132 Ridge St Newark City, NJ 07104
Multi-Family (2-4 Units)
MLS #: 3949269
Courtesy Of eXp Realty, LLC
Property InformationDescription
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!
Features
- Age: Over 50 Years Old
- Architecture Style: Other
- Exterior Type: Aluminum Siding
- Lot Size: 0.06 Acres
- Rooms: Basement, Kitchen, Living Room
MAP & DIRECTIONS
School Information
132 Ridge St, Newark City, NJ 07104
Elementary School
Grades PK-4 |
Public School
BRANCH BROOK ELEMENTARY SCHOOL
Newark, NJ 07104
228 Ridge St
973.268.5220
Distance: 0.3 mi
Middle School
N/A
High School
Grades 9-12 |
Public School
BARRINGER HIGH SCHOOL
Newark, NJ 07104
90 Parker St
973.268.5125
Distance: 0.1 mi
School Rating
F
Student:Teacher Ratio
14:1
Total Students
1600
High School
Grades 9-12 |
Public School
CENTRAL HIGH SCHOOL
Newark, NJ 07108
250 18th Ave
973.733.6378
Distance: 2.0 mi
School Rating
F
Student:Teacher Ratio
10:1
Total Students
729
High School
Grades 9-12 |
Public School
EAST SIDE HIGH SCHOOL
Newark, NJ 07105
238 Van Buren St
973.465.4900
Distance: 2.5 mi
School Rating
D-
Student:Teacher Ratio
14:1
Total Students
2024
High School
Grades 9-12 |
Public School
MALCOM X SHABAZZ HIGH SCHOOL
Newark, NJ 07108
80 Johnson Ave
973.733.6974
Distance: 2.8 mi
School Rating
D
Student:Teacher Ratio
10:1
Total Students
360
High School
Grades 9-12 |
Public School
NEWARK BRIDGES HIGH SCHOOL
Newark, NJ 07103
Distance: 1.5 mi
High School
Grades 9-12 |
Public School
TECHNOLOGY HIGH SCHOOL
Newark, NJ 07104
223 Broadway
973.481.5962
Distance: 0.5 mi
School Rating
A
Student:Teacher Ratio
13:1
Total Students
685
High School
Grades 9-12 |
Public School
WEEQUAHIC HIGH SCHOOL
Newark, NJ 07112
279 Chancellor Ave
973.705.3923
Distance: 4.0 mi
School Rating
F
Student:Teacher Ratio
10:1
Total Students
385
High School
Grades 9-12 |
Public School
WEST SIDE HIGH SCHOOL
Newark, NJ 07103
403 S Orange Ave
973.733.7019
Distance: 1.7 mi
School Rating
F
Student:Teacher Ratio
14:1
Total Students
620
| Other Nearby Schools | Distance | Type | Grades | School Rating |
|---|---|---|---|---|
| Franklin Elementary School | 0.2 mi | Public | PK-4 | C |
| Early Childhood School - North | 0.3 mi | Public | PK | |
| St Michael School | 0.3 mi | Private | KG-8 | |
| Essex Regional School | 0.4 mi | Public | UG | |
| Roberto Clemente Elementary School | 0.5 mi | Public | PK-4 | C- |
| Newark School Of Global Studies | 0.5 mi | Public | 9 | |
| Mckinley Elementary School | 0.5 mi | Public | PK-8 | D |
| Dr. William Horton Elementary School | 0.5 mi | Public | KG-8 | D- |
| Dr. Alma Flagg Elementary School | 0.6 mi | Public | KG-8 | D |
| Robert Treat Academy Charter School | 0.7 mi | Public | KG-8 | A- |
| Rafael Hernandez Elementary School | 0.7 mi | Public | PK-8 | D+ |
| First Avenue Elementary School | 0.8 mi | Public | PK-8 | C+ |
| Sussex Avenue Elementary School | 0.8 mi | Public | PK-8 | F |
| Essex County Jdc | 0.8 mi | Public | 7-12 | |
| Roseville Community Charter School | 0.9 mi | Public | KG-4 | D |
| Philip's Academy Charter School | 0.9 mi | Public | PK-8 | B |
| One Step Ahead Learning Center | 0.9 mi | Private | PK-KG |
This information is provided for general informational purposes only and should not be relied on in making any home-buying decisions. School information does not guarantee enrollment. Contact a local real estate professional or the school district(s) for current information on schools. This information is not intended for use in determining a person's eligibility to attend a school or to use or benefit from other city, town or local services.
Demographic Data
Newark, NJ 07104
| Median Age: | 37.1 |
|---|---|
| Married: | 31% |
| Number of Households: | 20,125 |
| Households with Children: | 33.2% |
Newark, NJ 07104
Demographic Data
-
Occupancy Types
- 0 Vacant
- 0 Owned
- 0 Rented
-
Transportation to Work
- 0 Drive
- 0 Public Transportation
- 0 Walk / Bike / Other
- 0 Work at Home
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