132 Ridge St, Newark, NJ 07104
Local realty services provided by:Better Homes and Gardens Real Estate Elite
132 Ridge St,Newark City, NJ 07104
$699,900
- 9 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:562 day(s) ago
- Updated:November 14, 2025 at 09:37 AM
Rooms and interior
- Bedrooms:9
- 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)
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