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400 Maple Ave, Elizabeth, NJ, 07202

8beds
4baths
29,997sqft
$749,900
$25price/sqft
$8,272/moest. monthly cost
$330,880/yrincome needed

About This Home

Excellent investment opportunity! Well-maintained all-brick 3-unit colonial-style property situated on a desirable corner lot with separate utilities for each unit, making it ideal for owner-occupants or investors. Features a fully finished basement offering additional versatile living or recreation space, plus a 2-car parking area. This income-producing property offers outstanding rental potential and is conveniently located near schools, shopping, restaurants, parks, and public transportation, with easy access to major highways. A rare opportunity to own a solid multi-family property in a prime central location with strong income potential. Don't miss this exceptional investment!

Getting Around

80
WalkingVery Walkable
44
TransitSome Transit
56
BikeBikeable

Schools

Construction

Condition

  • Year built: 1910

Materials

  • Roof: Asphalt Shingle
  • Construction materials: Brick

Notable Dates

  • Major remodel year: 2022

Type & Style

  • Home type: MultiFamily
  • Property subType: Multi Family

Interior

Appliances

  • Appliances included: Range/Oven - Gas,Gas Water Heater

Basement

  • Has basement: Yes
  • Basement: Yes,Finished,Full,Walk-Out Access

Bedrooms & Bathrooms

  • Bedrooms: 8
  • Bathrooms: 4
  • Full bathrooms: 4

Features

  • Bedrooms,Eat-in Kitchen,Living Room,Eat-In Kitchen
  • Flooring: Wood

Heating & Cooling

  • Heating features: 3 Units,Natural Gas
  • Cooling features: Window Unit(s)

Interior Area

  • Total structure area: 29,997
  • Total interior livable area: 29,997 sqft

Property

Details

  • Parcel number: 2904004800000000230001
  • Zoning description: Residential
  • Exclusions: Tenants personal belongings

Features

  • Levels: 3-Three Story
  • Stories: 3
  • Patio & porch: Patio
  • Exterior features: Curbs,Sidewalk
  • Fencing: Metal Fence

Lot

  • Lot size: 3,484 sqft
  • Features: Corner Lot,Level
  • Lot size dimensions: 34 x 100

Parking

  • Total spaces: 2
  • Parking features: 2 Car Width,Concrete Strip
  • Uncovered spaces: 2

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

  • Coastal Flooding
    Coastal FloodingRelatively High
  • Lightning
    LightningModerate
  • Strong Wind
    Strong WindModerate
  • Winter Weather
    Winter WeatherModerate

How This Home’s Risks Compare

Coastal Flooding
Lightning
Strong Wind
Winter Weather

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 $3,791$45,492
Home Insurance *$259$3,108
Property Taxes $916$10,992
Electricity $3,306$39,680
Total$8,272$99,264
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$283,611/yr
40% on housing$248,160/yr
45% on housing$220,586/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: 8.2%
8.2%
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

$25This listing

vs Other Active Listings

Avg $/sqft

ZIP 07202$267
Union County$380

vs Homes Sold Last Month

Median $/sqft

ZIP 07202$355
Union County$416

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
2026-08-06Listed for sale$749,900
2016-10-20Sold$230,000
2016-08-11Pending sale$279,000
2016-07-13Price change$279,000
2016-04-01Price change$259,000
2016-01-28Price change$279,000
2016-01-09Price change$280,000
2015-07-11Listed for sale$320,000
2015-07-06Sold$167,000
2002-10-22Sold$252,000

For Sale by Agent

AgentMaria Schmidt
BrokerageBhgre Elite

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