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$780,000
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Property Description
Excellent legal 3 family investment opportunity perfect for both investors and owner occupants! Live in one unit while generating rental income from the other two. The first floor unit features two spacious bedrooms, a bright living room, dining room, a kitchen with island, and a full bathroom. The second floor unit offers two bedrooms, living room, and an eat-in kitchen with pantry, along with a full bath. The third floor unit is a large one-bedroom apartment with great space and natural light. Additional highlights include a detached two car garage plus extra parking, separate utilities for each unit, and a full unfinished basement with washer and dryer hookups for all three units. The property has been well maintained and is located in an unclassified flood zone, meaning FLOOD INSURANCE IS NOT REQUIRED. Conveniently situated near NYC transportation, shopping, and major highways, making it ideal for commuters and tenants alike. Property is being sold in as in condition. Don'€™t miss this great income-producing property with strong potential. Schedule your private showing today!
Full Property Details
Full Property Details for 131 Paterson Ave
General
- Sold For: $780,000
- Taxes: $12,624
- Status: Closed
- Type: Multi-Family
- Source: NJMLS
- MLS ID: 26007666
- Added to Site: 118 day(s) ago
Interior
- Number of Rooms: 12
Rooms
Bathrooms
- Total Bathrooms: 3
- Full Bathrooms: 3
Bedrooms
- Total Bedrooms: 5
Other Rooms
- Laundry: Basement
Parking
- Garage: Yes
- Garage Spaces: 2
Location
- Area: Wallington
- County: BERGEN
Utilities
- Utility Description: Sep Elec, Sep Gas, Sep Heat
Structural Information
- Architectural Style: 3 Family
Financial Considerations
- For Sale: Yes
- For Sale/Rent/Lease: For Sale
- Tax Amount: $12,624
Listed by RE/MAX Home Experts (973) 777-4663, Karolina Romaniak (718) 753-8803
Sold by RE/MAX Home Experts (973) 777-4663, Janusz Gajda
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Schools
Schools serving 131 Paterson Ave
School District:Wallington Borough School District
| Name | Grades | Distance |
|---|---|---|
Jefferson Elementary School, Wallington, NJ 6 Bond Street, Wallington, NJ 07057 | K-3 | 0 mi |
Frank W. Gavlak Elementary School 106 King Street, Wallington, NJ 07057 | K-6 | 0.6 mi |
Wallington Jr Sr High School 234 Main Avenue, Wallington, NJ 07057 | 7-12 | 0.5 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 131 Paterson Ave
Date
Details
Price
Change
Source
5/27/2026
Sold
$780,000
-2.37%
MLS
3/11/2026
Listed
$798,900
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
131 Paterson Avenue, Wallington, NJ 07057 (MLS# 26007666) is a Multi-Family property that was sold at $780,000 on May 27, 2026. Want to learn more about 131 Paterson Avenue? Do you have questions about finding other Multi-Family real estate for sale in Wallington? You can browse all Wallington real estate or contact a Coldwell Banker agent to request more information.

