2-4 Family Home For Sale in Maywood, NJ
MLS# : 26028897
PROPERTY DETAILS
PROPERTY DESCRIPTION
Discover the incredible potential of 616 Elm St, Maywood, NJ. Currently configured as a large single-family residence, this property is legally zoned as a 2-family home, offering a blank canvas for savvy investors or ambitious buyers looking to build immediate sweat equity. Value-Add Potential: Excellent opportunity to renovate and maximize equity. Flexible Layout: Easily transition the layout back to a cash-flowing 2-family. Expansion Possibility: Structural layout allows for a large 2-bedroom ground-floor apartment. Turnkey Upgrades: Second-floor unit already features an updated bathroom. House has a newer roof (10yrs) and a newer hot water heater (6 mos). Full basement w/bilko doors. Bonus Square Footage: Massive walk-up attic offers incredible storage or future living space. Commuter's Dream: Easy, fast access to NYC buses and local train stations. Major Highways: Minutes from Route 17, Route 4, and I-80 for effortless travel. Local Lifestyle: Close to Maywood’s popular downtown shopping, dining, and parks. Ample Parking: Deep private driveway accommodates multiple vehicles. BEING SOLD STRICTLY AS-IS buyer responsible for CO and any permits required Call Andrea for easy showings: 201-248-5940
Amenities
This listing is a courtesy of Terrie O'Connor Realtors-Ridgewood
201-445-4554 office, listing agent Andrea Sterancsak
About Maywood, NJ Real Estate Market
The borough of Maywood is spread over 1.29 square miles and got the title of a borough after taking in the portions of Midland Township based on the results of a referendum held in 1894. The borough of Maywood is one of those 26 boroughs, which were formed during the Boroughitis phenomenon in 1894.
Maywood is a small town that has small-sized homes owned by distant working professionals and retired people in abundance, who prefer small homes for sale in New Jersey. The borough has few parks and recreational places, one of which is Maywood’s Memorial Park across the street from Memorial School on Grant Avenue. This park is home to multiple baseball fields, football grounds, a basketball court, a fenced area for the dog park, bike paths and jungle gyms. It also has several churches, such as First Presbyterian Church, Our Lady Queen of Peace Roman Catholic Church, Zion Lutheran Church, Lutheran Church of the Redeemer and St. Martin’s Episcopal Church.
| Population: | 10,042 |
| Total Housing Units: | 3,908 |
| Single Family Homes: | 2,705 |
| Apartments: | 1,203 |
| General Tax Rate (2025): | 2.156% |
| Effective Tax Rate (2025): | 2.100% |
| Compare To Other Towns |
Maywood Market Indicators
PRICE INDEX
| Average Price* (12mo): | $681,701 |
| Homes Sold* (12mo): | 50 |
SINGLE FAMILY HOME SALES
Maywood, NJ
REAL ESTATE TAXES
| General Tax Rate (2025): | 2.156% |
| Effective Tax Rate (2025): | 2.100% |
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MADISON ADAMSTM
Ridgewood, NJ 07450
201-760-1100 (office)
201-760-1102 (fax)
