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97 Baker StMaplewood Twp., NJ 07040

Maplewood Village Comm · Essex County

$3,900,000List price
12,016Sq Ft
1932Year built
5 weeks agoOn market

Description

A rare mixed-use investment opportunity in the heart of Maplewood's award-winning Village! This distinctive commercial property offers approximately 12,000 square feet in total, including 6,500 square feet of commercial space divided among five separate spaces, plus three luxury loft-style residential units totaling approximately 5,500 square feet.With the NJ Transit train station practically in sight, the property enjoys exceptional visibility and accessibility in one of Northern New Jersey's most desirable commuter communities less than 45 minutes from Manhattan. More than 15 restaurants and caf s are just around the corner, along with boutiques, professional services and the energy of downtown Maplewood.The property presents compelling possibilities for a 1031 exchange investor, a business owner seeking a prominent downtown location, or an owner-occupant who wants to enjoy a spacious luxury residence while benefiting from multiple commercial and residential income streams.Nearby Memorial Park, designed by the renowned Olmsted Brothers landscape architecture firm, provides a beautiful green centerpiece for the Village where you can take in some of the serenity offered by the grounds and pond. Surrounded by strong residential demand and impressive home-value appreciation, this is a truly uncommon opportunity to own a substantial mixed-use asset in one of the region's most vibrant and commuter-friendly downtowns with easy access to NYC for all that NYC has to offer.

Property Information

Property type
Commercial Sale
Sub-type
Multi Family
Year built
1932
Building area
12,016 Sq Ft
Ownership
Fee Simple
Days on market
40
MLS® Listing#
4051267

Property Features

Cooling
Central Air
Heating
Forced Air · Natural Gas · Hot Water · Radiant
Flooring
Wood
Basement
Full · Unfinished
Parking
Off Street
Lot features
Level
Construction
Brick
Roof
Rubber
Sewer
Public Sewer
Water source
Public

Financial Details

Annual taxes
$74,121Tax year 2025
Assessed value
$2,935,500
Parcel number
1611-00012-0004-00195-0000-

Directions

Heart of Maplewood Village off Maplewood Ave

Listing Courtesy: KELLER WILLIAMS MID-TOWN DIRECT - 9737625400

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