Listing Agency: Gold Team Realty l***@yahoo.com Show Phone

Listed By: Luis H. Perez Show Phone

Source: Tarvinrealtors

Added: Jul 18 Changed: Aug 25 Last Checked: Aug 24 at 12:39PM

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Investment Insights

Based on property information with market context.

This beautifully maintained two-family home offers two separate units, and each unit includes two bedrooms and one full bath. The property is configured to support residential income with independent living spaces.

The home is located just minutes from major highways, with shopping, restaurants, schools, parks, and public transportation described as nearby.

Both units provide bright, comfortable living space with the same 2-bedroom, 1-bath layout.

Key Highlights

• Two‑family home built in 1952 with two well‑maintained units
• Each unit features 2 bedrooms and 1 full bath
• Property is described as generating rental income potential

Property Analytics

Current Use

Duplexes

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

2

Residential units

Yes

Highway access

Location Intelligence

Trade Area within ½ mile

141

Businesses Nearby

Explore this area Business Placement

Demographics for 07450, NJ

26,007

Population

9,166

Households

2.8

Avg Household Size

41

Median Age

81%

College-Educated

98%

High-School Grad

5.8 sq mi

ZIP Area

4,484

Density / Sq Mi

$217,250

Median Household Income

$102,692

Median Earnings

$2,340

Median Rent

$882,700

Median Home Value

Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022

4.6% 2023

5.3% 2024

5.6% 2025

Questions? Ask Rey

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What type of property is this? Where is this duplexes located? What is the asking price? Find similar properties ... What are key features of this property?

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Frequently Asked Questions

What type of property is this?

Duplex - Two well-maintained units each offer two bedrooms and one full bath, generating rental income potential.

Where is this duplex located?

The property is located at 1165 Ringwood Avenue Wanaque, NJ.

What is the asking price?

The asking price for this property is $625,000.

What are key features of this property?

This property features: Two‑family home built in 1952 with two well‑maintained units; Each unit features 2 bedrooms and 1 full bath; Property is described as generating rental income potential