$699,900

132 Ridge St, Newark City, NJ 07104

  • 9 beds |
  • 3 baths
  • Property Icon Multi-Family Home
  • Property Year Built Icon Built in 1940
  • Property Lot Size Icon2,614sqft lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $——/sqft
  • Property List Date Icon Listed 1 year ago

Property Description

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!

Listing Status:
Pending
Data Last Updated:
August 9, 2026 at 6:40AM
Listing Office:
EXP REALTY, LLC : 866-201-6210
MLS ID:
3949269
  • Basement: Full
  • A/C: Wall A/C Unit(s)
  • Heating: 3 UnitsGas-Natural
  • General: Aluminum Siding
  • Parking: Parking spaces: 0
  • Roofing: Flat
  • County: Essex
  • Driveway: See Remarks
  • Zoning: 1614-00508-0000-00022-0000-
  • Utilities: Gas-Natural
  • Water: Public Water
  • Sewer: Private

This listing courtesy of EXP REALTY, LLC

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

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