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$615,000 Coming Soon
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Property Description
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.
Full Property Details
Full Property Details for 111 Ridgewood Ave
General
- Price: $615,000
- Taxes: $5,316 (2024)
- Status: Coming Soon
- Type: Multi-Family
- Source: Garden_State
- MLS ID: 4010092
- Updated: 2/19/2026
- Added to Site: 3 day(s) ago
Interior
- Number of Rooms: 14
Rooms
Bathrooms
- Total Bathrooms: 3
- Full Bathrooms: 3
Bedrooms
- Total Bedrooms: 6
Location
- County: Essex
- Driving Directions: See gps
Heating & Cooling
- Cooling Type: No Cooling
- Heating Type: Electric Baseboard, Baseboard - Hotwater
- Heating Fuel: Electric, Natural Gas
Utilities
- Sewer: Public Sewer
- Water: Public Water
- Utility Description: Electric, Natural Gas
Structural Information
- Architectural Style: Under/Over
- Exterior Const.: Cinder Block, Composition Siding
- Basement: Yes
- Basement Desc.: Finished, Full
- Roof: Asphalt Shingles
- Year Built: 1890
Unit Information
Unit 1
- Unit Description: Bedrooms, Eat-In Kitchen, Living Room, See Remarks
- Square Feet: 9999
- Levels/Stories: 2
- Total Bathrooms: 2
- Bedrooms: 3
Unit 2
- Unit Description: Bedrooms, Eat-In Kitchen, See Remarks
- Square Feet: 999
- Levels/Stories: 1
- Total Bathrooms: 1
- Bedrooms: 3
Lot Features
- Lot Size (Acres): 0.06
- Lot Dimensions: 24.11 x 105
- Driveway/Sidewalk: On-Street Parking
Financial Considerations
- Operating Expenses: $9,999,999
- Assessment Amount: $118,100
- Land Assmt: $21,700
- Tax Amount: $5,316
- Tax Year: 2024
Disclosures and Reports
- Block: 2692
- Lot Number: 8
Listed by Exit Platinum Realty
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Schools
Schools serving 111 Ridgewood Ave
School District:Newark City School District
| Name | Grades | Distance |
|---|---|---|
Belmont-Runyon Elementary School 1 Belmont Runyon Way, Newark, NJ 07108 | K-8 | 0.3 mi |
B.R.I.C.K. Peshine Academy 433 Peshine Avenue, Newark, NJ 07112 | K-8 | 0.7 mi |
Cleveland Elementary School 388 Bergen St, Newark, NJ 07103 | K-6 | 0.8 mi |
Malcolm X Shabazz High School 80 Johnson Avenue, Newark, NJ 07108 | 9-12 | 0.2 mi |
Central High School, Newark, NJ 250 18th Avenue, Newark, NJ 07103 | 9-12 | 0.7 mi |
Weequahic High School 279 Chancellor Avenue, Newark, NJ 07112 | 9-12 | 1.5 mi |
Camden Street Elementary School 281 Camden Street, Newark, NJ 07103 | PK-8 | 1.1 mi |
Oliver Street Elementary School 86 Oliver Street, Newark, NJ 07105 | PK-8 | 1.4 mi |
Thirteenth Avenue Elementary School 359 13th Avenue, Newark, NJ 07103 | 5-8 | 1.6 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 111 Ridgewood Ave
Date
Details
Price
Change
Source
2/17/2026
Listed
$615,000
23%
MLS
8/21/2023
Sold
$500,000
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 111 Ridgewood Ave
Year
Property Taxes
Change
Tax Assessment
Change
2024
$5,317
60%
$139,800
57%
2022
$3,318
—
$88,800
—
2021
$3,316
33%
$88,800
—
2021
$2,500
-24%
$88,800
—
2018
$3,279
4%
$88,800
—
2017
$3,161
3%
$88,800
—
2016
$3,055
4%
$88,800
—
2015
$2,938
-12%
$88,800
—
2019
$3,340
27%
$88,800
—
2013
$2,622
—
$88,800
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 111 Ridgewood Ave
111 Ridgewood Ave, Newark, NJ 07108 (MLS# 4010092) is a Multi-Family property with 2 units containing 6 bedrooms and 3 full bathrooms. 111 Ridgewood Ave is currently listed for $615,000 and was received on February 17, 2026. Want to learn more about 111 Ridgewood Ave? Do you have questions about finding other Multi-Family real estate for sale in Newark? You can browse all Newark real estate or contact a Coldwell Banker agent to request more information.

