For Multi Family

119 Ridgewood Ave,Newark City, NJ 07108-2423

March 12, 2026

Welcome to this updated three family home in Newark. The property is just 10 minutes from Newark Airport and the Prudential Center. Each unit is well maintained with many updates, and the home offers strong cash-flow potential for investors or owner occupants. Whether you’re looking to expand your investment portfolio or purchase your first home, this Newark gem is a must see.

Property ID:PT-31430372-AXZR

Offer Type:For Multi Family

Property Type:Multi-Family

Price: 689,000 $

Bedrooms:9

Year Built:1900

Listing Details

Status: Active

Location

County: Essex

Lotsize: 25X105

Lot Identifier: 12

Home Details

Open Parking: 0

Basement: Yes

Basmnt/Desc: Yes - Full, Unfinished

Acreage: 0.06

Total Baths: 3.00

Unit Style: 3-Three Story

Number of Units: 3

Rooms: 15

Easement/Desc: Unknown

Exterior Description: Vinyl Siding

Roof Description: Flat

Possesion: Flexible

Unit 1 Appliances/Equipment: Range/Oven - Gas

Unit 1 Levels: 1

Unit 1 Rooms: 5

Unit 1 Beds: 3

Unit 1 Baths: 1.0

Unit 1 Owner/Tenant Pays: Owner Pays Water, Tenant Pays Electric, Tenant Pays Gas, Tenant Pays Heat

Unit 1 Handicap: No

Unit 1 SqFt: 1100

Unit 1 Room Description: Bedrooms, Eat-In Kitchen, Kitchen, Living/Dining Room

Unit 2 Appliances/Equipment: Range/Oven - Gas

Unit 2 Levels: 2

Unit 2 Rooms: 5

Unit 2 Beds: 3

Unit 2 Baths: 1.0

Unit 2 Owner/Tenant Pays: Owner Pays Water, Tenant Pays Electric, Tenant Pays Gas, Tenant Pays Heat

Unit 2 Handicap: No

Unit 2 SqFt: 1100

Unit 2 Room Description: Bedrooms, Eat-In Kitchen, Living/Dining Room

Unit 3 Appliances/Equipment: Range/Oven - Gas

Unit 3 Levels: 3

Unit 3 Rooms: 5

Unit 3 Beds: 3

Unit 3 Baths: 1.0

Unit 3 Owner/Tenant Pays: Owner Pays Water, Tenant Pays Electric, Tenant Pays Gas, Tenant Pays Heat

Unit 3 Handicap: No

Unit 3 SqFt: 1100

Unit 3 Rent: 1404

Unit 3 Room Description: Bedrooms, Eat-In Kitchen, Living/Dining Room

Garage Description: None

Block Identifier: 2692

County Number: 16

Town Number: 1614

YB/Desc: 1900 - Approximate

Easement: Unknown

Parking/Driveway Description: None

Block Identifier: 2692

County Number: 16

Town Number: 1614

Possession: Flexible

Utilities

Heat Source: Gas-Natural

Heat System: 3 Units, Forced Hot Air

Cool System: Window A/C(s)

Water: Public Water

Sewer: Public Sewer

Utilities: Electric, Gas-Natural

Taxes, Fees & Assessments

Tax ID For Property: 1614-02692-0000-00012-0000-

Tax Amount: $8,937.00

Tax Year: 2024

Tax Rate: 3.803%

Tax Rate Year: 2025

Land Assessment: $20,600.00

Building Assessment: $214,400.00

Total Assessment: $235,000.00

FHA Age Restricted: No

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Listing Details

119 Ridgewood Ave,Newark City, NJ 07108-2423

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