Coming soon 07/11

$525,000

55 Schaefer Rd, Maplewood Twp., NJ 07040

3beds

--sqft

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Multi Family

Built in 1929

-- sqft lot

$728,600 Zestimate^®

$--/sqft

$-- HOA

What's special

Opportunity awaits in the heart of Maplewood! This two-family home offers incredible potential for investors, owner-occupants, or anyone looking to add value with a little TLC. The first-floor unit features 3 bedrooms and 1 full bath, while the second-floor unit offers 2 bedrooms and 1 full bath. A partially finished basement provides additional flexible space for storage, recreation, or future possibilities. Completing the property is a detached garage and a convenient location close to shopping, parks, schools, and transportation. Bring your vision and unlock the potential this Maplewood multifamily has to offer!

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Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 3
Bathrooms: 2
Full bathrooms: 2

Heating

2 Units, Radiators - Steam, Natural Gas

Cooling

Ceiling Fan(s), Wall Unit(s), Window Unit(s)

Appliances

Included: Dishwasher, Range/Oven - Gas, Refrigerator, Kitchen Exhaust Fan, Gas Water Heater

Features

Chandelier, Bedrooms, Dining Room, Eat-in Kitchen, Living Room, Master Bedroom, Eat-In Kitchen, Ceiling Fan(s)
Flooring: Carpet, Tile, Wood
Windows: Thermal Windows/Doors, Blinds
Basement: Yes,Partially Finished
Number of fireplaces: 1

Interior area

Total structure area: 0

Property

Parking

Total spaces: 6
Parking features: 1 Car Width, Additional Parking, Asphalt, Off Street, Detached Garage, Garage Door Opener
Garage spaces: 3
Uncovered spaces: 6

Features

Levels: Two
Stories: 2
Exterior features: Curbs, Sidewalk
Fencing: Metal Fence

Lot

Size: 5,662 Square Feet
Dimensions: 38 x 150
Features: Level

Details

Additional structures: Workshop
Parcel number: 1611000460004000320000
Zoning description: Residential

Construction

Type & style

Home type: MultiFamily
Property subtype: Multi Family

Materials

Vinyl Siding
Roof: Asphalt Shingle

Condition

Year built: 1929

Utilities & green energy

Gas: Gas-Natural
Sewer: Public Sewer, Sewer Charge Extra
Water: Public, Water Charge Extra
Utilities for property: Electricity Connected, Natural Gas Connected, Cable Available, Garbage Extra Charge

Community & HOA

Community

Security: Security System, Carbon Monoxide Detector, Fire Extinguisher, Smoke Detector

Location

Region: Maplewood

Financial & listing details

Tax assessed value: $623,100
Annual tax amount: $14,960
Date on market: 7/11/2026
Total actual rent: 0
Electric utility on property: Yes

Estimated market value

$728,600

$663,000 - $801,000

$3,309/mo

Price history

Date	Event	Price
7/25/2012	Sold	$200,000-20%
Source: GSMLS #2871877 Report a problem
7/24/2012	Listed for sale	$249,900
Source: Coldwell Banker Residential Brokerage - Mountain Lakes Office #2958253 Report a problem
6/13/2012	Listing removed	$249,900
Source: Coldwell Banker Residential Brokerage - Mountain Lakes Office #2871877 Report a problem
1/12/2012	Price change	$249,900-27.6%
Source: Coldwell Banker Residential Brokerage - Mountain Lakes Office #2871877 Report a problem
11/14/2011	Price change	$345,000+38.1%
Source: Coldwell Banker Residential Brokerage - Mountain Lakes Office #1128436 Report a problem
11/10/2011	Price change	$249,900-27.6%
Source: Coldwell Banker Residential Brokerage - Mountain Lakes Office #1128436 Report a problem
10/24/2011	Price change	$345,000+15%
Source: Coldwell Banker Residential Brokerage - Mountain Lakes Office #1128436 Report a problem
10/21/2011	Price change	$299,900-13.1%
Source: Coldwell Banker Residential Brokerage - Mountain Lakes Office #1128436 Report a problem
7/10/2011	Listed for sale	$345,000-12.7%
Source: Coldwell Banker Residential Brokerage - Mountain Lakes Office #1128436 Report a problem
4/25/2007	Sold	$395,000+139.4%
Source: Public Record Report a problem
9/17/1997	Sold	$165,000
Source: Public Record Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$14,961 +3.8%	$623,100
2024	$14,412 +41.9%	$623,100 +116.4%
2023	$10,155 +3.1%	$288,000
2022	$9,847 +2.9%	$288,000
2021	$9,567 +3%	$288,000
2020	$9,291 +7.8%	$288,000
2019	$8,621	$288,000
2018	$8,621 +1.2%	$288,000
2017	$8,520 +2.4%	$288,000 +24.6%
2016	$8,323 +2.2%	$231,200
2015	$8,147 +1.8%	$231,200
2014	$8,000 -16.2%	$231,200
2013	$9,545 +2.7%	$231,200 -22.8%
2012	$9,297 +10.4%	$299,600
2011	$8,423 +4.7%	$299,600 +73.5%
2010	$8,048 +7.2%	$172,700 +3.1%
2009	$7,506 +5.9%	$167,500
2008	$7,085 +6.9%	$167,500
2007	$6,631	$167,500 +0.5%
2006	--	$166,600
2005	--	$166,600
2004	$6,014	$166,600
2003	--	$166,600
2002	--	$166,600
2001	--	$166,600

Find assessor info on the county website

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HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.

Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.

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