




9 Walnut St, Little Falls, NJ, 07424
About This Home
Rare opportunity to own a 2-family investment property in the highly desirable Little Falls Twp. Conveniently located near downtown shops, restaurants, parks, public library, municipal offices, schools, NJ Transit train service, local bus transportation, and major highways, this property offers exceptional convenience and strong long-term rental appeal. This charming 3-story multifamily home features two spacious apartments, each offering an EIK, DR, LR, full bathroom, in-unit laundry, and U-2 1 BR with loft U-1 2 BR. The property retains its classic character while providing the modern conveniences today's tenants desire. The floor plans feature generous living and dining spaces, dedicated kitchens, and additional basement storage for first floor tenant. The building is equipped with separate gas and electric meters, separate boilers, and separate water heaters, providing ease of management and utility allocation. Both units enjoy front and rear access, and the property offers more than four off-street parking spaces located at the rear of the property. Currently tenant-occupied with leases in place, the first-floor unit has recently signed a one-year lease, while the second-floor unit is occupied on a month-to-month basis. This presents an excellent opportunity for investors seeking immediate cash flow with future flexibility. Opportunities like this in Little Falls are increasingly difficult to find so schedule your private showing today!
Getting Around
Schools
Construction
Condition
- Year built: 1910
Materials
- Roof: Asphalt Shingle
- Construction materials: See Remarks
Type & Style
- Home type: MultiFamily
- Property subType: Multi Family
Interior
Appliances
- Appliances included: Dryer,Washer,Gas Water Heater
- Laundry features: Laundry Room
Basement
- Has basement: Yes
- Basement: Yes,Bilco-Style Door
Bedrooms & Bathrooms
- Bedrooms: 4
- Bathrooms: 2
- Full bathrooms: 2
Features
- See Remarks,Bedrooms,Dining Room,Eat-in Kitchen,Family Room,Kitchen,Attic,Eat-In Kitchen,Rec Room
Heating & Cooling
- Heating features: 2 Units,Radiators - Steam,Natural Gas
- Cooling features: Wall Unit(s)
Interior Area
- Total structure area: 0
Property
Details
- Parcel number: 2505000990000000390000
Features
- Levels: Two
- Stories: 2
- Exterior features: See Remarks
Lot
- Lot size: 5,662 sqft
- Features: Level
- Lot size dimensions: 45 x 130
Parking
- Total spaces: 6
- Parking features: 1 Car Width,Asphalt
- Uncovered spaces: 6
Climate Risk is Financial Risk
Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.
Biggest Threats for This Home
- Inland Flooding
- Strong Wind
- Winter Weather
How This Home’s Risks Compare
FEMA Declared Disasters Across New Jersey Counties
Understanding the Costs
Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.
Estimated Costs Today
| Monthly | Annual | |
|---|---|---|
| Mortgage | $3,483 | $41,796 |
| Home Insurance * | $156 | $1,872 |
| Property Taxes | $1,297 | $15,564 |
| Electricity | $193 | $2,318 |
| Total | $5,129 | $61,548 |
Income You'd Need if You Spent...
New Jersey FAIR Plan Programs
How Costs Could Change Over Time
Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.
Comparing Against the Market
Price Per Sq Ft
vs Other Active Listings
Avg $/sqft
vs Homes Sold Last Month
Median $/sqft
Current Market Trends
Median Price Per Square Foot
The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.
Historicals for This Listing
Zestimate History ($/sqft)
Price History
| Date | Event | Price |
|---|---|---|
| 2026-06-24 | Listed for sale | $689,000 |
| 2018-12-28 | Listing removed | $1,490 |
| 2018-12-08 | Price change | $1,490 |
| 2018-11-14 | Price change | $1,550 |
| 2018-10-15 | Listed for rent | $1,600 |
| 2018-07-14 | Listing removed | $1,600 |
| 2018-06-20 | Listed for rent | $1,600 |
| 2009-09-21 | Sold | $330,000 |
