48 Main Ave Wallington, NJ 07057
Estimated payment $6,665/month
About This Home
Discover this rare side-by-side two-family duplex, offering the privacy and feel of a single-family home with exceptional income potential — ideal for owner-occupants seeking to offset mortgage costs or savvy investors building their portfolio. The owner's unit (currently vacant and move-in ready) was thoughtfully constructed in 2002, featuring fresh interior paint throughout, convenient second-floor in-unit laundry with washer and dryer included, and a partially finished basement awaiting your personal touch — simply add sheetrock for additional living space if desired. The tenant's unit, also fully renovated in 2002, is occupied by a reliable long-term tenant paying $2,000 monthly with consistent on-time payments and minimal maintenance needs. Ample parking and storage abound with a spacious 4-car driveway plus an oversized 4-car detached garage. The tenant utilizes the driveway and a rear shed addition, leaving the garage available for the owner's exclusive use. This unique property combines modern updates, strong rental income, and abundant outdoor amenities in a highly desirable layout. Be sure to explore the comprehensive Documents section, including the Seller's Disclosure. All offers must be accompanied by a pre-approval letter or proof of funds. Homes of this caliber, rarely last. Schedule your private showing today!
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $18,350
Lot Details
- 7,405 Sq Ft Lot
- Lot Dimensions are 25 x 114 x 84 x 139
Parking
- 4 Car Garage
Home Design
Bedrooms and Bathrooms
- 7 Bedrooms
Laundry
- Laundry in unit
Listing and Financial Details
- Legal Lot and Block 4 / 29
Map
Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $14,682 | $941,000 | $234,000 | $707,000 |
| 2024 | $14,125 | $431,700 | $148,800 | $282,900 |
| 2023 | $13,832 | $431,700 | $148,800 | $282,900 |
| 2022 | $13,832 | $431,700 | $148,800 | $282,900 |
| 2021 | $13,594 | $431,700 | $148,800 | $282,900 |
| 2020 | $13,318 | $431,700 | $148,800 | $282,900 |
| 2019 | $12,895 | $431,700 | $148,800 | $282,900 |
| 2018 | $12,744 | $431,700 | $148,800 | $282,900 |
| 2017 | $12,584 | $431,700 | $148,800 | $282,900 |
| 2016 | $12,338 | $431,700 | $148,800 | $282,900 |
| 2015 | $11,811 | $431,700 | $148,800 | $282,900 |
| 2014 | $11,207 | $431,700 | $148,800 | $282,900 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 02/05/2026 02/05/26 | Price Changed | $999,999 | -4.7% | -- |
| 01/02/2026 01/02/26 | For Sale | $1,048,888 | -- | -- |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | $400,000 | Westcor Land Title | |
| Deed | $142,000 | -- |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $320,000 | New Conventional |
Source: New Jersey MLS
MLS Number: 25043869
APN: 65-00029-0000-00004
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
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 Ten-X 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.
All information deemed reliable but not guaranteed. Source: New Jersey Multiple Listing, Inc.
© 2026 New Jersey Multiple Listing Service Inc. All rights reserved.
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