2-4 Family Home For Sale in Elmwood Park, NJ
 

MLS# : 26001416

Street : 22 Falmouth Avenue
Price : $639,900
Town : Elmwood Park, NJ 07407
Annual Taxes : $9,465

PROPERTY DETAILS

# of Rooms : 8
Bedrooms : 4
Full Baths : 2
Half Baths : 0
Year Built :
Lot Size :
Style :
Heat/Cool :

PROPERTY DESCRIPTION

This is the kind of two-family buyers wait for. Set on a quiet Elmwood Park street, 22 Falmouth Avenue offers the perfect blend of comfort, flexibility, and income potential. The home features two well-maintained 2-bedroom, 1-bath apartments-both delivered vacant-giving you the freedom to live in one and rent the other, or lease both for maximum cash flow. A finished walk-out basement adds valuable bonus space, ideal for a home office, gym, or entertainment area. Outside, the flat, level yard is designed for easy living, complete with a patio for relaxing or entertaining and a storage shed for added convenience. A large private driveway provides plenty of off-street parking-something that’s in high demand. With separate utilities, low property taxes, and a home that has been carefully maintained, this property is as practical as it is appealing. Whether you’re a first-time buyer looking to offset your mortgage or an investor seeking strong rental demand in an unbeatable Bergen County location, this is an opportunity you don’t want to miss.

Amenities

This listing is a courtesy of Century 21 The Crossing-Midland Park
201-580-2002 office, listing agent Jason R. Dion

About Elmwood Park, NJ Real Estate Market

Located in Bergen County in New Jersey state, Elmwood Park was originally a part of the Dundee Lake, which was one of the core sections of Saddle River Township. Spread over 2.73 square miles, Elmwood Park is a home for around 19,000 odd people and is surrounded by other boroughs like Paterson and Clifton from Passaic County and Fair Lawn, Saddle Brook and Garfield from Bergen County.

The story of the formation of Elmwood Park goes back to the year 1916 when the residents of Dundee Lake voted for the separation of the borough of East Paterson from the Saddle River Township. After a few decades, in 1973, the town was renamed, Elmwood Park.

While most of the town remains closed on Sundays due to strict blue laws, Elmwood Park has several places of interest, making it one of the liveliest boroughs to live. While the Van Houten-Hillman House is one of the most historical places in the town, The House of Loud is a recording studio graced by hardcore bands of the country in the past.

In addition to these buildings, Elmwood Park also has Artesian Field County Park, which includes athletic fields, a walking path, a lake beach and a small zoo. Another place of interest is a bowling alley called Parkway Lanes, located between Garden State Parkway and Route 46. You can find a suitable home meeting your preferences by contacting New Jersey real estate agents for this place.
Population:  19,403
Total Housing Units:  7,385
Single Family Homes:  4,772
General Tax Rate (2023):  2.991%
Effective Tax Rate (2023):  2.229%
Compare To Other Towns

Elmwood Park Market Indicators

PRICE INDEX

Average Price* (12mo):  $592,002
Homes Sold* (12mo):  62
PRICE INDEX
SINGLE FAMILY HOME SALES

Elmwood Park, 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):  2.991%
Effective Tax Rate (2023):  2.229%
GENRAL TAX RATE - Elmwood Park, NJ



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
201-725-1170 (cell)

Madisom Adams Sales Associate Juan Carlos Guevara


Sales Associate
917-863-6560 (cell)

Madisom Adams Sales Associate Cindy Chiashin Shih


Sales Associate
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Madisom Adams Sales Associate Yuriy Zatuchny


Real estate inventory
Elmwood Park
Homes : $500,000 - 989,999 8
Condos : $335,900 - 439,888 2
Co-ops : -
Twnhs : -
2-4 Fam : $470,000 - 639,900 2
5+ Fam : -
Land : -
Rentals : $1,275 - 4,250 30
Mixd Use : -
Com S : -
Com L : -
Biz : $45,000 - 675,000 2


Similar Listings in Elmwood Park

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: 01/14/2026 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