Opportunity awaits! Bring your contractor, your ideas, and your vision to explore the possibilities this property has to offer. This tenant-occupied Maplewood property offers a unique opportunity for an investor, contractor, or buyer looking for a project. The home is in need of updating and repairs, making it an ideal handyman special, while offering immediate rental income and the opportunity to consider future improvements and long-term plans for the property. Conveniently located near shopping, dining, area amenities, major roadways, and access to the Maplewood NJ Transit train station, this property combines an established rental with future upside potential. Property is being sold strictly "AS IS. Buyer is responsible for all municipal inspections, certifications, and due diligence.
Active
$550,000
235 Franklin Ave, Maplewood Twp., NJ 07040
3beds
--sqft
Single Family Residence
Built in 1921
4,356 Square Feet Lot
$-- Zestimate®
$--/sqft
$-- HOA
What's special
- 17 days
- 800
- 25
Zillow last checked:
Listing updated:
Listed by:
Nancy Adams 848-702-0888,
Weichert Realtors
Source: GSMLS,MLS#: 4050950
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 1
- Full bathrooms: 1
Bedroom 1
- Level: Second
Bedroom 2
- Level: Second
Bedroom 3
- Level: Second
Dining room
- Features: Formal Dining Room
- Level: First
Kitchen
- Features: Eat-in Kitchen
- Level: First
Living room
- Level: First
Basement
- Features: Laundry Room, Utility Room
Heating
- 1 Unit
Cooling
- Wall Unit(s)
Appliances
- Included: Range/Oven-Gas, Refrigerator
- Laundry: In Basement
Features
- Flooring: Tile, Wood
- Basement: Yes,Unfinished
- Has fireplace: No
Property
Parking
- Total spaces: 1
- Parking features: 1 Car Width, Detached Garage
- Garage spaces: 1
Lot
- Size: 4,356 Square Feet
- Dimensions: 45 x 100
Details
- Parcel number: 1611000290009003290000
- Zoning description: Residential
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Colonial
- Property subtype: Single Family Residence
Materials
- Wood Shingle
- Roof: Asphalt Shingle
Condition
- Year built: 1921
Utilities & green energy
- Gas: Gas-Natural
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Electricity Connected, Natural Gas Connected, Cable Available
Community & HOA
Location
- Region: Maplewood
Financial & listing details
- Tax assessed value: $506,500
- Annual tax amount: $12,161
- Date on market: 9/8/2026
- Ownership type: Fee Simple
- Electric utility on property: Yes
Estimated market value
Not available
Estimated sales range
Not available
$3,765/mo
Price history
| Date | Event | Price |
|---|---|---|
| 9/8/2026 | Listed for sale | $550,000+284.6% |
Source:  GSMLS #4050950 Report a problem | ||
| 5/15/2015 | Listing removed | $1,800 |
Source: Coldwell Banker Residential Brokerage - Kinnelon Office #3211541 Report a problem | ||
| 5/2/2015 | Price change | $1,800+2.9% |
Source: Coldwell Banker Residential Brokerage - Kinnelon Office #3211541 Report a problem | ||
| 4/11/2015 | Listed for rent | $1,750 |
Source: Coldwell Banker Residential Brokerage - Kinnelon Office #3211541 Report a problem | ||
| 3/2/2015 | Sold | $143,000-4.6% |
Source: GSMLS #3177040 Report a problem | ||
| 1/3/2015 | Price change | $149,900-8% |
Source: Better Homes and Gardens Rand Realty #1438753 Report a problem | ||
| 12/2/2014 | Price change | $163,000-1.2% |
Source: Better Homes and Gardens Rand Realty #1438753 Report a problem | ||
| 10/11/2014 | Listed for sale | $165,000+19.8% |
Source: Better Homes and Gardens Rand Realty #1438753 Report a problem | ||
| 3/17/2014 | Listing removed | $137,750 |
Source: Better Homes and Gardens Rand Realty #1402722 Report a problem | ||
| 1/25/2014 | Listed for sale | $137,750 |
Source: Better Homes and Gardens Rand Realty #1402722 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $12,161 +3.8% | $506,500 |
| 2024 | $11,715 +20.8% | $506,500 +84.1% |
| 2023 | $9,700 +3.1% | $275,100 |
| 2022 | $9,406 +2.9% | $275,100 |
| 2021 | $9,139 +3% | $275,100 |
| 2020 | $8,875 +2.6% | $275,100 |
| 2019 | $8,646 | $275,100 |
| 2018 | $8,646 +46.6% | $275,100 |
| 2017 | $5,896 -24.7% | $275,100 +71.9% |
| 2016 | $7,830 +2.2% | $160,000 -26.4% |
| 2015 | $7,665 +1.8% | $217,500 |
| 2014 | $7,526 -1.3% | $217,500 |
| 2013 | $7,627 +2.7% | $217,500 -9.1% |
| 2012 | $7,429 +13.4% | $239,400 |
| 2011 | $6,550 +4.7% | $239,400 +78.3% |
| 2010 | $6,258 +4% | $134,300 |
| 2009 | $6,018 +5.9% | $134,300 |
| 2008 | $5,681 +6.3% | $134,300 |
| 2007 | $5,345 | $134,300 |
| 2006 | -- | $134,300 |
| 2005 | -- | $134,300 |
| 2004 | $4,848 | $134,300 |
| 2003 | -- | $134,300 |
| 2002 | -- | $134,300 |
| 2001 | -- | $134,300 |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
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Neighborhood: 07040
Nearby schools
Schools provided by the listing agent
- Elementary: Tuscan
- Middle: Maplewood
- High: Columbia
Source: GSMLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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