Excellent investment opportunity in the heart of downtown Ramsey! This well-maintained three-family property is ideally located just two blocks from the NYC train station and vibrant town center with shopping, dining, and conveniences nearby. Each apartment features separate utilities, and the detached garage generates additional income, currently rented for $250 per month. A coin-operated washer and dryer are located in the basement for tenant use. The property is being sold strictly in "as is" condition. First-Floor Apartment: Spacious 2-bedroom, 1.5-bath unit with a front entrance from the main lobby and a rear entrance from the parking area. Second-Floor Apartment: 2-bedroom, 1-bath unit with a dedicated office. Features a front entrance from the main lobby and a rear side entrance. Third-Floor Apartment: 2-bedroom, 1-bath unit with access from the rear parking area to a private deck, as well as an interior entrance from the second-floor hallway. (photos of apt #1 are from prior rental listing when vacant)
Ramsey is located in New Jersey. Ramsey, New Jersey has a population of 14,801. Ramsey is more family-centric than the surrounding county with 45.06% of the households containing married families with children. The county average for households married with children is 35.18%.
The median household income in Ramsey, New Jersey is $156,473. The median household income for the surrounding county is $109,497 compared to the national median of $69,021. The median age of people living in Ramsey is 42.1 years.
The average high temperature in July is 81.3 degrees, with an average low temperature in January of 16.6 degrees. The average rainfall is approximately 49.6 inches per year, with 26.2 inches of snow per year.