Income-producing two-family home offering strong upside potential in Newark. This property features two spacious 3-bedroom units with separate utilities and a private backyard.Unit 1 includes 3 bedrooms and 2 full bathrooms, one on the first floor, and a second full bath in the finished basement. The first floor features a living room and eat-in kitchen, while the finished basement adds a second kitchen, two bonus rooms, and direct access to the backyard.Unit 2 offers 3 bedrooms, 1 full bath, living room, and eat-in kitchen on the second floor. Additional features include separate utilities, baseboard heating systems, street parking, and backyard space. Do not disturb the tenants.
Lower Clinton Hill, located between Branch Brook Park and Downtown Newark, is a residential and civic Newark neighborhood with late-19th-century rowhouses and a park-lined street grid. The neighborhood’s character concentrates around Bloomfield Avenue near Lake Street, where corner bodegas, barbershops, and takeout counters keep the sidewalks active. Brick two- and three-story homes mix with small apartment buildings and institutional facades along Broad Street. Branch Brook Park’s paths and cherry trees shape daily routines at the western edge. Community touchstones include the Newark Museum of Art, NJPAC, and the Cathedral Basilica of the Sacred Heart.
Provided by Walk Score and Local Logic
Market insights
111 Ridgewood Ave · $599,000
DAYS ON MARKET
202 days
The average home goes pending in 60 days.
SALE-TO-LIST
103.6%
Most homes are selling 4% above list price.
LIST PRICE
$599,000
Median list price in this area is $690,257. (15% higher than this home)
PRICE DROP
1 price drop
8% of homes in this area have had a price drop in the past month.