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Essex
32 Maplewood Ave
$1,600,000
● House - Off Market

32 Maplewood Ave

Maplewood Twp., NJ 07040
bedrooms
5 Beds
bathrooms
3.1 Baths
$7,238
Est. Monthly
Unit Size
-
Days on Market
-
Land Size
-
Price per sqft
-
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1923

Payment Calculator

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Cap Rate Calculator

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Cap Rate 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: 2 years ago (GSMLS #3924598)

Price History

Date / Event Date Event Price
Dec 16, 2024 Sold
Premium
Sold
Nov 1, 2024 In contract -
In contract
Oct 19, 2024 Price Increased $1,474,000
↑ $697K (89.7%)
Price Increased
Oct 12, 2024 Relisted $777,000
Relisted
Oct 10, 2024 In contract -
In contract
Show More

Property Highlights

Garage

Building Info

Overview

    General

  • Year Built: 1923
  • Effective Year Built: 1923
  • Bedroom Count: 0
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 0
  • Exterior Walls Type: 0
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Count: 200
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 7
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 8,250
  • Lot Size Depth Feet: 1,500
  • Lot Size Frontage Feet: 550
  • Total Building Area: 1,560
  • Building Area: 1,560
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 0
  • Heated Square Feet: 1,560
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000189
  • Standard Land Use Code: 1001
  • County Land Use Code: 2

Neighborhood

  • School District Name: South Orange-Maplewood School District
  • Census Tract: 019400

Geography

  • Assessors Map Reference: TAX MAP 13
  • Account Number: 03453
  • District: 11
  • Parcel: 11 00015- 07-00328
  • Block: 15.07
  • Lot: 328
  • Municipality: MAPLEWOOD TWP
  • Latitude: 40.7379
  • Longitude: -74.2701

    Address

  • Full Address: 32 Maplewood Ave
  • Address - House Number: 32
  • Address - Street Name: Maplewood
  • Address - Suffix Type: Ave
  • State: NJ
  • City Name: Maplewood
  • Carrier Code: C003
  • 4-Digit Zip Code: 1220
  • Zip Code: 07040

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $1,745,052

    Appraisal Valuation

  • Standard Deviation: 0.1063
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 89
  • Final Value: 630,034
  • High Value: 697,048
  • Low Value: 563,020

    Market Valuation

  • Market Total Value: $502,000
  • Market Land Value: $303,900
  • Market Improvement Value: $198,100

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $502,000
  • Assessed Land Value: $303,900
  • Assessed Improvements Value: $198,100

    Exemptions

  • Widow Exemption: Yes

    Sales

  • Current Sale Contract Date: Dec 05, 2023
  • Current Sale Recording Date: Jan 05, 2024
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 870
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Request mortgage information redaction

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Essex

Stats & Trends

Median Asking:

$649,999

Sale Price/ft²

$321

Below Asking

0.01%

Average Days on Market

70

Average Home Size

604 ft²

Average Home Age

7.4 years

Currently For Sale

1618 Listings
Based on RH Advisors, Inc. calculations of home data from MLS and/or public records.

Similar Homes for Sale

Currently no similar homes around

Nearby Rentals

Unit for rent at 1 Lenox Place, Maplewood Twp., 07040-2585

$4,400 /mo

  • 2 Beds
  • 2 Baths
  • 1,169 ft²
1 Lenox Place #A, Maplewood Twp., 07040-2585 Listing by JACQUELINE HUNTER
Unit for rent at 464 Academy St, South Orange Village Twp., 07079-1839

$4,950 /mo

  • 4 Beds
  • 2 Baths
464 Academy St, South Orange Village Twp., 07079-1839 Listing by VANESSA POLLOCK

Rentals Near You

Click here to view more rentals in the neighborhood.
GSMLS

Last Updated: 2 years ago
Data Source: GSMLS, MLS# 3924598
The data relating to real estate for sale on this website comes in part from the IDX Program of Garden State Multiple Listing Service, L.L.C. Real estate listings held by other brokerage firms are marked as IDX Listing. Information deemed reliable but not guaranteed. Copyright © 2026 Garden State Multiple Listing Service, L.L.C. All rights reserved. Notice: The dissemination of listings on this website does not constitute the consent required by N.J.A.C. 11:5.6.1 (n) for the advertisement of listings exclusively for sale by another broker. Any such consent must be obtained in writing from the listing broker. The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed.

Frequently Asked Questions

When was property at 32 Maplewood Avenue built and last sold?
The property at 32 Maplewood Avenue was built in 1923 and last sold on Dec 5, 2023 for $777,000.
How much is this home worth?
The estimated value of the home located at 32 Maplewood Avenue is $0.
What are some comparable homes to 32 Maplewood Avenue?
There are currently no comparable homes to 32 Maplewood Avenue.
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