For Multi Family

156 Ridgewood Ave,Newark City, NJ 07108-2402

April 28, 2026

Indulge in the opportunity to own this elegant, spacious legal 2-family residence with a finished basement, offering scale and functionality. The first floor features 3 bedrooms and 2 bathrooms. The second floor mirrors the expansive 3-bedroom, 2-bath layout, providing generous living space and versatility. The finished basement includes 2 bedrooms and 1 full bath. The fully renovated third floor in 2025 showcases modern finishes, updated kitchen, and refreshed baths. Well maintained throughout, this property offers strong income potential and long-term upside for investors or owner-occupants. A private garage and carport provide convenient off-street parking and added functionality. Any staging is virtual.

Property ID:PT-38952173-AXZR

Offer Type:For Multi Family

Property Type:Multi-Family

Price: 849,000 $

Bedrooms:8

Year Built:2006

Listing Details

Status: Active

Location

County: Essex

Lotsize: 25X105

Lot Identifier: 58

Home Details

Open Parking: 2

Basement: Yes

Basmnt/Desc: Yes - Finished

Acreage: 0.06

Total Baths: 5.00

Unit Style: 2-Two Story

Number of Units: 2

Rooms: 15

Easement/Desc: Unknown

Exterior Description: Brick, Vinyl Siding

Roof Description: Asphalt Shingle

Possesion: at closing

Unit 1 Appliances/Equipment: Carbon Monoxide Detector, Dishwasher, Fire Alarm System, Microwave Oven, Range/Oven - Gas, Smoke Detector

Unit 1 Levels: 1

Unit 1 Rooms: 7

Unit 1 Beds: 3

Unit 1 Baths: 2.0

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

Unit 1 Handicap: No

Unit 1 SqFt: 1400

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

Unit 2 Appliances/Equipment: Carbon Monoxide Detector, Fire Alarm System, Range/Oven - Gas, Smoke Detector

Unit 2 Levels: 1

Unit 2 Rooms: 7

Unit 2 Beds: 3

Unit 2 Baths: 2.0

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

Unit 2 Handicap: No

Unit 2 SqFt: 1400

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

Garage Description: Attached Garage, Carport-Attached, Garage Parking

Number of Garage Spaces: 1

Block Identifier: 2702

County Number: 16

Town Number: 1614

YB/Desc: 2006 - Approximate

Easement: Unknown

Parking/Driveway Description: 1 Car Width

Block Identifier: 2702

County Number: 16

Town Number: 1614

Possession: at closing

Utilities

Heat Source: Gas-Natural

Heat System: Forced Hot Air

Cool System: Central Air

Water: Public Water

Sewer: Public Available

Utilities: Electric, Gas-Natural

Taxes, Fees & Assessments

Tax ID For Property: 1614-02702-0000-00058-0000-

Tax Amount: $9,341.00

Tax Year: 2025

Tax Rate: 3.999%

Tax Rate Year: 2025

Land Assessment: $21,700.00

Building Assessment: $211,900.00

Total Assessment: $233,600.00

FHA Age Restricted: No

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Listing Details

156 Ridgewood Ave,Newark City, NJ 07108-2402

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