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Mixed-Use Property with Apartments
New
For Sale
$985,000

15 Wallington Ave, Wallington, NJ 07057

Vacant commercial and residential building with parking, kitchen infrastructure, and access to multiple regional routes.

Property SizeContact for details
Days on Market2

Property Features for 15 Wallington Ave

General Information

Standard status Active
Property subtype Multi Family

Units

Unit Mix 1 x 2BR/1BA, 1 x 1BR/1BA
Multifamily Units 2

Additional Details

Highway Access Yes

Taxes and HOA fees

Annual Taxes $12,242

Amenities

central air conditioning
commercial kitchen hood
high ceilings
open layout
off-street parking

Building Details

Year Built 1900
Units 3
Listing Agency: Lencioni Real Estate LLC
Listed By: JONATHAN JIMENEZ CARDONA · License #311736
Source: Elliman
Added: Aug 8 Changed: Aug 9 Last Checked: Aug 9 at 3:29PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Lencioni Real Estate LLC

Investment Insights

Based on property information with market context.

This vacant mixed-use building contains approximately 3,000 square feet of ground-level commercial space and two residential apartments. The commercial area has central air conditioning, a commercial kitchen hood, high ceilings, and an open interior arrangement. One apartment includes 2 bedrooms and 1 full bathroom with shared common areas; the other has 1 bedroom and 1 full bathroom. The property also provides off-street parking for multiple vehicles and was built in 1900.

Located at 15 Wallington Ave in Wallington, the property offers access to Route 21, Route 3, Route 80, and Route 46, with transportation connections toward New York City and surrounding areas. A proposal for conversion and expansion to a 9-unit residential building is available, but the plans are not approved. The property will be delivered fully vacant, and buyer due diligence is required.

Key Highlights

  • Approximately 3,000 square feet of ground‑level commercial space with two residential apartments
  • Commercial area includes central air conditioning, a kitchen hood, high ceilings, and an open layout
  • Residential units offer 2 bedrooms and 1 full bathroom, plus 1 bedroom and 1 full bathroom

Property Analytics

Current Use

Comeback Church Church

Suggested Use

Top Pick Real Estate Agency Nursing Home Veterinary Clinic Tanning Salon Tattoo & Piercing Shop (Bike/Boat/Book/etc) Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

2
Residential units
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

1,079
Businesses Nearby

Demographics for 07057, NJ

11,868
Population
5,153
Households
2.3
Avg Household Size
41
Median Age
37%
College-Educated
93%
High-School Grad
1.0 sq mi
ZIP Area
11,868
Density / Sq Mi
$82,422
Median Household Income
$53,693
Median Earnings
$1,568
Median Rent
$493,700
Median Home Value

Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025
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Frequently Asked Questions

What type of property is this?
Mixed-use property - Vacant commercial and residential building with parking, kitchen infrastructure, and access to multiple regional routes.
Where is this mixed-use property located?
The property is located at 15 Wallington Ave Wallington, NJ.
What is the asking price?
The asking price for this property is $985,000.
What are key features of this property?
This property features: Approximately 3,000 square feet of ground‑level commercial space with two residential apartments; Commercial area includes central air conditioning, a kitchen hood, high ceilings, and an open layout; Residential units offer 2 bedrooms and 1 full bathroom, plus 1 bedroom and 1 full bathroom
More about this property
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