5+ Mixed Use For Sale in Wallington, NJ
 

MLS# : 24007123

Street : 62 Wallington Avenue
Price : $709,000
Town : Wallington, NJ 07057
Annual Taxes : $9,547

PROPERTY DETAILS

Year Built : Renovated, 2020's
Roof : Asphalt

PROPERTY DESCRIPTION

Don't miss this opportunity to own this great investment. This is a fully renovated mixed-use building with 2 apartments, central heat/air conditioning, ample parking, and separate utilities for each unit. A very large open area on the 1st floor is ideal for an office or a business. Unit 1 has a new kitchen with dining area, a new bathroom, three bedrooms, and an office/den. Unit 2 has a new kitchen, bathroom, and one bedroom with a living room/den/office. The property is located in a flood zone. BRING ALL OFFERS. MOTIVATED SELLER.

Amenities

This listing is a courtesy of EXP Realty, LLC
(866) 201-6210 office, listing agent Natalia Czochara

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


Managing Partner
Broker Associate
646-279-8233 (cell)

Madisom Adams Broker Associate Helena Lobo-Zagorski


About Wallington, NJ Real Estate Market

One of the smallest boroughs in Bergen County in New Jersey with an area of just 1.05 square miles, Wallington is a densely populated area with around 12,000 people as its residents. Located 15 miles from Midtown Manhattan in New York, Wallington is surrounded by other boroughs like Garfield, Carlstadt, South Hackensack, East Rutherford and Wood-Ridge.

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 (2021):  3.149%
Effective Tax Rate (2021):  2.307%
Compare To Other Towns

Wallington Market Indicators

PRICE INDEX

Average Price* (12mo):  $508,528
Homes Sold* (12mo):  23
PRICE INDEX
SINGLE FAMILY HOME SALES

Wallington, 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 (2021):  3.149%
Effective Tax Rate (2021):  2.307%
GENRAL TAX RATE - Wallington, NJ



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: 04/28/2024 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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