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132 Ridge St Newark, NJ $ 699,900
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$ 699,900 Get more info
132 Ridge St
$ 699,900
Back to search
Share Save

132 Ridge St

Newark, NJ, 07104
$ 699,900
Bedrooms9 Baths3.0

Monthly Estimate*

$ 4,366

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Multi-Family Home for sale in Newark, NJ

for $699,900 with 9 bedrooms and 3 full baths. This home was built in 1940 on a lot size of 0.06.

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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Multi-Family Pending

Price

$ 699,900

Bedrooms

9

Full Bath

3

Property Type

Multi-Family

Taxes

$ 12,428

Style

3-Three Story

Lot Size

0.06

Year Built

1940

Town/City

Newark

County/Region

Essex

MLS | Web ID

3949269
Features
General
Sewer Private
Heating 3 Units
Cooling Wall A/C Unit(s)
Utilities Gas-Natural
Possession 0-45
Roof Flat
Architectural Style 3-Three Story
Year Built 1940
Township Newark City
Tax Year 2024
Gross Income 5091
County Essex
Net Operating Income 0
Operating Expense 0
Total Rooms 15
Full Baths 3
Status Under Contract
Directions Between Park Ave and Bloomfield Ave
Open Parking Spaces 0
Number Of Units Total 3
Tax Annual Amount 12428
Drive See Remarks
Standard Status Under Contract
Tax Assessed Value 326800
Town # 1614
Tax Lot 22
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Interior
Basement Full
Unit 1 Baths Total 1.0
Unit 1 Beds Total 3
Unit 2 Baths Total 1.0
Unit 2 Beds Total 3
Unit 3 Baths Total 1.0
Unit 3 Beds Total 3
Fuel Type Gas-Natural
Half Baths 0
Total Bedrooms 9
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Exterior
Water Source Public Water
Exterior Description Aluminum Siding
Lot Dimensions 28X100
Lot Size Acres 0.06
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* Excluded Features
List By
JOHNATHAN WELLINGTON

Listing Agent

Exp Realty, Llc

Broker

Affordability Calculator

$5,402
Per Month
81%
19%
0%
Monthly Principal & Interest
$4,366
Monthly Property Taxes
$1,036
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.375% 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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Nearby
291163 Elementary School
291353 Middle School
Unknown High School High School
See complete school information
Pricing History
DatePricePrice ChangeDescription
3/7/2025$699,900 Listed Price

Map

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132 Ridge St, Newark, NJ, 07104 is a Multi-Family Home for sale at $699,900 with a lot size of 0.06. 132 Ridge St 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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