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New Construction Two-Unit Duplex
For Sale
Contact for pricing
Pending

194 Ridgewood Ave, Newark, NJ 07108

Two-unit duplex with open-concept kitchens and living/dining areas, separate utilities, central HVAC, and a 2-car garage.

Property SizeContact for details
Days on Market142

Property Features for 194 Ridgewood Ave

General Information

Standard status Pending
Total Parking Spaces 2
Property subtype Multifamily

Additional Details

Multifamily Units 2

Building Details

Stories 3
Tenancy Multi
Listing Agency: WEICHERT REALTORS NEW GROUP
Listed By: Mario Espada · License #NJ 9589220
Source: Crexi
Added: Apr 11 Changed: Aug 17 Last Checked: Aug 29 at 1:55AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of WEICHERT REALTORS NEW GROUP

Investment Insights

Based on property information with market context.

This upcoming new construction two-unit duplex is laid out with open-concept kitchen, living, and dining rooms on both the first and second floors. The property is described as having 13 rooms total, including 6 bedrooms across the two units, plus 4 full baths and 1 half bath. Each unit includes 3 bedrooms, 2 full baths, and in-unit laundry.

The first floor is described as connecting to a recreation room on the ground level that includes a half bath. The home is reported to offer separate utilities, central air and heat, and a 2-car garage. Appliances are included for both units, and the property features a large backyard intended for entertaining.

The seller notes the home is still on time for selections of some colors and materials and includes a home owner warranty. The listing also states it may be qualified for tax abatement.

Key Highlights

  • 2‑unit duplex with open‑concept kitchen and living/dining areas on both first and second floors
  • Each unit includes 3 bedrooms, 2 full baths, and laundry on‑site
  • Separate utilities for each unit

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick Real Estate Agency Law Firm Dental Office Skin Care Clinic Gym & Fitness Center Parking Lot & Garage

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
Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

1,238
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
Rey
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Frequently Asked Questions

What type of property is this?
Duplex - Two-unit duplex with open-concept kitchens and living/dining areas, separate utilities, central HVAC, and a 2-car garage.
Where is this duplex located?
The property is located at 194 Ridgewood Ave Newark, NJ.
What are key features of this property?
This property features: 2‑unit duplex with open‑concept kitchen and living/dining areas on both first and second floors; Each unit includes 3 bedrooms, 2 full baths, and laundry on‑site; Separate utilities for each unit
More about this property
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