NJ
Essex
Newark City
07104
132 Ridge St
132 Ridge St, Newark City, NJ 07104
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Listing Type
Multi Family
Listing Status
Pending
9
$699,900

Home Details for 132 Ridge St

Price
$699,900
Type
Residential Income
Bedrooms
9
Total Bathrooms
3
Full Bathrooms
3
Year built
1940
Lot size acres
0.06
County
Essex
Total rooms
15
Basement
Full
Days on site
22
MLS Listing#
3949269
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!

Property Features
  • Heating Information
    • Natural Gas
  • Water Features
    • Public
  • Utilities
    • Natural Gas Available
  • Basement
    • Full
Listing Courtesy: EXP REALTY, LLC - 866-201-6210
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Market statistics compiled from data from Garden State MLS.
EXIT GOLDEN REALTY GROUP
50 Midland Ave, Kearny, NJ 07032
Office
201 997 4425
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