Active

Price cut: $16K (4/3)

$599,000

111 Ridgewood Ave, Newark City, NJ 07108

6beds

10,998sqft

Est.:

Multi Family

Built in 1890

-- sqft lot

$618,600 Zestimate^®

$54/sqft

$-- HOA

What's special

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.

77 days

635

8

Tour with a local agent

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: 2,613.6 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

$618,600

$588,000 - $650,000

$2,144/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