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132 Ridge Street , Newark, NJ 07104

$669,900

Detail

  • Property ID: 24012996
  • Price: $669,900
  • Bedrooms: 9
  • Bathrooms: 3
  • Garage: O/See Remk
  • Year Built: 1940's
  • Property Type: 2-4 Family
  • Property Status: For Sale

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

  • Address: 132 Ridge Street
  • City: Newark
  • State/county: ESSEX / NJ
  • Zip/Postal Code: 07104
  • Country: United States

Listing provided by EXP Realty, LLC

The data relating to the real estate for sale on this web site comes in part from the Internet Data Exchange Program of the NJMLS. Real estate listings held by brokerage firms other than Prominent Properties Sotheby's International Realty are marked with the Internet Data Exchange logo and information about them includes the name of the listing brokers. Some properties listed with the participating brokers do not appear on this website at the request of the seller. Listings of brokers that do not participate in Internet Data Exchange do not appear on this website.

All information deemed reliable but not guaranteed. Last date updated: 2024-05-18 1:00 PM. Source: New Jersey Multiple Listing Service, Inc.

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