176 Margaret King Ave Ringwood, NJ 07456

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.