Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search

    242 Main Ave Wallington, NJ 07057

    New
    For Sale
    $641,000

    Multi-Family, 2-Two Story - Wallington Boro, NJ

    Lot size:
    0.12 Acres
    Days on Market:
    3
    Last Refresh:
    Dec 12 at 6:06 pm

    Property Features for 242 Main Ave

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Standard status
    Active
    Rooms
    Basement, Bathroom 1, Bathroom 2, Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 4, Kitchen, Living Room
    Bedrooms
    4
    Bathrooms
    2
    Parking
    4
    Parking features
    Driveway
    Interior features
    Carbon Monoxide Detector, Smoke Detector
    Exterior features
    Storage Shed
    Basement Y/N
    1
    Appliances
    Oven - Gas, Range
    Lot size
    0.12 Acres

    Utilities

    Cooling system
    None (Cooling)

    Building Details

    Year built
    1950
    Number of units
    2
    Building materials
    Aluminum Siding, Vinyl Siding
    Roof type
    Composition, Shingle
    Architectural style
    Other
    Additional Structures
    Packing Shed, Shed(s), Storage

    SERHANT New Jersey LLC (908) 656-1650 [email protected]

    Listing agent MICHAEL N TODARO (973) 315-5959

    Listing date Dec 10, 2025

    MLS# 4001116 Listing URL

    Copyright © 2025 Garden State MLS, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Two-Family Home with Potential

    This two-family home offers significant potential, with each unit featuring 5 rooms, 2 bedrooms, and one bathroom. An unfinished walk-up attic and a full unfinished basement provide additional space. The first floor will be delivered vacant, while the second-floor tenant is currently on a month-to-month lease. Each unit has separate heating, hot water, gas, and electric services. A driveway accommodates up to 4 cars. The property is conveniently located within walking distance of schools, public transportation, and shopping. Its location provides easy access to Highways 21, 17, 80, 46, the Garden State Parkway, and the New Jersey Turnpike. The property is not situated in a flood zone and is located in Wallington Boro, New Jersey.
    Property Profile Location Intelligence

    Current Use by Public Records

    Duplexes

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Gym & Fitness Building Supply

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Wallington
    County
    Bergen
    State
    New Jersey
    Longitude
    -74.10759
    Latitude
    40.85569

    Nearby Similar for Sale

    • $915,000
      0.17 Acres

      Multi-Family Investment Opportunity

      Two homes, detached garage, strong rental potential in Wallington.
      58 Hathaway St, Wallington, NJ 07057
      View Details
    • $915,000

      Multi-Structure Income Property

      Two homes and a garage offer strong rental potential.
      58 Hathaway St, Wallington, NJ 07057
      View Details
    • $149,000
      900 SF

      Turn-Key Restaurant Opportunity in Wallington

      Fully built-out restaurant/cafe with parking in Wallington, NJ.
      109 Locust Ave, Wallington, NJ 07057
      View Details
    • $500,000
      Pending

      Mixed-Use Property in Wallington, NJ

      Versatile property with bar, apartment, and development potential.
      77 Maple Ave, Wallington, NJ 07057
      View Details
    • $899,000

      Wallington Industrial Investment Opportunity

      3,500 SF industrial building on .43 acres in Wallington, NJ.
      8 Halstead Ave, Wallington, NJ 07057
      View Details
    • $548,888

      Renovated Income-Producing Two-Family Home

      Fully renovated, income-producing two-family home in Wallington, NJ.
      83 Anderson Ave, Wallington, NJ 07057
      View Details

    FAQs

    What type of property is this?
    Duplex - Two-family home near schools, transportation, and highways.
    Where is this duplex located?
    The property is located at 242 Main Ave Wallington, NJ.
    What is the asking price?
    The asking price for this property is $641,000.
    What are key features of this property?
    This property features: - First floor delivered vacant, offering immediate occupancy or rental opportunity.; - Separate utilities for each unit, simplifying management and tenant billing.; - Driveway parking for up to 4 cars.
    (973) 315-5959
    Request Owner's contact information
    242 Main Ave Wallington, NJ 07057
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    242 Main Ave
    Wallington, NJ 07057
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    242 Main Ave Wallington, NJ 07057
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.