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$505,000
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Property Description
Time to start off the New Year with a smart investment opportunity! This well-maintained two-family home is located on a beautiful, tree-lined street in desirable Elmwood Park, conveniently situated between Franklin Street and Linden Avenue and close to all amenities. Ideal for an owner-occupant or investor, this property offers the option to live in one unit and rent the other or enjoy an income-producing asset with strong upside potential. Hardwood floors throughout, separate utilities, and a one-car detached garage with additional storage add to the appeal.The first-floor unit features a large foyer, one bedroom, kitchen, living room/dining room combination, and one full bathroom. The second-floor unit offers a studio-style, open-concept layout with kitchen, living room/dining room combination, hardwood floors, a full bathroom, and a small attic area currently being used as a sleeping space.Conveniently located near shopping, dining, parks, and recreation, with easy access to Routes 46, 80, and the Garden State Parkway. NJ Transit bus service nearby provides convenient transportation to New York City and surrounding areas. Close to Gilbert Avenue Elementary School, Elmwood Park Memorial Middle School, and Memorial Senior High School. Below-market rents provide excellent value-add potential. A great opportunity to own a versatile multi-family property in a sought-after Bergen County location.
Full Property Details
Full Property Details for 381 Mola Blvd
General
- Sold For: $505,000
- Taxes: $8,194
- Status: Closed
- Type: Multi-Family
- Source: NJMLS
- MLS ID: 26000347
- Added to Site: 105 day(s) ago
Interior
- Number of Rooms: 6
Rooms
Bathrooms
- Total Bathrooms: 2
- Full Bathrooms: 2
Bedrooms
- Total Bedrooms: 1
Other Rooms
- Laundry: None
Parking
- Garage: Yes
- Garage Spaces: 1
Location
- Area: Elmwood Park
- County: BERGEN
Utilities
- Utility Description: Other (See Remarks), Sep Elec, Sep Gas, Sep Heat
Structural Information
- Architectural Style: 2 Family
Financial Considerations
- For Sale: Yes
- For Sale/Rent/Lease: For Sale
- Tax Amount: $8,194
Listed by iDentity Properties (833) 443-3684, Jason Brown (908) 937-4667
Sold by EXP Realty, LLC (866) 201-6210, Shawn McEnteer
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Schools
Schools serving 381 Mola Blvd
School District:Elmwood Park Borough School District
| Name | Grades | Distance |
|---|---|---|
Gilbert Avenue Elementary School 151 Gilbert Avenue, Elmwood Park, NJ 07407 | K-5 | 0.5 mi |
Sixteenth Avenue Elementary School 73 16th Avenue, Elmwood Park, NJ 07407 | PK-5 | 0.9 mi |
Gantner Avenue Elementary School 99 Roosevelt Avenue, Elmwood Park, NJ 07407 | PK-5 | 0.9 mi |
Elmwood Park Middle School 375 River Drive, Elmwood Park, NJ 07407 | 6-8 | 0.7 mi |
Memorial Sr High School 375 River Drive, Elmwood Park, NJ 07407 | 9-12 | 0.7 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 381 Mola Blvd
Date
Details
Price
Change
Source
3/31/2026
Sold
$505,000
7.45%
MLS
1/13/2026
Price Reduced
$470,000
-11.32%
MLS
1/04/2026
Listed
$530,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
381 Mola Boulevard, Elmwood Park, NJ 07407 (MLS# 26000347) is a Multi-Family property that was sold at $505,000 on March 31, 2026. Want to learn more about 381 Mola Boulevard? Do you have questions about finding other Multi-Family real estate for sale in Elmwood Park? You can browse all Elmwood Park real estate or contact a Coldwell Banker agent to request more information.

