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Duplex with Finished Basement
For Sale
$850,000
Pending

266 Elmwood Ave, Maplewood, NJ 07040

Multi-Family, 2-Two Story, Maplewood Twp., NJ

Property SizeContact for details
Lot Size0.12 Acres
Days on Market188

Property Features for 266 Elmwood Ave

General Information

Property type Residential Multi Family
Property subtype Other
Bedrooms 5
Bathrooms 3
Full bathrooms 3
Rooms Bedroom 3, Bathroom 3, Bedroom 1, Basement, Bedroom 5, Bathroom 2, Bedroom 4, Bedroom 2, Bathroom 1
Parking 4
Interior features Carbon Monoxide Detector, Fire Extinguisher, Smoke Detector, Tile Floors, Wood Floors
Lot features Corner
Directions Springfield Ave to Boyden Ave to Elmwood Ave to Brookwood Dr
Standard status Pending
Lot size 0.12 Acres

Taxes and HOA fees

Tax Year 2025
Tax Annual Amount 17162

Utilities

Utilities Cable Available
Sewer type Public Sewer
Heating system Forced Air
Cooling system Central Air
Water source Private

Building Details

Year built 1941
Floors in Building 2
Number of units 2
Roof type Shingle
Architectural style Other
Listing Agency: EXP REALTY, LLC
Listed By: SHAWN MCENTEER · License #289019
Added: Apr 9 Changed: Sep 14 Last Checked: Oct 13 at 2:06AM
MLS# 4019515

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.

This duplex property includes a finished lower level with a private bedroom, full bathroom, and separate storage room. The main living area provides a kitchen, dining space, living room, and additional bedrooms and bathroom. Interior finishes include tile and wood flooring, while forced-air heating and central air conditioning serve the home. Safety features include smoke and carbon monoxide detectors and a fire extinguisher.

The property occupies a 0.12-acre lot at 266 Elmwood Ave in Maplewood Twp., Essex County, New Jersey. Built in 1941, it has a shingle roof, public sewer, private water, and cable availability. The combination of duplex classification, finished lower-level space, and residential systems supports a range of owner-occupant or rental-oriented configurations.

Key Highlights

  • Duplex classification on a 0.12‑acre lot
  • Finished lower level with bedroom, full bathroom, and dedicated storage room
  • Built in 1941 with a shingle roof

Property Analytics

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Current Use

Duplexes

Suggested Use

Top Pick Real Estate Agency Law Firm Parking Lot & Garage Skin Care Clinic Acupuncture Carpet & Flooring Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

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
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025
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Frequently Asked Questions

What type of property is this?
Duplex - Finished lower-level space expands the residential layout with a private bedroom, bathroom, and dedicated storage.
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: Duplex classification on a 0.12‑acre lot; Finished lower level with bedroom, full bathroom, and dedicated storage room; Built in 1941 with a shingle roof
More about this property
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