50 Brookwood Dr, Maplewood Twp. NJ 07040-1939

Property City
Maplewood Twp.
Property Media
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Property Price
$849,000
Bedrooms
9
Year Built
1927
Tax Annual Amount
$18451
TaxYear (*text)
2025
Roof (*text)
Asphalt Shingle
Lot Size Area
0.09
MLS Status
Active
MLS #
4015373

Well-maintained and consistently improved, this two-family property offers a strong investment or owner-occupant opportunity on the border of South Orange just moments from Seton Hall University, South Orange Village, the Maplewood pool and NYC transit. Both units feature spacious, flexible layouts with multiple bedrooms, high ceilings, hardwood floors, and abundant natural light. Both units span two levels, offering an expansive layouts with 4 (lower) & 5 (upper) bedrooms and 2 full bathrooms each. Each unit includes a living room, dining area, and an eat-in kitchen equipped with refrigerator, dishwasher, stove, and microwave. Additional highlights include in-unit laundry, off-street parking, and layouts that support strong, consistent tenant demand. The property has been extensively maintained and upgraded over time, including kitchen and bath improvements, heating system upgrades, drainage and sump pump work, chimney and structural updates, and newer roof. Recent updates such as exterior doors, parking area improvements, and leaf guard gutters further enhance long-term durability. From an investment perspective, the property offers solid in-place income with upside potential, supported by its size, layout, and highly desirable location near campus, transportation, and major employers. A compelling opportunity in one of Essex County's most consistently sought-after rental markets. **2026-2027 rents listed at $3450 & $4200 yielding a 7% NOI increase.

Yearly Tax Rate
2.401
Year Built (*numeric)
1927
Basement
Yes
Roofing (*text)
Asphalt Shingle
Days On Market
1
Basement (*text)
Yes
Cooling (*text)
Window A/C(s)
Heating
Radiators - Steam
Lot Size Dimensions
40X102
Property Location

40.72928, -74.24783

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GSMLS
buynjhome Jagdeep

Jagdeep Singh

+1(848)242-6762