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- Description
- Property Details
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Street View
$699,900
Monthly Est:$3,484
9 Beds
3 Baths
--sqft
132 Ridge St, Newark, NJ 07104
$699,900
$3,484/moEst:
Get Pre-Approved
Triplex
Built in 1940
$-- HOA
2,613.6 sqft lot
--/sqft
Description
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!
- Houzeo last checked: 11 minutes ago
- Listing updated: April 4, 2025 at 2:17 pm
- Listing Provided by: JOHNATHAN WELLINGTON | EXP REALTY, LLC (866) 201-6210
- Source: Garden State MLS-NJ | MLS#: 3949269
Property Details
Status
Active Under Contract
Type
Multi Family
No. of Stories
-
County
City
Neighborhood
Year Built
1940
HOA Fees
-
Finished Area
- sqft
Lot Size
2,613.6 sqft lot
Basement Area
- sqft
MLS Name
Garden State MLS
MLS Number
3949269
MLS Status
Under Contract
Days on Market
581
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Location
Facts & Features
Rooms
Bedrooms & bathrooms
Bedrooms: 9
Bathrooms: 3
Interior
Cooling
Wall A/c Unit(s)
Construction
Year Built
Year Built: 1940
Home type
Triplex
Architectural Style
3 Three Story
Roof
Flat
Construction Materials
Aluminum Siding
Utilities & Energy
Basement
Full
Water Source
Public Water
Other Features
Disclosures
No
Price History
| Date | Event | Price |
|---|---|---|
04/04/2025 Source: | Contingent (Active Under Contract) | $699,900 +81.79% $0/sqft |
09/23/2021 Source: | Sold | $385,000 $0/sqft |
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Based on information from the Garden State Multiple Listing Service L.L.C. (alternatively, from the 'GSMLS') through Oct 08, 2026, 07:15PM.This information is being provided for Consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties Consumers may be interested in purchasing. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified. This representation is based in whole or in part on data supplied by the Garden State Multiple Listing Service, L.L.C. GSMLS does not guarantee nor is in any way responsible for its accuracy. Data maintained by GSMLS may not reflect all real estate activity in the market The data relating to real estate for sale on this website comes in part from the IDX Program of Garden State Multiple Listing Service, L.L.C. Real estate listings held by other brokerage firms are marked as IDX Listing. © 2026 Garden State Multiple Listing Service, L.L.C. All rights reserved.
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