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.
Active
Price cut: $16K (4/3)
$599,000
111 Ridgewood Ave, Newark City, NJ 07108
6beds
10,998sqft
Multi Family
Built in 1890
-- sqft lot
$609,900 Zestimate®
$54/sqft
$-- HOA
What's special
- 122 days |
- 466 |
- 6 |
Zillow last checked:
Listing updated:
Listed by:
Patrick Grandison 347-204-7368,
Exit Platinum Realty
Source: GSMLS,MLS#: 4010092
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Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 6
- Bathrooms: 3
- Full bathrooms: 3
Heating
- Baseboard - Electric, Baseboard - Hotwater, Electric, Natural Gas
Appliances
- Included: Range/Oven - Gas
Features
- Bedrooms, Eat-in Kitchen, Living Room, See Remarks, Eat-In Kitchen
- Basement: Yes,Finished,Full
- Has fireplace: No
Interior area
- Total structure area: 10,998
- Total interior livable area: 10,998 sqft
Property
Parking
- Parking features: On Street
Lot
- Size: 2,613 Square Feet
- Dimensions: 24.11 x 105
Details
- Parcel number: 1614026920000000080000
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Cinder Block, Composition Siding
- Roof: Asphalt Shingle
Condition
- Year built: 1890
Utilities & green energy
- Gas: Gas-Natural
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Electricity Connected, Natural Gas Connected
Community & HOA
Location
- Region: Newark
Financial & listing details
- Price per square foot: $54/sqft
- Tax assessed value: $139,800
- Annual tax amount: $5,316
- Date on market: 2/21/2026
- Total actual rent: 19998
- Electric utility on property: Yes
Estimated market value
$609,900
$579,000 - $640,000
$2,287/mo
Price history
| Date | Event | Price |
|---|---|---|
| 4/3/2026 | Price change | $599,000-2.6%$54/sqft |
Source:  GSMLS #4010092 Report a problem | ||
| 2/18/2026 | Listed for sale | $615,000-9.6%$56/sqft |
Source:  NJMLS #26005349 Report a problem | ||
| 5/31/2025 | Listing removed | $680,000$62/sqft |
Source: GSMLS #3935641 Report a problem | ||
| 3/3/2025 | Price change | $680,000-5.6%$62/sqft |
Source: GSMLS #3935641 Report a problem | ||
| 11/22/2024 | Listed for sale | $720,000+44%$65/sqft |
Source: GSMLS #3935641 Report a problem | ||
| 8/24/2023 | Sold | $500,000+92.3%$45/sqft |
Source: Public Record Report a problem | ||
| 12/2/2022 | Sold | $260,000+8.3%$24/sqft |
Source: GSMLS #3800965 Report a problem | ||
| 10/25/2022 | Pending sale | $240,000$22/sqft |
Source: GSMLS #3800965 Report a problem | ||
| 9/26/2022 | Contingent | $240,000$22/sqft |
Source: GSMLS #3800965 Report a problem | ||
| 8/8/2022 | Listed for sale | $240,000$22/sqft |
Source: GSMLS #3800965 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $5,591 +5.2% | $139,800 |
| 2024 | $5,317 +57.6% | $139,800 +57.4% |
| 2023 | $3,374 | $88,800 |
| 2022 | $3,374 | $88,800 |
| 2021 | $3,374 +1% | $88,800 |
| 2020 | $3,340 +37.4% | $88,800 |
| 2019 | $2,430 | $88,800 |
| 2018 | $2,430 -20.5% | $88,800 |
| 2017 | $3,055 +4% | $88,800 |
| 2016 | $2,938 +6.7% | $88,800 |
| 2015 | $2,754 +5% | $88,800 |
| 2014 | $2,622 -35.2% | $88,800 -27% |
| 2012 | $4,047 +4.7% | $121,600 |
| 2011 | $3,867 +16.1% | $121,600 |
| 2010 | $3,331 +5.4% | $121,600 |
| 2009 | $3,160 +4.4% | $121,600 |
| 2008 | $3,028 | $121,600 |
| 2007 | $3,028 | $121,600 |
| 2006 | -- | $121,600 |
| 2005 | -- | $121,600 |
| 2004 | $2,627 | $121,600 |
| 2003 | -- | $121,600 +1401.2% |
| 2002 | -- | $8,100 |
| 2001 | -- | $8,100 |
Find assessor info on the county website
Monthly payment
Est. payment$--/mo
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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Climate risks
Neighborhood: South Broad Street
Nearby schools
GreatSchools rating
- 3/10Belmont-Runyon Elementary SchoolGrades: PK-8Distance: 0.2 mi
- 1/10Malcolm X Shabazz High SchoolGrades: 9-12Distance: 0.2 mi
- 1/10Central High SchoolGrades: 9-12Distance: 0.7 mi
A local agent can set up tours, give advice and negotiate with sellers.
A local lender can help you make sure your offer is ready when you are.
- New Jersey
- Essex County
- Newark
- 07108
- South Broad Street
- 111 Ridgewood Ave
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