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Renovated 4-Unit Quadplex
For Sale
$999,995

1099 Ringwood Ave, Wanaque, NJ 07420

Fully rented residential income property with updated interiors, security equipment, and shared backyard access for lower-level residents.

Property SizeContact for details
Days on Market14

Property Features for 1099 Ringwood Ave

General Information

Standard status Active
Property subtype Multi Family
Occupancy 100%

Units

Unit Mix 2 x 3BR/1BA, 2 x 2BR/1BA
Multifamily Units 4

Taxes and HOA fees

Annual Taxes $16,284

Amenities

shared backyard
security cameras
storage space

Building Details

Year Built 1920
Units 4
Listing Agency: The Agency One Rock-Paramus
Listed By: TAYLOR C. LUCYK
Source: Elliman
Added: Aug 18 Changed: Aug 30 Last Checked: Aug 30 at 10:42PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of The Agency One Rock-Paramus

Investment Insights

Based on property information with market context.

This four-unit residential property includes two three-bedroom, one-bath residences and two two-bedroom, one-bath residences. Major renovations were completed 4 years ago, with modernized interiors throughout; one unit remains partially renovated. Exterior improvements include a new roof, siding, and windows. The property was built in 1920 and is fully rented.

Lower-level units have direct access to a shared backyard. An unfinished basement provides storage and contains a dedicated camera room, while a full security system and exterior cameras are installed around the property. Located at 1099 Ringwood Ave in Wanaque, the property has a bike score of 63 and a walk score of 69.

Key Highlights

  • Four units: two 3‑bedroom, 1‑bath residences and two 2‑bedroom, 1‑bath residences
  • Major renovations completed 4 years ago; 1 unit is partially renovated
  • Fully rented residential income property

Property Analytics

Current Use

Quadplexes

Suggested Use

Top Pick Real Estate Agency Law Firm Restaurant Dental Office Auto Repair Shop Spa & Massage Center

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

4
Residential units
100%
Occupancy

Location Intelligence

Trade Area within ½ mile

141
Businesses Nearby

Demographics for 07420, NJ

5,053
Population
1,873
Households
2.7
Avg Household Size
42
Median Age
33%
College-Educated
92%
High-School Grad
2.4 sq mi
ZIP Area
2,105
Density / Sq Mi
$106,915
Median Household Income
$49,313
Median Earnings
$1,788
Median Rent
$344,700
Median Home Value

Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025
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Frequently Asked Questions

What type of property is this?
Quadplex - Fully rented residential income property with updated interiors, security equipment, and shared backyard access for lower-level residents.
Where is this quadplex located?
The property is located at 1099 Ringwood Ave Wanaque, NJ.
What is the asking price?
The asking price for this property is $999,995.
What are key features of this property?
This property features: Four units: two 3‑bedroom, 1‑bath residences and two 2‑bedroom, 1‑bath residences; Major renovations completed 4 years ago; 1 unit is partially renovated; Fully rented residential income property
More about this property
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