55 Maple Ave, Wallington, NJ 07057-1026

This two-family residence at 55 Maple Ave in Wallington, NJ, presents a notable opportunity for investors or owner-occupants. Constructed in 1900, the property spans 1,360 square feet of building area and is situated on a lot measuring approximately 0.057 acres. The home is configured as two distinct units, each offering one bedroom and one bathroom. The first unit is located on the ground floor, while the second unit occupies the upper level. This layout provides flexibility for rental income generation or for occupying one unit while leasing the other.

The property includes a full basement that offers shared laundry facilities with a washer and dryer, as well as additional storage capacity for residents of both units. Heating is provided by a baseboard hot water system, fueled by natural gas, and cooling is managed through window air conditioning units. The exterior features vinyl siding and an asphalt shingle roof, with an open porch contributing to the home's character. On-street parking is available for residents and guests.

Each of the two units is designed with a functional living space, including an eat-in kitchen and a living room. Unit 1 also features a porch and a master bedroom, while Unit 2 includes a master bedroom. Both units are equipped with a gas range/oven and a refrigerator. Tenants are responsible for paying for electricity, gas, heat, and water in both units. The total square footage for each unit is approximately 655 square feet, contributing to the overall 1,360 square feet of finished living space.

The location of 55 Maple Ave offers significant commuting advantages. It provides convenient access to major roadways including Route 3, Route 21, Route 17, the Garden State Parkway, and I-80, facilitating travel throughout North Jersey and to New York City. Public transportation options are also readily available, with nearby NJ Transit bus routes and train stations. Residents will appreciate the proximity to Wallington's local amenities, including shops, restaurants, parks, and grocery stores, as well as the nearby shopping centers in Clifton, Garfield, and Rutherford.

Yearly taxes for the property are listed at $8,110. The property's assessed value includes $209,200 for the building and $141,100 for the land, totaling $350,300. Public utilities, including public water and public sewer, serve the residence. This property represents a versatile option for those seeking to expand their real estate portfolio or acquire a home with inherent income potential in a well-connected area.