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Listed by Roi Klipper Corcoran Infinity Properties, Ridgewood
$1,525,000
Est. payment /mo
New
192 Ridge ST Newark, NJ 07104
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Key Details
Property Type Multi-Family
Sub Type 5+Family
Listing Status Active
Purchase Type For Sale
MLS Listing ID 25022327
Style 5+Family
Property Sub-Type 5+Family
Property Description
Welcome to 192 Ridge St, Newark, NJ—a prime investment opportunity in the heart of a thriving community. This newly gutted and renovated property in 2023 offers a unique chance to own a multi-unit space comprising 6 distinct units. Each unit features 2 bedrooms and 2 bathrooms, providing ample living space for tenants. Strategically located, this property is ideal for investors seeking steady rental income. The renovation ensures modern amenities and efficient layouts, appealing to prospective tenants. The building's design maximizes space and functionality, making it a desirable choice for renters in Newark's competitive market. The property's proximity to local amenities, public transportation, and major highways enhances its appeal, offering convenience and accessibility. Newark's vibrant community and ongoing development make this location particularly attractive for long-term investment. 192 Ridge St stands as a testament to quality and foresight in real estate investment. Whether you're expanding your portfolio or entering the market, this property offers a compelling opportunity with its blend of modern renovations and strategic location. Seize the chance to invest in a property that promises potential growth and consistent returns.
Location
State NJ
County Essex
