50 Brookwood Dr

Maplewood Twp, NJ 07040


 

Price: $849,000

GSMLS:  4015373
Type: Multi-Family
Style: 2-Two Story, Under/Over
Total Units: 2
Beds: 9
Baths: 4 Full
Garage: No
Year Built: 1927
Acres: 0.09
Property Tax: $18,451
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. The lower unit spans two levels, offering an expansive layout with 5 bedrooms and 2 full bathrooms. 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 multiple roof improvements. 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.
General Info
Style:
2-Two Story, Under/Over
SqFt Building:
n/a
Total Rooms:
16
Basement:
Yes - Finished, Full, Walkout
Interior:
Carbon Monoxide Detector, Fire Extinguisher, High Ceilings, Smoke Detector, Stain Glass Windows, Wood Floors
Roof:
Asphalt Shingle
Exterior:
Aluminum Siding
Lot Size:
40X102
Lot Desc:
n/a
Parking
Garage Capacity:
No
Description:
n/a
Parking:
Blacktop, Common, Off-Street Parking
Spaces Available:
8
Unit 1
Bedrooms:
5
Bathrooms:
2
Total Rooms:
9
Room Description:
Bedrooms, Dining Room, Eat-In Kitchen, Laundry Room, Living Room, Utility Room
Levels:
2
Square Foot:
n/a
Fireplaces:
n/a
Appliances:
CarbMDet,CeilFan,CookGas,Dishwshr,Dryer,Microwav,RgOvGas,Washer
Utilities:
Tenant Pays Electric, Tenant Pays Gas, Tenant Pays Heat, Tenant Pays Water
Handicap:
No
Unit 2
Bedrooms:
4
Bathrooms:
2
Total Rooms:
8
Room Description:
Bedrooms, Dining Room, Eat-In Kitchen, Laundry Room, Living Room, Utility Room
Levels:
2
Square Foot:
n/a
Fireplaces:
n/a
Appliances:
CarbMDet,CeilFan,CookGas,Dishwshr,Dryer,Microwav,RgOvGas,Washer
Utilities:
Tenant Pays Electric, Tenant Pays Gas, Tenant Pays Heat, Tenant Pays Water
Handicap:
No
Unit 3
Bedrooms:
n/a
Bathrooms:
n/a
Total Rooms:
n/a
Room Description:
n/a
Levels:
n/a
Square Foot:
n/a
Fireplaces:
n/a
Appliances:
n/a
Utilities:
n/a
Handicap:
n/a
Unit 4
Bedrooms:
n/a
Bathrooms:
n/a
Total Rooms:
n/a
Room Description:
n/a
Levels:
n/a
Square Foot:
n/a
Fireplaces:
n/a
Appliances:
n/a
Utilities:
n/a
Handicap:
n/a
Utilities
Heating:
Radiators - Steam
Heating Fuel:
Gas-Natural
Cooling:
Window A/C(s)
Water Heater:
n/a
Water:
Public Water
Sewer:
Public Sewer
Utilities:
Electric, Gas-Natural
Services:
Cable TV Available, Fiber Optic Available, Garbage Extra Charge
School Information
Elementary:
n/a
Middle:
n/a
High School:
COLUMBIA
Community Information
County:
Essex
Town:
Maplewood Twp.
Neighborhood:
n/a
Financial Considerations
List Price:
$849,000
Tax Amount:
$18,451
Land Assessment:
$206,600
Build. Assessment:
$561,900
Total Assessment:
$768,500
Tax Rate:
2.40
Tax Year:
2025
Listing Information
MLS ID:
4015373
List Date:
03-18-2026
Days On Market:
0
Listing Broker:
COLDWELL BANKER REALTY
Listing Agent:
Katherine Elliott
 

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Shawn and Diane Fox
RE/MAX American Dream
3108 Route 10 West
Denville, NJ 07834
Call: (973) 277-7853
Web: MorrisCountyLiving.com


RE/MAX

Town & Valley II

211 Route 10 East
Succasunna, NJ 07876
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Shawn and Diane Fox