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569 Monroe Pl, Ridgefield Boro, NJ 07657

Ridgefield Boro, NJ 07657

Property Overview

Active Listing

569 Monroe Pl, Ridgefield Boro, NJ 07657

1 / 2

2 listing photos · Tap Enlarge for full-size view

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Specs

Beds

2.5

Baths

Interior Living Space (Sq Ft)

1682 sq ft

Lot Size (Sq Ft)

0 sq ft

Year Built

1990

Price/Sq Ft (Living Area)

Price/Sq Ft (Lot Size)

Lifestyle

Walk Score

Transit Score

Neighborhood Vibe

A calculation based on nearby amenity density.

Taxes

FY 2025

Tax Year

Annual Tax

$9,063

Assessed Value

$553,900

Last Sale

2017

$310,000

Safety & Hazards

Safety Rating

Based on Crime & Hazards

Crime Rate Index

Very Low

0/100

Flood Risk

Unknown

Zumintel Report

Zumintel

EVALUATED FOR: HOUSE HACK (LTR UNIT)

569 Monroe Pl, Ridgefield Boro, NJ 07657

Single Family•April 29, 2026

69/100

House Hack Score

ListingZillow Link

Executive Summary

Verdict Locked

Ridgefield Boro offers a stable rental income opportunity with a reasonable commute to Manhattan.

Est. Price

Square Feet

1,682

Year Built

1919

Configuration

3bd / 2.5ba

Market Context

Pricing PositionNo recent sales data available.
Source: Attom
Liquidity RiskUnknown due to lack of market sales velocity data.
Source: Market Data
NeighborhoodSafe residential area.
Source: CrimeIndex Data
Investment PotentialEstimated Rent: $3,760/moCap Rate: - • 5-Year Growth: -

Location & Commute

Commutable distance from NYC for potential talent pool.
Source: Commute Data
Pleasant neighborhood with low crime rate and good amenities.
Source: CrimeIndex Data
Access to public transportation is moderate; driving is preferable.
Source: Transit Score

Property

Home

Work

Market Opportunity Synthesis

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Financial Performance

Based on 6.5% rate · 20% down · 30-yr fixed

Investment Analysis Locked

Detailed Cash Flow, Cap Rate, and ROI projections are available for Builder+ plans or by using Top-Up Credits.

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Comparative Market Analysis

Validate the asking price against recent comparable sales in the area. Includes similarity scoring, price adjustments, and exclusion reasoning.

Strategic Assessment

Key Advantages

•Stable rental income with current estimated rent of $3,760.
Source: RentCast
•Safe residential neighborhood with low crime rates.
Source: CrimeIndex Data

Considerations

•Potentially high property taxes relative to some regions.
Source: Attom Tax Data
•Older home which may require additional maintenance.
Source: Property Year Built

Due Diligence

•Confirm flood zone per specific address as area is 'Unknown'.
Source: FEMA
•Verify local ordinances for any renting restrictions or permit needs.
Source: Local Zoning Ordinances

Verdict Locked

Analyst Verdict

Based on current list price and market conditions.

STRONG BUY

Use-Case Alignment

living

Medium Match

Short-Term

Low Match

Living+STR

Low Match

rental

Medium Match

House Hack

Low Match

flip

Low Match

Disclaimer: This report is for informational purposes only and does not constitute financial or real estate advice. Zumintel is not liable for any inaccuracies or the condition of the property. Users should conduct their own due diligence.

Definitions & Methodology

Cap Rate (Capitalization Rate)Net Operating Income (NOI) divided by the property asset value. It indicates the potential rate of return on the real estate investment.

Investment ScoreA proprietary composite score (0-100):

80-100: Excellent (Strong Cashflow & Potential)
60-79: Good (Stable, Moderate Returns)
40-59: Fair (Value Add Required)
<40: Risky (Negative Cashflow/High Risk)

Walk ScoreA measure of walkability based on the distance to nearby amenities. 90-100 is a "Walker's Paradise".

Transit ScoreEstimates how well a location is served by public transport. Calculated based on distance to nearest stops and frequency.

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Sources: RentCast • Google Maps & Places • Attom Data Solutions • OpenAI

Generated by Zumintel • Pro Tier Evaluation