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Under Contract
$699,900
132 Ridge St , Newark, NJ 07104(Essex County)
Size: 0.06 Acres
Home: 9 beds - 3 full baths

3-Three Story, Multi-Family - Newark City, NJ

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 p...

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EXP REALTY, LLC

License #0791016

MONTCLAIR, NJ

(866) 201-6210

EXP REALTY, LLC

EXP REALTY, LLC
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EXP REALTY, LLC, (866) 201-6210
Source: ListHub, MLS# 3949269
Listing status: Pending
Listing last updated: December 1, 2025 at 9:15 PM
Listing last checked: December 4, 2025 at 8:30 PM
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