Welcome to this bright and well-maintained legal three-family property located in the desirable Hilton section of Maplewood, just a few blocks from the bus, jitney, parks, shopping, and restaurants. This attractive investment opportunity features a three-car detached garage, a private driveway with ample off-street parking, a level backyard, and a partially finished basement with a laundry area, half bath, two storage rooms, and a utility room. All three apartments are currently tenant occupied, providing immediate rental income. This well-maintained property presents a rare opportunity to own a turnkey investment in one of Essex County's most desirable communities.
Active
$825,000
24 Franklin Ave, Maplewood Twp., NJ 07040
4beds
--sqft
Multi Family
Built in 1915
-- sqft lot
$-- Zestimate®
$--/sqft
$-- HOA
What's special
Level backyardThree-car detached garage
- 35 days |
- 734 |
- 28 |
Zillow last checked:
Listing updated:
Listed by:
Sherill Lacy 973-715-6287,
Prominent Properties Sir
Source: GSMLS,MLS#: 4042452
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 3.1
- Full bathrooms: 3
- 1/2 bathrooms: 1
Heating
- 2 Units, Radiators - Steam, Natural Gas
Cooling
- Ceiling Fan(s), Window Unit(s)
Appliances
- Included: Exhaust Fan, Range/Oven - Gas, Refrigerator, Kitchen Exhaust Fan, Gas Water Heater
Features
- High Ceilings, Dining Room, Eat-in Kitchen, Living Room, Master Bedroom, Bedrooms, Kitchen, Ceiling Fan(s)
- Flooring: Carpet, Wood
- Basement: Yes,Partially Finished,French Drain
- Has fireplace: No
Interior area
- Total structure area: 0
Property
Parking
- Total spaces: 5
- Parking features: 2 Car Width, Additional Parking, Asphalt, Off Street, Detached Garage
- Garage spaces: 3
- Uncovered spaces: 5
Features
- Levels: 3-Three Story
- Stories: 3
- Patio & porch: Open Porch(es), Patio
- Exterior features: Sidewalk
Lot
- Size: 4,791 Square Feet
- Dimensions: 50 x 100
Details
- Parcel number: 1611000490015000720000
- Zoning description: Residential
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Vinyl Siding
- Roof: Asphalt Shingle
Condition
- Year built: 1915
Utilities & green energy
- Gas: Gas-Natural
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Electricity Connected, Natural Gas Connected, Fiber Optic Available
Community & HOA
Community
- Security: Carbon Monoxide Detector(s), Smoke Detector(s), Carbon Monoxide Detector, Smoke Detector
Location
- Region: Maplewood
Financial & listing details
- Tax assessed value: $662,300
- Annual tax amount: $15,901
- Date on market: 7/22/2026
- Exclusions: None
- Total actual rent: 5550
- Tenant pays: Electricity, Gas, Tenant Pays Electric, Tenant Pays Gas
- Electric utility on property: Yes
Estimated market value
Not available
Estimated sales range
Not available
$3,375/mo
Price history
| Date | Event | Price |
|---|---|---|
| 7/22/2026 | Listed for sale | $825,000+22.2% |
Source:  GSMLS #4042452 Report a problem | ||
| 6/30/2023 | Sold | $675,000-10% |
Source: GSMLS #3833137 Report a problem | ||
| 4/23/2023 | Pending sale | $750,000 |
Source: GSMLS #3833137 Report a problem | ||
| 3/15/2023 | Listed for sale | $750,000+76.5% |
Source: GSMLS #3833137 Report a problem | ||
| 6/7/2018 | Listing removed | $1,300 |
Source: Weichert Realtors Report a problem | ||
| 3/12/2018 | Price change | $1,300-3.7% |
Source: Weichert Realtors Report a problem | ||
| 1/23/2018 | Price change | $1,350-6.9% |
Source: Weichert Realtors Report a problem | ||
| 12/31/2017 | Listed for rent | $1,450-19.4% |
Source: Weichert Realtors Report a problem | ||
| 7/23/2016 | Listing removed | $1,800+53.2% |
Source: Weichert Realtors #3310622 Report a problem | ||
| 12/2/2014 | Listing removed | $1,175 |
Source: Weichert Realtors #3160266 Report a problem | ||
| 11/20/2014 | Price change | $1,175-9.6% |
Source: Weichert Realtors #3160266 Report a problem | ||
| 10/28/2014 | Price change | $1,300-7.1% |
Source: Weichert Realtors #3160266 Report a problem | ||
| 9/18/2014 | Price change | $1,400+16.7% |
Source: Weichert Realtors #3160266 Report a problem | ||
| 7/31/2014 | Listed for rent | $1,200+20% |
Source: Weichert Realtors #3160266 Report a problem | ||
| 6/26/2013 | Listing removed | $1,000 |
Source: Weichert Realtors #3031897 Report a problem | ||
| 5/8/2013 | Listed for rent | $1,000-32.2% |
Source: Weichert Realtors #3031897 Report a problem | ||
| 3/14/2013 | Listing removed | $1,475 |
Source: Weichert Realtors #2984779 Report a problem | ||
| 2/7/2013 | Price change | $1,475-7.8% |
Source: Weichert Realtors #2984779 Report a problem | ||
| 12/5/2012 | Listed for rent | $1,600 |
Source: Weichert Realtors #2984779 Report a problem | ||
| 10/1/2007 | Sold | $425,000 |
Source: Public Record Report a problem | ||
| 5/31/2007 | Sold | $425,000+17.4% |
Source: Public Record Report a problem | ||
| 9/22/2004 | Sold | $362,000+31.6% |
Source: Public Record Report a problem | ||
| 6/3/2002 | Sold | $275,000+61.8% |
Source: Public Record Report a problem | ||
| 11/8/1995 | Sold | $170,000 |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $15,902 +3.8% | $662,300 |
| 2024 | $15,319 +25.7% | $662,300 +91.7% |
| 2023 | $12,182 +1.6% | $345,500 |
| 2022 | $11,995 | $345,500 |
| 2021 | $11,995 +7.6% | $345,500 |
| 2020 | $11,146 +2.6% | $345,500 |
| 2019 | $10,859 | $345,500 |
| 2018 | $10,859 -9.5% | $345,500 |
| 2017 | $11,995 +2.4% | $345,500 +6.1% |
| 2016 | $11,718 +2.2% | $325,500 |
| 2015 | $11,471 +1.8% | $325,500 |
| 2014 | $11,262 +2.6% | $325,500 |
| 2013 | $10,973 +43.3% | $325,500 +90.5% |
| 2009 | $7,658 +5.9% | $170,900 |
| 2008 | $7,229 | $170,900 |
| 2003 | -- | $170,900 |
| 2002 | -- | $170,900 |
| 2001 | -- | $170,900 |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.Climate risks
Neighborhood: 07040
Nearby schools
GreatSchools rating
- 6/10Seth Boyden Elementary SchoolGrades: K-5Distance: 0.3 mi
- 6/10Maplewood Middle SchoolGrades: 6-8Distance: 1.1 mi
- 6/10Columbia Senior High SchoolGrades: 9-12Distance: 1.1 mi
Schools provided by the listing agent
- 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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A local agent can set up tours, give advice and negotiate with sellers.
A local lender can help you make sure your offer is ready when you are.
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