Co-op For Sale in Elmwood Park, NJ

MLS# : 26003959

Street : 41 Elmwood Terrace 41
Price : $219,000
Town : Elmwood Park, NJ 07407
Monthly Maintenance : $975
General Tax Rate (2023) : 2.991%

PROPERTY DETAILS

Bedrooms : 2
Full Baths : 1
Half Baths : 1
Garage : Deeded Parking Incl, Detached, Gar Opener
Building Type : Low/Gard
Year Built : 1940's
Building/Complex : Elmwood
Pets? : None
Laundry : Basement,Coin/Card
View/Exp : None

PROPERTY DESCRIPTION

Unique Opportunity to own a 2 bedroom 1.5 baths CO-OP in the Elmwood Cooperative. This unit is situated with a shared front walk w/1 other unit. Townhouse style - 2 floors; in comparison to the majority of the complex which has units of 1 bed with 4 units per building. As you enter the front door, you are greeted into the spacious living room that connects to the Dining area. Updated Powder Room under the stairs going up to the 2nd floor. Modern kitchen w/breakfast bar and back door to courtyard and parking. The second floor boasts 2 bedrooms, full bathroom and pull-down attic storage access. First bedroom has 2 separate closets and Second bedroom a double size closet. Extra bonus to this unit is a one car garage. Complex allows parking for 1 vehicle (either garage or parking spot - not both) There are a few designated guest parking available with additional parking on-street. Location is ideal to shopping including a brand new ShopRite, public transportation, major roadways to navigate through Bergen County. Age Restricted complex 55+, CASH ONLY PURCHASE, must be owner occupied, No Renting Allowed. All buyers will be listed on Co-Op Ownership Shares and must live in the unit. Buyer(s) must financially qualify with HOA and Management Company. No pets allowed. Community Laundry room is a short walk away. Monthly Maintenance fee includes: Taxes, Heat, Water/Hot Water, Common Area, Trash, Snow removal for common areas. Owner is responsible for electric/gas/internet/tv, etc.

Amenities

  • Common Area
  • Recycling
Appliances Included :

Dishwasher, Ov/Rg/Gas, Refrigerator

Life Style :

Age Restricted, Close/Parks, Close/Shopg, Close/Trans, Close/Wrshp

This listing is a courtesy of Real
855-450-0442 office, listing agent James Klimko

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)

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Sales Associate
914-261-6031 (cell)

Madisom Adams Sales Associate Georgine Addeo


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Broker Associate
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Real estate inventory
Elmwood Park
Homes : $525,000 - 989,999 13
Condos : $319,900 - 475,000 3
Co-ops : $219,000 - 219,000 1
Twnhs : -
2-4 Fam : $610,000 - 969,900 5
5+ Fam : -
Land : -
Rentals : $1,275 - 5,000 24
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: 02/10/2026 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