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    119 Ridgewood Ave Newark, NJ 07108

    New
    For Sale
    $689,000

    3-Three Story, Multi-Family - Newark City, NJ

    Lot size:
    0.06 Acres
    Days on Market:
    7
    Last Refresh:
    Dec 14 at 10:06 am

    Property Features for 119 Ridgewood Ave

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Standard status
    Active
    Rooms
    Basement, Bathroom 1, Bathroom 2, Bathroom 3, Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 4, Bedroom 5, Dining Room, Kitchen
    Bedrooms
    9
    Bathrooms
    3
    Basement Y/N
    1
    Appliances
    Oven - Gas, Range
    Lot size
    0.06 Acres

    Utilities

    Heating system
    Forced Air

    Building Details

    Year built
    1900
    Number of units
    3
    Building materials
    Vinyl Siding
    Roof type
    Flat
    Architectural style
    Other

    eXp Realty, LLC (866) 201-6210 [email protected]

    Listing agent JUSTIN FALLAS (866) 201-6210

    Listing date Dec 8, 2025

    MLS# 4000866 Listing URL

    Copyright © 2025 Garden State MLS, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Updated Multi-Family Newark City Home

    This updated three-family home is located in Newark City, New Jersey. The property is situated approximately 10 minutes from Newark Airport and the Prudential Center. Each unit is well maintained and features numerous updates. This property presents a strong cash-flow opportunity for investors or owner-occupants.
    Property Profile Location Intelligence

    Current Use by Public Records

    Innerbeautystyles Fashion Accessories Store

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Gym & Fitness Building Supply

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Newark
    County
    Essex
    State
    New Jersey
    Longitude
    -74.19574
    Latitude
    40.71949

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    FAQs

    What type of property is this?
    Triplex - Updated three-family home in Newark City, near Newark Airport.
    Where is this triplex located?
    The property is located at 119 Ridgewood Ave Newark, NJ.
    What is the asking price?
    The asking price for this property is $689,000.
    What are key features of this property?
    This property features: - Strong cash-flow potential for investors or owner occupants.; - Updated three family home.; - 10 minutes from Newark Airport and the Prudential Center.
    (866) 201-6210
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    119 Ridgewood Ave Newark, NJ 07108
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    Newark, NJ 07108
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    119 Ridgewood Ave Newark, NJ 07108
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