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Under contract
  • $739,900

    550 Forest Rd, Scotch Plains Twp., NJ 07076

    4beds
    1,792sqft
    : 
    Multi Family
    Built in 1910
    -- sqft lot
    $751,300 Zestimate®
    $413/sqft
    $-- HOA

    What's special

    Turnkey two-family in sought-after Scotch Plains location, flexibility, and income potential all in one! Close to downtown, top-rated schools, shopping, and NYC transportation. Each unit offers 2 bedrooms with updated kitchens and bath. The first floor features hardwood floors, laundry, and garage access. The second floor includes access to a finished attic for bonus living space. Partially finished basement with split-system heat & A/C adds even more versatility. Spacious backyard for entertaining or relaxing. No flood insurance required. Ideal situation for those looking to offset expenses with the potential to easily convert back to a single-family home. Township-wide revaluation underway; taxes and assessments subject to change.
    82 days
    |
    157
    |
    1
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    Maria Ackerman 908-507-1916,

    Coldwell Banker Realty

    Source: GSMLS,MLS#: 4007294MLS Logo

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 4
      • Bathrooms: 2
      • Full bathrooms: 2
      Heating
      • Baseboard - Hotwater, Natural Gas
      Cooling
      • Wall Unit(s), Window Unit(s)
      Appliances
      • Included: Dishwasher, Microwave, Range/Oven - Gas, Refrigerator
      Features
      • Bedrooms, Eat-in Kitchen, Living Room, Attic, Eat-In Kitchen, Family Room
      • Flooring: Carpet, Tile, Wood
      • Basement: Yes,Partially Finished,Walk-Out Access
      • Has fireplace: No
      Interior area
      • Total structure area: 1,792
      • Total interior livable area: 1,792 sqft

      Property

      Parking
      • Total spaces: 6
      • Parking features: 2 Car Width, Asphalt, Detached Garage
      • Garage spaces: 2
      • Uncovered spaces: 6
      Features
      • Levels: One
      • Stories: 1
      Lot
      • Size: 7,840.8 Square Feet
      • Dimensions: 75 x 103
      Details
      • Parcel number: 2916014010000000370000

      Construction

      Type & style
      • Home type: MultiFamily
      • Property subtype: Multi Family
      Materials
      • Stucco
      • Roof: Asphalt Shingle
      Condition
      • Year built: 1910

      Utilities & green energy

      • Gas: Gas-Natural
      • Sewer: Public Sewer
      • Water: Public
      • Utilities for property: Electricity Connected, Natural Gas Connected

      Community & HOA

      Community
      • Security: Carbon Monoxide Detector(s), Smoke Detector(s), Carbon Monoxide Detector, Smoke Detector, Fire Extinguisher
      Location
      • Region: Scotch Plains

      Financial & listing details

      • Price per square foot: $413/sqft
      • Tax assessed value: $104,600
      • Annual tax amount: $12,309
      • Date on market: 2/1/2026
      • Total actual rent: 4450
      • Tenant pays: Electricity, Gas, Tenant Pays Electric, Tenant Pays Gas
      • Electric utility on property: Yes

        Estimated market value

        $751,300

        $714,000 - $789,000

        $3,135/mo

        Price history

        DateEventPrice
        3/20/2026Pending sale$739,900$413/sqft
        Source: GSMLS #4007294 Report a problem
        2/1/2026Listed for sale$739,900+32.1%$413/sqft
        Source: GSMLS #4007294 Report a problem
        5/20/2024Listing removed--
        Source: GSMLS #3894274 Report a problem
        4/4/2024Listed for rent$2,250$1/sqft
        Source: GSMLS #3894274 Report a problem
        5/3/2022Sold$560,000+2%$313/sqft
        Source: GSMLS #3758044 Report a problem
        1/6/2022Listed for sale$549,000+18.1%$306/sqft
        Source: GSMLS #3758044 Report a problem
        12/10/2021Sold$465,000+6.9%$259/sqft
        Source: GSMLS #3744003 Report a problem
        10/1/2021Listed for sale$435,000+44.5%$243/sqft
        Source: GSMLS #3744003 Report a problem
        11/19/2002Sold$301,000$168/sqft
        Source: Public Record Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$12,309 $104,600
        2024$12,309 +3%$104,600
        2023$11,946 +26.2%$104,600 +24.7%
        2022$9,468 +0.2%$83,900
        2021$9,452 +1.2%$83,900
        2020$9,337 +1.7%$83,900
        2019$9,180 $83,900
        2018$9,180 +4.3%$83,900
        2017$8,804 +1.7%$83,900
        2016$8,659 +3.4%$83,900
        2015$8,374 +3.4%$83,900
        2014$8,101 +4.9%$83,900
        2012$7,724 +2.3%$83,900
        2011$7,548 +4.2%$83,900
        2010$7,242 +1.9%$83,900
        2009$7,110 $83,900
        2008-- $83,900
        2007$6,822 $83,900
        2006-- $83,900
        2005-- $83,900
        2004-- $83,900
        2003-- $83,900
        2002-- $83,900
        2001-- $83,900

        Find assessor info on the county website

        Monthly payment

        Est. payment
        $4,853/mo
        Principal & interest
        $3589
        Property taxes
        $1264
        More affordability tools

          Climate risks

          Neighborhood: 07076

          Getting around

          87 / 100
          Very Walkable
          52 / 100
          Bikeable

          Nearby schools

          GreatSchools rating
          Schools provided by the listing agent
          • Elementary: 1 E.s.
          • Middle: Nettingham
          • High: Sp Fanwood

          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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