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Photo of 132 Ridge Street, Newark NJ
132 Ridge Street
Newark, NJ 07104
Bedrooms
9
Full Baths
3
Age
84
Heating
Gas
Cooling
Wall AC
Fireplace
None
Basement
Full,Unfinished
Taxes
$12,183
Additional Details Below

Description

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 boasts nearly 3,700 square feet of living space. Currently fetching a robust gross income exceeding $5k per month, this property presents a great investment opportunity with the potential to increase to over $6k monthly by increasing the below market rent units. Separate utilities for each. Located in a prime location, this property has the convenience of being just a 10 minutes walk from the light rail station, 5 minutes from the esteemed Branch Brook Park, and close to Route 280, Route 21 and the Garden State Parkway. Don't miss out on this rare chance to secure your slice of urban paradise. OPEN HOUSE 5/5 11 AM TO 1 PM

Location

Listing Details

Summary
Architectural Type

3 Family

Lifestyle

Close/Parks, Close/School, Close/Trans

Interior Features
Basement

Full, Unfinished

Exterior Features
Lot Features

Regular

Utilities
Cooling

Wall A/C

Heating

Gas

Additional Utilities

Seperate Electric, Seperate Gas

Miscellaneous

Assessment : 0
Zoning:
Lattitude :
Longitude :
MLS# : 24012996
Views : 14
Listed By: Johnathan Wellington (soldbywellz@gmail.com) of EXP Realty, LLC

Notes

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