12 Hillcrest Rd Maplewood, NJ 07040
MULTI_FAMILY - Maplewood Twp., NJ
- Added:
- May 21, 2026
- Days on Market:
- 52
- Last Refresh:
- Jul 11 at 3:06 am
Property Features for 12 Hillcrest Rd
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Zoning
- R2
- Bedrooms
- 6
- Bathrooms
- 3
- Rooms
- Bedroom 4, Bedroom 1, Basement, Bedroom 5, Bathroom 1, Bathroom 3, Bedroom 2, Bedroom 3, Bathroom 2, Bedroom 6
- Parking
- 2
- Interior features
- Carbon Monoxide Detector, High Ceilings, Tile Floors, Wood Floors
- Standard status
- Active
- Lot size
- 0.13 Acres
Taxes and HOA fees
- Tax Year
- 2025
- Tax Annual Amount
- 17270
Utilities
- Sewer type
- Public Sewer
- Heating system
- Other (Heating), Steam
- Water source
- Public
Building Details
- Year built
- 1930
- Floors in Building
- 2
- Number of units
- 2
- Roof type
- Shingle
- Architectural style
- Other
Listing agent DARRELL BAILEY (908) 664-1500
Listing office RE/MAX FIRST REALTY II 409 NORTH AVENUE E ,, Cranford, NJ (908) 664-1500
Listing date May 21, 2026
Copyright © 2026 Garden State MLS, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
The property sits on a corner lot and includes a double garage. A large full basement provides additional rooms and includes the possibility to add a third room, a half bathroom, and a recreational area.
Located in Maplewood Township, the home is described as being near local amenities, parks, shopping, dining, and commuter routes. Buyer is responsible for conducting their own due diligence and complying with municipal requirements.
Key Highlights
- 2‑family home on a corner lot with a double garage
- Approximately 2,100+ sq ft; built in 1930; roof is shingle
- 2.5 baths with 6 bedrooms listed across the home’s rooms
Local Financial Insights For Multifamily LT 5
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $53.7k | $25.56 |
| − Vacancy | −$3.5k | −$1.65 |
| EGI | $50.2k | $23.91 |
| − OpEx | −$15.1k | −$7.17 |
| NOI | $35.1k | $16.74 |
