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132 Ridge Street Newark, NJ $ 669,900
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$ 669,900 Get more info
132 Ridge Street
$ 669,900
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Share Save

132 Ridge Street

Newark, NJ, 07104
$ 669,900
Bedrooms9 Baths3.0

Monthly Estimate*

$ 4,452

132 Ridge Street, Newark, NJ 07104 - Image 1
132 Ridge Street, Newark, NJ 07104 - Image 2
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132 Ridge Street, Newark, NJ 07104 - Image 9

Multi-Family Home for sale in Newark, NJ

for $669,900 with 9 bedrooms and 3 full baths. This home was built in 1940.

Ideal for both investors and owner-occupants alike, this gem of a property offers versatility and promise. Each unit, currently occupied on a month-to-month basis, presents an opportunity for stability or potential reconfiguration according to preference. This expansive 3-family residence boasts nearly 3,700 square feet of living space. Currently fetching a robust gross income exceeding $5k per month, this property presents a great investment opportunity with the potential to increase to over $6k monthly by increasing the below market rent units. Separate utilities for each. Located in a prime location, this property has the convenience of being just a 10 minutes walk from the light rail station, 5 minutes from the esteemed Branch Brook Park, and close to Route 280, Route 21 and the Garden State Parkway. Don't miss out on this rare chance to secure your slice of urban paradise. OPEN HOUSE 5/5 11 AM TO 1 PM

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Multi-Family Active

Price

$ 669,900

Bedrooms

9

Full Bath

3

Property Type

Multi-Family

Taxes

$ 12,183

Style

3 Family

Year Built

1940

Town/City

Newark

County/Region

Essex

MLS | Web ID

24012996
Features
Interior
Basement Full Unfinished
Total Bedrooms 9
Fireplace None
Heating/Cooling Gas
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Exterior
Waterfront None
Flood Plain None
Substyle Top/Btm
Exterior Finish Vinyl
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General
Laundry Y/N None
Area 0714
Style 3 Family
Miscellaneous None
Garage O/See Remk
Status ACTIVE
Utilities Sep Elec Sep Gas
Rooms 15
Views/Exposure None
Year Built 1940's
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* Excluded Features

Affordability Calculator

$5,468
Per Month
81%
19%
0%
Monthly Principal & Interest
$4,452
Monthly Property Taxes
$1,015
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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The time to sell is now
THE TIME TO SELL IS NOW!
Nearby
843640 Elementary School
843641 Middle School
Unknown High School High School
See complete school information
Pricing History
DatePricePrice ChangeDescription
4/30/2024$669,900 Listed Price

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132 Ridge Street, Newark, NJ, 07104 is a Multi-Family Home for sale at $669,900. 132 Ridge Street has 9 bedrooms, 3.0 baths, and was built in 1940. The property's zip code is 07104 which is in Newark, NJ

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