14 days on rocket

132 Ridge St, Newark, NJ, 07104

$669,900

Home List Price

$7,955*

Closing Credit

9 Bedrooms
3 Full Baths
Multi
Schools Nearby

Location

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132 Ridge St, Newark$669,900

Buyer Closing Credits

$7,955*

1.25% Loan Amount

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Property Highlights

Home TypeMulti Family
ParkingO/See Remk
HeatingNatural Gas
CoolingGas
BasementYes
WaterfrontNone
FireplaceNone
MLS #24012996
StatusActive
(ACTIVE)

About 132 Ridge St

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

Property Details

Property Features

Listing Office:

  • Office Name: EXP Realty, LLC
  • Listing Agent: Johnathan Wellington

Interior Features

Interior Information:

  • Basement: Yes
  • Fireplace: None

Bedroom and Bathroom Information:

  • Full Bathrooms: 3
  • Total Bedroom Count: 9

Exterior Features

Exterior Information:

  • Waterfront: None
  • Exterior: Vinyl, None

Parking Information:

  • Parking: O/See Remk

Utilities

Utilities Information:

  • Heating: Natural Gas
  • Cooling: Gas

School Info

Assigned Schools Information:

  • Barringer High School, Public District Grades 9-12
  • Technology High School, Public District Grades 9-12
  • Central High School, Public District Grades 9-12

Price Information

Listing Price Info

Price Summary:

  • List Price: $669,900

Tax Information:

  • Annual Amount: $8,434
  • Tax Year: 2020
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Housing Market Comparison

See how this home compares to others in Newark, NJ.

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Newark, NJ

City

Med. List Price

$453K

Med. Price/SqFt

$241

Avg. Days On Market

93

# of Sold Homes

20

132 Ridge St vs Newark

14 DAYS ON ROCKET

-79 Days

$669,900

+$216.9K More

KEY TAKEAWAY

This property is $216.9K more than the Median List Price in Newark, NJ.

Based on homes listed in the last 12 months

MLS Details

MLS Information:

  • MLS Number: #24012996

Listing Office:

  • Office Name: EXP Realty, LLC
  • Listing Agent: Johnathan Wellington

IDXDisclaimer: 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 Rocket Homes Real Estate, LLC 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. Source: New Jersey Multiple Listing Service, Inc. Copyright© 2024 New Jersey Multiple Listing Service, Inc. All rights reserved.

Rocket Homes Real Estate, 701 Griswold St, Suite 21, Detroit, MI 48226

Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 5/15/2024, 3:20:35 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Sep 03, 2020Home Sold
$385,000
Apr 20, 2011Home Sold
$45,000
Dec 15, 2006Home Sold
$440,000
Dec 29, 2004Home Sold
$345,000

Tax History

YEARPROP. TAXASSESSMENT
2020$8,434$246,200
2019$9,092$246,200
2018$8,765$246,200
2017$8,765$246,200

History based on county public records data.

Payment Calculator

$3,411

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$2,075

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NMLS#3030

Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

High School

school-card-donut-1523471
1
/10

  • Barringer High School

  • 90 Parker St

  • 0.17 miles

  • Public District Grades 9-12

school-card-donut-1523472
8
/10

  • Technology High School

  • 223 Broadway

  • 0.45 miles

  • Public District Grades 9-12

school-card-donut-1523473
1
/10

  • Central High School

  • 250 18th Ave

  • 2.07 miles

  • Public District Grades 9-12

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $65,675. The most common annual income of people living in Newark, NJ is between $35k-100k. The most common type of family is single, no kids. The majority of residents in this area have high school diploma education.

All data provided by Home Junction and Claritas

Rocket Homes›New Jersey›Essex County›Newark›07104›132 Ridge St

This home is located at 132 Ridge St in Newark, NJ and zip code 07104 in the North Ward neighborhood. Features: 9 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since May 01, 2024 and is currently priced at $669,900.

The number of listings in Newark, NJ increased by 25.9% between March 2024 and April 2024. Listings spent 93 days on the market in April 2024, and had a median list price of $453,000 during the same period.

From Rocket Homes Real Estate and based on county public records data.

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