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243 Ridge St

Newark City, NJ 07104
  • $900,000
  • STATUS: Active
  • ON SITE: 127 Days
  • MLS #: 3731001
UPDATED: 51 min ago
$900,000
  • 10
    BEDS
  • 0.08
    ACRES
  • 4
    BATHS
  • 0
    1/2 BATHS
Type:
Multi-Family
Built:
1922
County:
Area:

School Ratings & Info

Description

BACK ON THE MARKET!! - PERFECT REAL ESTATE TURN-KEY INVESTMENT TO ADD TO YOUR PORTFOLIO OR FOR HOME OWNER LOOKING TO LIVE IN ONE UNIT AND RENT THE OTHER THREE, GREAT INCOME POTENTIAL!! WELL MAINTAINED 4 FAMILY HOME, CENTRALLY LOCATED, CLOSE TO MAJOR HIGHWAYS. 2 UNITS ON EACH FLOOR. A TOTAL OF 10 BEDROOMS AND 4 BATHS, SEPARATE UTILITIES, LOTS OF NATURAL LIGHT, EACH UNIT FEATURES SPACIOUS LIVING ROOM AND EAT-IN KITCHEN. ALL UNITS ARE CURRENTLY OCCUPIED, ONE UNIT OCCUPIED BY OWNER, OTHER UNITS ARE MTM, PARTIALLY FINISHED BASEMENT. 2 GARAGES, AND PLENTY OF DRIVEWAY PARKING, NEWARK IS HOME TO NEWARK LIBERTY INTERNATIONAL AIRPORT, NEWARK PENN STATION, NEW JERSEY PERFORMING ARTS CENTER (NJPAC), NEWARK MUSEUM, PRUDENTIAL CENTER, RUTGERS UNIVERSITY, SETON HALL, NJIT AND UMDNJ. WON'T LAST LONG.

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© 2021 Garden State Multiple Listing Service, LLC. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Provident Legacy Real Estate Services, LLC. Notice: The dissemination of listings on this website does not constitute the consent required by N.J.A.C. 11:5.6.1 (n) for the advertisement of listings exclusively for sale by another broker. Any such consent must be obtained in writing from the listing broker.The data relating to real estate for sale or lease on this web site comes in part from GSMLS. Real estate listings held by brokerage firms other than Provident Legacy Real Estate Services, LLC are marked with the GSMLS logo or an abbreviated logo and detailed information about them includes the name of the listing broker. Data last updated 2021-12-04T13:46:16.603.
www.providentlegacyres.com/homes/119863431
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243 Ridge St Newark City, NJ 07104

  • Price: $900,000
  • Status: Active
  • On Site: 127 Days
  • Updated: 51 min ago
  • MLS #: 3731001
10
Beds
4
Baths
0
½ Baths
0.08
Acres
1922
Built
County:
Essex
Area:
Newark City
Property Description
BACK ON THE MARKET!! - PERFECT REAL ESTATE TURN-KEY INVESTMENT TO ADD TO YOUR PORTFOLIO OR FOR HOME OWNER LOOKING TO LIVE IN ONE UNIT AND RENT THE OTHER THREE, GREAT INCOME POTENTIAL!! WELL MAINTAINED 4 FAMILY HOME, CENTRALLY LOCATED, CLOSE TO MAJOR HIGHWAYS. 2 UNITS ON EACH FLOOR. A TOTAL OF 10 BEDROOMS AND 4 BATHS, SEPARATE UTILITIES, LOTS OF NATURAL LIGHT, EACH UNIT FEATURES SPACIOUS LIVING ROOM AND EAT-IN KITCHEN. ALL UNITS ARE CURRENTLY OCCUPIED, ONE UNIT OCCUPIED BY OWNER, OTHER UNITS ARE MTM, PARTIALLY FINISHED BASEMENT. 2 GARAGES, AND PLENTY OF DRIVEWAY PARKING, NEWARK IS HOME TO NEWARK LIBERTY INTERNATIONAL AIRPORT, NEWARK PENN STATION, NEW JERSEY PERFORMING ARTS CENTER (NJPAC), NEWARK MUSEUM, PRUDENTIAL CENTER, RUTGERS UNIVERSITY, SETON HALL, NJIT AND UMDNJ. WON'T LAST LONG.
Exterior Features

Approximate Lot Size 36.6X100 Exterior Description Brick Garage Description Detached Garage Number Of Parking Spaces 4 Parking Driveway Description 1 Car Width Roof Description Asphalt Shingle

Interior Features

Basement Yes Basement Description Finished-Partially Cooling Window A/C(S) Heating 4+ UnitsBaseboard - Hotwater Total Number Of Rooms 18 Unit1 Appliances Equipment Range/Oven - GasRefrigerator Unit1 Baths 1.0 Unit1 Bedrooms 2 Unit1 Fireplaces 0 Unit1 Handicap Modified No Unit1 Levels 1 Unit1 Room Description BedroomsEat-In KitchenLiving Room Unit1 Rooms 4 Unit1 Security Deposit 0 Unit1 Sq Ft 697 Unit2 Appliances Equipment Range/Oven - GasRefrigerator Unit2 Baths 1.0 Unit2 Bedrooms 2 Unit2 Fireplaces 0 Unit2 Levels 1 Unit2 Room Description BedroomsEat-In KitchenLiving Room Unit2 Rooms 4 Unit2 Sq Ft 609 Unit3 Baths 1.0 Unit3 Bedrooms 4 Unit3 Fireplaces 0 Unit3 Levels 2 Unit3 Room Description BedroomsEat-In KitchenLiving Room Unit3 Rooms 6 Unit3 Sq Ft 771 Unit4 Appliances Equipment Range/Oven - GasRefrigerator Unit4 Baths 1.0 Unit4 Bedrooms 2 Unit4 Fireplaces 0 Unit4 Levels 2 Unit4 Room Description BedroomsEat-In KitchenLiving Room Unit4 Rooms 4 Unit4 Sq Ft 559

Property Features

Assessment Total 242900 Building Assessment 202600 Easement Unknown Expenses Include Cold WaterElectricInsuranceTaxes Fha Age Restricted No Fuel Type Gas-Natural Gross Operating Income 62400 Land Assessment 40300 Net Operating Income 45713 Sewer Public Sewer Tax Amount 9230 Tax Rate Amount 3.800 Tax Rate Year 2020 Tax Year 2020 Total Operating Expense 16687 Unit Style 2-Two Story Unit1 Owner Tenant Pays Owner Pays WaterTenant Pays ElectricTenant Pays GasTenant Pays Heat Unit1 Rent 0 Unit2 Handicap Modified No Unit2 Owner Tenant Pays Owner Pays WaterTenant Pays ElectricTenant Pays GasTenant Pays Heat Unit2 Rent 1350 Unit2 Security Deposit 0 Unit3 Handicap Modified No Unit3 Owner Tenant Pays Owner Pays WaterTenant Pays ElectricTenant Pays GasTenant Pays Heat Unit3 Rent 1800 Unit3 Security Deposit 0 Unit4 Handicap Modified No Unit4 Owner Tenant Pays Owner Pays WaterTenant Pays ElectricTenant Pays GasTenant Pays Heat Unit4 Rent 0 Unit4 Security Deposit 0 Utilities Gas-Natural Water Public Water Year Built Description Approximate

Listing information © 2021 Garden State Multiple Listing Service,LLC.
Listing provided courtesy of Exit Golden Realty Group Llc.


© 2021 Garden State Multiple Listing Service, LLC. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Provident Legacy Real Estate Services, LLC. Notice: The dissemination of listings on this website does not constitute the consent required by N.J.A.C. 11:5.6.1 (n) for the advertisement of listings exclusively for sale by another broker. Any such consent must be obtained in writing from the listing broker.The data relating to real estate for sale or lease on this web site comes in part from GSMLS. Real estate listings held by brokerage firms other than Provident Legacy Real Estate Services, LLC are marked with the GSMLS logo or an abbreviated logo and detailed information about them includes the name of the listing broker. Data last updated 2021-12-04T13:46:16.603.
 
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