Ridgewood NJ Multi Family for Sale
$950,000
327 FRANKLIN AVE Ridgewood, NJ 07450
- Type:
- Multi-Family
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- 5
- Lot size:
- 0.21 Acres
- Year built:
- 1923
- Baths:
- 2.00
- MLS#:
- 3923407
View additional info
Courtesy: TERRIE O'CONNOR REALTORS
201-934-0600
ADDITIONAL INFORMATION
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.
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Ridgewood Real Estate
The median home value in Ridgewood, NJ is $898,200. 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 $898,200. 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 07450 has a population of 25,991. Ridgewood 07450 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 07450 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 07450 is 41.5 years.
Ridgewood Weather
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.