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Duplex with Finished Basement
For Sale
$670,000

296 Ridgewood Ave, Newark, NJ 07112

Separate utilities support independent use of each residence.

Property SizeContact for details
Days on Market131

Property Features for 296 Ridgewood Ave

General Information

Standard status Active
Property subtype Multi Family Home
Net Operating Income $30,120

Site & Location

Neighborhood Lower Clinton Hill
Highway Access Yes
Public Transit Yes

Units

Multifamily Units 2
Individually Metered Utilities unspecified utilities

Amenities

finished basement
Carbon Monoxide Detector
Fire Extinguisher
High Ceilings
Smoke Detector
Wood Floors
Deck
Patio

Building Details

Units 2
Listing Agency: United Real Estate
Listed By: Eileen Santos-Cruz
Source: Culturaunitedrealty
Added: Jun 17 Changed: Oct 23 Last Checked: Oct 23 at 4:58PM

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 United Real Estate

Rey
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Investment Insights

Based on property information with market context.

This duplex is configured as a two-family home, with spacious layouts, separate utilities, and a finished basement.

The property is near Newark Airport, Newark Penn Station, shopping, schools, and major highways.

Key Highlights

  • Two‑family configuration
  • Separate utilities
  • Finished basement

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Lease Details

2
Residential units
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

1,003
Businesses Nearby

Demographics for 07112, NJ

29,773
Population
11,779
Households
2.5
Avg Household Size
34
Median Age
18%
College-Educated
86%
High-School Grad
1.4 sq mi
ZIP Area
21,266
Density / Sq Mi
$55,171
Median Household Income
$35,709
Median Earnings
$1,334
Median Rent
$306,100
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025

Frequently Asked Questions

What type of property is this?
Duplex - Separate utilities support independent use of each residence.
Where is this duplex located?
The property is located at 296 Ridgewood Ave Newark, NJ.
What is the asking price?
The asking price for this property is $670,000.
What are key features of this property?
This property features: Two‑family configuration; Separate utilities; Finished basement
More about this property
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