545 Mola Blvd, Elmwood Park, NJ, 07407
About This Home
BUILDING FOR SALE. STORE & 2ND FLOOR 3 BEDROOM/2 BATH APARTMENT. SEPERATE ENTRANCE AND PARKING. USE YOUR IMAGINATION FOR USE OF THIS mixed-use property that is centrally located between several major highways, Route 80, Route 46 & Route 4 as well as the Garden State Parkway! Includes a commercial ground floor unit, currently rented since 2001 for $$6,250/m-m, as a liquor store/deli, lottery, etc. 2nd floor 3/2 apartment, could be for owner or to rent for $2800 m-m + 8 car parking for commercial unit and up to 4 car parking for rental apartment which includes 3 bedrooms, 2 baths, laundry, living room, dining room and eat in kitchen. Kitchen and baths in the apartment have been updated, new appliances. Separate utilities, 1 water bill split between 2 units. Central air in commercial unit, window units on 2nd floor. Driveway for commercial unit was re done in 2020. Rental apartment driveway and retaining wall were re done in 2024. Electrical panels were updated in 2022. Building Insurance, $6,600/yr.
Getting Around
Very Walkable
Some Transit
Somewhat BikeableSchools
Construction
Materials
- Roof: Flat
Type & Style
- Home type: Apartment
- Property subType: Mixed Use
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
- Winter Weather
- Cold Wave
- Earthquake
- Heat Wave
- Inland Flooding
- Lightning
- Strong Wind
- Tsunami
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 | $8,090 | $97,080 |
| Home Insurance * | $352 | $4,224 |
| Property Taxes | $2,520 | $30,240 |
| Electricity | $193 | $2,318 |
| Total | $11,155 | $133,860 |
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)
No zestimate history available
Price History
| Date | Event | Price |
|---|---|---|
| 2026-04-20 | Listed for sale | $1,600,000 |
| 2025-08-14 | Listing removed | $1,800,000 |
| 2025-02-13 | Listed for sale | $1,800,000 |
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