132 Ridge St
Newark City,
NJ
07104
Property Details
List Price: |
$669,900 |
Beds: |
9 |
Baths: |
3 |
Status: |
Active |
SqFt: |
-- |
Agency: |
eXp Realty, LLC |
Description/Comments
Lot Size: |
-- |
Property Type: |
MultiFamily |
Year Built: |
-- |
Notes: |
Ideal for both astute investors and discerning 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 boasting nearly 3,700 square feet of luxurious living space. Currently fetching a robust gross income exceeding $5,000 per month, this property presents an exceptional investment opportunity with the potential to elevate revenue to over $6,000 monthly by increasing the below market rent units. Separate utilities for each. Nestled within a prime location, this property has the convenience of being just a 10 minutes walk from the light rail station so commuting to Newark Penn Station becomes effortless, offering seamless access to the bustling cityscape. Enjoy leisurely strolls to the esteemed Branch Brook Park just 5 minutes away, while major thoroughfares such as Route 280, Route 21, and the Garden State Parkway ensure easy connectivity to all destinations. Don't miss out on this rare chance to secure your slice of urban paradise. PUBLIC OHThis Sunday 5/5 from 11 AM to 1 PM. |
MlsNumber: |
3899041 |
Estimate Your Monthly Payment
Listing Provided By: |
eXp Realty, LLC, original listing |
Name: |
eXp Realty, LLC |
Phone: |
(866) 201-6210 |
Office Name: |
EXP REALTY, LLC |
Office Phone: |
(866) 201-6210 |
Agent Name: |
JOHNATHAN WELLINGTON |
Disclaimer: |
Copyright © 2024 Garden State MLS, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified. |