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Thomas "Chopper" Russo

chopper@chopperrussoteam.com +1(201) 240-5200

$ 3,900,000

Est. payment | -/mo

12,016 SqFt

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$ 3,900,000

Est. payment | -/mo

Save Virtual Tour

12,016 SqFt

Key Details

Property Type Commercial

Sub Type Mixed Use

Listing Status Active

Purchase Type For Sale

Square Footage 12,016 sqft

Price per Sqft $324

Subdivision Maplewood Village Comm

MLS Listing ID 4051267

Year Built 1932

Annual Tax Amount $74,121

Tax Year 2025

Property Sub-Type Mixed Use

Property 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.

Location

State NJ

County Essex

Zoning RB

Rooms

Basement Full, Storage, Unfinished

Interior

Heating Gas-Natural

Cooling 4+ Units, Central Air

Flooring See Remarks, Wood

Equipment See Remarks, Sprinkler System

Heat Source Gas-Natural

Exterior

Exterior Feature Brick/Block, See Remarks

Utilities Available Electric, Gas In Street

Roof Type Flat, Rubberized

Building

Lot Description Level Lot

Story 2

Sewer Public Sewer, Sewer Charge Extra

Water Public Water, Water Charge Extra

Others

Ownership Fee Simple

Virtual Tour https://listings.vmdpros.com/sites/u/emoylzql

Listed by KELLER WILLIAMS MID-TOWN DIRECT

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Thomas "Chopper" Russo

Broker Associate

+1(201) 240-5200

97 Baker St Maplewood Twp., NJ 07040

Thomas "Chopper" Russo

Key Details

Location

Rooms

Interior

Exterior

Building

Others

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97 Baker St