Sold
Last Sold Price
6 beds
164 Ridge St, Newark, NJ 07104
Multi FamilyProperty Type
0.12 acresLot Size
1997Year Built
20 carsParking Spaces

Description

This beautiful home has been kept in immaculate condition. Featuring an oversized lot! The biggest one on the block with 14 car parking spaces. Unit in property was recently renovated. Don't miss out on the opportunity to own a cash-flowing property with the biggest lot on the block. The home has been kept in immaculate condition 3 Beds&2Baths on top 2 flrs and 2 bds 1 ba on bottom unit. Features 14 car parking, a 5 car carport with storage space. It as well as a barbershop on the bottom that can...This beautiful home has been kept in immaculate condition. Featuring an oversized lot! The biggest one on the block with 14 car parking spaces. Unit in property was recently renovated. Don't miss out on the opportunity to own a cash-flowing property with the biggest lot on the block. The home has been kept in immaculate condition 3 Beds&2Baths on top 2 flrs and 2 bds 1 ba on bottom unit. Features 14 car parking, a 5 car carport with storage space. It as well as a barbershop on the bottom that can be turned into your dream space, hardwood floors, and for tenants, on-site laundry machines that take payment. Has a security system as well for peace of mind and cameras throughout the whole property. The owner also renovated the second unit this year with new appliances and marble countertops.
  • Listed by: MICHAEL VERA-SILVA • EXP REALTY, LLC
Listing closed: 08/18/2022 03:03 AM • Source: GSMLS Back Office, MLS#: 3692002

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Location

Listing Courtesy of EXP REALTY, LLC, MICHAEL VERA-SILVA
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Payment Calculator

$4,063 per month

30 year fixed, 7.03% Interest

Principal and Interest

$3,310

Property Taxes

$753

HOA Dues

$0

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Property Information for 164 Ridge Street

Property Details
  • Taxes: $9,032 / year
  • MLS Type: Multi Family
  • County: Essex County
  • Directions: 164-166 Ridge Street Newark NJ 07104
  • Days On Market: 31
Building Information
  • Residences: 2
  • Year Built: 1997
  • Lot Size: 0.12 AC / 5,227 SF
Summary
Location and General Information
  • Active Days on Market: 31
  • Renovated Year: 2021
  • County #: Essex
  • Town Name: Newark City
  • Block Identifier: 508
  • Listing Type: Exclusive Right to Sell
  • Town #: 1614.0
  • # Parking Spaces: 15
  • County Or Parish: Essex
  • Street Name: RIDGE ST
  • Zip Code: 07104-1113
  • Total Units: 2
Taxes and HOA Information
  • Assess Total Tax: *
  • Assess Amt Land Tax: *
  • Assess Amt Bldg Tax: *
  • Block ID Tax: *
  • Acres Tax: *
  • County Tax: *
  • Tax Amount: $9,032
  • Street name Tax: *
  • Zip Code Tax: *
  • Street # Tax: *
  • City Tax: *
  • Tax Amount Tax: *
  • Assessment Total: 237700.0
  • Tax ID For Property: 1614-00508-0000-00073-0000-
  • Tax Rate Amount: $4
  • Tax Rate Tax: *
  • Tax Rate Year: 2020
  • Tax Year: 2020
  • Tax Year Tax: *
  • Lot ID Tax: *
  • Lot Size Tax: *
Parking
  • Parking/Driveway Description: Additional Parking, Blacktop, Driveway-Exclusive, Fencing, On-Street Parking
  • # Garage Spaces: 5
  • Garage Description: Carport-Detached, Detached Garage
Property
Lot Information
  • Lot Identifier: 73
  • Approximate Lot Size: 40X128
  • Total Acres: 0.12
  • Construction Date/Year Built: 1997
  • Construction Date/Year Built Des: Renovated
Property and Assessments
  • Assessment Bldg: 212300.0
  • Assessment Land: 25400.0
Utilities
  • Cooling: 3 Units, Central Air
  • Utilities: Electric
  • Water: Public Water
  • Heating: 3 Units, Forced Hot Air
  • Fuel Type: Gas-Natural
  • Sewer: Public Sewer
Interior and Exterior Features
Exterior Features
  • Exterior Description: Vinyl Siding
  • Exterior Features: Metal Fence, Privacy Fence, Storage Shed, Workshop
Interior Features
  • Interior Features: Security System, Tile Floors, Walk-In Closet, Wood Floors
  • Roof Description: Asphalt Shingle
  • Basement: No
  • Easement: No
Multi Family
Unit 1 Information
  • Unit 1 Appl/Equip: Carbon Monoxide Detector, Kitchen Exhaust Fan, Refrigerator
  • Unit 1 Baths: 1.5
  • Unit 1 Bedrooms: 2
  • Unit 1 Fireplaces: 0.0
  • Unit 1 Handicap Modified: No
  • Unit 1 Levels: 1.0
  • Unit 1 Owner/Tenant Pays: Tenant Pays Electric
  • Unit 1 Rent: 1500.0
  • Unit 1 Room Description: Bedrooms, Kitchen, Living/Dining Room
  • Unit 1 Rooms: 7.0
  • Unit 1 Security Deposit: 2100.0
  • Unit 1 Sq Ft: 967.0
Unit 2 Information
  • Unit 2 Appl/Equip: Carbon Monoxide Detector, Ceiling Fan(s), Kitchen Exhaust Fan, Refrigerator, Security System
  • Unit 2 Baths: 2.0
  • Unit 2 Bedrooms: 3
  • Unit 2 Fireplaces: 0.0
  • Unit 2 Handicap Modified: No
  • Unit 2 Levels: 2.0
  • Unit 2 Owner/Tenant Pays: Owner Pays Electric, Owner Pays Water
  • Unit 2 Rent: 0.0
  • Unit 2 Room Description: Bedrooms, Dining Room, Family Room, Kitchen, Living Room, Master Bedroom
  • Unit 2 Rooms: 7.0
  • Unit 2 Security Deposit: 0.0
  • Unit 2 Sq Ft: 967.0
Unit 3 Information
  • Unit 3 Fireplaces: 0.0
  • Unit 3 Handicap Modified: No
Multi-Family Information
  • Unit Style: 2-Two Story
Income & Expenses Information
  • Total Operating Expense: $1,500.00
  • Expenses Include: All Utilities
  • Net Operating Income: $2,050.00
  • Gross Operating Income: $3,550.00

Property History for 164 Ridge Street

DateEvent & SourcePriceAppreciation
Aug 17, 2021

Sold

GSMLS #3692002

$620,000—
Aug 13, 2021

Temporarily Off Market

GSMLS #3692002

—
Jun 13, 2021

Off Market

GSMLS #3692002

—
DateEvent & SourcePrice
08/17/2021

Sold

GSMLS #3692002

$620,000
08/13/2021

Temporarily Off Market

GSMLS #3692002

—
06/13/2021

Off Market

GSMLS #3692002

—

For completeness, we often displays two records for one sale: the MLS record and the public record.

Schools near 164 Ridge Street

This home is within The Newark Public School District.
Rating
School
Type
Grades
Distance
Public - PK to 8
Public - PK to 8
Public - PK to 8
Public - PK to 8
Rating
School
Distance
Roberto Clemente Elementary School
PublicPK to 8

Dr. William H. Horton Elementary School
PublicPK to 8

McKinley Elementary School
PublicPK to 8

Franklin Elementary School
PublicPK to 8

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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Listing Courtesy of EXP REALTY, LLC, MICHAEL VERA-SILVA

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