For Multi Family

1101 Ringwood Ave,Wanaque Boro, NJ 07420-1514

April 2, 2026

Welcome to this beautifully renovated 4 family property, in a prime location on Ringwood Ave, offering a rare investment opportunity with strong rental appeal. The home features 4 spacious units, including two 3 bedroom 1 bathroom residences & two 2 bedroom, 1 bathroom residences. Major renovations were made just 4 years ago, showcasing modern finishes and thoughtful updates throughout. 1 unit is partially renovated. Residents of the lower-level units enjoy direct access to a shared backyard, perfect for outdoor living and entertaining. An unfinished basement provides additional storage space and includes a dedicated camera room, with a full security system and cameras installed around the property for peace of mind. Major improvements have already been completed, including a new roof, siding, and windows, ensuring long-term durability and low maintenance. With its updated interiors, excellent layout, and strong income potential, this 4 family property is a turnkey opportunity for both investors and owner-occupants alike. Fully rented.

Property ID:PT-34672734-AXZR

Offer Type:For Multi Family

Property Type:Multi-Family

Price: 1,079,000 $

Bedrooms:10

Year Built:1920

Listing Details

Status: Active

Location

County: Passaic

Lotsize: 50X100

Lot Identifier: 6

Home Details

Open Parking: 0

Basement: Yes

Renovated: 2021

Basmnt/Desc: Yes - Unfinished

Acreage: 0.11

Total Baths: 4.00

Unit Style: Fourplex

Number of Units: 4

Rooms: 14

Easement/Desc: Unknown

Exterior Description: Vinyl Siding

Roof Description: Flat

Possesion: flex

Unit 1 Appliances/Equipment: Microwave Oven, Range/Oven - Gas, Refrigerator

Unit 1 Levels: 2

Unit 1 Rooms: 6

Unit 1 Beds: 3

Unit 1 Baths: 1.0

Unit 1 Owner/Tenant Pays: Owner Pays Water, Tenant Pays Electric, Tenant Pays Gas, Tenant Pays Heat

Unit 1 Handicap: No

Unit 1 Rent: 2000

Unit 1 Room Description: Bedrooms, Kitchen, Living Room

Unit 1 Security Deposit: 2850

Unit 2 Appliances/Equipment: Microwave Oven, Range/Oven - Gas, Refrigerator

Unit 2 Levels: 1

Unit 2 Rooms: 5

Unit 2 Beds: 2

Unit 2 Baths: 1.0

Unit 2 Owner/Tenant Pays: Owner Pays Water, Tenant Pays Electric, Tenant Pays Gas, Tenant Pays Heat

Unit 2 Handicap: No

Unit 2 Rent: 1550

Unit 2 Room Description: Bedrooms

Unit 3 Appliances/Equipment: Microwave Oven, Range/Oven - Gas, Refrigerator

Unit 3 Levels: 1

Unit 3 Rooms: 5

Unit 3 Beds: 2

Unit 3 Baths: 1.0

Unit 3 Owner/Tenant Pays: Owner Pays Water, Tenant Pays Electric, Tenant Pays Gas, Tenant Pays Heat

Unit 3 Handicap: No

Unit 3 Rent: 2100

Unit 3 Room Description: Bedrooms, Kitchen, Living Room

Unit 3 Security Deposit: 3000

Unit 4 Appliances/Equipment: Microwave Oven, Range/Oven - Gas, Refrigerator

Unit 4 Levels: 2

Unit 4 Rooms: 6

Unit 4 Beds: 3

Unit 4 Baths: 1.0

Unit 4 Owner/Tenant Pays: Owner Pays Water, Tenant Pays Electric, Tenant Pays Gas, Tenant Pays Heat

Unit 4 Handicap: No

Unit 4 Rent: 2000

Unit 4 Room Description: Bedrooms, Kitchen, Living Room

Unit 4 Security Deposit: 2850

Color of Building: Tan

Block Identifier: 437

County Number: 25

Town Number: 2513

YB/Desc: 1920 - Renovated, Standing

Color of Building: Tan

Easement: Unknown

Parking/Driveway Description: On-Street Parking

Block Identifier: 437

County Number: 25

Town Number: 2513

Possession: flex

Taxes, Fees & Assessments

Gross Operating Income: 90000

Net Operating Income: 68050

Expense Include: Cold Water, Taxes

Tax ID For Property: 2513-00437-0000-00006-0000-

Tax Amount: $16,284.00

Tax Year: 2025

Tax Rate: 4.541%

Tax Rate Year: 2025

Land Assessment: $72,400.00

Building Assessment: $286,200.00

Total Assessment: $358,600.00

FHA Age Restricted: No

Utilities

Heat Source: Gas-Natural

Heat System: Radiators - Hot Water

Cool System: Window A/C(s)

Water: Public Water

Sewer: Public Sewer

Utilities: Gas-Natural

Type *

Date *

Time *

Your Name *

Phone *

Email *

Your Message *

For Multi Family

Multi-Family

538 N Maple Ave,East Orange City, NJ 07017-4620

630,250 $

N Maple Ave, East Orange City, Essex

Beds 6

For Multi Family

Multi-Family

5 Cedar St,North Arlington Boro, NJ 07031-5711

875,000 $

Cedar St, North Arlington Boro, Bergen

Beds 6

For Multi Family

Multi-Family

187 Joyce Kilmer Ave,New Brunswick City, NJ 0...

600,000 $

Joyce Kilmer Ave, New Brunswick City, Middlesex

Beds 4

For Multi Family

Multi-Family

105 Coolidge St,Irvington Twp., NJ 07111-1109

585,000 $

Coolidge St, Irvington Twp., Essex

Beds 4

For Multi Family

Multi-Family

824 MT PROSPECT,Newark City, NJ 07104-3893

800,000 $

MT PROSPECT, Newark City, Essex

Beds 8

For Multi Family

Multi-Family

19 Zabriskie Street,Haledon Boro, NJ 07508-1503

624,900 $

Zabriskie Street, Haledon Boro, Passaic

Beds 3

1,079,000 $

8 Views
0 Rating
0 Favorites
0 Share
0 Comments
0 Likes
0 Love
0 Dislike

+01-123-4567

Listing Details

1101 Ringwood Ave,Wanaque Boro, NJ 07420-1514

Description

Details