101 Baker St Under Contract

Maplewood Twp.,NJ 07040

$ 1395000

- Bed

- Bath

3020 SqFt


Key Details

Property Type Single Family Home

Sub Type Mixed Use

Listing Status Under Contract

Purchase Type For Sale

Square Footage 3,020 sqft

Price per Sqft $461

MLS Listing ID 3946638

Year Built 1923

Annual Tax Amount $18,798

Tax Year 2024

Lot Size 6,969 Sqft

Property Sub-Type Mixed Use

Property Description

A fabulous opportunity to own a classic single-family home with the added benefit of income-producing rental units, located in the heart of Maplewood Village. This unique property offers a private residence combined with two separate retail units, ideal for owner use or rental income. The property is situated in a highly sought-after area, ensuring both privacy and convenience, with easy access to local shops, restaurants, coffee houses, the South Mountain Reservation and NJ Transit Trains to NYC. The property boasts low taxes, making it an even more attractive investment. While the home is move-in ready, there is also significant potential for updates, allowing you to personalize the space to suit your needs. The two retail units, each approx 650 square feet, are equipped with half bathrooms and offer excellent opportunities for businesses. Whether you're looking to run your own business or lease them out, these units provide flexible options. The residence itself features four spacious bedrooms, a separate suite with kitchenette. The property's private backyard offers a peaceful outdoor retreat for relaxation, gardening, or entertainment. Additionally, the finished third level of the home provides versatile space that can be used as a home office, additional living area, or bedroom. With endless possibilities, this property is perfect for anyone looking to combine the comfort of home with the potential for income.

Location

State NJ

County Essex

Zoning RB

Interior

Heating Gas-Natural

Cooling Window A/C(s)

Flooring Tile, Wood

Equipment Kitchen Area, Smoke Detector

Exterior

Exterior Feature See Remarks, Vinyl Siding

Utilities Available Electric, Gas-Natural

Roof Type Asphalt Shingle, Flat

Building

Lot Description Level Lot

Story 3

Sewer Public Sewer

Water Public Water

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