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Matthew De Fede

matthewdefede@realtyexecutives.com +1(862) 228-0554

$ 650,000

Est. payment | -/mo

6 Beds

2.5 Baths

5,711 SqFt

Save

$ 650,000

Est. payment | -/mo

Save

6 Beds

2.5 Baths

5,711 SqFt

Key Details

Property Type Multi-Family, Commercial

Listing Status Active

Purchase Type For Sale

Square Footage 5,711 sqft

Price per Sqft $113

MLS Listing ID 4017760

Style 2-Two Story

Bedrooms 6

Full Baths 2

Half Baths 1

Year Built 1930

Annual Tax Amount $16,637

Tax Year 2024

Lot Size 5,662 Sqft

Property Description

Opportunity knocks in desirable Maplewood with this 2-family fixer-upper w/ 6 rooms and 2.5 baths located on a corner lot with a double garage. Offering strong upside for investors, contractors, or owner-occupants looking to create value. This property offers approximately 2,100+ sq ft of living space and is currently configured with a 3-bedroom first-floor unit with the ability to convert into a 4 bedroom by converting the kitchen into a bedroom and having an open plan kitchen concept in the dining/living toom or the dining room into a bedroom. Large full basement with 2 additional rooms and the possibility to add a 3rd room, half bathroom and a large recreational area. The second floor has a spacious 1-bedroom second unit with potential for a 2-bedroom reconfiguration. The home is dated and in need of repairs and updates throughout. This is an ideal project for a buyer with vision who can restore and reposition the asset for owner-occupancy, rental income, or long-term appreciation with an after repair value of $950K+. Conveniently located near Maplewood amenities, parks, shopping, dining, and commuter routes, this property offers a rare chance to unlock value in a highly sought-after Essex County location. The buyer is responsible for conducting their own due diligence and for complying with municipal requirements. This property maybe eligible for a grant from our approved lenders. LA has a legal interest in the property.

Location

State NJ

County Essex

Zoning R2

Rooms

Basement Full

Interior

Interior Features Carpeting, Tile Floors, Wood Floors

Heating Oil Tank Below Ground

Cooling None

Heat Source Oil Tank Below Ground

Exterior

Exterior Feature Clapboard, Wood

Parking Features Detached Garage

Garage Spaces 2.0

Utilities Available All Underground

Roof Type Asphalt Shingle

Building

Lot Description Level Lot

Sewer Public Sewer

Water Public Water

Architectural Style 2-Two Story

Schools

Elementary Schools Tuscan

Middle Schools Maplewood

High Schools Columbia

Others

Senior Community No

Listed by RE/MAX FIRST REALTY II

Nearby Locations

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(862) 228-0554

matthewdefede@realtyexecutives.com

653 Franklin Ave, Nutley, NJ, 07110, USA

12-14 Hillcrest Rd Maplewood Twp., NJ 07040