Two-Family Residential Income
For Sale
$525,000
55 Schaefer Rd, Maplewood, NJ 07040
Two separate units provide 3 and 2 bedrooms, plus shared additional basement space and a detached garage.
Property SizeContact for details
Days on Market50
Property Features for 55 Schaefer Rd
General Information
Standard status
Active
Property subtype
Multi Family
Additional Details
Multifamily Units
2
Taxes and HOA fees
Annual Taxes
$14,960
Building Details
Year Built
1929
Units
2
Listing Agency:
SERHANT New Jersey LLC
(973) 921-1111
Listed By:
YESENIA ALCIVAR · License #393106
Source:
Elliman
Added: Jul 9
Changed: Aug 25
Last Checked: Aug 26 at 11:41AM
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 SERHANT New Jersey LLC
Investment Insights
Based on property information with market context.
This two-family residential income property includes two separate units and a partially finished basement. The first-floor unit offers 3 bedrooms and 1 full bath, while the second-floor unit offers 2 bedrooms and 1 full bath. The partially finished basement provides additional flexible space that can be used for storage, recreation, or other future improvements, as desired.
The property also includes a detached garage and is located close to shopping, parks, schools, and transportation. For walkability, the provided walk score is 73 (Very Walkable), with a bike score of 48 (Somewhat Bikeable).
The property also includes a detached garage and is located close to shopping, parks, schools, and transportation. For walkability, the provided walk score is 73 (Very Walkable), with a bike score of 48 (Somewhat Bikeable).
Key Highlights
- Two‑family home built in 1929 in Maplewood
- First‑floor unit: 3 bedrooms and 1 full bath
- Second‑floor unit: 2 bedrooms and 1 full bath
Property Analytics
Property Profile
Current Use
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
1,113
Businesses Nearby
Explore this area
Business Placement
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
Market
Vacancy Rate% for Multifamily in Northeast region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Duplex - Two separate units provide 3 and 2 bedrooms, plus shared additional basement space and a detached garage.
Where is this duplex located?
The property is located at 55 Schaefer Rd Maplewood, NJ.
What is the asking price?
The asking price for this property is $525,000.
What are key features of this property?
This property features: Two‑family home built in 1929 in Maplewood; First‑floor unit: 3 bedrooms and 1 full bath; Second‑floor unit: 2 bedrooms and 1 full bath
