12 44th St, Maplewood Twp., NJ 07040

Local realty services provided by:ERA Boniakowski Real Estate
#1#2
12 44th St,Maplewood Twp., NJ 07040
$1,100,000
  • 0.35 Acres
  • Lots / Land
  • Active
Listed by:marvin williams
Office:coldwell banker realty
MLS#:3977204
Source:NJ_GSMLS

Price summary

  • Price:$1,100,000

About this home

Combination of 2 lots (1016-1022 Chancellor Ave & 12 44th St )This property offers a unique opportunity for visionary developers, with several strategic options to maximize its potential. One immediate possibility is to rent the existing house while awaiting township approvals. This approach provides an interim income stream, ensuring the property generates value even during the planning phase. Renting the house also enables developers to maintain flexibility as they navigate the approval processes. Another compelling option is to demolish the existing structure and build townhouses, aligning with the character of the neighborhood, as evidenced by similar developments nearby. Developers can secure approvals to construct townhouses while renting the house during the waiting period to offset holding costs. This dual strategy supports a seamless transition from demolition to construction, leveraging both short-term and long-term revenue opportunities. Alternatively, developers may leave

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Home facts

  • Listing Id #:3977204
  • Added:211 day(s) ago
  • Updated:August 13, 2025 at 02:15 PM

Structure and exterior

  • Lot area:0.35 Acres

Utilities

  • Water:Public Water on Property

Finances and disclosures

  • Price:$1,100,000
  • Tax amount:$693 (2024)
The data relating to real estate for sale on this website comes in part from the IDX Program of Garden State Multiple Listing Service, L.L.C. Real estate listings held by other brokerage firms are marked as IDX Listing. Information deemed reliable but not guaranteed. 2025 Garden State Multiple Listing Service, L.L.C. All rights reserved. Notice: The dissemination of listings on this website does not constitute the consent required by N.J.A.C. 11:5.6.1 (n) for the advertisement of listings exclusively for sale by another broker. Any such consent must be obtained in writing from the listing broker. This information is being provided for Consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties Consumers may be interested in purchasing. Date Last Updated August 13, 2025

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