132 Ridge Street Newark, NJ 07104

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Ideal for both investors and owner-occupants alike, this gem of a property offers versatility and promise. Each unit, currently occupied on a month-to-month basis, presents an opportunity for stability or potential reconfiguration according to preference. This expansive 3-family residence boasts nearly 3, 700 square feet of living space. Currently fetching a robust gross income exceeding $5k per month, this property presents a great investment opportunity with the potential to increase to over $6k monthly by increasing the below market rent units. Separate utilities for each. Located in a prime location, this property has the convenience of being just a 10 minutes walk from the light rail station, 5 minutes from the esteemed Branch Brook Park, and close to Route 280, Route 21 and the Garden State Parkway. Don't miss out on this rare chance to secure your slice of urban paradise.