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Duplex with Partially Finished Basement
For Sale
Contact for pricing
Pending

734 Ridge Street, Newark, NJ 07104

Two residential units share utility service and fenced front parking.

Property SizeContact for details
Days on Market42

Property Features for 734 Ridge Street

General Information

Standard status Pending
Property subtype Multi Family 2-4 Units

Additional Details

Multifamily Units 2

Amenities

laundry area

Building Details

Year Built 1900
Buildings 1
Listing Agency: Elite Realtors of New Jersey
Listed By: Danna Steck
Source: Capmarkrealty
Added: Jul 24 Changed: Aug 31 Last Checked: Aug 30 at 2:31PM

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 Elite Realtors of New Jersey

Investment Insights

Based on property information with market context.

This two-unit residential property, built in 1900, has separate apartment layouts across three floors plus a partially finished basement. The first-floor apartment contains three rooms, while the upper apartment spans the second and third floors with a kitchen, living room, two bedrooms and a bathroom on the second level, along with two additional bedrooms and a storage closet above.

The basement includes a laundry area, although the existing washer and dryer are not operational. The property has one electric meter, one gas meter, one heater and one hot water heater. Fenced parking in front accommodates one or two cars. Ridge Street Elementary School is directly across the street. The sale is strictly as-is, with the buyer responsible for lender-required repairs and city-required repairs and certifications, including fire and CCO inspections.

Key Highlights

  • Two‑apartment configuration across three floors
  • First‑floor apartment has a three‑room layout
  • Upper apartment includes four bedrooms across the second and third floors

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick Real Estate Agency Law Firm Parking Lot & Garage (Bike/Boat/Book/etc) Store Locksmith Accounting Firm

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

Location Intelligence

Trade Area within ½ mile

1,524
Businesses Nearby

Demographics for 07104, NJ

54,051
Population
21,762
Households
2.5
Avg Household Size
35
Median Age
21%
College-Educated
71%
High-School Grad
2.5 sq mi
ZIP Area
21,620
Density / Sq Mi
$51,199
Median Household Income
$36,139
Median Earnings
$1,343
Median Rent
$337,400
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 residential units share utility service and fenced front parking.
Where is this duplex located?
The property is located at 734 Ridge Street Newark, NJ.
What are key features of this property?
This property features: Two‑apartment configuration across three floors; First‑floor apartment has a three‑room layout; Upper apartment includes four bedrooms across the second and third floors
More about this property
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