5+ Mixed Use For Sale in Wallington, NJ
MLS# : 25039345
PROPERTY DETAILS
PROPERTY DESCRIPTION
Turnkey 6 Unit Multifamily-Bergen County. A rare investment opportunity in one of Bergen County's most sought-after neighborhoods. This fully renovated six-unit property offers modern finishes, updated systems and strong rental income from day one" just close and start collecting. Located in a quiet, community surrounded by well-kept homes, parks and excellent schools. Tenants enjoy proximity to shopping, dining and major highways with easy access to NYC, making it a consistent performer in a high-demand rental market. Wallington offers the perfect balance of suburban comfort and city convenience" properties like this rarely hit the market. Whether expanding your portfolio or entering multifamily ownership, this turnkey asset delivers immediate cash flow and long-term stability in Northern New Jersey's thriving rental corridor.
Amenities
This listing is a courtesy of Continental Real Estate Group, Inc.
877-996-5728 office, listing agent Derek Eisenberg
About Wallington, NJ Real Estate Market
The establishment of Wallington as a borough happened in 1895, after some portions of Saddle River Township and Bergen Township based on the results of a referendum. Wallington is one of those 26 boroughs established as permanent boroughs during the Boroughitis phenomenon in 1894.
Apart from several small-sized New Jersey homes, Wallington is home to a couple of places of interest. The Samuel Nelkin County Park is a 17-acre open recreational space with picnic areas, an artificial pond for fishing and sports arenas. There is also a Bowlero Wallington bowling alley with a restaurant and bar. The naming of the Borough of Wallington is inspired by Walling Van Winkle, who was one of the first people who built a home after Wallington got established as a borough.
| Population: | 11,335 |
| Total Housing Units: | 4,946 |
| Single Family Homes: | 2,155 |
| General Tax Rate (2023): | 3.271% |
| Effective Tax Rate (2023): | 2.104% |
| Compare To Other Towns |
Wallington Market Indicators
PRICE INDEX
| Average Price* (12mo): | $738,855 |
| Homes Sold* (12mo): | 25 |
SINGLE FAMILY HOME SALES
Wallington, NJ
REAL ESTATE TAXES
| General Tax Rate (2023): | 3.271% |
| Effective Tax Rate (2023): | 2.104% |
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MADISON ADAMSTM
Ridgewood, NJ 07450
201-760-1100 (office)
201-760-1102 (fax)
