Welcome to this grand 2-Family Ridgewood home, a newly renovated Foursquare Colonial in a highly coveted East Side neighborhood. This turnkey property blends classic Edwardian era details with upmarket amenities. The lower level dwelling presents sweeping living & entertainment space with 3 bedrooms/3 bathrooms on 3 separate floors: The parlor floor, with refinished, original appointments, exudes charm of a bygone era as you pass through the living room and formal dining room. The newly-renovated kitchen boasts marble countertops, custom cabinetry and brand new appliances. A half bathroom completes this floor. The 2nd floor provides 3 bedrooms & 1 full bathroom. A newly-finished basement affords additional living space options and a full bathroom. The upper level dwelling presents a bright, newly renovated 2 bedroom/1 full bathroom apartment, and potential extended family options. Just steps from Ridgewood Village, this property will command premium rent.
The perfect 2-family investment opportunity located close to the heart of Ridgewood where you can enjoy restaurants, shopping and easy transportation into NYC! This top-bottom colonial has has been completely renovated within the last 2 years with new kitchens, new baths and new flooring! The 1st floor offers 2 bedrooms, 1 bath, living room and eat-in kitchen. The 2nd floor features a living room, eat-in kitchen, primary bedroom and full bath while the 3rd floor has 2 additional bedrooms and room for an office or playroom. Large private backyard and patio and plenty of parking with a garage and carport. Each unit has separate washer & dryer, storage and utilities. This opportunity offers a positive cash flow and attractive cap rate.
The median home value in Ridgewood, NJ is $1,200,000. This is higher than the county median home value of $607,200. The national median home value is $338,100. The average price of homes sold in Ridgewood, NJ is $1,200,000. Approximately 79.14% of Ridgewood homes are owned, compared to 17.29% rented, while 3.57% are vacant. Ridgewood real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Ridgewood real estate agent to arrange a tour today!
Ridgewood, New Jersey has a population of 25,991. Ridgewood is more family-centric than the surrounding county with 48.27% of the households containing married families with children. The county average for households married with children is 35.18%.
The median household income in Ridgewood, New Jersey is $194,256. The median household income for the surrounding county is $109,497 compared to the national median of $69,021. The median age of people living in Ridgewood is 41.5 years.
The average high temperature in July is 82.5 degrees, with an average low temperature in January of 18.1 degrees. The average rainfall is approximately 47.6 inches per year, with 23.5 inches of snow per year.