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

196 Ridgewood Ave, Newark, NJ 07108

Newly built two-unit duplex with open-concept living spaces, central HVAC, separate utilities, and a two-car garage.

Property SizeContact for details
Days on Market142

Property Features for 196 Ridgewood Ave

General Information

Standard status Pending
Property subtype Multifamily
Listing Agency: WEICHERT REALTORS NEW GROUP
Listed By: Mario Espada · License #NJ 9589220
Source: Crexi
Added: Apr 11 Changed: Aug 28 Last Checked: Aug 29 at 4:14PM

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.

Upcoming new construction two-unit duplex designed as a spacious, open-concept layout across both the first and second floors. The home totals 13 rooms, offering 6 bedrooms and 4 full bathrooms plus 1 half bathroom. Each unit features open kitchen, living, and dining areas, with hardwood flooring throughout rooms other than the kitchens and baths, which will be finished in ceramic. A recreation room connects from the first floor to the ground level and includes a half bath.

The property includes separate utilities, central air and heat, and a two-car garage, along with a backyard for entertaining. Appliances will be staying on both units. Completion is estimated for the end of April or the beginning of May, and the home is offered with a 10-year homeowner warranty and eligibility for tax abatment. The property is located at 196 Ridgewood Ave, Newark, NJ 07108.

Key Highlights

  • Newly built two‑unit duplex with open‑concept kitchen, living, and dining on both the first and second floors
  • Layout features 13 rooms, including 6 bedrooms and 4 full baths plus 1 half bath
  • Hardwood floors throughout bedrooms/living areas (ceramic in kitchens and baths)

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.

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
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Duplex - Newly built two-unit duplex with open-concept living spaces, central HVAC, separate utilities, and a two-car garage.
Where is this duplex located?
The property is located at 196 Ridgewood Ave Newark, NJ.
What are key features of this property?
This property features: Newly built two‑unit duplex with open‑concept kitchen, living, and dining on both the first and second floors; Layout features 13 rooms, including 6 bedrooms and 4 full baths plus 1 half bath; Hardwood floors throughout bedrooms/living areas (ceramic in kitchens and baths)
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message