Property
Maplewood Twp., NJ 07040 14 Nelson Pl
$1,200,000
Pending
21 more
Presented By: KELLER WILLIAMS REALTY; 917-334-3793
Beds • 12
Full/Half Baths • 4 / 1
Garage • 4
Home Details
Rare 4-family home located on a quiet dead-end street in one of Maplewood's most up-and-coming neighborhoods. This centrally located property offers easy access to town & train, making it ideal for NYC commuters. The building features 4 fully refurbished units with upgraded electrical systems, a 4-year-old roof, and a baseboard heating system that's less than 2 years old. Each unit has separate utilities for added convenience. The building is fully stabilized and comes with great tenants who consistently pay on time. Currently generating $126,600 annually, this turnkey operation has additional income potential from 2 unused garage spaces and basement storage. Don't miss the opportunity to invest in this prime location with strong cash flow and room for growth!
Presented By: KELLER WILLIAMS REALTY; 917-334-3793
Interior Features for 14 Nelson Pl
Bedrooms
Total Bedrooms12
Unit 1 Beds Total4
Unit 2 Beds Total2
Unit 3 Beds Total3
Unit 4 Beds Total3
Bathrooms
Half Baths1
Unit 1 Baths Total1.5
Unit 2 Baths Total1.0
Unit 3 Baths Total1.0
Unit 4 Baths Total1.0
Other Interior Features
Unit 1 Sq Ft1500
Unit 2 Sq Ft800
Unit 3 Sq Ft1000
Unit 4 Sq Ft1000
Unit 1 Levels2
Unit 2 Levels1
Unit 3 Levels1
Unit 4 Levels1
UnitType1TotalRent3000
UnitType2TotalRent2000
UnitType3TotalRent2400
Unit 4 Fireplaces0
Unit 4 Appl/EquipCarbon Monoxide Detector, Range/Oven - Gas, Refrigerator
Unit 3 Fireplaces
Unit 3 Handicap ModifiedNo
Unit 4 Handicap ModifiedNo
Unit 2 Handicap ModifiedNo
Unit 2 Fireplaces
Unit 1 Fireplaces
Unit 1 Handicap ModifiedNo
Unit 1 Appl/EquipCarbon Monoxide Detector, Range/Oven - Gas, Refrigerator
Unit 2 Appl/EquipCarbon Monoxide Detector, Range/Oven - Gas, Refrigerator
Unit 3 Appl/EquipCarbon Monoxide Detector, Range/Oven - Gas, Refrigerator
BasementFinished-Partially, Walkout
Fuel TypeElectric, Gas-Natural
Other Rooms
Unit 4 Rooms5
Unit 2 Rooms5
Unit 1 Rooms5
Unit 3 Rooms5
Unit 3 Room DescriptionBedrooms, Family Room, Kitchen
Unit 1 Room DescriptionBedrooms, Family Room, Kitchen
Unit 2 Room DescriptionBedrooms, Family Room, Kitchen
Unit 4 Room DescriptionBedrooms, Family Room, Kitchen
General for 14 Nelson Pl
Architectural Style2-Two Story
CoolingNone
CountyEssex
DirectionsBoyden to Nelson
DriveParking Lot-Exclusive
EasementUnknown
Full Baths4
GarageDetached Garage
Garage Spaces4
Gross Income126600
Heating4+ Units, Baseboard - Electric
Net Operating Income98547
Number Of Units Total4
Open Parking Spaces8
Operating Expense28053
PossessionImmediate
RoofFlat, Rubberized
SewerPublic Sewer
Standard StatusUnder Contract
StatusUnder Contract
Tax Annual Amount16193
Tax Assessed Value700100
Tax Lot464
Tax Year2024
Total Rooms20
Town #1611
TownshipMaplewood Twp.
UtilitiesElectric, Gas-Natural
Water HeaterGas
Year Built1928
Exterior for 14 Nelson Pl
Exterior DescriptionAluminum Siding, Brick
Lot Dimensions56X139+REAR
Lot FeaturesCul-De-Sac
Lot Size Acres0.18
Water SourcePublic Water
Additional Details
Price History
Brian Lee
Associate