Essex
11 Forest Road
Listed by: Tamima Friedman, [email protected], Keller Williams Realty - NJ Metro Group, (973) 783-7400, Listing Courtesy of NJMLS
$999,000
●
House -
Off Market
11 Forest Road
Maplewood, NJ 07040
3 Beds
3 Baths,
1
Half Bath
$6,547
Est. Monthly
1.50%
Cap Rate
About This Property
Fabulous updated mid-century open-concept split-level! Around the
corner from Maplecrest Park, Maplewood Town Pool & Springfield Ave
shops/restaurants, this 3-BR, 2.5 bth home w attached 2-car garage
has HW fls, CAC & open living plan. Large living rm w picture
window, custom shiplap accented wall, recessed lights, guest closet
& ceiling fan. LR opens to formal DR, which opens to gourmet EIK w
marble counters, breakfast bar, cust cabs, SS appls & access to
backyard deck/patio. Ground level w big fam rm, which can also be
an office, a powder rm, laundry rm & door to backyard. Fin basement
w rec rm w recessed lights, tile fl, built-in wine bar, closets &
storage. 2nd fl w bath w tub/shower, linen & coat closets & 3
generous BRs. Primary BR w ensuite bath w shower, 2 closets w
built-ins & ceiling fan. 2nd BR has closet w built-ins & ceiling
fan. Backyard w lawn, patio, deck & herb garden. 0.2 mi from jitney
to NYC train & bus & near Maplewood Village. Make this wonderful
home yours!
Unit Size
-
Days on Market
-
Land Size
-
Price per sqft
-
Property Type
House
Property Taxes
$1,641
HOA Dues
-
Year Built
1959
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100% Occupancy
N/A (extreme outlier) What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Last updated: 3 years ago (NJMLS #24018939)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jul 26, 2024 | Sold | ||
| Sold | |||
| Jun 27, 2024 | In contract | - | |
| In contract | |||
| Jun 14, 2024 | Listed by Keller Williams Realty - NJ Metro Group | $799,000 | |
| Listed by Keller Williams Realty - NJ Metro Group | |||
| Oct 6, 2021 | No longer available | - | |
| No longer available | |||
| Feb 6, 2021 | In contract | - | |
| In contract | |||
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Property Highlights
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Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
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Type
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Baths
ft²
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About Essex
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Listed by: Tamima Friedman
Keller Williams Realty - NJ Metro Group
Last Updated: 3 years ago
Data Source: NJMLS , MLS# 24018939
The data relating to the real estate for sale on this web site comes in part from the Internet Data Exchange Program of the NJMLS. Real estate listings held by brokerage firms other than RHP Realty NJ, Inc. are marked with the Internet Data Exchange logo and information about them includes the name of the listing brokers. Some properties listed with the participating brokers do not appear on this website at the request of the seller. Listings of brokers that do not participate in Internet Data Exchange do not appear on this website.
Keller Williams Realty - NJ Metro Group
Last Updated: 3 years ago
Data Source: NJMLS , MLS# 24018939
All information deemed reliable but not guaranteed.© 2026 New Jersey Multiple Listing Service Inc. All rights reserved. The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed.
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