Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    450 Skyline Lake Dr Ringwood, NJ 07456

    Sponsored
    For Sale
    $399,000

    Ranch, Raised - Ringwood, NJ

    Type:Ranch
    Lot size:
    0.23 Acres
    Days on Market:
    16
    Last Refresh:
    Feb 3 at 10:06 am

    Property Features for 450 Skyline Lake Dr

    General Information

    Property type
    Residential
    Property subtype
    Ranch
    Standard status
    Active
    Rooms
    Bathroom 1, Bathroom 2, Bedroom 1, Bedroom 2
    Bedrooms
    2
    Bathrooms
    2
    Lot size
    0.23 Acres

    Utilities

    Heating system
    Baseboard, Natural Gas
    Cooling system
    None (Cooling)

    Building Details

    Building materials
    Brick, Stone
    Architectural style
    Ranch

    We can help!

    Listing Contact
    Jonathan Jimenez Cardona
    Jonathan Jimenez Cardona

    Lencioni Real Estate LLC (201) 592-8900

    Listing agent Jonathan Jimenez Cardona (201) 592-8900

    Listing date Jan 19, 2026

    MLS# 26002106 Listing URL

    Copyright © 2026 New Jersey MLS Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Learn more

    Property Insight Report

    Overview

    Ringwood Ranch Home Near Skyline Lake

    This single-family home in Ringwood, NJ, presents an investor-friendly opportunity with a mother-daughter style layout. Situated on a 100x100 double lot, the property offers potential for expansion, updates, or reconfiguration. The home includes 3 bedrooms and 2 full bathrooms with a flexible layout. The ground level features 1 bedroom, a full bathroom, a breakfast room, and a laundry room with walk-out access. The second floor offers 2 additional bedrooms, a full bathroom, a formal living room with a wood-burning fireplace, a formal dining room, a formal kitchen, and a bonus family room. A walk-up attic provides additional storage space. A newer septic system was installed in 2025. Located directly across from Skyline Lake, residents have the option to join an active homeowners association with a clubhouse, beach, boating, and swimming. Ringwood offers restaurants, state parks, fishing, kayaking, and hiking trails. The NYC express park and ride is located minutes away.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Single family properties

    Suggested Use

    Law Firm Restaurant Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Pharmacy Auto Repair Shop Accounting Firm

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Ringwood
    County
    Passaic
    State
    New Jersey
    Longitude
    -74.2746011
    Latitude
    41.0674579

    Nearby Similar for Sale

    • $599,000

      Lakefront Home with Expansion Potential

      Charming lakefront home in amenity-rich community with lake access.
      83 Lakeview Ave, Ringwood, NJ 07456
      View Details
    • $339,000

      Ringwood Property Near Cupsaw Lake

      Property in Ringwood's Cupsaw Lake community with lake access.
      78 Woodland Rd, Ringwood, NJ 07456
      View Details
    • Contact for pricing
      10,000 SF

      Ringwood Office Building For Sale

      10,000 SF office building with owner-occupied suite.
      14 Countryside Ln, Ringwood, NJ 07456
      View Details
    • Contact for pricing

      Ringwood Commercial Property Opportunity

      Lakefront Business Space - Flexible Layout
      1 Cupsaw Dr, Ringwood, NJ 07456
      View Details

    FAQs

    What type of property is this?
    Single family property - Single-family home with mother-daughter layout, near Skyline Lake.
    Where is this single family property located?
    The property is located at 450 Skyline Lake Dr Ringwood, NJ.
    What is the asking price?
    The asking price for this property is $399,000.
    What are key features of this property?
    This property features: - Rare 100x100 double lot offers significant potential.; - Mother-daughter style layout with ground-level walk-out including a bedroom, full bathroom, breakfast room, and laundry room.; - Located directly across from Skyline Lake, with optional membership to a homeowners association offering lake access, a clubhouse, and a beach.
    (347) 612-2803
    Request Owner's contact information
    450 Skyline Lake Dr Ringwood, NJ 07456
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    450 Skyline Lake Dr
    Ringwood, NJ 07456
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    450 Skyline Lake Dr Ringwood, NJ 07456
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    We can help!
    Listing Contact
    Jonathan Jimenez Cardona
    Jonathan Jimenez Cardona
    (347) 612-2803
    Learn more
    Google sign-in failed. Please try again or use another login method.