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Business For Sale in Wallington, NJ
 

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MLS# : 25042366

Street : 109 Locust Avenue
Price : $149,000
Town : Wallington, NJ 07057
General Tax Rate (2023) : 3.271%

PROPERTY DETAILS

Use : Service/Food
Basement : Full, Partial
Utilities : Sep Elec, Sep Gas, Sep Water, Sep Heat

PROPERTY DESCRIPTION

Perfect for a new or expanding food concept, this fully built-out 25–30 seat restaurant/cafe offers an outstanding opportunity in the heart of Wallington, NJ. The space features a well-equipped kitchen with a 10-foot hood, updated 200-amp electric, and central air and heat for efficient, year-round comfort. Two convenient half baths serve both guests and staff. A major bonus is the full-use basement, ideal for prep, storage, and additional operational space, allowing you to maximize the dining area upstairs. The property also includes private parking for up to 5 cars, a valuable advantage in this busy market. With rent at just $1,750 this location provides affordability, flexibility, and true turn-key readiness.

Amenities

This listing is a courtesy of Keller Williams Team Realty
973-253-2800 office, listing agent Spero Kalyoussef

About Wallington, NJ Real Estate Market

One of the smallest boroughs in Bergen County in New Jersey with an area of just 1.05 square miles, Wallington is a densely populated area with around 12,000 people as its residents. Located 15 miles from Midtown Manhattan in New York, Wallington is surrounded by other boroughs like Garfield, Carlstadt, South Hackensack, East Rutherford and Wood-Ridge.

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
PRICE INDEX
SINGLE FAMILY HOME SALES

Wallington, NJ
12 Month Moving Average


1 YR 2 YR 3 YR 5 YR 7 YR MAX
 

Download Full Home Sales Report

REAL ESTATE TAXES

General Tax Rate (2023):  3.271%
Effective Tax Rate (2023):  2.104%
GENRAL TAX RATE - Wallington, NJ



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    MADISON ADAMSTM

    office: 201-760-1100
    84 E Ridgewood Ave, Suite 201
    Ridgewood, NJ 07450
    201-760-1100 (office)
    201-760-1102 (fax)

    Contact Info

    FOR APPOINTMENTS CONTACT


    Sales Associate
    201-982-0358 (cell)

    Madisom Adams Sales Associate Yuriy Zatuchny


    Sales Associate
    201-725-1170 (cell)

    Madisom Adams Sales Associate Juan Carlos Guevara


    Licensed as Marek Zagorski
    Broker
    201-478-3185 (cell)

    Madisom Adams Broker Marek Zagorski


    Real estate inventory
    Wallington
    Homes : $389,000 - 749,900 5
    Condos : -
    Co-ops : -
    Twnhs : $539,000 - 539,000 1
    2-4 Fam : $548,888 - 915,000 3
    5+ Fam : $1,499,999 - 1,499,999 1
    Land : $425,000 - 425,000 1
    Rentals : $1,650 - 3,600 11
    Mixd Use : $1,499,000 - 1,499,999 2
    Com S : -
    Com L : -
    Biz : $125,000 - 149,000 2


    26 SEE ALL

    Similar Listings in Wallington

    Wallington, NJ

    MLS#25040548
    LISTED: 11/17/2025
    $125,000

    This listing is courtesy of Prestige Property Group - Montclair

    More Listings in Wallington

    The data relating to the real estate for sale on this web site comes in part from the Internet Data Exchange Program of the NJMLS. Real estate listings held by brokerage firms other than Madison Adams are marked 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.
    NJMLS is the owner of the copyrights of the listing content displayed for IDX. The NJMLS Internet Data Exchange Logo is a service mark owned by the NJMLS, Inc. All information deemed reliable but not guaranteed. Last date updated: 12/05/2025 00:05 AM Source: New Jersey Multiple Listing Service, Inc. “©2025 New Jersey Multiple Listing Service, Inc. All rights reserved.”


    General Tax Rate is used to determine the amount of real estate tax levied upon a particular property. This rate is used to compute the tax bill.

    Effective Tax Rate is used to compare of one district to another district based on the assumption that all districts are at 100% valuation. This rate has been computed by the State of New Jersey Department of the Treasury using County Equalization Average Ratios. This rate is NOT to be used to compute the tax bill.

    Data Source: US Census 2010, NJ MLS, State of New Jersey Department of the Treasury

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    Madison AdamsTM

    84 E Ridgewood Ave, Suite 201
    Ridgewood, NJ 07450
    201 760-1100 (office)
    201 760-1102 (fax)
    office@madisonadams.com