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2-4 Family Home For Sale in Wallington, NJ
 

Map

MLS# : 25043869

Street : 48 Main Avenue
Price : $1,048,888
Town : Wallington, NJ 07057
Annual Taxes : $18,350

PROPERTY DETAILS

# of Rooms : 12
Bedrooms : 7
Full Baths : 3
Half Baths : 1
Year Built :
Lot Size :
Style :
Heat/Cool :

PROPERTY DESCRIPTION

Discover this rare side-by-side two-family duplex, offering the privacy and feel of a single-family home with exceptional income potential — ideal for owner-occupants seeking to offset mortgage costs or savvy investors building their portfolio. The owner's unit (currently vacant and move-in ready) was thoughtfully constructed in 2002, featuring fresh interior paint throughout, convenient second-floor in-unit laundry with washer and dryer included, and a partially finished basement awaiting your personal touch — simply add sheetrock for additional living space if desired. The tenant's unit, also fully renovated in 2002, is occupied by a reliable long-term tenant paying $2,000 monthly with consistent on-time payments and minimal maintenance needs. Ample parking and storage abound with a spacious 4-car driveway plus an oversized 4-car detached garage. The tenant utilizes the driveway and a rear shed addition, leaving the garage available for the owner's exclusive use. This unique property combines modern updates, strong rental income, and abundant outdoor amenities in a highly desirable layout. Be sure to explore the comprehensive Documents section, including the Seller's Disclosure. All offers must be accompanied by a pre-approval letter or proof of funds. Homes of this caliber, rarely last. Schedule your private showing today!

Amenities

This listing is a courtesy of Keller Williams Prosperity Realty
973-696-0077 office, listing agent Salvatore LoCascio

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):  $723,458
Homes Sold* (12mo):  19
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
    917-863-6560 (cell)

    Madisom Adams Sales Associate Cindy Chiashin Shih


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

    Madisom Adams Broker Marek Zagorski


    Managing Partner
    Broker Associate
    646-279-8233 (cell)

    Madisom Adams Broker Associate Helena Lobo-Zagorski


    Real estate inventory
    Wallington
    Homes : $389,000 - 749,900 4
    Condos : -
    Co-ops : -
    Twnhs : -
    2-4 Fam : $725,000 - 1,048,888 2
    5+ Fam : $1,499,999 - 1,499,999 1
    Land : $425,000 - 425,000 1
    Rentals : $1,300 - 3,600 13
    Mixd Use : $1,200,000 - 1,499,999 3
    Com S : -
    Com L : -
    Biz : $125,000 - 150,000 3


    27 SEE ALL

    Similar Listings in Wallington

    Wallington, NJ

    MLS#25039258
    LISTED: 11/04/2025
    $725,000

    This listing is courtesy of EXP Realty, LLC

    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: 01/03/2026 00:05 AM Source: New Jersey Multiple Listing Service, Inc. “©2026 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