48 Main Ave Wallington, NJ 07057
Estimated payment $6,732/month
Highlights
- Corner Lot
- Patio
- Forced Air Heating and Cooling System
- 4 Car Detached Garage
- Multiple cooling system units
- 5-minute walk to Wallington Park
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!
Listing Agent
SALVATORE LOCASCIO
KELLER WILLIAMS PROSPERITY REALTY Brokerage Phone: 973-696-0077 Listed on: 01/02/2026
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $18,350
Year Built
- Built in 1920 | Remodeled
Lot Details
- 25 Sq Ft Lot
- Fenced
- Corner Lot
- Level Lot
- Irregular Lot
Parking
- 4 Car Detached Garage
- Private Driveway
- Additional Parking
- On-Street Parking
- Parking Garage Space
Home Design
- Vinyl Siding
Interior Spaces
- Blinds
- Fire and Smoke Detector
Bedrooms and Bathrooms
- 7 Bedrooms
Partially Finished Basement
- Walk-Out Basement
- Partial Basement
Outdoor Features
- Patio
- Storage Shed
Schools
- Jefferson Elementary School
- F. Gavlak Middle School
- Wallington High School
Utilities
- Multiple cooling system units
- Forced Air Heating and Cooling System
- Multiple Heating Units
- Standard Electricity
- Gas Water Heater
Community Details
- 2,840 Sq Ft Building
Listing and Financial Details
- Assessor Parcel Number 1165-00029-0000-00004-0000-
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: Garden State MLS
MLS Number: 4003287
APN: 65-00029-0000-00004
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