5+ Mixed Use For Sale in Waldwick, NJ
 

MLS# : 24038248

Street : 32 West Prospect Street
Price : $1,100,000
Town : Waldwick, NJ 07463
Annual Taxes : $14,262

PROPERTY DETAILS

Year Built : 1900-1939
Roof : Flat,O/See Rmrks

PROPERTY DESCRIPTION

Discover an exceptional mixed-use building ideally situated near the Waldwick train station, featuring one commercial space currently operating as a deli and three residential units - a first-floor studio and two spacious 2-bedroom apartments on the second floor. Recent upgrades enhance the property with brand-new kitchens, modern A/C units, and water heaters installed in 2022, along with new flooring added in 2024. The beautifully renovated front exterior and newly installed privacy fence add to the charm and appeal. With separate utilities, forced hot air, and central air conditioning, this fully occupied property also offers a full basement and a private parking lot accommodating 8 vehicles. Generating an impressive monthly income of $7,800, this is a fantastic investment opportunity in the highly sought-after town of Waldwick.

Amenities

This listing is a courtesy of Terrie O'Connor Realtors-Allendale
(201) 825-0500 office, listing agent Mary Ellen O'Connell

About Waldwick, NJ Real Estate Market

Awarded as the safest small town in America, Waldwick is a small borough in Bergen County in New Jersey state, spanning an area of over 2.07 square miles. The current population of Waldwick is around 10,000 people, with the town sharing its borders with other boroughs of Bergen County, like Ho-Ho-Kus, Allendale, Ridgewood, Midland Park, Wyckoff and Saddle River.

The history of Waldwick as a populated area began in the pre-Columbian era when the Lenape Native American tribe started living in the area, much before Bergen County real estate shaped in this area. The region was then discovered by Europeans in 1610 when a Dutch trading expedition landed in the place and created a Nieuw Amsterdam colony in 1624. Along with the north-eastern part of New Jersey, the current region of the borough also became a Dutch possession at that time.

The formation of Waldwick as a modern borough took place in 1919 when a council of citizens voted to establish the borough from some portions of Orvil Township, which was dissolved after the establishment of Waldwick as a borough. The inspiration behind the naming of the borough comes from two words in Old English – ‘wald’ (forest) and ‘wick’ (place). There are a few places in Waldwick, which are included in the National Register of Historic Places, such as Erie Railroad Signal Tower in Waldwick Yard, Albert Smith House, White Tenant House and Waldwick Railroad Station.
Population:  9,625
Total Housing Units:  3,537
Single Family Homes:  3,332
General Tax Rate (2023):  2.908%
Effective Tax Rate (2023):  2.266%
Compare To Other Towns

Waldwick Market Indicators

PRICE INDEX

Average Price* (12mo):  $650,511
Homes Sold* (12mo):  75
PRICE INDEX
SINGLE FAMILY HOME SALES

Waldwick, 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):  2.908%
Effective Tax Rate (2023):  2.266%
GENRAL TAX RATE - Waldwick, 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
914-261-6031 (cell)

Madisom Adams Sales Associate Georgine Addeo


Sales Associate
917-863-6560 (cell)

Madisom Adams Sales Associate Cindy Chiashin Shih


Sales Associate
201-724-6913 (cell)

Madisom Adams Sales Associate Carmela Maggio


Real estate inventory
Waldwick
Homes : $500,000 - 799,999 2 avail
Condos : -
Co-ops : -
Twnhs : $519,900 - 519,900 1 avail
2-4 Fam : $587,500 - 995,000 2 avail
5+ Fam : -
Land : -
Rentals : $1,875 - 3,500 7 avail
Mixd Use : $1,100,000 - 1,100,000 1 avail
Com S : -
Com L : -
Biz : -


Similar Listings in Waldwick

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: 12/21/2024 00:05 AM Source: New Jersey Multiple Listing Service, Inc. “©2024 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