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Off market
  • $1,040,700

    77 Lester St, Wallington, NJ 07057

    8beds
    3,183sqft
    MultiFamily
    Built in 1910
    -- sqft lot
    $1,040,700 Zestimate®
    $327/sqft
    $2,920 Estimated rent

    Home value

    $1,040,700

    $947,000 - $1.14M

    $2,920/mo

    Zestimate® history
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    $2,920/mo

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    $2,920/mo

    Rent Zestimate®

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    $6,995/mo

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    $6,995/mo

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    What's special

    Timing is everything when you consider purchasing a rare 4 family investment property with 8 bedrooms, 4 full baths, under market rents, and reasonable taxes. Month to month rents total a gross of $48,600 giving you a 6.3% cap rate. Be pleased by the condition of the home; the interior is clean and presentable. Roof is only 5 years old, water heaters only 3 years old, furnaces average only 4 years old and with PSEG's "WORRY FREE" service contracts on all four of them. This exciting investment property carries an active green card and is positioned in a great location. Tenants keep their home clean and presentable and pay their rent on time! It's December, the perfect time to invest. Book your showing and place your offers.

    This property is off market, which means it's not currently listed for sale or rent on Zillow. This may be different from what's available on other websites or public sources.

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 8
    • Bathrooms: 4
    • Full bathrooms: 4
    Heating
    • Baseboard, Gas
    Features
    • Basement: Unfinished, Walk-Out Access
    Interior area
    • Total interior livable area: 3,183 sqft

    Property

    Parking
    • Total spaces: 3
    Features
    • Exterior features: Vinyl
    Lot
    • Size: 5,009 sqft
    Details
    • Parcel number: 6500006000000007

    Construction

    Type & style
    • Home type: MultiFamily
    • Architectural style: Other-See Remarks, Colonial
    Condition
    • Year built: 1910

    Community & neighborhood

    Location
    • Region: Wallington

    HOA & financial

    Other financial information
    • Total actual rent: 3100

    Other

    Other facts
    • Heating: Baseboard, Gas, Hot Water
    • Basement: Unfinished, Walk-Out Access
    • HeatingYN: true
    • CoolingYN: true
    • Exclusions: All personal property
    • ConstructionMaterials: Block, Aluminum/Vinyl
    • Cooling: Window Unit(s)
    • ArchitecturalStyle: Other-See Remarks, Colonial
    • WaterSewerExpense: 1000
    • TotalActualRent: 3100
    • InsuranceExpense: 2400
    • ParkingFeatures: 3+ Cars, Tandem-Shared
    • MlsStatus: Active
    • TaxAnnualAmount: 10492
    • ListPriceLow: 550000

    Price history

    DateEventPrice
    3/12/2021Sold$620,000+12.7%$195/sqft
    Source: HCMLS #202027694 Report a problem
    12/16/2020Listing removed$550,000$173/sqft
    Source: LIBERTY REALTY LLC #202027694 Report a problem
    12/3/2020Listed for sale$550,000$173/sqft
    Source: LIBERTY REALTY LLC #202027694 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$31,228 +170%$918,200 +170%
    2024$11,567 +3.9%$340,100
    2023$11,128 +2.1%$340,100
    2022$10,897 +1.7%$340,100
    2021$10,710 +5.4%$340,100
    2020$10,159 +34.2%$340,100
    2019$7,572 $340,100
    2018$7,572 -22.1%$340,100
    2017$9,720 +4.5%$340,100
    2016$9,305 +5.4%$340,100
    2015$8,829 -16%$340,100
    2014$10,507 +6.4%$340,100 -28.6%
    2012$9,874 -2.1%$476,300
    2011$10,087 +4.1%$476,300 -13.3%
    2010$9,686 +4.3%$549,100
    2009$9,285 $549,100 +163.4%
    2007-- $208,500
    2006-- $208,500
    2005-- $208,500
    2004-- $208,500
    2003-- $208,500
    2002-- $208,500
    2001-- $208,500

    Find assessor info on the county website

    Neighborhood: 07057

    Nearby schools

    GreatSchools rating
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    Estimated market value
    $1,040,700
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    Estimated market value
    $1,040,700