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Residential Income Multifamily Opportunity

155 Ridgewood Ave Newark, NJ 07108

155 Ridgewood Ave, Newark, NJ, 07108
$929,000
Pending
For Sale
$929,000
Pending

For sale multifamily property with walkable access signals and good transit connectivity.

Days on Market49

Property Features for 155 Ridgewood Ave

General Information

Standard status
Pending
Property subtype
Multi Family

Building Details

Year Built
2026
Listing agency
Listed by FERNANDA SILVA
Source Elliman
Added: Jun 3 Updated: Jul 10 at 1:50PM Checked: Jul 21 at 9:02AM

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 FERNANDA SILVA


Investment Insights

Based on property information with market context.

This is a residential income multifamily property offered for sale. The provided information does not specify the unit mix or any interior/exterior improvements, so details on configuration and condition are not available in the listing data provided.

Access context is supported by transportation scoring metrics. The property shows a Walk Score of 70 (somewhat walkable), a Transit Score of 56 (good transit), and a Bike Score of 48 (somewhat bikeable). These indicators can be relevant for tenant commuting patterns and for setting expectations about day-to-day mobility.

From a tenant or operator perspective, the combination of somewhat walkable access and good transit can support broader renter appeal depending on the surrounding employment and transit options. For buyers, this offering may be evaluated as part of a residential income portfolio strategy, with further due diligence recommended to confirm unit composition, current income, and any property-level systems or updates not included in the supplied remarks.

Key Highlights

  • Year built: 2026
  • Walk Score: 70 (somewhat walkable)
  • Transit Score: 56 (good transit)

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Multifamily properties

Suggested Use

Dental Office Real Estate Agency Law Firm Skin Care Clinic Parking Lot & Garage Nursing Home (Bike/Boat/Book/etc) Store Tattoo & Piercing Shop Pet Store & Service Florist

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

FAQs

What type of property is this?
Multifamily property - For sale multifamily property with walkable access signals and good transit connectivity.
Where is this multifamily property located?
The property is located at 155 Ridgewood Ave Newark, NJ.
What is the asking price?
The asking price for this property is $929,000.
What are key features of this property?
This property features: Year built: 2026; Walk Score: 70 (somewhat walkable); Transit Score: 56 (good transit)
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