235 Elmwood Ave
Listing Notes
Exceptional Maplewood 3-family that has been modernized and updated across 4 levels. Ideal investment opportunity with great financial upside possible - live in one unit, rent the others. Units feature refinished hardwood and luxury vinyl flooring, freshly painted interiors with LED overhead lighting, full sized laundry rooms, renovated modern kitchens with quartz counters, soft-close full-height cabinetry and Samsung appliances and stylish renovated bathrooms. Building has been updated with new siding, new gutters and leaders, new windows, new garage doors, new garage roof, newly paved driveway and new landscape. System updates include new power vent water heaters (3), 3 new HVAC units (forced air/central AC) and new electric panels (3). Each unit has it's own utilities and laundry. Maplewood is a town of choice known for it's vibrant community, quick commute to NYC/Newark/Jersey City, incredible dining options (Artie's, Corner Slice, True Salvage, La Perla, etc.) and outdoor recreation options (community pool, public tennis courts, numerous parks/playgrounds, South Mountain Reservation). You will not want to miss this opportunity!
Comps
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Mortgage Calculator
Excludes property tax, property insurance, and hoa / fees — not in this listing, so the true monthly cost is higher.
- Due at close
- $382,025
- Loan amount
- $971,250
- Loan to value
- 75%
- Principal & interestLoan scenario$6,494
- Property taxNot in listing dataNot provided
- Property insuranceNot in listing dataNot provided
- HOA / feesNot in listing dataNot provided
- Mortgage insuranceLoan scenario$0
Multifamily defaults use a larger down payment. Taxes, insurance, rent, reserves, and DSCR are not invented.
Only the listing price is sourced for this property. Missing tax, insurance, and HOA/maintenance costs are not guessed.
Where it is
For sale Coming soon Recently sold— zoom out for more