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Two-Family Duplex with Private Backyard Access
For Sale
$599,000

111 Ridgewood Ave, Newark, NJ 07108

MULTI_FAMILY - Newark City, NJ

Property SizeContact for details
Lot Size0.06 Acres
Days on Market197

Property Features for 111 Ridgewood Ave

General Information

Property type Residential Multi Family
Property subtype Other
Bedrooms 6
Bathrooms 3
Full bathrooms 3
Rooms Bedroom 4, Bathroom 1, Bedroom 6, Bathroom 2, Basement, Bedroom 1, Bedroom 2, Bedroom 5, Bathroom 3, Bedroom 3
Directions See gps
Standard status Active
Lot size 0.06 Acres

Taxes and HOA fees

Tax Year 2024
Tax Annual Amount 5316

Utilities

Sewer type Public Sewer
Heating system Baseboard, Electric (Heating), Hot Water(Heating)
Water source Public

Amenities

private backyard

Building Details

Year built 1890
Number of units 2
Roof type Shingle
Architectural style Other
Listing Agency: EXIT PLATINUM REALTY · EXIT Realty
Listed By: PATRICK GRANDISON · License #307063
Added: Feb 17 Changed: Aug 18 Last Checked: Sep 2 at 7:06AM
MLS# 4010092

Copyright © 2026 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.

Investment Insights

Based on property information with market context.

This income-producing two-family duplex includes two spacious 3-bedroom units. Unit 1 features 3 bedrooms and 2 full bathrooms, including one full bathroom on the first floor and a second full bathroom in the finished basement. The first floor includes a living room and an eat-in kitchen, and the finished basement adds a second kitchen, two bonus rooms, and direct access to the backyard. Unit 2 offers 3 bedrooms, 1 full bath, along with a living room and an eat-in kitchen on the second floor.

The home includes separate utilities for each unit, baseboard heating systems, and electric heating. Public water and public sewer service are available, and the roof is shingle. Street parking and backyard space support day-to-day living and tenant convenience. The property sits on a 0.06-acre lot and was built in 1890.

Key Highlights

  • Two separate 3‑bedroom units in a duplex setup
  • Unit 1: finished basement with second kitchen, two bonus rooms, and direct backyard access
  • Separate utilities for each unit

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick Real Estate Agency Dental Office Skin Care Clinic Parking Lot & Garage Law Firm Nursing Home

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

2
Residential units
Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

1,233
Businesses Nearby

Demographics for 07108, NJ

28,715
Population
12,862
Households
2.2
Avg Household Size
32
Median Age
17%
College-Educated
85%
High-School Grad
1.4 sq mi
ZIP Area
20,511
Density / Sq Mi
$33,960
Median Household Income
$30,336
Median Earnings
$1,098
Median Rent
$326,900
Median Home Value

Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025
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Frequently Asked Questions

What type of property is this?
Duplex - Two separate 3-bedroom units with separate utilities, plus a finished basement with direct access to the backyard.
Where is this duplex located?
The property is located at 111 Ridgewood Ave Newark, NJ.
What is the asking price?
The asking price for this property is $599,000.
What are key features of this property?
This property features: Two separate 3‑bedroom units in a duplex setup; Unit 1: finished basement with second kitchen, two bonus rooms, and direct backyard access; Separate utilities for each unit
More about this property
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