132 Ridge Street Newark City, NJ 07104

$699,900
9
Beds
3
Baths
0.00
Acres
$699,900
9
Beds
3
Baths
Favorite
Ask agent
Share

active
1/9
Street View

Perfect for both investors and owner-occupants, this expansive 3-family home offers nearly 3,700 sq. ft. of living space and incredible potential. Each unit is currently occupied on a month-to-month basis, providing flexibility for long-term stability or future reconfiguration. Select units can be delivered vacant for the right buyer. Generating over $5,000 per month in gross income, this property offers an exceptional opportunity to increase revenue to $7,000+ monthly by adjusting below-market rents. Each unit features separate utilities, adding to its investment appeal. Located just a 10-minute walk to the Light Rail, commuting to Newark Penn Station is quick and easy. Enjoy Branch Brook Park just 5 minutes away, while major highways like Route 280, Route 21, and the Garden State Parkway provide seamless access to the entire region. Bonus: This property qualifies for a special loan program with an interest rate as low as 5.875% and NO PMI! Don?t miss out?call today!

Perfect for both investors and owner-occupants, this expansive 3-family home offers nearly 3,700 sq. ft. of living space and incredible potential. Each unit is currently occupied on a month-to-month basis, providing flexibility for long-term stability or future reconfiguration. Select units can be delivered vacant for the right buyer. Generating over $5,000 per month in gross income, this property offers an exceptional opportunity to increase revenue to $7,000+ monthly by adjusting below-market rents. Each unit features separate utilities, adding to its investment appeal. Located just a 10-minute walk to the Light Rail, commuting to Newark Penn Station is quick and easy. Enjoy Branch Brook Park just 5 minutes away, while major highways like Route 280, Route 21, and the Garden State Parkway provide seamless access to the entire region. Bonus: This property qualifies for a special loan program with an interest rate as low as 5.875% and NO PMI! Don?t miss out?call today!

  • Neighborhood
  • Type
  • Total Baths
  • County
    Essex
  • Tax Amount
    $12,428
  • Status
    Active
  • Listing #
    3949269
  • Built
    1940
  • Lot Size
    0.00
  • Listed on site
    10 days

Listed by:
Exp Realty, Llc

Source:
Garden State MLS

Click for Map
Smart Commute Planner

How Much Is My Home Worth?

Get an instant home-value estimate

Add a destination

Property details

Exterior features

  • Basement

Interior Features

  • Basement Full
Favorite
Ask agent
Share

Tour This Home

Sun
16Mar
Mon
17Mar
Tue
18Mar
Wed
19Mar
Thu
20Mar
Fri
21Mar
Sat
22Mar
Sun
23Mar
Mon
24Mar
Tue
25Mar
Wed
26Mar
Thu
27Mar
Fri
28Mar
Sat
29Mar
in Person
via Video Call
Realtor
Photo of Tetyana Kolosovska
Tetyana Kolosovska
11 other people have been looking at this property in the last hour