132 Ridge St, Newark City, NJ 07104

Local realty services provided by:ERA Statewide Realty
#1#2#3
132 Ridge St,Newark City, NJ 07104
$699,900
  • - Beds
  • 3 Baths
  • - sq. ft.
  • Multi-family
  • Pending
Listed by:johnathan wellington
Office:exp realty, llc.
MLS#:3949269
Source:NJ_GSMLS

Price summary

  • Price:$699,900

About this home

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!

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Home facts

  • Year built:1940
  • Listing Id #:3949269
  • Added:470 day(s) ago
  • Updated:August 13, 2025 at 08:35 AM

Rooms and interior

  • Total bathrooms:3
  • Full bathrooms:3

Heating and cooling

  • Cooling:Wall A/C Unit(s)
  • Heating:3 Units

Structure and exterior

  • Roof:Flat
  • Year built:1940
  • Lot area:0.06 Acres

Utilities

  • Water:Public Water
  • Sewer:Private

Finances and disclosures

  • Price:$699,900
  • Tax amount:$12,428 (2024)
The data relating to real estate for sale on this website comes in part from the IDX Program of Garden State Multiple Listing Service, L.L.C. Real estate listings held by other brokerage firms are marked as IDX Listing. Information deemed reliable but not guaranteed. 2025 Garden State Multiple Listing Service, L.L.C. All rights reserved. Notice: The dissemination of listings on this website does not constitute the consent required by N.J.A.C. 11:5.6.1 (n) for the advertisement of listings exclusively for sale by another broker. Any such consent must be obtained in writing from the listing broker. This information is being provided for Consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties Consumers may be interested in purchasing. Date Last Updated August 13, 2025

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