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532 Ringwood Ave, Wanaque, NJ, 07465

5beds
5baths
0sqft
$899,999
--price/sqft
$6,740/moest. monthly cost
$269,600/yrincome needed

About This Home

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!

Getting Around

56
WalkingSomewhat Walkable
0
TransitVery Limited Transit
49
BikeSomewhat Bikeable

Schools

7/10
Wanaque Elementary SchoolGrades PK-80.2 mi
5/10

Construction

Condition

  • Year built: 1940

Materials

  • Roof: Asphalt Shingle
  • Construction materials: Vinyl Siding

Notable Dates

  • Major remodel year: 2025

Type & Style

  • Home type: MultiFamily
  • Property subType: Multi Family

Interior

Appliances

  • Appliances included: Dishwasher,Microwave,Range/Oven - Electric,Refrigerator,Microwave Oven

Basement

  • Has basement: Yes
  • Basement: Yes,Unfinished

Bedrooms & Bathrooms

  • Bedrooms: 5
  • Bathrooms: 5
  • Full bathrooms: 5

Features

  • Bedrooms,Kitchen,Storage,Living/Dining Room,Ceiling Fan(s)

Heating & Cooling

  • Heating features: Forced Air,Natural Gas
  • Cooling features: Central Air

Interior Area

  • Total structure area: 0

Property

Details

  • Parcel number: 2513002290000000020000

Features

  • Levels: 3-Three Story
  • Stories: 3

Lot

  • Lot size: 3,920 sqft
  • Lot size dimensions: 40 x 100

Parking

  • Total spaces: 5
  • Parking features: Parking Lot-Shared
  • Uncovered spaces: 5

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Inland Flooding
    Inland FloodingRelatively High
  • Cold Wave
    Cold WaveModerate
  • Lightning
    LightningModerate
  • Strong Wind
    Strong WindModerate
  • Winter Weather
    Winter WeatherModerate

How This Home’s Risks Compare

Inland Flooding
Cold Wave
Lightning
Strong Wind
Winter Weather

FEMA Declared Disasters Across New Jersey Counties

Fire
Severe Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $4,550$54,600
Home Insurance *$303$3,636
Property Taxes $1,694$20,328
Electricity $193$2,318
Total$6,740$80,880
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$231,085/yr
40% on housing$202,200/yr
45% on housing$179,733/yr

New Jersey FAIR Plan Programs

New Jersey Insurance Underwriting Association

Covered
WildfireWildfire
HailHail
WindWind
Visit Website →
Current Policies
Residential: 7,029Commercial: 173
Total Premiums$5.54M
Total Exposure$1.19B

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 10.5%
10.5%
0%30.0%
Electricity Growth Rate10-year average: 7.1%
7.1%
0%15.0%
Property Taxes Growth Rate2-year average: 1.0%
1.0%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

--This listing

vs Other Active Listings

Avg $/sqft

ZIP 07465$259
Passaic County$341

vs Homes Sold Last Month

Median $/sqft

ZIP 07465$266
Passaic County$345

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2026-04-27Listed for sale$975,000

For Sale by Agent

AgentKurt A. Wubbenhorst
BrokerageBlue Flags Realty Llc

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