8 days on rocket

327 Franklin Ave, Ridgewood, NJ, 07450

$950,000

Home List Price

$10,000*

Closing Credit

5 Bedrooms
2 Full Baths
Multi

Location

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327 Franklin Ave, Ridgewood$950,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeMulti Family
ParkingCarport, Detached, Park Space
HeatingNatural Gas, Hot Water, Radiant
CoolingWindow Unit(s)
BasementYes
WaterfrontNone
Fireplace1 Fireplace
MLS #24029340
StatusActive
(ACTIVE)

About 327 Franklin Ave

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.

Property Details

Property Features

Listing Office:

  • Office Name: Terrie O'Connor Realtors-Main St.
  • Listing Agent: Sean Farley

Interior Features

Interior Information:

  • Basement: Yes
  • Fireplace: 1 Fireplace

Bedroom and Bathroom Information:

  • Full Bathrooms: 2
  • Total Bedroom Count: 5

Exterior Features

Exterior Information:

  • Waterfront: None
  • Exterior: Clapboard, None

Parking Information:

  • Attached Garage: No
  • Parking: Carport, Detached, Park Space

Utilities

Utilities Information:

  • Heating: Natural Gas, Hot Water, Radiant
  • Cooling: Window Unit(s)

School Info

Assigned Schools Information:

  • Ridgewood High School, Public District Grades 9-12
  • Benjamin Franklin Middle School, Public District Grades 6-8
  • Somerville Elementary School, Public District Grades KG-5

Price Information

Listing Price Info

Price Summary:

  • List Price: $950,000

Tax Information:

  • Annual Amount: $11,258
  • Tax Year: 2020
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Housing Market Comparison

See how this home compares to others in Ridgewood, NJ.

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Ridgewood, NJ

City

Med. List Price

$1.0M

Med. Price/SqFt

$332

Avg. Days On Market

93

# of Sold Homes

2

327 Franklin Ave vs Ridgewood

8 DAYS ON ROCKET

-85 Days

$950,000

-$79.5K Less

KEY TAKEAWAY

This property is $79.5K less than the Median List Price in Ridgewood, NJ.

Based on homes listed in the last 12 months

MLS Details

MLS Information:

  • MLS Number: #24029340

Listing Office:

  • Office Name: Terrie O'Connor Realtors-Main St.
  • Listing Agent: Sean Farley

IDXDisclaimer: The data relating to the real estate for sale on this web site comes in part from the Internet Data Exchange Program of the NJMLS. Real estate listings held by brokerage firms other than Rocket Homes Real Estate, LLC are marked with the Internet Data Exchange logo and information about them includes the name of the listing brokers. Some properties listed with the participating brokers do not appear on this website at the request of the seller. Listings of brokers that do not participate in Internet Data Exchange do not appear on this website.

All information deemed reliable but not guaranteed. Source: New Jersey Multiple Listing Service, Inc. Copyright© 2024 New Jersey Multiple Listing Service, Inc. All rights reserved.

Rocket Homes Real Estate, 701 Griswold St, Suite 21, Detroit, MI 48226

Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 9/19/2024, 5:20:51 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

May 17, 2013Home Sold
$450,000

Tax History

YEARPROP. TAXASSESSMENT
2020$11,258$433,500
2019$11,119$433,500
2018$11,002$433,500
2017$10,733$433,500

History based on county public records data.

Payment Calculator

$4,809

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$2,915

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NMLS#3030

Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Elementary School

school-card-donut-3585111
9
/10

  • Somerville Elementary School

  • 45 S Pleasant Ave

  • 0.80 miles

  • Public District Grades KG-5

Middle School

school-card-donut-3585112
7
/10

  • Benjamin Franklin Middle School

  • 335 N Van Dien Ave

  • 0.76 miles

  • Public District Grades 6-8

High School

school-card-donut-3585113
8
/10

  • Ridgewood High School

  • 627 E Ridgewood Ave

  • 0.33 miles

  • Public District Grades 9-12

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $178,279. The most common annual income of people living in Ridgewood, NJ is $200k+. The most common type of family is single, no kids. Typical level of education for residents in this area is post secondary degree.

All data provided by Home Junction and Claritas

Rocket Homes›New Jersey›Bergen County›Ridgewood›07450›327 Franklin Ave

This home is located at 327 Franklin Ave in Ridgewood, NJ and zip code 07450. Features: 5 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since September 11, 2024 and is currently priced at $950,000.

Between July 2024 and August 2024, Ridgewood, NJ real estate market has seen increase in the number of listings by 20.8%. The median list price of listings available in August 2024 was $1,029,500, while the average time on the real estate market was 93 days.

From Rocket Homes Real Estate and based on county public records data.

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