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Updated Three-Unit Triplex
For Sale
Contact for pricing
Pending

119 Ridgewood Avenue, Newark, NJ 07108

Multifamily property with maintained units, vinyl siding, and proximity to Newark Airport and the Prudential Center.

Property SizeContact for details
Days on Market170

Property Features for 119 Ridgewood Avenue

General Information

Standard status Pending
Property subtype Multi Family 2-4 Units

Additional Details

Multifamily Units 3
Listing Agency: EXP Realty, LLC
Listed By: Justin Fallas · License #302565
Source: Capmarkrealty
Added: Mar 13 Changed: Aug 29 Last Checked: Aug 25 at 3:40AM

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 EXP Realty, LLC

Investment Insights

Based on property information with market context.

This three-unit residential property in Newark offers an updated multifamily configuration with maintained interiors across each unit. The building has vinyl siding and dates to 1900, providing an established residential asset with multiple separate living spaces.

The property is located approximately 10 minutes from Newark Airport and the Prudential Center. Its three-family layout is suited to the owner-occupant or investor use identified in the property information, with updates completed throughout the units.

Key Highlights

  • Three‑unit multifamily property in Newark
  • Each unit is maintained and has received updates
  • Approximately 10 minutes from Newark Airport

Property Analytics

Current Use

Innerbeautystyles (Bike/Boat/Book/etc) Store

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

3
Residential units

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
Rey
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Frequently Asked Questions

What type of property is this?
Triplex - Multifamily property with maintained units, vinyl siding, and proximity to Newark Airport and the Prudential Center.
Where is this triplex located?
The property is located at 119 Ridgewood Avenue Newark, NJ.
What are key features of this property?
This property features: Three‑unit multifamily property in Newark; Each unit is maintained and has received updates; Approximately 10 minutes from Newark Airport
More about this property
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