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Listed by Qizhan Yao Realmart Realty, LLC
$279,000
Est. payment /mo
3 Beds
1 Bath
Open Sun 1PM-3PM
176 Margaret King AVE Ringwood, NJ 07456
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Open House
Sun May 10, 1:00pm - 3:00pm
UPDATED:
Key Details
Property Type Single Family Home
Sub Type Colonial
Listing Status Active
Purchase Type For Sale
MLS Listing ID 26016298
Style Colonial
Bedrooms 3
Full Baths 1
Annual Tax Amount $1,814
Property Sub-Type Colonial
Property Description
Updated half-duplex set on 1.02 acres with exceptionally low property taxes, offering a rare combination of value, space, and privacy. Enjoy serene, open views of nature from the large front yard. This sun-filled home features three well-sized bedrooms (each with two windows), one full bathroom, a living room and an eat-in kitchen. A dedicated storage room and a high-ceiling basement with two new windows provide excellent potential for additional living space or future customization. The property also offers a large porch and an expansive front yard, ideal for gardening or outdoor enjoyment. A long driveway and ample private parking accommodate more than five vehicles. Excellent income-producing opportunity. Currently rented month-to-month to a Section 8 tenant generating $1,585 in monthly rental income. Strong potential to achieve significantly higher rental income. The property can also be delivered vacant. Conveniently located near parks, schools, shopping, and local amenities. Close to NJ Botanical Gardens and Ringwood State Park.
Location
State NJ
County Passaic
Rooms
Basement Partial
Interior
Heating Baseboard, Oil
Cooling Win/AC
Exterior
Parking Features Park Space
Pool None
Waterfront Description None
Building
Lot Description Regular
Schools
Elementary Schools Hewitt
High Schools Lakeland
Others
Ownership Private
Virtual Tour https://drive.google.com/file/d/1euvnzcbj0-LzRS3MNo2NeHKedlhcOONI/view?usp=sharing

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