Excellent investment opportunity in Forest Hills section of Newark- This multi-family home consists of 3 total units. The first & second floors include 3 bedrooms, 2 full bathrooms, hardwood floors throughout, living room, dining room and kitchen. Bonus unit includes 2 bedrooms, living area, full bath, and access to the back yard. All units are fully rented, bringing in a total monthly income of $5,560. Coin operated Washers/Dryers bring in an extra $300-$400 monthly.
NJMLS #23006353
Mar 28, 2023
Contingent
—
Mar 6, 2023
Listed
$675,000
GSMLS #3628191
Apr 24, 2020
Sold
$550,000
GSMLS #3366929
Aug 25, 2017
Sold
$320,000
Jul 13, 2017
Delisted
—
Jul 10, 2017
Relisted
—
Jun 13, 2017
Delisted
—
May 5, 2017
Relisted
—
Mar 13, 2017
Delisted
—
Feb 25, 2017
Listed
$349,000
Public Records
Nov 19, 2007
Sold
$463,332
Public Records
Oct 29, 2002
Sold
$150,000
Year
Property tax
Land + Additions
Assessment*
2025
$15,488 (+5.2%)
$38,800 + $348,500
$387,300
2024
$14,729 (+2.0%)
$38,800 + $348,500
$387,300
2023
$14,439 (−0.2%)
$38,800 + $348,500
$387,300
2022
$14,470
$38,800 + $348,500
$387,300
2021
$14,462 (+54.0%)
$38,800 + $348,500
$387,300
2020
$9,394 (+1.0%)
$38,800 + $348,500
$387,300
2019
$9,297 (+1.8%)
$38,800 + $208,400
$247,200
2018
$9,129 (+3.7%)
$38,800 + $208,400
$247,200
2017
$8,800 (+3.5%)
$38,800 + $208,400
$247,200
2016
$8,503 (+10.9%)
$38,800 + $208,400
$247,200
2014
$7,665 (+5.0%)
$38,800 + $208,400
$247,200
2013
$7,300 (−22.1%)
$38,800 + $208,400
$247,200
2012
$9,376 (+3.7%)
$38,800 + $208,400
$247,200
2011
$9,039 (+4.7%)
$75,000 + $196,600
$271,600
2010
$8,637 (+16.1%)
$75,000 + $196,600
$271,600
2009
$7,439
$75,000 + $196,600
$271,600
Tax history for 785 Ridge St
Year
Property tax
Land + Additions
Assessment*
2025
$15,488 (+5.2%)
$38,800 + $348,500
$387,300
2024
$14,729 (+2.0%)
$38,800 + $348,500
$387,300
2023
$14,439 (−0.2%)
$38,800 + $348,500
$387,300
2022
$14,470
$38,800 + $348,500
$387,300
2021
$14,462 (+54.0%)
$38,800 + $348,500
$387,300
2020
$9,394 (+1.0%)
$38,800 + $348,500
$387,300
2019
$9,297 (+1.8%)
$38,800 + $208,400
$247,200
2018
$9,129 (+3.7%)
$38,800 + $208,400
$247,200
2017
$8,800 (+3.5%)
$38,800 + $208,400
$247,200
2016
$8,503 (+10.9%)
$38,800 + $208,400
$247,200
2014
$7,665 (+5.0%)
$38,800 + $208,400
$247,200
2013
$7,300 (−22.1%)
$38,800 + $208,400
$247,200
2012
$9,376 (+3.7%)
$38,800 + $208,400
$247,200
2011
$9,039 (+4.7%)
$75,000 + $196,600
$271,600
2010
$8,637 (+16.1%)
$75,000 + $196,600
$271,600
2009
$7,439
$75,000 + $196,600
$271,600
*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.
Public record
Beds
—
Baths
—
Stories
—
Lot width
25 ft.
Lot depth
100 ft.
Lot size
2,509 Sq. Ft.
Year renovated
—
Sq. Ft.
4,264
Year built
2002
Style
Single Family Residential
County
Essex County
APN
1400812 00044
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Sep 15, 2026.
Property details
Exterior
Lot Information
Approximate Lot Size: 25.11
Public facts
Beds: —
Baths: —
Sq. Ft.: 4,264
Stories: —
Lot Size: 2,509 square feet
Style: Single Family Residential
Year Built: 2002
Year Renovated: —
County: Essex County
APN: 1400812 00044
Home facts updated by county records on Sep 15, 2026
Other
Listing Information
Attribution Contact: 908-233-9292
Around this home
Schools
Ridge Street Elementary School
Public PreK-8 • Assigned • 0.1mi
7/10
Provided by GreatSchools
Lifestyle
Provided by Walk Score and Local Logic
Climate risks
1/10 Flood Factor
Minimal risk of a flood reaching the building in the next 30 years
1/10 Fire Factor
Unlikely to be in a wildfire in next 30 years
7/10 Heat Factor
7 days above 101° expected this year, 15 days in 30 years
6/10 Wind Factor
27% chance of strong winds in next 30 years
4/10 Air Factor
3 unhealthy days expected this year, 5 days in 30 years
Provided by First Street
Historical weather
Newark, NJ • 07104-2325
Average low and high temperatures (°F)
36
24
39
26
56
38
64
46
72
55
83
66
87
71
82
64
78
62
68
50
56
41
41
28
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
In this area, properties receive around 8.6 hours in
June and 4.3 hours in December, placing it below the
U.S. average for solar exposure.
8.6 hrs
4.3 hrs
JuneDecember
Provided by Shadowmap
Estimated sale price
$874,000 – $1.06M
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