532 Ringwood Ave, Wanaque Boro, NJ 07465
Passaic County
Key Facts
Description
This stunning, turn-key 3-family property has been completely renovated from top to bottom and is ready for its next owner. Featuring a total of 5 bedrooms and 5 bathrooms across three spacious units, it's the perfect setup as owner-occupy one unit while generating rental income, or for investors seeking a strong cash-flowing asset. Each unit boasts modern, high-end finishes including elegant quartz countertops in both the kitchens and bathrooms, sleek stainless steel appliances, and convenient washer/dryer hookups. You'll also enjoy central air conditioning for year-round comfort and fully split utilities meaning each unit has its own separate metering for electricity, gas, and water, which simplifies billing and maximizes landlord convenience. Outside, the property offers 5 private off-street parking spots a rare and valuable feature that adds convenience and appeal for residents.Best of all, the home is completely vacant and move-in ready. No tenants to take over, no repairs needed just immediate possession and endless possibilities. Live in one unit and rent the others, or lease all three for instant income potential.This beautifully updated multi-family gem combines modern living, low-maintenance ownership, and excellent investment value. Don't miss out schedule a showing today!
Property Information
Property Type
Residential Income
Sub-Type
Multi Family
Style
3-Three Story
Year Built
1940
Stories
3
Lot Size
0.09 acres
Days on Market
57
MLS® Listing#
4023405
Property Features
Cooling
Heating
Basement
Construction
Roof
Utilities
Sewer
Water Source
Financial Details
Annual Taxes
$12,669
Tax year 2025
Assessed Value
$185,000
Parcel Number
2513-00229-0000-00002-0000-
Directions
From I-287, exit toward Skyline Drive toward Wanaque, then connect to Ringwood Avenue.
Affordability Calculator
$191,980
Estimated monthly payment
$5,109/mo
Principal $767,920 · Est. interest $1,071,317 over 30 yrs
Neighborhood Market Statistics
How this home compares to active listings in Wanaque Boro, NJ
- $655,263
- Median Listing Price
- 29
- Median Days on Market
- 2,229
- Median Sq Ft
- $342
- Median Price / Sq Ft
- 1,211
- Active Listings
- This home’s price is 46% above the area median.
Market statistics compiled from active EXIT Realty® and MLS listings in Wanaque Boro, NJ.
Location
Points of Interest in Wanaque Boro, NJ
Showing the Wanaque Boro area map.
Nearby Schools
Wanaque Elementary School
Elementary · 0.2 mi away
Lakeland Regional High School
Secondary · 0.5 mi away
Haskell Elementary School
Elementary · 1.4 mi away
Peter Cooper Elementary School
Elementary · 1.4 mi away
Academy North
School · 2.4 mi away
Valley Middle School
Secondary · 2.9 mi away
Academies at Gerrard Berman Day School
Secondary · 3.0 mi away
St Catherine of Bologna Church
School · 3.0 mi away
Robert Erskine Elementary School
Elementary · 3.0 mi away
Martha B. Day Elementary School
Elementary · 3.1 mi away
Christ the King Nursery School
School · 3.2 mi away
Apple Montessori School
Elementary · 3.2 mi away
Dogwood Hill Elementary School
Elementary · 3.3 mi away
Pompton Lakes High School
Secondary · 3.4 mi away
Lakeside School
Secondary · 3.4 mi away
Pompton Lakes Supt of Schools
School · 3.4 mi away
Lenox Elementary School
Elementary · 3.4 mi away
Walter T. Bergen Middle School
Secondary · 3.5 mi away
Heights Elementary School
Elementary · 3.5 mi away
St Mary's Church
School · 3.5 mi away
Commute Calculator
Nearby Homes
Similar Homes Nearby
Similar Home Values
Comparable nearby listings and their asking prices.
| Address | Price | Beds | Baths | Sq Ft |
|---|---|---|---|---|
| 8 Cove Rd, Hopatcong Boro, NJ | $674,900 | 5 | 3 | — |
| 9 Bernath St, Carteret Boro, NJ | $675,000 | 4 | 2 | — |
| 14 Lakeview Ter, Sussex Boro, NJ | $675,000 | 4 | 4 | — |
| 15 Lynne Ave, Hawthorne Boro, NJ | $675,000 | 4 | 2 | — |
| 106 Brunswick Ave, Lebanon Boro, NJ | $675,000 | 4 | 3 | 3,305 |
| 33 Hillside Ave, Riverdale Boro, NJ | $675,000 | 4 | 3 | — |
Moving Cost Estimate
EXIT Agents in Wanaque Boro
Listing Courtesy: BLUE FLAGS REALTY LLC - 9733585132