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
MADISON ADAMSTM
Ridgewood, NJ 07450
201-760-1100 (office)
201-760-1102 (fax)
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% |
Similar Listings in Wallington
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: 11/19/2024 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
