2-4 Family Home For Sale in Ridgefield Park, NJ
MLS# : 25030186
PROPERTY DETAILS
PROPERTY DESCRIPTION
Welcome to this spacious two-family investment property that will be delivered vacant, offering excellent rental income potential or the perfect setup for someone to live in one unit and rent out the other to offset the mortgage. Each unit features two bedrooms, a full bath, formal dining room, and living room. Unit one boasts an additional full bath in the large basement with two private entry points, a recreation room, and a tankless water heater, plus a bright sunroom perfect for entertaining. Unit two includes a private balcony deck ideal for outdoor gatherings. The home is energy-efficient with leased solar panels at just $103/month, resulting in little to no electric bill. Recent windows, a fenced backyard, a two-car garage, and a driveway that accommodates over six cars add to the appeal. Situated on an oversized 7,500 sq ft lot, this property offers both comfort and convenience with plenty of living space from top to bottom. Best of all, it’s only a nine-minute drive to the George Washington Bridge into New York City, with easy access to all major highways including Routes 80 and 95.
Amenities
This listing is a courtesy of Real
855-450-0442 office, listing agent Michael Wilches
About Ridgefield Park, NJ Real Estate Market
Ridgefield Park is one of the only four places in New Jersey operating a Walsh Act village type of government among the 565 municipalities statewide. The formation of the village started in 1892 within the Ridgefield Township, based on the results of a referendum that came out in the same year. The village of Ridgefield gained portions from Ridgefield Township only for the establishment of Ridgefield Park as a new village. In 1897, Overpeck Township was created to co-exist with Ridgefield Park, which became Ridgefield Park Township in 1938. The naming of the Ridgefield is derived from the name of the area’s terrain.
Given that it is a village, the New Jersey real estate options are limited here, with the Ridgefield village mostly having small-sized homes for sale preferred in New Jersey by nuclear families. On every Fourth of July, Ridgefield Park hosts a community parade, the oldest event taking place every year in New Jersey.
| Population: | 12,729 |
| Total Housing Units: | 5,164 |
| Single Family Homes: | 2,866 |
| General Tax Rate (2023): | 2.945% |
| Effective Tax Rate (2023): | 2.556% |
| Compare To Other Towns |
Ridgefield Park Market Indicators
PRICE INDEX
| Average Price* (12mo): | $599,675 |
| Homes Sold* (12mo): | 53 |
SINGLE FAMILY HOME SALES
Ridgefield Park, NJ
REAL ESTATE TAXES
| General Tax Rate (2023): | 2.945% |
| Effective Tax Rate (2023): | 2.556% |
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MADISON ADAMSTM
Ridgewood, NJ 07450
201-760-1100 (office)
201-760-1102 (fax)
