24 Franklin Ave
Maplewood Twp, NJ 07040
Price: $825,000
GSMLS: 4042452Type: Multi-Family
Style: 3-Three Story
Total Units: 3
Beds: 5
Baths: 3 Full & 1 Half
Garage: 3-Car
Year Built: 1915
Acres: 0.11
Property Tax: $15,901
Description
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.
General Info
Style:
3-Three Story
SqFt Building:
n/a
Total Rooms:
12
Basement:
Yes - Finished-Partially, French Drain
Interior:
Carbon Monoxide Detector, Carpeting, High Ceilings, Smoke Detector, Wood Floors
Roof:
Asphalt Shingle
Exterior:
Vinyl Siding
Lot Size:
50X100
Lot Desc:
n/a
Parking
Garage Capacity:
3-Car
Description:
Detached Garage
Parking:
2 Car Width, Additional Parking, Blacktop, Off-Street Parking
Spaces Available:
5
Unit 1
Bedrooms:
2
Bathrooms:
1
Total Rooms:
4
Room Description:
Bedrooms, Eat-In Kitchen, Living Room, Master Bedroom
Levels:
1
Square Foot:
n/a
Fireplaces:
n/a
Appliances:
Carbon Monoxide Detector, Ceiling Fan(s), Kitchen Exhaust Fan, Range/Oven - Gas, Refrigerator, Smoke Detector
Utilities:
Owner Pays Water, Tenant Pays Electric, Tenant Pays Gas
Handicap:
No
Unit 2
Bedrooms:
2
Bathrooms:
1
Total Rooms:
5
Room Description:
Bedrooms, Dining Room, Kitchen, Living Room, Master Bedroom
Levels:
1
Square Foot:
n/a
Fireplaces:
n/a
Appliances:
Carbon Monoxide Detector, Kitchen Exhaust Fan, Range/Oven - Gas, Refrigerator, Smoke Detector
Utilities:
Owner Pays Water, Tenant Pays Electric, Tenant Pays Gas
Handicap:
No
Unit 3
Bedrooms:
1
Bathrooms:
1
Total Rooms:
3
Room Description:
Kitchen, Living Room, Master Bedroom
Levels:
1
Square Foot:
n/a
Fireplaces:
n/a
Appliances:
Carbon Monoxide Detector, Kitchen Exhaust Fan, Range/Oven - Gas, Refrigerator, Smoke Detector
Utilities:
Owner Pays Water, Tenant Pays Electric, Tenant Pays Gas
Handicap:
No
Unit 4
Bedrooms:
n/a
Bathrooms:
n/a
Total Rooms:
n/a
Room Description:
n/a
Levels:
n/a
Square Foot:
n/a
Fireplaces:
n/a
Appliances:
n/a
Utilities:
n/a
Handicap:
n/a
Utilities
Heating:
2 Units, Radiators - Steam
Heating Fuel:
Gas-Natural
Cooling:
Ceiling Fan, Window A/C(s)
Water Heater:
Gas
Water:
Public Water
Sewer:
Public Sewer
Utilities:
Electric, Gas-Natural
Services:
Fiber Optic Available
School Information
Elementary:
n/a
Middle:
MAPLEWOOD
High School:
COLUMBIA
Community Information
County:
Essex
Town:
Maplewood Twp.
Neighborhood:
n/a
Financial Considerations
List Price:
$825,000
Tax Amount:
$15,901
Land Assessment:
$242,500
Build. Assessment:
$419,800
Total Assessment:
$662,300
Tax Rate:
2.40
Tax Year:
2025
Listing Information
MLS ID:
4042452
List Date:
07-22-2026
Days On Market:
1
Listing Broker:
PROMINENT PROPERTIES SIR
Listing Agent:
Sherill Lacy
Request More Information
Shawn and Diane Fox
RE/MAX American Dream
3108 Route 10 West
Denville, NJ 07834
Call: (973) 277-7853
Web: FoxHomeHunter.com
