381 Mola, Elmwood Park, NJ 07407
Listing Courtesy of iDentity Properties
$530000
Potential Rebate: $7,950
Overview
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.
Estimated Monthly Payment
$3,302 per month
30 year fixed, 6.28% Interest
Estimated Rebate for this Home
One-time rebate at closing
$7,950
Monthly savings impact
$22/mo
Effective Purchase Price
$522,050
(Home Price - Estimated Rebate)
💡 Estimated rebate from our commission
The rebate is paid to you at closing and can help offset closing costs or other expenses.
Calculator Disclaimer: Commission structures vary by property, developer, and transaction. Resale properties typically offer around 3% buyer-side commission, and new developments around 5%, but this is not guaranteed. New developments are often open to negotiation, and each property and transaction is unique. Rebate amounts shown are estimates only. Please confirm commission terms and rebate eligibility with Regis Roumila for the specific property you are interested in. This information is not provided by the Real Estate Board of New York (REBNY).
The data relating to the real estate for sale on this web site comes in part from the Internet Data Exchange Program of the NJMLS. Real estate listings held by brokerage firms other than RLS Data display by Real Estate Rebate Team LLC. are marked with the Internet Data Exchange logo and information about them includes the name of the listing brokers. Some properties listed with the participating brokers do not appear on this website at the request of the seller. Listings of brokers that do not participate in Internet Data Exchange do not appear on this website.
Source: New Jersey Multiple Listing Service, Inc.
"© 2025 New Jersey Multiple Listing Service, Inc. All rights reserved".
The Real Estate Rebate Team
Listing Courtesy of iDentity Properties
Data Source: NJMLS #26000347
Why Buy With Us
Rebates Up To
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Listings
The data relating to the real estate for sale on this web site comes in part from the Internet Data Exchange Program of the NJMLS. Real estate listings held by brokerage firms other than RLS Data display by Real Estate Rebate Team LLC. are marked with the Internet Data Exchange logo and information about them includes the name of the listing brokers. Some properties listed with the participating brokers do not appear on this website at the request of the seller. Listings of brokers that do not participate in Internet Data Exchange do not appear on this website.
Source: New Jersey Multiple Listing Service, Inc.
"© 2025 New Jersey Multiple Listing Service, Inc. All rights reserved".
The Real Estate Rebate Team
Listing Courtesy of iDentity Properties
Data Source: NJMLS #26000347
Price Analysis
Compare average listing prices and value metrics for 381 Mola, Elmwood Park, NJ 07407 against the surrounding Elmwood Park Borough market.
Average List Price
Price Per SqFt
Insufficient size data available to calculate Price Per SqFt comparisons for this specific selection.
8.31% Higher
than the Elmwood Park Borough price average
This this home commands a premium compared to the neighborhood baseline. This typically indicates superior amenities, newer construction, or prime positioning within Elmwood Park Borough.
