2-4 Family Home For Sale in Wallington, NJ
MLS# : 24036404
PROPERTY DETAILS
PROPERTY DESCRIPTION
This three-family home in the heart of Wallington offers an excellent opportunity for both investors and owner-occupants. Live in one unit and collect rent from the other two to offset your mortgage an ideal setup for generating passive income! Located conveniently near the bus stop, a local park, shopping center, and schools, this corner property provides accessibility and appeal for tenants. Each unit is currently on a month-to-month lease, allowing for flexibility in rental terms. Although some updates are needed, this property has great potential. One parking spot is included. Don't miss out on this versatile investment with the option to make it your home too!
Amenities
Close/Parks, Close/School, Close/Shopg, Close/Trans, Close/Wrshp
This listing is a courtesy of United Real Estate
(888) 501-6953 office, listing agent Kasia Nowakowska
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): | $643,121 |
| Homes Sold* (12mo): | 19 |
SINGLE FAMILY HOME SALES
Wallington, NJ
REAL ESTATE TAXES
| General Tax Rate (2023): | 3.271% |
| Effective Tax Rate (2023): | 2.104% |
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MADISON ADAMSTM
Ridgewood, NJ 07450
201-760-1100 (office)
201-760-1102 (fax)
