2-4 Family Home For Sale in Wallington, NJ
MLS# : 25039688
PROPERTY DETAILS
PROPERTY DESCRIPTION
An exceptional and rare investment opportunity with low annual taxes awaits you! Offering significant potential for rental income possibilities. The first and second floor units have been beautifully renovated, each apartment features two bedrooms, an updated kitchen with SS appliances and bath, hardwood flooring and a bright living and dining area. Both units have been meticulously maintained. The third-floor unit is a blank canvas awaiting your vision. Ready for a full renovation to create another two-bedroom apartment or a one bedroom with generous living and dining space. Additional highlights include a full basement with storage, laundry, separate utilities, and tons of potential for finishing, a spacious backyard, a one-car detached garage, driveway with parking for 4+ vehicles, and a prime location just minutes from major highways including Routes 21, 3, 17, and the New Jersey Turnpike and the Garden State Parkway. It is also located near transportation to NYC, perfect for the commuter. Whether you're an investor looking for strong returns or an owner-occupant seeking additional income, this versatile property is a rare find in one of Bergen County's most convenient neighborhoods.
Amenities
This listing is a courtesy of The Agency Rutherford Realty Inc.
201-939-7500 office, listing agent Libera Schilare
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): | $736,815 |
| Homes Sold* (12mo): | 23 |
SINGLE FAMILY HOME SALES
Wallington, NJ
REAL ESTATE TAXES
| General Tax Rate (2023): | 3.271% |
| Effective Tax Rate (2023): | 2.104% |
Search
MLS#
MLS#
MLS#
MLS#
MLS#
MADISON ADAMSTM
Ridgewood, NJ 07450
201-760-1100 (office)
201-760-1102 (fax)
