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Description

Well-maintained two-family in highly desirable Scotch Plains! Prime location near downtown, schools, shopping, and NYC transportation. Each unit offers 2 bedrooms with updated kitchens and baths. Spacious first-floor unit features hardwood floors with laundry and garage access. Second floor has access to finished attic. Bonus space includes a partially finished basement with split system heat and air conditioning. Large backyard for outdoor enjoyment. A fantastic opportunity for investors or owner-occupants...Well-maintained two-family in highly desirable Scotch Plains! Prime location near downtown, schools, shopping, and NYC transportation. Each unit offers 2 bedrooms with updated kitchens and baths. Spacious first-floor unit features hardwood floors with laundry and garage access. Second floor has access to finished attic. Bonus space includes a partially finished basement with split system heat and air conditioning. Large backyard for outdoor enjoyment. A fantastic opportunity for investors or owner-occupants seeking rental income. Home does not require flood insurance. A revaluation of all properties in Scotch Plains is currently underway; current taxes and assessments subject to change.
  1. Listed by MARIA ACKERMAN • COLDWELL BANKER REALTY

Property Details for 550 Forest Road

Directions
Westfield Ave to Forest Rd
Days On Market
0

Open Houses

Sunday, Feb 1st

1:00 PM - 3:00 PM

Public

LISTING UPDATED: 01/29/2026 06:29 PM

Property Details for 550 Forest Road

StatusComing Soon
MLS #4007294
Days on Market-
Taxes$12,309 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMulti Family / 1-One Story
Year Built1910
Lot Size0.18 AC / 7,840 SF
CountyUnion County

Location

Listing Courtesy of COLDWELL BANKER REALTY, MARIA ACKERMAN
Add your commute

Building Information for 550 Forest Road

Stories-Residences2Year Built1910Building Size-Lot Size0.18 AC / 7,840 SF

Payment Calculator

$4,632 per month

30 year fixed, 6.15% Interest

Principal and Interest

$3,606

Property Taxes

$1,026

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 550 Forest Road

Summary
Location and General Information
  • Address Included: Y
  • Middle/Jr High School: Nettingham
  • Grade School: 1 E.S.
  • High School: SP Fanwood
  • County #: Union
  • Town Name: Scotch Plains Twp.
  • Block Identifier: 1401
  • Listing Type: Exclusive Right to Sell
  • Color of Building: Blue
  • Town #: 2916.0
  • Street # Display: 550.0
  • # Parking Spaces: 6
  • County Or Parish: Union
  • Street Name: Forest Rd
  • Zip Code: 07076-1724
  • Total Units: 2
Taxes and HOA Information
  • Assess Total Tax: *
  • Assess Amt Land Tax: *
  • Assess Amt Bldg Tax: *
  • Block ID Tax: *
  • Acres Tax: *
  • County Tax: *
  • Tax Amount: $12,309
  • Street name Tax: *
  • Zip Code Tax: *
  • Street # Tax: *
  • City Tax: *
  • Tax Amount Tax: *
  • Assessment Total: 104600.0
  • Tax ID For Property: 2916-01401-0000-00037-0000-
  • Tax Rate Amount: $12
  • Tax Rate Tax: *
  • Tax Rate Year: 2025
  • Tax Year: 2024
  • Tax Year Tax: *
  • Lot ID Tax: *
  • Lot Size Tax: *
Parking
  • Parking/Driveway Description: 2 Car Width, Blacktop
  • # Garage Spaces: 2
  • Garage Description: Detached Garage
Property
Lot Information
  • Lot Identifier: 37
  • Approximate Lot Size: 75 X 103
  • Total Acres: 0.18
  • Construction Date/Year Built: 1910
  • Construction Date/Year Built Des: Approximate
Property and Assessments
  • Assessment Bldg: 78100.0
  • Assessment Land: 26500.0
  • Farm Assessment: No
Utilities
  • Cooling: Wall A/C Unit(s), Window A/C(s)
  • Utilities: Electric, Gas-Natural
  • Water: Public Water
  • Heating: Baseboard - Hotwater
  • Fuel Type: Gas-Natural
  • Sewer: Public Sewer
Interior and Exterior Features
Exterior Features
  • Exterior Description: Stucco
Interior Features
  • Interior Features: Carbon Monoxide Detector, Carpeting, Fire Extinguisher, Smoke Detector, Tile Floors, Wood Floors
  • Roof Description: Asphalt Shingle
  • Basement: Yes
  • Basement Description: Finished-Partially, Walkout
  • Easement: Unknown
Multi Family
Unit 1 Information
  • Unit 1 Appl/Equip: Carbon Monoxide Detector, Dishwasher, Microwave Oven, Range/Oven - Gas, Refrigerator, Smoke Detector
  • Unit 1 Baths: 1.0
  • Unit 1 Bedrooms: 2
  • Unit 1 Fireplaces: 0.0
  • Unit 1 Handicap Modified: No
  • Unit 1 Lease Expiration: 05-31-2026
  • Unit 1 Levels: 1.0
  • Unit 1 Owner/Tenant Pays: Owner Pays Water, Tenant Pays Electric, Tenant Pays Gas
  • Unit 1 Rent: 2250.0
  • Unit 1 Room Description: Bedrooms, Eat-In Kitchen, Living Room
  • Unit 1 Rooms: 4.0
  • Unit 1 Security Deposit: 3375.0
  • Unit 1 Sq Ft: 922.0
Unit 2 Information
  • Unit 2 Appl/Equip: Carbon Monoxide Detector, Range/Oven - Gas, Refrigerator, Smoke Detector
  • Unit 2 Baths: 1.0
  • Unit 2 Bedrooms: 2
  • Unit 2 Fireplaces: 0.0
  • Unit 2 Handicap Modified: No
  • Unit 2 Lease Expiration: 07-31-2026
  • Unit 2 Levels: 2.0
  • Unit 2 Owner/Tenant Pays: Owner Pays Water, Tenant Pays Electric, Tenant Pays Gas
  • Unit 2 Rent: 2200.0
  • Unit 2 Room Description: Attic, Bedrooms, Eat-In Kitchen, Family Room
  • Unit 2 Rooms: 5.0
  • Unit 2 Security Deposit: 900.0
  • Unit 2 Sq Ft: 870.0
Multi-Family Information
  • Unit Style: 1-One Story
Income & Expenses Information
  • Total Operating Expense: $18,600.00
  • Expenses Include: See Remarks
  • Net Operating Income: $34,800.00
  • Gross Operating Income: $53,400.00
Rental
Rental Information
  • Home Warranty: false

Property History for 550 Forest Road

DateEvent & SourcePriceAppreciation
May 3, 2022

Sold

GSMLS #3758044

$560,000
Apr 26, 2022

Sold (Public Record)

Public Record #1489624362

$560,000

+55.9% / yr

Feb 14, 2022

Temporarily Off Market

GSMLS #3758044

Jan 6, 2022

Listed (Active)

GSMLS #3758044

$549,000
Dec 10, 2021

Sold

GSMLS #3744003

$465,000
Dec 6, 2021

Temporarily Off Market

GSMLS #3744003

Nov 24, 2021

Sold (Public Record)

Public Record #1480133115

$465,000
Oct 1, 2021

Listed (Active)

GSMLS #3744003

$435,000
DateEvent & SourcePrice
05/03/2022

Sold

GSMLS #3758044

$560,000
04/26/2022

Sold (Public Record)

Public Record #1489624362

$560,000

+55.9% / yr

02/14/2022

Temporarily Off Market

GSMLS #3758044

01/06/2022

Listed (Active)

GSMLS #3758044

$549,000
12/10/2021

Sold

GSMLS #3744003

$465,000
12/06/2021

Temporarily Off Market

GSMLS #3744003

11/24/2021

Sold (Public Record)

Public Record #1480133115

$465,000
10/01/2021

Listed (Active)

GSMLS #3744003

$435,000

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 550 Forest Road

Taxable ValueLand$26,500Additions$78,100Total$104,600
Tax Record2024$12,309 ($1,026 / month)
Home Facts
Beds0Total Finished SqFt1,506 SqFtAbove Grade Finished SqFt1,506 SqFtStories2Lot Size7,723 SqFtStyleSingle Family ResidenceYear Built1910ZoningR-3ACountyUNIONAPN16 01401-0000-00037

Schools near 550 Forest Road

This home is within Scotch Plains-Fanwood School District.
Rating
School
Type
Grades
Distance
Public - PK to 4
Public - 5 to 8
Public - 9 to 12
Private - PK to 8
Rating
School
Distance
School #1 Elementary School
PublicPK to 4

Malcolm E Nettingham Middle School
Public5 to 8

Scotch Plains Fanwood High School
Public9 to 12

St Bartholomew Academy
PrivatePK to 8

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Neighborhood Map and Transit

Similar Homes

Similar Sold Homes

550 Forest Road is a multi-family home Coming Soon in Scotch Plains, NJ 07076. This property is currently priced at $739,900. This listing's school district is Scotch Plains-Fanwood School District. Nearby schools include School #1 Elementary School, Malcolm E Nettingham Middle School and Scotch Plains Fanwood High School. 550 Forest Road is a 4-bed, 2-bath, multi-family home built in 1910.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of COLDWELL BANKER REALTY, MARIA ACKERMAN

The data relating to the real estate for sale on this website comes in part from the Internet Data Exchange Program of the NJMLS. Real estate listings held by brokerage firms other than (insert office name) aremarked with the Internet Data Exchange logo and information about them includes the name of the listing brokers. Some properties listed with the participating brokers do not appear on this website at the request of the seller. Listings of brokers that do not participate in Internet Data Exchange do not appear on this website. All information deemed reliable but not guaranteed. Last date updated: 01/29/2026 10:25 PM. Source: New Jersey Multiple Listing Service, Inc. © 2026 New Jersey Multiple Listing Service, Inc. All rights. The data relating to the real estate for sale and sold listing information on this website comes from the New Jersey Multiple Listing Service, Inc. Virtual Office Website (VOW) program. This website may not include listings or property addresses of sellers who have directed their listing brokers to withhold their listing or their property address from display on the Internet. Sold listings may have been listed and/or sold by a real estate brokerage other than (insert office name). All information deemed reliable but not guaranteed. NLMLS makes no representation or warranty regarding the accuracy of the data. This data and information is protected under federal copyright laws which prohibit the unauthorized copying or alternation of all or any part of copyrighted materials, including certain compilations of data and information. Copyright violators may be subject to severe fines and penalties under federal law. Source: New Jersey Multiple Listing Service Inc. Last date updated: 01/29/2026 10:25 PM © 2026 New Jersey Multiple Listing Service Inc. All rights reserved.