111 Ridgewood Ave, Newark City, NJ 07108
Essex County
Key Facts
Description
Income-producing two-family home offering strong upside potential in Newark. This property features two spacious 3-bedroom units with separate utilities and a private backyard.Unit 1 includes 3 bedrooms and 2 full bathrooms, one on the first floor, and a second full bath in the finished basement. The first floor features a living room and eat-in kitchen, while the finished basement adds a second kitchen, two bonus rooms, and direct access to the backyard.Unit 2 offers 3 bedrooms, 1 full bath, living room, and eat-in kitchen on the second floor. Additional features include separate utilities, baseboard heating systems, street parking, and backyard space. Do not disturb the tenants.
Property Information
Property Type
Residential Income
Sub-Type
Multi Family
Style
Under/Over
Year Built
1890
Living Area
10,998 sq ft
Lot Size
0.06 acres
Days on Market
112
MLS® Listing#
4010092
Property Features
Heating
Basement
Parking
Roof
Utilities
Sewer
Water Source
Financial Details
Annual Taxes
$5,316
Tax year 2024
Assessed Value
$139,800
Parcel Number
1614-02692-0000-00008-0000-
Directions
See gps
Affordability Calculator
$119,800
Estimated monthly payment
$3,188/mo
Principal $479,200 · Est. interest $668,527 over 30 yrs
Neighborhood Market Statistics
How this home compares to active listings in Newark City, NJ
- $615,097
- Median Listing Price
- 49
- Median Days on Market
- 1,385
- Median Sq Ft
- $417
- Median Price / Sq Ft
- 3,231
- Active Listings
- This home’s price is 3% below the area median.
- Its price per sq ft is 87% below the area median.
Market statistics compiled from active EXIT Realty® and MLS listings in Newark City, NJ.
Location
- 111 Ridgewood Ave, Newark City, NJ 07108
Points of Interest in Newark City, NJ
Showing the Newark City area map.
Nearby Schools
Belmont Runyon Elementary School
Elementary · 0.2 mi away
Malcolm X Shabazz High School
Secondary · 0.2 mi away
Avon Avenue School
Elementary · 0.5 mi away
Harold Wilson School
School · 0.5 mi away
Miller Street Elementary School
Elementary · 0.5 mi away
North Star Academy Clinton Hill Middle School
Elementary · 0.5 mi away
Louise A. Spencer Elementary School
Elementary · 0.6 mi away
Peshine Avenue School
Elementary · 0.7 mi away
Kipp Thrive Academy
School · 0.7 mi away
Kipp Bold Academy
School · 0.7 mi away
Central High School
Secondary · 0.7 mi away
Kipp Team Academy
School · 0.7 mi away
Henrietta King Headstart
School · 0.7 mi away
University High School
Secondary School · 0.8 mi away
Cleveland Elementary School
Elementary · 0.8 mi away
Hawthorne Avenue School
Elementary · 0.9 mi away
Alif Muhammad's Nia School
School · 0.9 mi away
Link Community Charter School
Secondary · 0.9 mi away
American History High School
Secondary · 0.9 mi away
Samuel L Berliner School
School · 0.9 mi away
Commute Calculator
Nearby Homes
Similar Homes Nearby
Similar Home Values
Comparable nearby listings and their asking prices.
| Address | Price | Beds | Baths | Sq Ft |
|---|---|---|---|---|
| 149 N Essex Ave, City Of Orange Twp., NJ | $420,000 | 6 | 2 | — |
| 943 Carteret Ave, Trenton City, NJ | $425,000 | 5 | 2 | — |
| 63 Front St, Paterson City, NJ | $425,000 | 5 | 2 | 19,998 |
| 34 Cumberland Ave 2, Trenton City, NJ | $439,000 | 6 | 3 | 1,600 |
| 150 Spring St, City Of Orange Twp., NJ | $439,900 | 5 | 3 | — |
| 1830 E Riverside, Atlantic City, NJ | $445,000 | 8 | — | 2,707 |
Moving Cost Estimate
EXIT Agents in Newark City
Listing Courtesy: EXIT PLATINUM REALTY - 9737464777