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SOLD 25 2025

38 Madison Avenue

Maplewood, NJ

$1,100,000

41,840

Sq. Ft.

$26

Per Sq. Ft.

Residential

Property Type

Tax Assessment Analysis

Sale Price

$1,100,000

Total Assessed

$853,000

Sale vs. Assessed

+$247,000 (+29.0%)

Land Value

$411,100

Building Value

$441,900

Maplewood Market Overview

$853,000

Median Price

Total Sales

-100.0%

Year over Year

Buyer's

Market Type

📊 Investment Analysis

$7,700

Est. Monthly Rent

$8,339

Est. Mortgage

7.4% · 20% down

-$639

Monthly Cash Flow

8.4%

Cap Rate

-3.5%

Cash-on-Cash Return

Estimates based on 0.7% rent rule, 7.4% interest rate, 20% down payment. For illustrative purposes only.

🏘 Maplewood Neighborhood Guide

Walk Score

Somewhat Walkable

Min to NYC

Direct train

Maplewood Station

Train Station

Midtown Direct

Neighborhoods in Maplewood

Maplewood Village / Station Area $650,000 to $1,000,000

Best for: Commuters, walkability seekers, restaurant lovers, LGBTQ community

College Hill $750,000 to $1,200,000

Best for: Architecture lovers, families, walkability with space

South Mountain $700,000 to $1,200,000

Best for: Nature lovers, families, space seekers

Wyoming / Upper Wyoming $600,000 to $900,000

Best for: Families seeking quiet streets, golf access, value

Hilton $500,000 to $750,000

Best for: Value seekers, diverse community, first-time buyers in the district

Jefferson $550,000 to $850,000

Best for: Families, history, park access

Valley View $475,000 to $650,000

Best for: First-time buyers, affordability seekers, transit users

Maplewood is 3.88 square miles of deliberate diversity, world-class dining, and Midtown Direct express trains to Penn Station in 37 minutes. The township is one of the most racially integrated suburbs in America — 51% White, 30% Black, 8.5% Hispanic — a community that chose integration by design in ...

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