The perfect 2-family investment opportunity located close to the heart of Ridgewood where you can enjoy restaurants, shopping and easy transportation into NYC! This top-bottom colonial has has been completely renovated within the last 2 years with new kitchens, new baths and new flooring! The 1st floor offers 2 bedrooms, 1 bath, living room and eat-in kitchen. The 2nd floor features a living room, eat-in kitchen, primary bedroom and full bath while the 3rd floor has 2 additional bedrooms and room for an office or playroom. Large private backyard and patio and plenty of parking with a garage and carport. Each unit has separate washer & dryer, storage and utilities. This opportunity offers a positive cash flow and attractive cap rate.
Ridgewood is located in New Jersey. Ridgewood, New Jersey has a population of 25,991. Ridgewood is more family-centric than the surrounding county with 48.27% of the households containing married families with children. The county average for households married with children is 35.18%.
The median household income in Ridgewood, New Jersey is $194,256. 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 Ridgewood is 41.5 years.
The average high temperature in July is 82.5 degrees, with an average low temperature in January of 18.1 degrees. The average rainfall is approximately 47.6 inches per year, with 23.5 inches of snow per year.