Off market

Zestimate^®

$765,300

163 Ridgewood Ave, Newark, NJ 07108

9beds

3,288sqft

MultiFamily

Built in 1910

-- sqft lot

$765,300 Zestimate^®

$233/sqft

$2,132 Estimated rent

Home value

$765,300

$704,000 - $827,000

$2,132/mo

Zestimate^® history

Owner options

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$2,132/mo

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$2,132/mo

Rent Zestimate^®

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$5,381/mo

Est. payment

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$5,381/mo

Est. payment

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What's special

Excellent opportunity for an investor to acquire a CASH COW!!! Large 3-family that grosses $4,600 per month with low taxes and separate utilities! 9.6 CAP RATE! Fully occupied with on-time paying tenants. New heating, new plumbing, new roof alongside a camera surveillance! This property WILL NOT LAST! Present all serious offers!

This property is off market, which means it's not currently listed for sale or rent on Zillow. This may be different from what's available on other websites or public sources.

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 9
Bathrooms: 5
Full bathrooms: 5

Heating

Baseboard, Gas

Features

Basement: Unfinished

Interior area

Total interior livable area: 3,288 sqft

Property

Parking

Total spaces: 3
Parking features: Garage - Detached

Features

Exterior features: Vinyl

Lot

Size: 2,731 sqft

Details

Parcel number: 1402703000000005

Construction

Type & style

Home type: MultiFamily
Architectural style: Other-See Remarks

Materials

Frame
Roof: Asphalt

Condition

Year built: 1910

Community & neighborhood

Location

Region: Newark

HOA & financial

Other financial information

Total actual rent: 4600

Other

Other facts

Basement: Unfinished
Heating: Gas
HeatingYN: true
CoolingYN: true
Cooling: Window Unit(s)
ArchitecturalStyle: Other-See Remarks
ConstructionMaterials: Aluminum/Vinyl
TotalActualRent: 4600
ParkingFeatures: 3+ Cars
MlsStatus: Active

Price history

Date	Event	Price
3/6/2020	Sold	$440,000-1.1%$134/sqft
Source: Public Record Report a problem
1/6/2020	Listed for sale	$445,000+14.1%$135/sqft
Source: EXP REALTY LLC #190016144 Report a problem
10/25/2018	Sold	$390,000+1.8%$119/sqft
Source: Public Record Report a problem
4/19/2018	Sold	$382,936-14.9%$116/sqft
Source: GSMLS #3425609 Report a problem
10/18/2017	Listed for sale	$450,000+69.2%$137/sqft
Source: EXIT PLATINUM REALTY #3425609 Report a problem
5/3/2017	Listing removed	$265,967+171.4%$81/sqft
Source: Auction.com Report a problem
3/16/2017	Listed for sale	--
Source: Auction.com Report a problem
11/6/2006	Sold	$98,000$30/sqft
Source: Public Record Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$11,937 +5.2%	$298,500
2024	$11,352 +0.1%	$298,500
2023	$11,343	$298,500
2022	$11,343	$298,500
2021	$11,343 +1%	$298,500
2020	$11,227 +119.3%	$298,500
2019	$5,120	$298,500 +59.5%
2018	$5,120 -20.5%	$187,100
2017	$6,436 +4%	$187,100
2016	$6,191 +6.7%	$187,100
2015	$5,802 +5%	$187,100
2014	$5,525 +54.3%	$187,100
2013	$3,580 +3.7%	$187,100 +80.4%
2012	$3,451 +4.7%	$103,700
2011	$3,298 +16.1%	$103,700
2010	$2,840 +5.4%	$103,700
2009	$2,695 +4.4%	$103,700
2008	$2,582	$103,700
2007	$2,582	$103,700
2006	--	$103,700
2005	--	$103,700
2004	$2,240	$103,700
2003	--	$103,700 +778.8%
2002	--	$11,800
2001	--	$11,800