$615,000
OPEN SAT 1PM - 3PM

111 Ridgewood Ave Newark, NJ 07108

Clinton Hill Neighborhood

Estimated payment $3,608/month

Total Views 430
6 Beds
3 Baths
-- Sq Ft
-- Price per Sq Ft

About This Home

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.

Listing Agent

PATRICK GRANDISON

EXIT PLATINUM REALTY Brokerage Phone: 347-204-7368 Listed on: 02/17/2026

Open House Schedule

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,316

Year Built

  • Built in 1890

Parking

  • On-Street Parking

Home Design

  • Siding
  • Composite Building Materials

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 3 Full Bathrooms

Utilities

  • Electric Baseboard Heater
  • Standard Electricity

Additional Features

  • Basement Fills Entire Space Under The House
  • 2,614 Sq Ft Lot

Community Details

  • Net Operating Income $99,999,999

Listing and Financial Details

  • Assessor Parcel Number 1614-02692-0000-00008-0000-

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,316

Year Built

Built in 1890

Lot Details

2,614 Sq Ft Lot

Listing Details

  • Unit Style: Under/Over
  • Year Built: 1890
  • Year Built Description: Approximate
  • County Name: Essex
  • Directions: See gps
  • I D: 5411632
  • Attribution Contact: 347-204-7368
  • MLS Status: Active
  • Special Features: OpenHouse
  • Property Sub Type: MultiFamily

Interior Features

  • Bedrooms: 6
  • Total Bathrooms: 3
  • Total Full Bathrooms: 3
  • Basement: Yes
  • Basement Description: Finished, Full

Exterior Features

  • Exterior Description: Cinder Block, Composition Siding
  • Roof Description: Asphalt Shingle

Garage/Parking

  • Parking Driveway Description: On-Street Parking

Utilities

  • Fuel Type: Electric, Gas-Natural
  • Heating: Baseboard - Electric, Baseboard - Hotwater
  • Sewer: Public Sewer
  • Utilities: Electric, Gas-Natural
  • Water: Public Water

Lot Info

  • Lot Size: 24.11X105
  • Easement: Unknown
  • Lot I D Tax: *
  • Lot Size Tax: *
  • Total Acres: 0.06

Tax Info

  • Tax Acres: *
  • Assessed Improvement Value: *
  • Assessed Land Value: *
  • Total Tax Assessed: *
  • Streetname Tax: *
  • Street Number Tax: *
  • Tax Amount: 5316
  • Tax Amount Tax: *
  • Assessor Parcel Number: 1614-02692-0000-00008-0000-
  • Tax Rate Amount: 3.803
  • Tax Rate Tax: *
  • Tax Year Tax: *
  • Tax Year: 2024

Map

Range of Values:

--
Value Increase
--
Percent Increase
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Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $3,310 $139,800 $21,700 $118,100
2024 $3,310 $139,800 $21,700 $118,100
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
02/21/2026 02/21/26 For Sale $615,000 +136.5% --
12/02/2022 12/02/22 Sold $260,000 +8.3% -- View Prior Sale
09/09/2022 09/09/22 Pending -- -- --
08/07/2022 08/07/22 For Sale $240,000 -- --
Source: Garden State MLS

Purchase History

Date Type Sale Price Title Company
Deed $500,000 First American Title
Deed $260,000 Polonia Title Agency
Deed $7,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $475,000 New Conventional
Previous Owner $200,000 New Conventional
Source: Public Records

Source: Garden State MLS

MLS Number: 4010092

Garden State MLS

APN: 14-02692-0000-00008

New Jersey Essex County Newark 07108 Clinton Hill

111 Ridgewood Ave, Newark, NJ

For Sale

MultiFamily

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Listing Agent
PATRICK GRANDISON
EXIT PLATINUM REALTY
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