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Executive Summary

Spacious and versatile two-family home featuring a desirable in-law suite layout. Combined ground floor and first-floor living space (Unit 1) offers 4 bedrooms and 3 full bathrooms, including 1 full bathroom on the ground floor, along with an additional bedroom and a recreation room/family room or home office. The ground level also includes a separate shared laundry area and garage access.The second-floor unit offers 3 generously sized bedrooms, 2 full bathrooms, a walk-in closet, and a dedicated storage room. 2 car garage.

Financial Summary (Actual - 2025)

Annual Annual Per SF
Gross Rental Income $75,600 $25.67
Other Income - -
Vacancy Loss - -
Effective Gross Income $75,600 $25.67
Taxes $15,471 $5.25
Operating Expenses - -
Total Expenses $15,471 $5.25
Net Operating Income - -

Financial Summary (Actual - 2025)

Gross Rental Income
Annual $75,600
Annual Per SF $25.67
Other Income
Annual -
Annual Per SF -
Vacancy Loss
Annual -
Annual Per SF -
Effective Gross Income
Annual $75,600
Annual Per SF $25.67
Taxes
Annual $15,471
Annual Per SF $5.25
Operating Expenses
Annual -
Annual Per SF -
Total Expenses
Annual $15,471
Annual Per SF $5.25
Net Operating Income
Annual -
Annual Per SF -

Property Facts

Price $949,999
Price Per Unit $475,000
Sale Type Investment
Sale Condition 1031 Exchange
Gross Rent Multiplier 12.5
No. Units 2
Property Type
Multifamily
  • Multifamily Apartments
Lot Size 0.11 AC
Building Size 2,945 SF
Average Occupancy 50%
No. Stories 3
Year Built 1985
Parking Ratio 1.36/1,000 SF
Zoning R2 - Two Family Residential

Amenities

Site Amenities

  • 24 Hour Access

Unit Mix Information

Description No. Units Avg. Rent/Mo SF
4+3 1 $3,500 -
3+2 2 $2,800 -
Very walkable
80/100
Moderately drivable
60/100
Some public transit
50/100
Fairly bikeable
50/100
  • Listing ID: 40775505

  • Date on Market: 6/3/2026

  • Last Updated:

  • Address: 33 William St, Wallington, NJ 07057

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