2-4 Family Home For Sale in Wallington, NJ
MLS# : 24037143
PROPERTY DETAILS
PROPERTY DESCRIPTION
EXCELLENT INVESTMENT OPPORTUNITY! LOVELY & BRIGHT, WELL-MAINTAINED 2 FAMILY HOME CONVENIENTLY LOCATED JUST 4 MIN WALKING DISTANCE TO NYC BUS STOP #160. EXPERIENCE THE NICE KITCHENS, BATHS, FULL FIN BASEMENT, ENCLOSED PORCHES & SPACIOUS ATTIC. THE 1ST FLOOR UNIT CONSISTS OF LR, MEIK, 2 BR & FBTH. THE 2ND FLOOR WELCOMES WITH A 2-STORY APT (LR, DR, BR, FBTH & LAUNDRY ON THE MAIN FLOOR, & 2 BRM & 0.5 BATH IN THE FINISHED ATTIC). FULL BASEMENT W/GROUND LEVEL ACCESS IS PERFECT FOR A REC RM & OFFICE. SEPARATE UTILITIES, SOME NEWER PLUMBING, FURNACES, WATER HEATERS, 100 AMP ELECTR PANELS, FRENCH DRAIN & MORE. THE FENCED-IN BACKYARD IS GREAT FOR ENTERTAINING OR SIMPLY RELAXING OUTDOORS. BOTH APARTMENTS ARE CURRENTLY RENTED & THE GROSS ANNUAL INCOME IS $43800 (1ST FLR $1750/MO & 2ND FLR $1900/MO). THE OWNER PAYS $3385 FOR FLOOD INSURANCE & THE REAL ESTATE TAX IS $8250. THIS TRULY IS A GREAT & AFFORDABLE HOUSE FOR A 1ST TIME BUYER, AN INVESTOR OR 1031 EXCHANGE. NOT A DRIVE-BY. MUST BE SEEN!
Amenities
Close/Parks, Close/School, Close/Trans
This listing is a courtesy of RE/MAX Home Experts
(973) 777-4663 office, listing agent Janusz Gajda
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)
