$1,200,000
OPEN FRI 11AM - 12PM

14 Nelson Place Maplewood, NJ 07040

Estimated payment $8,066/month

Total Views 341
12 Beds
4.5 Baths
-- Sq Ft
-- Price per Sq Ft

Highlights

  • 4 Car Detached Garage
  • Cul-De-Sac
  • Electric Baseboard Heater
  • Columbia Senior High School Rated A-

About This Home

Rare 4-family home located on a quiet dead-end street in one of Maplewood's most up-and-coming neighborhoods. This centrally located property offers easy access to town & train, making it ideal for NYC commuters. The building features 4 fully refurbished units with upgraded electrical systems, a 4-year-old roof, and a baseboard heating system that's less than 2 years old. Each unit has separate utilities for added convenience. The building is fully stabilized and comes with great tenants who consistently pay on time. Currently generating $126,600 annually, this turnkey operation has additional income potential from 2 unused garage spaces and basement storage. Don't miss the opportunity to invest in this prime location with strong cash flow and room for growth!

Listing Agent

Joshua Levitt

KELLER WILLIAMS REALTY Brokerage Phone: 917-334-3793

KELLER WILLIAMS REALTY

Open House Schedule

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $16,193

Year Built

  • Built in 1928

Lot Details

  • 7,841 Sq Ft Lot
  • Cul-De-Sac

Parking

  • 4 Car Detached Garage
  • Parking Lot

Home Design

  • Flat Roof Shape
  • Brick Exterior Construction
  • Rubber Roof
  • Aluminum Siding

Bedrooms and Bathrooms

  • 12 Bedrooms

Partially Finished Basement

  • Walk-Out Basement

Utilities

  • Multiple Heating Units
  • Electric Baseboard Heater
  • Standard Electricity
  • Gas Water Heater

Community Details

  • Net Operating Income $101,840

Listing and Financial Details

  • Assessor Parcel Number 1611-00045-0003-00464-0000-
  • Tax Block *

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$16,193

Year Built

Built in 1928

Lot Details

0

Parking

4

Listing Details

  • Unit Style: 2-Two Story
  • Year Built: 1928
  • Year Built Description: Approximate
  • County Name: Essex
  • Street Number Display: 14
  • Directions: Boyden to Nelson
  • I D: 5360560
  • Modified: 2025-05-28
  • Number Images: 23
  • Attribution Contact: 917-334-3793
  • MLS Status: Active
  • Special Features: OpenHouse
  • Property Sub Type: MultiFamily

Interior Features

  • Total Number Rooms: 20
  • Bedrooms: 12
  • Total Full Bathrooms: 4
  • Total Number of Half Bathrooms: 1
  • Basement: Yes
  • Basement Description: Finished-Partially, Walkout

Exterior Features

  • Exterior Description: Aluminum Siding, Brick
  • Roof Description: Flat, Rubberized

Garage/Parking

  • Garage Description: Detached Garage
  • Number Garage Spaces: 4
  • Number Parking Spaces: 8
  • Parking Driveway Description: Parking Lot-Exclusive

Utilities

  • Fuel Type: Electric, Gas-Natural
  • Heating: 4+ Units, Baseboard - Electric
  • Sewer: Public Sewer
  • Utilities: Electric, Gas-Natural
  • Water: Public Water
  • Water Heater: Gas

Lot Info

  • Lot Size: 56X139+REAR
  • Assessed Improvement Value: 456200
  • Assessed Land Value: 243900
  • Assessment: 700100
  • Easement: Unknown
  • Lot Description: Cul-De-Sac
  • Lot Identifier: 464
  • Lot I D Tax: *
  • Lot Size Tax: *
  • Total Acres: 0.18

Tax Info

  • Tax Acres: *
  • Assessed Improvement Value: *
  • Assessed Land Value: *
  • Total Tax Assessed: *
  • Streetname Tax: *
  • Street Number Tax: *
  • Tax Amount: 16193
  • Tax Amount Tax: *
  • Assessor Parcel Number: 1611-00045-0003-00464-0000-
  • Tax Rate Amount: 2.313
  • Tax Rate Tax: *
  • Tax Rate Year: 2024
  • Tax Year Tax: *
  • Tax Year: 2024

Multi Family

  • Total Number Units: 4

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $13,274 $700,100 $243,900 $456,200
2022 $12,944 $367,100 $131,000 $236,100
2021 $12,551 $367,100 $131,000 $236,100
2020 $12,195 $367,100 $131,000 $236,100
2019 $11,843 $367,100 $131,000 $236,100
2018 $11,538 $367,100 $131,000 $236,100
2017 $11,193 $367,100 $131,000 $236,100
2016 $14,379 $390,200 $112,500 $277,700
2015 $14,047 $390,200 $112,500 $277,700
2014 $13,751 $390,200 $112,500 $277,700
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/27/2025 05/27/25 For Sale $1,200,000 +44.2% --
07/08/2022 07/08/22 Sold $832,000 +4.0% $227 / Sq Ft
07/07/2022 07/07/22 Pending -- -- --
07/06/2022 07/06/22 For Sale $800,000 -- $218 / Sq Ft
Source: Garden State MLS

Purchase History

Date Type Sale Price Title Company
Deed $832,000 Chicago Title
Bargain Sale Deed -- New Title Company Name
Interfamily Deed Transfer -- None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $624,000 New Conventional
Source: Public Records

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Source: Garden State MLS

MLS Number: 3965371

Garden State MLS

APN: 11-00045-03-00464

New Jersey Essex County Maplewood 07040

14 Nelson Place, Maplewood, NJ

Homes for Sale in Maplewood, NJ

This home is located at 14 Nelson Place, Maplewood, NJ 07040 and is currently priced at $1,200,000. This property was built in 1928. 14 Nelson Place is a home located in Essex County with nearby schools including Seth Boyden Elementary School, Maplewood Middle School, and Columbia Senior High School.

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Joshua Levitt
Listing Agent
Joshua Levitt
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KELLER WILLIAMS REALTY
(862) 640-2632