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Residential > House
Active
08/04/2024
List Price
$699,900

132 Ridge St
Newark, NJ 07104

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  • 132 Ridge St, Newark, NJ 07104 is a 9 bed, 3 bath, 3,696 ft² house built in 1897 on a 0.060 acre lot. This house is currently for sale for $699,900, and it was last sold in 2020 for $385,000. The latest TopHap estimate of the house's value is $704,100.

    Property Valuations

    Latest estimates for 132 Ridge St based on TopHap automated valuation model (AVM).

    MLS Description

    The listing agent's description. Original Listing

    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 Agents

    The listing agent for 132 Ridge St is JOHNATHAN WELLINGTON.

    Current Ownership

    Information about the current owner(s).

    Property History

    132 Ridge St has undefined property events records (listings, deeds, permits, tax, foreclosure, loan).

    Property Events

    Environment

    Environmental factors around 132 Ridge St

    School Information

    Public/private schools serving 132 Ridge St

    Neighborhood

    This property is located in Seventh Avenue, Newark, NJ 07104.

    Market Trends

    Historical market data near 132 Ridge St over selected time period.

    Copyright © 2024 Garden State MLS, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

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