50 Brookwood Dr, Maplewood Twp., NJ 07040
50 Brookwood Dr, Maplewood Twp., NJ 07040
50 Brookwood Dr, Maplewood Twp., NJ 07040
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$849,000
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9 Beds
4 Baths
4,748 SqFt
Under Contract

50 Brookwood Dr Maplewood Twp., NJ 07040

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Key Details

Property Type Multi-Family, Commercial

Listing Status Under Contract

Purchase Type For Sale

Square Footage 4,748 sqft

Price per Sqft $178

MLS Listing ID 4015373

Style 2-Two Story, Under/Over

Bedrooms 9

Full Baths 4

Year Built 1927

Annual Tax Amount $18,451

Tax Year 2025

Lot Size 3,920 Sqft

Property Description

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.

Location

State NJ

County Essex

Rooms

Basement Finished, Full, Walkout

Interior

Interior Features Carbon Monoxide Detector, Fire Extinguisher, High Ceilings, Smoke Detector, Stain Glass Windows, Wood Floors

Heating Gas-Natural

Cooling Window A/C(s)

Heat Source Gas-Natural

Exterior

Exterior Feature Aluminum Siding

Utilities Available Electric, Gas-Natural

Roof Type Asphalt Shingle

Building

Sewer Public Sewer

Water Public Water

Architectural Style 2-Two Story, Under/Over

Schools

High Schools Columbia

Others

Senior Community No


Garden State MLS(GSMLS)
Listed by COLDWELL BANKER REALTY

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Christopher Burns

Christopher Burns

Agent | License ID: 1863802

+1(973) 534-4734

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50 Brookwood Dr