/mo
4 2 1,622 sqft
375 Miller Street, Union Twp, NJ 07088
374 Boyden Avenue, Maplewood, NJ 07040
$785,000
0 beds 4 baths — Built 192420 days on marketActive
About this home
Exceptional opportunity to own a fully occupied, legal 3-family property in the highly desirable Township of Maplewood. This income-producing property features three spacious apartments with practical layouts, offering immediate rental income and long-term investment potential. Current gross rental income is $85, 800 annually, with seller-reported recurring operating expenses resulting in an estimated Net Operating Income (NOI) of approximately $60, 514 and an estimated 7.71% cap rate at the $785, 000 asking price. Financial information is believed to be accurate but should be independently verified by purchasers. Conveniently located just minutes from Maplewood Village, NJ Transit train and bus service, Maplecrest Park, local shopping, restaurants and major highways.
Affordability — calculate your monthly payment
Adjust your budget to see what's left after housing, utilities and transportation. Numbers below assume a 5% down, 30YrFixed at 7.19% APR.
Your estimated payment
$7,857/mo
- Real estate (PITI + HOA + PMI)
- $7,639
- Utilities
- $602
- Transportation
- $132
- Other (entertainment)
- $158
Principal + interest$5,057
Property tax + insurance$2,288
PMI / 2nd mortgage$294
Heating + cooling$164
Internet + TV + phone$158
Water + sewer + garbage$58
Car insurance + maintenance$132
Budget$8,357/mo
Remaining after TLC$500/mo
Purchase price
$785,000
Down payment
$39,250 (5%)
Loan amount
$745,750
APR
7.19%
Quick facts
Type
3 Family
Style
—
Year built
1924
Lot size
—
Stories
3
Heating
Baseboard, Radiant, Radiators-Steam, Steam
Cooling
Ceiling Fan(s),A/C Wall Unit(s),A/C Window Unit(s)
Water
Public
HOA
—
Annual tax
$15,124
MLS #
2702006R
County
Essex
At a glance
Basement
Garage (2)
Home features
Appliances
Water Heater(Gas)Water HeaterUnit 1(Range/OvenRefrigerator)Unit 2(Range/OvenRefrigerator)
Interior
Unit 1(3 BedroomsKitchen1 BathLiving Room)Unit 2(Dining Room2 BedroomsKitchen1 BathLiving Room)Unit 3(2 BedroomsKitchen1 BathLiving Room)
Exterior
PatioPorch(es) - EnclosedPorch(es) - OpenDeckFencing/WallPorch
Parking
GarageAttachedDetached1-2 Car Parking
Patio & porch
PatioEnclosedPorch(es) - OpenDeckPorch
Roof
Asphalt
Sewer
Public Sewer
Ownership
Partnership
Lot features
Wooded, Level
Neighborhood — 07040
| Metric | This ZIP | County | USA |
|---|---|---|---|
| Population | 27,251 | 8,832,837 | 299,088,112 |
| Population Change Since1990 | 8.00% | 14.00% | 20.00% |
| Population Density | 7,005 | 1,137 | — |
| Male | 13,029 | 4,307,827 | 147,432,321 |
| Female | 14,223 | 4,525,010 | 151,655,844 |
| Never Married | 6,725 | 1,965,811 | 63,775,926 |
| Married | 10,797 | 3,647,435 | 123,120,365 |
| Separated | 987 | 391,239 | 12,639,686 |
| Widowed | 1,328 | 515,172 | 15,467,586 |
| Divorced | 1,481 | 529,393 | 23,075,029 |
| Number Of House Hold | 9,088 | 3,167,345 | 111,826,380 |
| Average House Hold Size | 2.78 | 2.73 | 2.60 |
| Medial Age | 36.10 | 37.15 | 35.46 |
| Median House Hold Income | $91,348 | $63,392 | $48,276 |
| Average House Hold Income | $126,414 | $83,312 | $63,629 |
| P C I | $45,228 | $30,662 | $24,529 |
| M D I | $71,697 | $52,505 | $41,133 |
| A T H E | $83,466 | $61,369 | $50,898 |
| S T R | 7.00% | 7.00% | — |
| W C J | 81.91% | 81.02% | 77.74% |
(Zip) Code
7040
Data via Certihomes neighborhood index. Comparisons across this ZIP, county and the United States.
Map & walkability
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Listing information last refreshed 8/8/2026. Provided courtesy of KELLER WILLIAMS VILLAGE SQUARE via Central Jersey Multiple Listing System, INC. Information deemed reliable but not guaranteed.