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24 Franklin Ave, Maplewood, NJ, 07040
Well-Maintained Three-Family Property

24 Franklin Ave Maplewood, NJ 07040

New
For Sale
$825,000

Legal three-family home with tenant occupancy, private driveway parking, and a partially finished basement with laundry and half bath.

Days on Market3

Property Features for 24 Franklin Ave

General Information

Standard status
Active
Property subtype
Multi Family

Building Details

Year Built
1915
Listing Agency:
Listed By: SHERILL LACY
Source: Elliman
Added: Jul 24 Changed: Jul 25 Last Checked: Jul 25 at 2:50AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of SHERILL LACY


Investment Insights

Based on property information with market context.

This bright and well-maintained legal three-family property offers three independently occupied apartments, providing immediate rental income. The home includes a partially finished basement with a laundry area, half bath, two storage rooms, and a utility room.

Outside, the property features a private driveway with ample off-street parking and a three-car detached garage. The backyard is described as level. The location is in the Hilton section of Maplewood, with nearby access to public transportation, parks, shopping, and restaurants.

With all three units currently tenant occupied and the property presented as move-in ready, the layout and improvements support an uncomplicated rental ownership setup.

Key Highlights

  • Legal three‑family home built in 1915 with all three apartments currently tenant occupied
  • Private driveway plus ample off‑street parking, along with a three‑car detached garage
  • Level backyard for outdoor space

Property Analytics

Location Intelligence

Current Use by Public Records

Triplexes

Suggested Use

Law Firm (Bike/Boat/Book/etc) Store Nursing Home Nursing Home Veterinary Clinic (Bike/Boat/Book/etc) Store Home Appliance Store Acupuncture (Bike/Boat/Book/etc) Store Computer & Electronic Repair

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Triplex - Legal three-family home with tenant occupancy, private driveway parking, and a partially finished basement with laundry and half bath.
Where is this triplex located?
The property is located at 24 Franklin Ave Maplewood, NJ.
What is the asking price?
The asking price for this property is $825,000.
What are key features of this property?
This property features: Legal three‑family home built in 1915 with all three apartments currently tenant occupied; Private driveway plus ample off‑street parking, along with a three‑car detached garage; Level backyard for outdoor space
More about this property
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