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
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: 11/21/2024 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
