132 Ridge St
Newark City, NJ 07104-1113
- 9 beds
- 3 baths
- – sqft
- 2,614 sqft lot
- 1940 build
- – on site
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!
Last checked:
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Last updated Mar 6, 2025
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MLS# 3949269 —
The Building
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Construction Date/Year Built:1940
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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
Financial & Terms
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Possession:0-45
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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Approx Lot Size:28 Sqft
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Total Acres:0 Sqft
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Lot Identifier:22
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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:2024
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Tax Year:*
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Tax Rate:*
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Tax Rate Year:2024
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Tax Rate Amount:3.803
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Tax Amount:$12,428
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Tax Amount:$*
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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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Utilities:Gas-Natural
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Water:Public Water
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Fuel Type:Gas-Natural
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Sewer:Private
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).
Sale history
Date | Event | Source | Price | % Change |
---|---|---|---|---|
3/6/25
Mar 6, 2025
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Listed / Active | GSMLS | $699,900 | 81.8% (18.1% / YR) |
9/11/24
Sep 11, 2024
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Price Changed | GSMLS | ||
8/5/24
Aug 5, 2024
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Listed / Active | GSMLS |