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Inviting Two-Level Residential Property
For Sale
$850,000
Pending

266 Elmwood Ave, Maplewood, NJ 07040

Comfortable, versatile home with investment potential in a convenient location.

Property SizeContact for details
Days on Market209

Property Features for 266 Elmwood Ave

General Information

Standard status Pending
Property subtype Multi-Family

Taxes and HOA fees

Annual Taxes $17,162

Amenities

Finished,French Drain
Gas-Natural
9
4
2
1
5
Carbon Monoxide Detector,Dishwasher,Dryer,Microwave Oven,Range/Oven - Gas,Refrigerator,Smoke Detector,Stackable Washer/Dryer
3
Carbon Monoxide Detector,Dishwasher,Microwave Oven,Range/Oven - Gas,Refrigerator,Smoke Detector,Washer
Carbon Monoxide Detector,Fire Extinguisher,Smoke Detector,Tile Floors,Wood Floors
2.0
1.0
Bedrooms,Eat-In Kitchen,Living/Dining Room,Rec Room,See Remarks,Utility Room
Bedrooms,Kitchen,Living/Dining Room
No
Corner
Private
49X111
0.12
ConcBrd,Vinyl

Building Details

Year Built 1941
Listing Agency: eXp Realty, LLC
Listed By: Yvonne Schneider · License #289019
Source: Haven
Added: Apr 10 Changed: Nov 3 Last Checked: Nov 4 at 7:37AM

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 eXp Realty, LLC

Rey
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Investment Insights

Based on property information with market context.

This two-level residence offers a blend of comfort, functionality, and investment potential. The main level features two bedrooms, a full bathroom, and a bright living area. The dining space flows from the living room, creating a setting for shared meals, while the spacious kitchen provides room to cook and connect. The fully finished lower level offers a private bedroom, full bathroom, and dedicated storage room. This space can serve as a guest suite, rental unit, home office, or personal retreat, making it attractive for investors looking for added income potential. The property is suitable for first-time buyers, growing households needing flexible space, or investors seeking a property with rental appeal. The bike score is 50, making it bikeable. The walk score is 68, indicating it is somewhat walkable. The transit score is 55, indicating good transit options.

Key Highlights

  • Fully finished lower level with private bedroom and bathroom offers income potential or flexible living space.
  • Two‑level residence with two bedrooms and a full bathroom on the main level.
  • Bright and inviting living area and dining space perfect for relaxing and entertaining.

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Location Intelligence

Trade Area within ½ mile

1,233
Businesses Nearby

Demographics for 07040, NJ

25,684
Population
8,981
Households
2.9
Avg Household Size
39
Median Age
69%
College-Educated
96%
High-School Grad
3.9 sq mi
ZIP Area
6,586
Density / Sq Mi
$167,428
Median Household Income
$72,475
Median Earnings
$2,184
Median Rent
$684,600
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025

Frequently Asked Questions

What type of property is this?
Duplex - Comfortable, versatile home with investment potential in a convenient location.
Where is this duplex located?
The property is located at 266 Elmwood Ave Maplewood, NJ.
What is the asking price?
The asking price for this property is $850,000.
What are key features of this property?
This property features: Fully finished lower level with private bedroom and bathroom offers income potential or flexible living space.; Two‑level residence with two bedrooms and a full bathroom on the main level.; Bright and inviting living area and dining space perfect for relaxing and entertaining.
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