176 Margaret King Ave, Ringwood Boro, NJ 07456

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176 Margaret King Ave

Ringwood Boro, NJ 07456

Price: $279,000

GSMLS: 4025660
Type: Single Family
Style: 1/2 Duplex
Beds: 3
Baths: 1 Full
Garage: No
Year Built: 1915
Acres: 0.00
Property Tax: $1,814

Description

Open House Today 1PM–3PM.

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.

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Rooms Sizes

Kitchen:

First

Dining Room:

First

Living Room:

First

Family Room:

n/a

Den:

n/a

Bedroom 1:

First

Bedroom 2:

Second

Bedroom 3:

Second

Bedroom 4:

n/a

Room Levels

Basement:

Utility Room

Ground:

n/a

Level 1:

1 Bedroom, Bath Main, Dining Room, Kitchen, Living Room

Level 2:

2 Bedrooms

Level 3:

n/a

Level Other:

n/a

Room Features

Kitchen:

Eat-In Kitchen

Dining Room:

n/a

Master Bedroom:

n/a

Bath:

n/a

Interior Features

Square Foot:

1,064

Year Renovated:

n/a

Basement:

Yes - Partial

Full Baths:

Half Baths:

Appliances:

Carbon Monoxide Detector, Range/Oven-Gas, Refrigerator

Flooring:

Laminate, Tile

Fireplaces:

Fireplace:

n/a

Interior:

CODetect,SmokeDet,TubShowr

Exterior Features

Garage Space:

Garage:

None

Driveway:

Driveway-Exclusive

Roof:

Asphalt Shingle

Exterior:

Aluminum Siding, Vinyl Siding

Swimming Pool:

Pool:

n/a

Utilities

Heating System:

1 Unit, Baseboard - Hotwater

Heating Source:

Oil Tank Above Ground - Outside

Cooling:

Window A/C(s)

Water Heater:

Oil

Water:

Public Water

Sewer:

Septic

Services:

Garbage Included

Lot Features

Acres:

0.00

Lot Dimensions:

PT245X178

Lot Features:

n/a

School Information

Elementary:

E.G. HEWIT

Middle:

M.J. RYERS

High School:

LAKELAND

Community Information

County:

Passaic

Town:

Ringwood Boro

Neighborhood:

n/a

Application Fee:

n/a

Association Fee:

n/a

Fee Includes:

n/a

Amenities:

n/a

Pets:

Yes

Financial Considerations

List Price:

$279,000

Tax Amount:

$1,814

Land Assessment:

$7,400

Build. Assessment:

$35,200

Total Assessment:

$42,600

Tax Rate:

4.26

Tax Year:

2025

Ownership Type:

Fee Simple

Listing Information

MLS ID:

4025660

List Date:

05-06-2026

Days On Market:

Listing Broker:

REALMART REALTY

Listing Agent:

Jack Qizhan Yao

Property Search

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Shawn and Diane Fox
RE/MAX American Dream
3108 Route 10 West
Denville, NJ 07834
Call: (973) 277-7853
Web: MorrisCountyLiving.com