See other homes in:
Primary listing photo
Listing photo 2
Listing photo 3
Listing photo 4
Listing photo 5

616 Elm St, Maywood, NJ, 07607

4beds
2baths
--sqft
$785,000
--price/sqft
$5,760/moest. monthly cost
$230,400/yrincome needed

About This Home

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

Getting Around

72
WalkingVery Walkable
0
TransitVery Limited Transit
44
BikeSomewhat Bikeable

Schools

8/10
9/10

Construction

Type & Style

  • Home type: MultiFamily
  • Property subType: Multi Family

Interior

Appliances

  • Laundry features: In Basement

Bedrooms & Bathrooms

  • Bedrooms: 4
  • Bathrooms: 2
  • Full bathrooms: 2

Property

Details

  • Parcel number: 3400074000000010

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Heat Wave
    Heat WaveModerate
  • Strong Wind
    Strong WindModerate
  • Winter Weather
    Winter WeatherModerate
  • Tsunami
    TsunamiInsufficient Data

How This Home’s Risks Compare

Heat Wave
Strong Wind
Winter Weather
Tsunami

FEMA Declared Disasters Across New Jersey Counties

Fire
Severe Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $3,969$47,628
Home Insurance *$176$2,112
Property Taxes $1,422$17,064
Electricity $193$2,318
Total$5,760$69,120
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$197,485/yr
40% on housing$172,800/yr
45% on housing$153,600/yr

New Jersey FAIR Plan Programs

New Jersey Insurance Underwriting Association

Covered
WildfireWildfire
HailHail
WindWind
Visit Website →
Current Policies
Residential: 7,029Commercial: 173
Total Premiums$5.54M
Total Exposure$1.19B

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 8.7%
8.7%
0%30.0%
Electricity Growth Rate10-year average: 7.1%
7.1%
0%15.0%
Property Taxes Growth Rate2-year average: 1.0%
1.0%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

--This listing

vs Other Active Listings

Avg $/sqft

ZIP 07607$434
Bergen County$633

vs Homes Sold Last Month

Median $/sqft

ZIP 07607$427
Bergen County$452

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2026-07-31Listed for sale$785,000

For Sale by Agent

AgentAndrea Sterancsak
BrokerageTerrie O'Connor Realtors-Ridgewood

Similar Homes