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132 Ridge St, Newark City, NJ 07104

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For Sale

$669,900

9 beds3 baths

Estimated Payment

$      /mo.

APR for 30 years

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  • Multi-Family (2-4 Units)
    Property type

  • Basement
    Rooms

  • Basement
    Amenities

Explore this Property

Ideal for both astute investors and discerning 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 boasting nearly 3,700 square feet of luxurious living space. Currently fetching a robust gross income exceeding $5,000 per month, this property presents an exceptional investment opportunity with the potential to elevate revenue to over $6,000 monthly by increasing the below market rent units. Separate utilities for each. Nestled within a prime location, this property has the convenience of being just a 10 minutes walk from the light rail station so commuting to Newark Penn Station becomes effortless, offering seamless access to the bustling cityscape. Enjoy leisurely strolls to the esteemed Branch Brook Park just 5 minutes away, while major thoroughfares such as Route 280, Route 21, and the Garden State Parkway ensure easy connectivity to all destinations. Don't miss out on this rare chance to secure your slice of urban paradise. PUBLIC OHThis Sunday 5/5 from 11 AM to 1 PM.
MLS# 3899041

Courtesy Of eXp Realty, LLC

(866) 201-6210

Property Features

  • Amenities
    Basement
  • Architecture Style
    Other
  • Cooling System
    Wall Unit(s) A/C
  • Exterior Type
    Aluminum Siding
  • Lot Size
    0.06 Acres
  • Roof Type
    Unknown
  • Rooms
    Basement, Bedroom, Eat-In Kitchen, Full Bath, Living Room

Map and Directions

Directions to 132 Ridge St, Newark City, NJ 07104
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Home seller CENTURY 21 Gemini LLC

Get to know the neighborhood. A local affiliated CENTURY 21 office will help you set up tours, give advice, and negotiate with sellers.

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Monthly Payment Breakdown

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