132 Ridge St
Newark City, NJ 07104-1113
- 9 beds
- 3 baths
- – sqft
- 2,614 sqft lot
- – on site
Ideal for both investors and owner-occupants alike, this gem of a property offers versatility and promise. Each unit, currently occupied on a month-to-month basis, presents an opportunity for stability or potential reconfiguration according to preference. This expansive 3-family residence boasting nearly 3,700 square feet of luxurious living space. Currently fetching a robust gross income exceeding $5,000 per month, this property presents an exceptional investment opportunity with the potential to elevate revenue to over $6,000 monthly by increasing the below market rent units. Separate utilities for each. Also, one or two units can be delivered vacant. Nestled within a prime location, this property has the convenience of being just a 10 minutes walk from the light rail station so commuting to Newark Penn Station becomes effortless, offering seamless access to the bustling cityscape. Enjoy leisurely strolls to the esteemed Branch Brook Park just 5 minutes away, while major thoroughfares such as Route 280, Route 21, and the Garden State Parkway ensure easy connectivity to all destinations. Don't miss out on this rare chance to secure your slice of urban paradise.
Listing courtesy of GSMLS / JOHNATHAN WELLINGTON / EXP REALTY, LLC
Last checked:
Checking…
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Last updated Sep 11, 2024
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MLS# 3917173 —
The Building
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Unit Style:3-Three Story
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Roof Description:Flat
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Exterior Description:Aluminum Siding
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Basement:Yes
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Total # of Units:3
Interior
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Total # of Rooms:15
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Basement Description:Full
Location
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Directions:Between Park Ave and Bloomfield Ave
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Latitude:40.75723
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Longitude:-74.1777
The Property
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Lot Identifier:22
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Approx Lot Size:28 Sqft
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Total Acres:0 Sqft
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Easements:No
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Assessment Land:21600
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Assess Amount Land Tax:*
Listing Agent
- Contact info:
- Office phone:
- (866) 201-6210
Taxes
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Tax ID For Property:1614-00508-0000-00022-0000-
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Tax Year:2023
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Tax Year:*
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Tax Rate:*
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Tax Rate Year:2023
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Tax Rate Amount:3.728
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Tax Amount:$12,183
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Tax Amount:$*
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Lot ID Tax:*
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Lot Size Tax:*
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Acres Tax:$*
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Block ID Tax:*
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City Tax:$*
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County Tax:$*
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Zip Code Tax:*
Beds
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# of Bedrooms:9
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Unit 1 Bedrooms:3
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Unit 3 Bedrooms:3
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Unit 2 Bedrooms:3
Baths
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Total # of Baths:3.00
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Total # of Full Baths:3
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Unit 1 Baths:1.0
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Unit 2 Baths:1.0
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Unit 3 Baths:1.0
Heating & Cooling
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Cooling:Wall A/C Unit(s)
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Heating:3 Units
Utilities
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Fuel Type:Gas-Natural
The Community
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Assessment Total:326800
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Assessment Total Tax:*
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Assessment Bldg:305200
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Assess Amount Building Tax:*
Parking
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Parking/Driveway Description:See Remarks
Extra Units
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Unit 1 Levels:1
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Unit 2 Levels:2
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Unit 3 Levels:3
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Unit 1 Rooms:5
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Unit 2 Rooms:5
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Unit 3 Rooms:5
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Unit 1 Handicap Modified:No
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Unit 2 Handicap Modified:No
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Unit 3 Handicap Modified:No
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Unit 1 Room Description:Bedrooms, Eat-In Kitchen, Living Room, See Remarks
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Unit 2 Room Description:Bedrooms, Eat-In Kitchen, Living Room, See Remarks
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Unit 3 Room Description:Bedrooms, Eat-In Kitchen, Living Room, See Remarks
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Transit Score®
Provided by WalkScore® Inc.
Transit Score measures a location's access to public transit. It is based on nearby transit routes frequency, type of route (bus, rail, etc.), and distance to the nearest stop on the route. Transit Scores range from 0 (Minimal Transit) to 100 (Rider’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Max Internet Speed
Provided by BroadbandNow®
This is the maximum advertised internet speed available for this home. Under 10 Mbps is in the slower range, and anything above 30 Mbps is considered fast. For heavier internet users, some plans allow for more than 100 Mbps.
Sale history
Date | Event | Source | Price | % Change |
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9/11/24
Sep 11, 2024
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Price Changed | GSMLS | $699,900 | 4.5% |
8/5/24
Aug 5, 2024
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Listed / Active | GSMLS | $669,900 | 74.0% (18.8% / YR) |
4/30/24
Apr 30, 2024
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Listed / Active | GSMLS |