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26 John Ringo Rd 6 Unit Apartment Building $899,900 ($149,983/Unit) Ringoes, NJ 08551
Investment Highlights
- All renovated units
Executive Summary
An exceptional investment opportunity featuring a well maintained six-unit apartment building, with all six one bedroom units fully occupied, providing immediate and consistent rental income. Each apartment has been thoughtfully updated with modern finishes, creating an attractive living space that appeals to tenants and helps minimize future maintenance costs. Pride of ownership is evident throughout, making this a true turnkey asset for any investor. This property may be purchased individually or as part of a package with the neighboring mixed-use building, offering flexibility for investors looking to expand their portfolio or acquire a larger income-producing investment. See MLS #NJHT2005184. With strong occupancy, updated interiors, and reliable cash flow, this is an outstanding opportunity you won't want to miss.
Financial Summary (Actual - 2025) |
Annual | Annual Per SF |
|---|---|---|
| Gross Rental Income |
$10,600
|
$1.06
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$10,600
|
$1.06
|
| Net Operating Income |
-
|
-
|
Financial Summary (Actual - 2025)
| Gross Rental Income | |
|---|---|
| Annual | $10,600 |
| Annual Per SF | $1.06 |
| Other Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income | |
|---|---|
| Annual | $10,600 |
| Annual Per SF | $1.06 |
| Net Operating Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
Property Facts
| Price | $899,900 | Building Class | C |
| Price Per Unit | $149,983 | Lot Size | 1.00 AC |
| Sale Type | Investment | Building Size | 10,043 SF |
| No. Units | 6 | Average Occupancy | 100% |
| Property Type | Multifamily | No. Stories | 2 |
| Property Subtype | Apartment | Year Built/Renovated | 1900/2025 |
| Apartment Style | Low-Rise | ||
| Zoning | LB - Local Business Village District zone | ||
| Price | $899,900 |
| Price Per Unit | $149,983 |
| Sale Type | Investment |
| No. Units | 6 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 1.00 AC |
| Building Size | 10,043 SF |
| Average Occupancy | 100% |
| No. Stories | 2 |
| Year Built/Renovated | 1900/2025 |
| Zoning | LB - Local Business Village District zone |
Amenities
Site Amenities
- 24 Hour Access
- On-Site Retail
- Walk-Up
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 6 | - | - |
1 1
Somewhat walkable
20/100
Exceptionally drivable
100/100
Somewhat bikeable
30/100
Property Taxes
| Parcel Number | 08-00027-01-00020 | Improvements Assessment | $221,300 (2026) |
| Land Assessment | $158,300 (2026) | Total Assessment | $379,600 (2026) |
Property Taxes
Parcel Number
08-00027-01-00020
Land Assessment
$158,300 (2026)
Improvements Assessment
$221,300 (2026)
Total Assessment
$379,600 (2026)
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Contact the Sale Advisor
26 John Ringo Rd