111 Ridgewood Ave, Newark, NJ 07108 - Photo 1

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$599,000 -$16,000 (-2.6%) Price Reduced

For Sale
Active
Multi-Family
6 Total Beds
Updated 3 days ago

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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: $599,000
Taxes: $5,316 (2024)
Status: Active
Type: Multi-Family
Source: Garden_State
MLS ID: 4010092
Updated: 4/3/2026
Added to Site: 49 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 ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 111 Ridgewood Ave Get Price Alerts and Save Property

Date

Details

Price

Change

Source

4/03/2026

Price Reduced

$599,000

-2.6%

MLS

2/21/2026

Listed

$615,000

23%

MLS

8/21/2023

Sold

$500,000

—

Public Record

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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

$88,800

—

2017

$3,161

$88,800

—

2016

$3,055

$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 $599,000 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.

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111 Ridgewood Ave Newark, NJ 07108

Full Property Details for 111 Ridgewood Ave

General

Interior

Rooms

Bathrooms

Bedrooms

Location

Heating & Cooling

Utilities

Structural Information

Unit Information

Unit 1

Unit 2

Lot Features

Financial Considerations

Disclosures and Reports

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Schools serving 111 Ridgewood Ave

Price & Sales History for 111 Ridgewood Ave Get Price Alerts and Save Property

Tax History for 111 Ridgewood Ave

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